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.
Common challenges of managing pricing for service parts:
- Manual processes
- Technology that cannot scale to support growing business
- Lost profits with under priced parts
- Risk of ceding market share by overpricing
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’s Service Parts Pricing solution, you not only realize untapped revenue and profit, you gain a competitive advantage for your service business.
Learn more about PTC’s industry-leading Service Lifecycle Management solutions.
Service Lifecycle Management
The Service Council – Pathway to Profitable Service
The global services community has come a long way in the past dozen years or so. However, in order to attain the highest levels of performance, an organization must have an effective Service Lifecycle Management (SLM) solution in place. Learn more about the benefits and advantages of SLM in this report from The Service Council. Download Now.
State of Service Management
Aberdeen Research Report – State of Service Management: Outlook for 2013
The transformation of the service organization continues in 2013. No longer is service just about delivering support, but more and more it's about a true understanding of customer needs and the provision of solutions to ensure customer delight, profitability and maximum value. Read this report to learn how Best-in-Class organizations are maximizing customer satisfaction with improved service management. Learn More.