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Tag: price optimization

Top 10 Ways AI Drives Price Optimization in Retail

Oct 6, 2020 |

There are several techniques in use in various stages if maturity in retail and e-commerce. Many different tools and techniques feed into AI powered price optimization for retailers. When used together these can drive very significant top line and bottom-line results for retailers, and allow them to be much more agile in their response to changes in market conditions like competition, costs, inventory levels, and more. Read more…

Digital to Profit: When AI and Machine Learning Meet Pricing

Jan 6, 2020 |

Before I get into the topic of how companies are using AI and machine learning to drive price optimization and gain a competitive advantage, let’s take a step back and get nostalgic for a moment. Read more…

9 Ways Retailers Are Using Big Data and Hadoop

Jul 20, 2016 |

The big data revolution is changing how business gets done in all industries. That includes the massive retail market, which drives $2.6 trillion in business in the U.S. and employs 42 million Americans. Read more…