The SPC Network Price Simulation Tool

The SPC Network Price Simulation Tool is an online training resource to illustrate the potential impact on both demand and revenue in response to changes in price, given specified price elasticities on demand and/or usage.

In a typical training scenario, the Trainer would establish a baseline case. Trainees (using their own logins to the Tool) would then vary details of the pricing structure. The Trainer would then recalculate results based on those new pricing structures to demonstrate the potential impact of price elasticities on demand and/or usage.

Under a classroom/workshop environment, the Trainer could run through a number of simple exercises to help familiarise the Trainees with the tool. The Trainer could then ask the Trainees to choose their own, customised pricing structures to see which Trainee's inputs resulted in the largest increase in overall revenue.

If you would like more information on this valuable training tool, then please do contact us.