The Internet of Things (IoT) revolution is taking off, and most companies are now in the process of evaluating and/or launching their IoT offerings. Often, businesses in traditional industries face a complex challenge of not knowing how to commercialize an IoT solution that is no longer just a “product.”

At Pricing Solutions, we have a proven approach of helping companies to develop and price their “connected” offer by:

• Determining customer value drivers
• Defining customer value segments
• Developing IoT packages and solutions, including the pricing metric (or unit of sale)
• Establishing a value-based price that will allow our client to meet their business goals around revenue and profit

We offer tailored solutions that help companies successfully develop and launch their IoT products.

Best Practices in Monetizing the Internet of Things

The Internet of Things (IoT) revolution is changing the landscape of business, with new product innovations springing up in a wide range of industries. While IoT technology is generating huge business opportunities, it is also creating a significant challenge – how to effectively monetize IoT products and not leave money on the table?

Why Connected Technologies are Pushing Manufacturers to Value-Based Pricing Strategies

The strategy companies choose to price their products and services can be a key factor in their success or failure. How the IoT influences pricing strategy.

How to Solve a Challenge of Pricing IoT Technology?

Besides offering great opportunities to companies, innovative products also bring complex pricing challenges – how to effectively price IoT products when they are no longer just “products”?