Predicting instead of correcting
The challenges of proactive pricing
![](https://www.lizeo-group.com/wp-content/uploads/2022/04/picto-scope@2x-1.png)
The scope and coverage of historical data required to set a reliable model
![L'identification de toutes les caractéristiques pouvant affecter les prix du marché](https://www.lizeo-group.com/wp-content/uploads/2022/04/picto-loupe@2x.png)
The identification of all characteristics which could affect market prices
![](https://www.lizeo-group.com/wp-content/uploads/2022/04/picto-simulation@2x.png)
Simulation and forecast of product demand
Lizeo®.price science
Based on historical data (prices, sales volumes, etc.) and advanced statistics, we identify parameters that have a major influence on your market (external conditions, product characteristics, etc.). Then, we determine which one are most strongly correlated with your competitor product prices changes: these are the variables of your future model.
Final step is computed by artificial intelligence algorithms to create your own dedicated predictive pricing model: let’s now forecast what will be the next pricing move of your competition.
![Algorithmes d'intelligence artificielle Lizeo](https://www.lizeo-group.com/wp-content/uploads/2022/04/shema@2x.png)
How does it work?
![Lizeo Price Science: How does it work?](https://www.lizeo-group.com/wp-content/uploads/2023/07/schema-uk@2x-1.png)
The benefits
![](https://www.lizeo-group.com/wp-content/uploads/2023/08/picto-curseurs-02@3x.png)
Be “price” proactive instead of reactive by anticipating price adjustments
![](https://www.lizeo-group.com/wp-content/uploads/2023/06/picto-oeil-02@3x.png)
Get a better picture of what is influencing the price on your market
![](https://www.lizeo-group.com/wp-content/uploads/2023/08/picto-cible@3x.png)
Set the right price for your new product launch
![](https://www.lizeo-group.com/wp-content/uploads/2023/08/picto-justice-01@3x.png)
Determine where both your pricing opportunities and risks lie
Who is it for?
![](https://www.lizeo-group.com/wp-content/uploads/2023/08/marketing-teams-on-copy-3@3x-6.png)
Marketing & Product Teams
![](https://www.lizeo-group.com/wp-content/uploads/2023/08/product-teams-on-copy-3@3x-6.png)
Pricing Teams
![](https://www.lizeo-group.com/wp-content/uploads/2023/08/management-teams-on-copy-3@3x-6.png)
Top Management
Would you like more information? Would you like a demo?
Let's work together to find the best approach to meet your company's needs.