Price Optimization

Problem

The traditional market research into sales and customer satisfaction done by companies to optimize their prices can be very slow and may not serve companies’ best interests profit-wise in the long term.

Challenge

Evaluating the market value of the product and customer behavior in possible price levels to ensure the best profit scheme for the company together with minimizing errors in price estimation to make sure the product sales will be following the forecasts.

Solution

Aigoritma is offering solutions on pricing suggestions by conducting widespread and detailed market research due to its access to a broader database than the traditional manual recording of sales and market prices.

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