Stop Racing in a Blindfold!: Big Data + Pricing Science Drive Bigger Profits
Language: English
Published by University Training Partners Publishing, 2024
- Softcover
- New

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- Title
- Stop Racing in a Blindfold!: Big Data + Pricing Science Drive Bigger Profits
- Author
- Vaughn, Jim
- Publisher
- University Training Partners Publishing
- Publication year
- 2024
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0990683869
- ISBN 13
- 9780990683865
There has been a surge in business-to-business market changes and customer demand for pricing transparency—juiced in part by the aftermath of the pandemic and its supply chain disruptions.
This updated 2nd edition provides a conversational introduction that shows how every business can apply data science capabilities to their pricing challenges. The author has been applying the basic tools and techniques of AI/ML to pricing challenges across 25+ different industries for over 32 years.
Some of them any topics addressed are:
This updated 2nd edition provides a conversational introduction that shows how every business can apply data science capabilities to their pricing challenges. The author has been applying the basic tools and techniques of AI/ML to pricing challenges across 25+ different industries for over 32 years.
Some of them any topics addressed are:
- Why a one-size-fits-all general price increase hurts profitability.
- Why pricing analytics (like price waterfalls) are useful but are not a silver bullet.
- What challenges businesses face when using just a business analytics reporting approach.
- What price segmentation is and how it benefits businesses.
- What four key steps drive a pricing science solution.
- How pricing science helps Sales avoid leaving money on the table and helps them win deals faster.
- Why improving profitability is not just a technical task, it is a leadership and management challenge.
"Synopsis" may belong to another edition of this title.
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