Dynamic Price Optimization Productionising is the ML Automation of Mathematical Analysis of Sales, Market Data to find the Optimal Price Point for a Product or Service
Browsing: Marketing Mix
Pricing strategies determine the price companies set for their products to maximise profit, to increase market share within a market or to enter a new market.
Pricing strategies determine the price companies set for their products to maximise profit, to increase market share within a market or to enter a new market.
Price Optimization is the use of Mathematical Analysis & Modeling to find the Optimal Price Point for a Product, Service based on Consumer, Sales & Market data
Learning Video Guide on Implementing Price Optimization in Excel & how to determine elasticity of demand. Also Learn how to use Excel Solver to Estimate Demand.
Pricing strategies determine the price companies set for their products to maximise profit, to increase market share within a market or to enter a new market.
Learn from this Video Guide, the Importance of Marketing Mix and how does it help you getting higher ROI on your Marketing Spends
Understanding Marketing Mix 4Ps with Best Business Use Case – Mc Donalds