Grow Market Share and Profit with Strategic Parts Pricing
With the constant threat of non-authorized parts, it is tough to maintain a competitive edge. Finding the optimal price point for every service part in your portfolio has never been more critical to your profit margins and revenues— but it’s not easy. You’re not only faced with pricing high volumes of parts across the globe, but inconsistent information about competitive prices, and uncertain demand due to your competition and part lifecycles. Unless you are armed with a solution that is specifically designed for the unique complexities of pricing service parts, you are at risk for a long and tedious pricing battle that you too often lose to your competitors.
Turn Service Parts Pricing into a Competitive Advantage
The PTC Service Parts Pricing solution helps you address the challenges of pricing in a post-sale environment by turning service parts pricing into a competitive advantage. The solution gives you a single tool for clear visibility, precise control and efficient management of new and existing parts pricing. It provides an auditable pricing platform that considers all factors affecting global pricing strategies across a service part’s lifecycle. By utilizing a blend of three advanced pricing approaches— price alignment, market-adaptive pricing, and price elasticity—it enables you to find the optimal price for each service part. With PTC Service Parts Pricing solution, you not only realize untapped revenue and profit, you gain a competitive advantage for your service business.