OnDemand WTP Pricing Research

Tech Spotlight | PriceBeam

PriceBeam brings decades of pricing experience and know-how to customers who want to take the guesswork out of pricing.

PriceBeam is all about helping companies improve on their pricing by taking the guesswork out of what the prices should be. We scientifically survey and analyze customers’ willingness to pay and use this to offer insights as well suggested actions for how to price.

From the outset PriceBeam has been created as a global enterprise with representation around the world. PriceBeam provides market research about customers’ willingness-to-pay in 109 countries. The team boasts experienced pricing industry veterans with decades of experiencing in helping companies around the world manage and optimize their prices and price structures.

PriceBeam offers superior, cost-efficient and fast pricing research to a variety of industries, including consumer goods, consumer services, startups and entrepreneurs and investors.

The Struggle is Real

Pricing, Marketing, and Finance teams struggle to capture fresh, reliable, and actionable willingness to pay data.

PriceBeam provides self-service market research to companies of all sizes that quickly, accurately, and affordably discovers customers’ willingness to pay for any product or service so you can optimize prices for all market segments GLOBALLY. 

  • Responses in as little as 1-2 days (B2C) and 1 week (B2B)
  • Global Reach – available in 109 countries and 40+ languages

“Pricing of new products/markets is often wrong by as much as 30-100% – resulting in an over 80% failure rate on new product introductions.”

– PriceBeam Global Pricing Survey 2017 & customer cases

Proven Research Science

PriceBeam can help with all of that by applying proven pricing research science as an on-demand service – you will have the actionable data you need.

  • Gain scientific facts about what customers are willing to pay for a brand or products.
  • Identify value drivers by comparing with competitors or product alternatives.
  • Predict what potential clients are willing to pay for a product that has not yet been launched
  • Set the optimal price from the beginning – and make adjustments throughout the product lifecycle.
  • Support for making marketing investments
    • If customers see the product as “too expensive” then invest in communication and brand equity, or re-configure the product.
    • If customers see the product as “too cheap” then implement price increases.
  • Gain analytical insights to support price increases that stick when you need it – not months to late.
  • Obtain a scientific understanding of optimal price points and their influence on both volume demand and revenue/profits
  • Commentary on research results from experienced pricing professionals


Fast and Reliable Pricing and Value Attribute Research

Having completed thousands of value-based pricing market research projects, PriceBeam provides self-service market research to companies of all sizes that quickly, accurately, and affordably reveals customers’ willingness-to-pay for your products or services in all of your markets.

  • Launch studies on-demand 24/7
  • Responses in as little as 1-2 days (B2C) and 1 week (B2B)
  • Global Reach – available in 109 countries and 40+ languages
  • Quick to set up research studies – 8-12 questions about target market, segmentation and product
  • PriceBeam does the “plumbing” – quality control, sampling, recruitment, payment & incentives, translations, statistical processing, and capturing of data.
  • Use of established research methods, both indirect and choice-based.
  • Through a combination of human expertise and a proprietary AI engine, PriceBeam quality controls each step of the research project.
  • Eazy to analyze results – downloadable reports and raw data, online analytics tool


Customer Value Case Examples

Consumer Goods – New Market Product Launch WTP Study

  • US Launch price for new consumer product
  • Original price planned > $7.99
  • PriceBeam Research > $9.99, but add differentiated product
    • Basic version > $9.99
    • Premium version > 14.99
  • Effective price improvement: 43%


Online Training Software – Value Drivers Study

  • Analysis of customer value drivers for software
  • Original price > $199/user
  • PriceBeam Research > offer differentiated prices per segment
  • Average price increased to $297


Media Publisher – New Subscription Launch WTP Study

  • Analysis of proposed launch price for new subscription
  • PriceBeam Research > customers willing to pay 3 Swedish krona more per month, showed what attributes to highlight in communications
  • ROI in less than ONE WEEK – Annual Profit increase 576,000 Swedish krona


Learn more:

Tip Sheet > Pricing Techniques: 7 Secrets to Best-Practice Pricing

Tip Sheet > Pricing Products and Services: 10 Common Mistakes Companies Make

Webinar > How to Increase Prices Using Willingness to Pay Insights

Webinar > Pricing Right Made Easy – Optimizing Prices With Research

Overview > On-Demand Value-based Pricing Research with PriceBeam.


Schedule a Demo to see the possibilities

Test Drive the tool with a free trial account

*  If you are ready to gain value-based pricing insights ASAP – use offer code – PRICINGNEWS20 – for 20% off your first study. 

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