McKinsey uses cookies to improve site functionality, provide you with a better browsing experience, and to enable our partners to advertise to you. Detailed information on the use of cookies on this Site, and how you can decline them, is provided in our cookie policy. By using this Site or clicking on "OK", you consent to the use of cookies.

Price Advisor

Bring science to the art of price setting

  • Price Advisor 001

    Pricing across large product portfolios
    can be challenging

  • Price Advisor 002

    Price Advisor analyzes what shapes
    your pricing strategy including
    customer, competitor, channel, cost,
    and capacity dynamics

  • Price Advisor 003

    It uses a proprietary methodology to
    price thousands of products
    individually...

  • Price Advisor 004

    ...delivering the transparency and
    workflow to provide confidence and
    alignment around your pricing
    decisions and...

  • Price Advisor 005

    ...increasing your profits
    by 2-5% of sales

 

Improve RoS by 2-5% points annually
Price Advisor is an integrated price-setting and price management solution that uses a highly segmented adaptive pricing approach and value-based pricing rules to give companies a holistic perspective on pricing.

Price Advisor offers strong analysis capabilities that include the ability to model micro-segments of products, channels, and geographies. It combines a complete pricing database with advanced price-setting methodologies and price recommendations. The software provides dynamic and live price-checking using advanced algorithms and best-in-class online price intelligence services when used together with Market Vision.

What Price Advisor delivers:

  • Develops segment and SKU-specific price recommendations
  • Systematically sets and manages periodic price changes for all your products
  • Helps you understand historical pricing performance
  • Streamlines pricing management and productivity
  • Automates workflow managements and non-critical tasks
  • Tracks pricing compliance and performance
  • Provides dynamic pricing for eCommerce

 

Learn more

 

Visit the Periscope® Case Study page to learn how Periscope® Price Advisor helped set granular pricing for 10,000 SKUs in 3 weeks. 

Read how we can work together to establish dynamic e-commerce pricing capabilities for your company. 

Side -price _advisor _06-new