SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Pricing Science

Explore predictive analytics market global development trends 2017-2022 | WhaTech

Explore predictive analytics market global development trends 2017-2022 | WhaTech

Firstly, this report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Predictive Analytics, revenue and market […]

Daily chart: United bumps more passengers than any other large American airline | The Economist

Daily chart: United bumps more passengers than any other large American airline | The Economist

GETTING “bumped” from a flight took on a whole new meaning on April 9th, when United Airlines summoned aviation-security officers to drag a passenger off a plane kicking and screaming—literally. The company needed to transport employees from Chicago to Louisville, Kentucky, and the flight was too full to accommodate them. After no one accepted United’s offer […]

How your pricing policy affects your sales | Intelligence Node

How your pricing policy affects your sales | Intelligence Node

Price optimization is one of the key factors in every business operation as it can raise prices whilst improving sales volumes at the same time. Savvy pricing managers will implement it and focus on building their business to cater to the most profitable customer. However, that sounds easier in theory than it is in practice […]

ComfortDelGro opts not to introduce dynamic pricing | Singapore Business Review

ComfortDelGro opts not to introduce dynamic pricing | Singapore Business Review

It will instead adopt a flat fare structure. Authorities recently gave a go-ahead for taxi operators to introduce dynamic pricing for trips booked through mobile applications. ComfortDelGro has chosen not to introduce such scheme for now, and will instead adopt a flat fare structure for mobile bookings. According to a report from UOB KayHian, the […]

Mortgage Loan Pricing Optimization for Building Societies | FICO

Mortgage Loan Pricing Optimization for Building Societies | FICO

One of the hottest analytic technologies in mortgage lending is price optimization. This is the application of advanced analytics to pricing strategies, in order to determine the ideal price for every customer that maximizes profitability, given factors such as take-up, affordability, etc. That’s great for banks, but what about building societies and credit unions? If […]

Airlines Make More Money Selling Miles Than Seats | Bloomberg

Airlines Make More Money Selling Miles Than Seats | Bloomberg

The airline-miles business, formally known as loyalty programs, has become a high-margin enterprise that’s grown in size and value amid airline consolidation, with carriers keen to expand credit-card rolls and see loyalty members spend more. This year, Alaska Airlines began tying a small percentage of its 19,000 employees’ performance pay to the market growth of its card with […]

Using machine learning for insurance pricing optimization | Google Cloud Platform

Using machine learning for insurance pricing optimization | Google Cloud Platform

The TensorFlow machine-learning framework has been open source since just 2015, but in that relatively short time, its ecosystem has exploded in size, with more than 8,000 open source projects using its libraries to date. This increasing interest is also reflected by its growing role in all kinds of image-processing applications (with examples including skin […]

The good and bad of dynamic pricing | TODAYonline

The good and bad of dynamic pricing | TODAYonline

Last week, ride-hailing platform Grab announced that it would partner five taxi companies (SMRT, Premier, Trans-Cab, HDT Singapore Taxi and Prime) to introduce dynamic pricing for taxi rides booked through the app. This came after the taxi firms informed the Public Transport Council a few weeks ago of their plans to introduce fares that fluctuate […]

Dynamic pricing: Taxi data must be more transparent | TODAYonline

Dynamic pricing: Taxi data must be more transparent | TODAYonline

For commuters, dynamic taxi pricing is a mixed blessing: A greater chance of getting a taxi during rush hour but at a higher fare (Surge pricing: Taxis should also offer competitive fares; March 20). The taxi companies think this is a way to match demand with supply and to incentivise their drivers. So far, no […]

Grab to implement dynamic pricing starting from 29 March | The Online Citizen

Grab to implement dynamic pricing starting from 29 March | The Online Citizen

Ride-hailing application provider Grab has announced that it will implement dynamic pricing, JustGrab, starting from next Wednesday (29 March), following approval granted by the transport authorities last week. The new system will be put on trial starting from today among Grab employees and commuters on its rewards programme. The move means that commuters who book […]