Competitive Pricing

Article 3 : Competitive Pricing Analysis: Gaining the Edge in Pricing Strategies

In today’s dynamic business landscape, where consumers are spoiled for choice and competition is fierce, pricing strategies have emerged as a key battlefield for companies vying for market share. The concept of Competitive Pricing has risen to prominence as businesses recognize the pivotal role it plays in determining not only their profitability but also their …

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Data Science Lifecycle

Exploring the Data Science Lifecycle in 16 different stages

Data Science Lifecycle – Introduction In the era of data-driven decision-making, the process of extracting meaningful insights from raw data has become crucial for businesses and organizations. The data science lifecycle encompasses various stages, each contributing to the transformation of data into actionable insights. This article delves into the comprehensive journey of exploring the data …

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Pricing Elasticity

Article 2: Understanding Price Elasticity and Demand Forecasting

Introduction Understanding customer behaviour is vital for effective pricing strategies in today’s competitive business landscape. Price elasticity and demand forecasting are key elements in pricing analytics that help businesses make informed decisions. In this article, let’s look into these in-depth, unearthing their relevance and presenting practical examples to show how they impact price decisions for …

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Introduction of Pricing Analytics

Article 1: Introduction of Pricing Analytics

Why do we need “Pricing Analytics or Optimization”? When it comes to pricing their products and services in today’s highly competitive market, businesses confront several issues. These pricing decisions hold immense power as they directly influence a company’s revenue, profitability, market position, and overall success. To effectively address these challenges and make well-informed pricing decisions, …

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Voting problem using string operation

Here we will discuss about how do we write a program to find out which person voted for each radish preference using string operations For that we have a text file which we need to save in our computer and give path to python. You can download the input file from http://opentechschool.github.io/python-data-intro/files/radishsurvey.tx After that run this …

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