Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.
A technique to generate more revenue by optimizing a dynamic pricing strategy
Greater control over pricing by analyzing data and machine learning techniques
Data is continually collected and analyzed to adjust prices
Recommend new prices and reprises automatically using cost-based, competitor-based, and demand-based factors
Use of deep reinforcement learning and ML algorithms to manage pricing and balance demand-supply variations
Use of real-time data to make decisions
More granular insights and speed up the decision-making process at the product level
