Overview of the Telecom Industry: If you’re ever worked in the telecom industry then you already know the role the telecom companies are playing in facilitating the transfer of information and communication across the globe. While focusing on the role of big...
Pricing
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How to Automate Pricing Infrastructure?
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Why Does your Company Need Pricing Analytics?
You set MRSP of $100 for a product and you feel that the sales are not quite picking up. So now, you lower the price and find out that the sales are increasing. You reduce the price further in hope of sales skyrocketing, it increases, albeit not as rapidly as it did...
Why it’s Time to Adopt Pricing Analytics
A modern-day consumer has multiple options to choose from the competitive market. Innovations brought about by a brand is being easily imitated, and the level of product differentiation is declining. Companies these days are battling out on the price front with...
Pricing Analytics Helps a Food and Beverage Company to Drive Profits Using a Strategic Pricing Framework
With rapidly changing tastes and preferences of the consumers, the food and beverage companies are focusing on innovations to shift towards a health-conscious and customer-centric environment. To sustain themselves in a competitive environment, it is necessary for...
Spend Analytics and Price Performance Assessment Reduces Used Cars Purchase and Maintenance Costs for a Fleet Operator
Business Challenge Developing low cost fleet strategies A leading fleet operator in the UK wanted to understand the price performance of used cars in the UK for development of fleet purchase and existing fleet maintenance strategies. Situation: Spend analysis on used...
70% Loss Reduction Achieved by a Leading FMCG Company by the Implementation of Multi-Factor Price Forecasting Methods
Business Challenge Implementation of a robust price forecasting mechanism. The client wanted to develop a robust price forecasting mechanism that could help them negotiate better rates with suppliers and optimize future raw material inventory levels. Speak with our...
9-11% Sales Growth Achieved by a Leading Supermarket Through Implementation of Pricing Analytics
Business Challenge Implementation of a robust pricing analytics solution. A leading supermarket chain in the US wanted to conduct a pricing analysis exercise for its grocery line of products that had premium as well as standard variants. Speak with our analytics...
Oil Company Improves Pricing Process and Efficiency Using Pricing Analytics
Business Challenge Implementation of robust pricing model. A leading energy client wanted to develop price model to better manage the impact of price changes on its business. Situation: Setting up analytical models for price modeling. The client wanted to improve its...
Implementation of Pricing Analytics Helps Leading Telecom Operator Improve Revenue Growth
Business Challenge Implementation of a robust pricing analytics solution. A leading telecom operator in APAC region wanted to implement a robust model for determining right pricing ranges using data analytics based solutions. Situation Reliance on traditional price...