SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Pricing Science

DoorDash is testing surge pricing for its deliveries in select US markets | Quartz

DoorDash is testing surge pricing for its deliveries in select US markets | Quartz

Everyone hated surge pricing when Uber first added it to rides. Now surge is becoming ubiquitous among food delivery startups, too. Postmates has “blitz pricing” and Sprig, before it went out of business, charged more to deliver during busy times. Uber brought surge pricing to UberEats late last year and, in recent months, DoorDash has […]

How Artificial Intelligence benefits companies and ups their game | Livemint

How Artificial Intelligence benefits companies and ups their game | Livemint

Predictive analytics, diagnostics and recommendations: Predictive analytics has been in the mainstream for a while, but deep learning changes and improves the whole game. Predictive analytics can be described as the ‘everywhere electricity’—it is not so much a product as it is a new capability that can be added to all the processes in a […]

How tech is disrupting the vacation rental market [Video] | Yahoo! Finance

How tech is disrupting the vacation rental market [Video] | Yahoo! Finance

The Portland, Oregon–based startup says its dynamic pricing system guarantees homeowners they’ll make more money with Vacasa than any other platform, including Airbnb. Johnson explains that Vacasa’s newly revamped pricing software considers hundreds of real-time data points for its 5,200 rental properties in 17 US states and 10 countries including Italy, Spain, France, Chile, Costa […]

T-Pro demystifies promotional sales data with predictive analytics | Dairy Reporter

T-Pro demystifies promotional sales data with predictive analytics | Dairy Reporter

Tapping into consumer behavior Consumers are basing their purchase decisions less on brand preference and more on other factors, according to Ziegler. “When you go into a grocery store or a CVS or Walmart, you buy things for a reason and some of those reasons are driven by price and the reduction of price,” Ziegler […]

Surge pricing promises higher returns, but is it realistic for U.S grocers? | Food Dive

Surge pricing promises higher returns, but is it realistic for U.S grocers? | Food Dive

The hyper-competitive British supermarket scene often hatches trends and innovations that eventually make their way to the U.S. Surge pricing — also known as dynamic pricing — is the latest bid by retailers like Tesco and Marks & Spencer to entice customers while trying to maximize profits. It’s a tricky push-pull that has become increasingly […]

Big data will change business marketing forever | Techaeris

Big data will change business marketing forever | Techaeris

OPTIMIZED PRICING Pricing services and products is a balancing act. Getting the price right in today’s hyper-competitive economy is tricky for businesses without the right tools. Big data analytics can help businesses fine-tune their pricing and even offer customized pricing on the individual level for best results. McKinsey found that minor improvements in the pricing […]

How predictive analytics is changing the game for real estate agents | RealtyBizNews

How predictive analytics is changing the game for real estate agents | RealtyBizNews

Martin Morzynski, chief marketing officer with HouseCanary, a real estate data analytics firm, told RISMedia that predictive analytics can “help agents get better at their jobs because consumer’s expectations and questions and getting more precise.” “It brings a level of accuracy and granularity into the process that changes the game,” he added. There are other […]

Connecting the dots: the hybrid data management arena | Information Age

Connecting the dots: the hybrid data management arena | Information Age

Is hybrid data management now a necessity? De Souza: Absolutely. If you think about applications today, whether they be in manufacturing trying to do predictive analytics on the supply chain or optimise supply chains, or whether you’re talking about fraud detection in finance or insurance, or real-time dynamic pricing – these things don’t just need […]

Insurance industry ‘struggling to be more agile:’ analytics summit speaker | Canadian Underwriter

Insurance industry ‘struggling to be more agile:’ analytics summit speaker | Canadian Underwriter

The third panelist, Travelers Canada chief actuary Erika Schurr, suggested regulation sometimes gets in the way of being more customer-centric. “Sometimes we want to do something what’s best for a customer and the regulator stops,” said Schurr. “Think of something like price optimization. You don’t like your increase to your Rogers bill? You can call […]

Alarmist Algorithms: Why Pricing Bots Won’t Be the End of Society | Kelley Drye & Warren LLP | JDSupra

Alarmist Algorithms: Why Pricing Bots Won’t Be the End of Society | Kelley Drye & Warren LLP | JDSupra

Federal Trade Commission Acting Chairman Ohlhausen and Commissioner McSweeny recently gave two very different speeches on algorithmic pricing. Commissioner McSweeny’s speech seemed to express concern that algorithms would lead to price fixing, coordination and higher prices.  The Chairman seemed less concerned.  The Chairman is likely correct.  Pricing bots are not a new, sinister specter haunting […]