MARKT-PILOT´s Glossary

Understand all MARKT-PILOT terms and important words about market-oriented pricing.

Potentials

  • Underpriced parts: Parts that are priced below market. Your competitors charge more for these parts than you. 
  • Exklusive parts: Parts with no or limited competition. Your customers have a hard time finding alternative competitors for those parts. 
  • Overpriced Parts: Parts that are priced above market. Your competitors charge less for these parts than you. 
  • Priced at market: Parts that are priced at market (+/-5% as per your "market price" setting). Your competitors charge about the same for these parts than you. 

Spare parts

  • A-Parts: Low quantity, but high value
  • B-Parts: Medium quantity, but often low value
  • C-Parts: Low value but hight costs (such as screws or nuts)
  • Engineering Parts: Components that are manufactured "in-house"

How to analyse your sparts parts with MARKT-PILOT is explained in this article.