Price Margin Intelligence
The Price Margin Intelligence dashboard identifies opportunities to raise prices, and therefore margins, without reducing revenue. It also identifies price outliers to increase customer perception and satisfaction. Use this dashboard to analyze the following:
• Consistent prices that make sense to customers
• Areas where prices and margins can increase without discomfort to the customers
• Information needed to adjust the pricing strategies to yield a positive outcome
Widget | Description | Hyperlink | Action |
|---|---|---|---|
SKU Count | The total number of SKUs | None | None |
Cluster Count | The total number of clusters | None | None |
Outlier Count | The total number of outliers | None | None |
Average Margin | The average margin as a percentage | None | None |
Cluster Outliers | The top ten clusters based on the number of outliers. | Click a pie slice to open the pop-up menu and select Hyperlink. | The Price Margin Cluster Details dashboard is opened, populated with the data for the selected cluster. |
Outlier Analysis | The top 100 clusters based on the outliers, cost, and margin. | Click a bubble to open the pop-up menu and select Hyperlink. | The Price Margin Cluster Details dashboard is opened, populated with the data for the selected cluster. |
Recommended Margins – Top Clusters | The top ten locations that have the highest recommended margins. | Click a bar to open the pop-up menu and select Hyperlink. | The Price Margin Cluster Details dashboard is opened, populated with the data for the selected cluster. |
Profit Opportunity - Top Location | The top ten locations that have the highest profit opportunity. | None | None |
Profit Opportunity - Top Clusters | The top ten clusters that have the highest profit opportunity. | Click a bar to open the pop-up menu and select Hyperlink. | The Price Margin Cluster Details dashboard is opened, populated with the data for the selected cluster. |
Cluster Details | The detail fields by cluster, including the outlier count, recommended margin, and profit opportunity. | Click a Cluster hyperlink. | The Price Margin Cluster Details dashboard is opened, populated with the data for the selected cluster. |