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Artificial Intelligence and Machine Learning. Evolution

How Artificial Intelligence and Machine Learning Can Impact Market Business



Pricing is one of the crucial components that drive an organization’s revenue and helps determine profitability. Some of the top organizations especially Amazon take advantage of the dynamic pricing based on customer demand and behavior.

Today with the advent of big data technologies, many businesses are leveraging the power of data to optimize pricing decisions. Even a 1% increase in price can result in a 10% improvement in the organization’s operating profit.

  • Customers' satisfaction and trust
  • Revenue increase
  • Profits
  • Competition

Strategy Resources

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Automated machine learning

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Automated machine learning

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Automated machine learning

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Automated machine learning

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Automated machine learning

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Automated machine learning

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Key Features

Determine the Best Pricing Strategy For Your Business

Creaming/Skimming

This pricing strategy involves setting initial premium prices expecting it to get lower as rival comes in. The goal here is to gather as much revenue as possible when the demand is high, and no competitor has stepped in.

Penetration Pricing

This type of pricing is generally used by the latecomers in the market so that they can attract customers away from the competitors by setting a low price at the start.

Everyday low Pricing

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Choose a Plan

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Frequently Asked Questions

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