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SP-2000 ver. 1.12

By Pricing Machines AS

Discount optimization by Machine Learning

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Free  

Never requires payment

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Industries
Horizontal Product
Consumer Goods
Retail
Business Need
Sales Intelligence
Ecommerce
Requires
Sales Cloud
Compatible With
Experience Cloud

SP-2000 applies machine learning to your historical sales data, to calculate and recommend to your sales team, the exact optimal discount applied to your product or service, in order to maximize profit contribution from each sale.

  • Price optimization by machine learning

Compatibility

Requires
This solution requires these products in order to work. Before you implement the solution, check that you have these products.
Sales Cloud
Compatible With
This solution is tested to work with and extends the value of these products, but doesn't require them.
Experience Cloud
Salesforce Editions
Enterprise
Unlimited
Developer

App Details

Version
Intelligent Discounting App/Spring 2023 1.12.0
Listed On
10/24/2024
Latest Release
10/24/2024
Supported Features
No Limits
This product's apps, tabs, and objects don't count against your Salesforce org limits. Learn More in Help
Lightning Ready
Optimized for Salesforce orgs that use Lightning Ready.
Community Builder
Ready to use in the Salesforce Community Builder.
Managed Package
This product is installed in your Salesforce org as a managed package and receives automatic upgrades.
Lightning App Builder
Ready to use in the Salesforce Lightning App Builder.
No Limits
Lightning Ready
Community Builder
Managed Package
Lightning App Builder
Package Contents
If this app is a managed package, the custom apps, tabs, and objects that it contains don't count against your Salesforce allocations. If this app is not a managed package, allocations apply. Learn More in Help
Custom Objects: 2
Custom Tabs: 1
Custom Apps: 1
Lightning Components
Global: 4
App Builder: 4
Community Builder: 3
Languages
English

Security

This solution is a Non-SFDC Application as defined in Salesforce’s Main Services Agreement. Notwithstanding these Security Requirements or any security review of a Partner Application, Salesforce makes no guarantees about the quality or security of this solution. You’re responsible for evaluating this solution’s quality, security, and functionality.
Last Reviewed Version
The most recent solution version that underwent the AppExchange Security Review. Undergoing the Security Review doesn't guarantee a solution’s security.
1.12.0
Last Reviewed Date
The most recent date that this solution underwent the AppExchange Security Review. Undergoing the Security Review doesn’t guarantee a solution’s security.
09/28/2023

Additional Details

The optimal price point is the one that has the highest probability to win the sale at the lowest discount level. SP-2000 applies machine learning to your historical sales data, to calculate and recommend to your sales team, the exact optimal discount applied to your product or service, in order to maximize profit contribution from each sale. The app takes into account all relevant previous offers your company has made to potential buyers, and analyzes the price/discount versus the outcome (win or loss.) Every sales opportunity is unique, but some characteristics are comparable across opportunities. SP-2000 selects only relevant historical offers from your company bid log, in order to analyze the win/loss rates at different price/discount points for comparable sales opportunities, in order to calculate and recommend the optimal discount level to the sales opportunity at hand. As your company bid log grows, SP-2000 discount recommendations become sharper. SP-2000 is extremely simple to use by your sales team, as the only interaction they will have with the app is that the discount field in Salesforce will no longer be empty, but will be pre-populated with the optimal discount.

Need help?

Pricing Machines AS

Oslo, Norway

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