# Data-Driven Pricing Services 'PriceChecks' Pinpoints How Much to Charge for a Product By Michael Hemsworth | Published 2020-03-04 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/pricechecks References: [betalist](https://betalist.com/startups/pricechecks?utm_campaign=startup-71346&utm_medium=atom&utm_source=newsfeed) & [pricechecks.io](https://pricechecks.io/?ref=betalist) Knowing the right figure to use when strategizing [professional pricing](https://www.trendhunter.com/trends/ratecardly) is crucial, so the 'PriceChecks' service is intended to help make the process easier. The service works by running [market research surveys](https://www.trendhunter.com/trends/buildpad1) with users to get the exact kind of feedback required by a brand to know what the best price is for their particular product or service. Minimal information is required, such as who the target customer group is and product details to make the process as quick as possible for companies to take advantage of. The 'PriceChecks' service will deliver a [price range report](https://www.trendhunter.com/trends/spot-insights) within a few days that's comprehensive enough for companies to make educated decisions when it comes to final price range for their product or service. ## Trend Insights (Trend Hunter) - Score: 4.0/10 - Popularity: 49% | Activity: 63% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) ## Key Themes ### Why This Trend Is Growing - **Data-driven Pricing:** Utilize market research surveys and user feedback to determine the best price range for products and services. - **Market Research Surveys:** Integrate user feedback into pricing strategies through surveys to optimize product price ranges. - **Price Range Reports:** Offer comprehensive reports that provide companies with the necessary information to make educated decisions on product and service pricing. ### Industries Being Reshaped - **E-commerce:** Implement data-driven pricing strategies to optimize product pricing in the competitive e-commerce industry. - **Market Research:** Leverage market research surveys to provide valuable insights for companies in the market research industry. - **Consulting:** Assist companies in various industries by offering price range reports and data-driven pricing consulting services. ## Related on Trend Hunter - [Visual Price Discoveries](https://www.trendhunter.com/trends/pricesnap.md) - [Competitor Price Trackers](https://www.trendhunter.com/trends/skewscanner.md) - [Pricing Page Optimization](https://www.trendhunter.com/trends/roast-my-pricing.md) - [Pricing Intelligence Tools](https://www.trendhunter.com/trends/juicer-compete.md) - [Price Monitoring Tools](https://www.trendhunter.com/trends/price-tracker.md) - [AI Retail Innovation Platforms](https://www.trendhunter.com/trends/hyperfinity-ai.md) - [Handmade Price Calculators](https://www.trendhunter.com/trends/handmade-product-pricing-calculator.md) - [Cost-Effective Skincare Initiatives](https://www.trendhunter.com/trends/choose-a-price.md) - [Sophisticated Price Comparison Tools](https://www.trendhunter.com/trends/klarna-2.md)