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Retail Pricing: How to set the price Right?

Especially in retail, in the fierce competition, price is quite sensitive.

Pricing is one of the most important decisions that a retailer can make. A pricing strategy dictates how much money a business will take in, and if it’s done incorrectly, it can lead to lost revenue and unhappy customers. So how do you set retail pricing so that it’s fair for both your business and customers? In this blog post, we will discuss the various aspects of retail pricing and the different strategies you can use to determine the best price for your products. We will also look at some of the key factors to consider when creating a pricing strategy and highlight common mistakes to avoid.

A Comparison Between Two Predictive Models of Artificial Intelligence

Reduction of uncertainty in forecasting can increase the chances for good decisions. By systematically investigating new methods and better prognosis, one can save millions for a company.

Remote work and its pros and cons

Can Artificial Intelligence Be Dangerous?

At the core, artificial intelligence is about building machines that can think and act intelligently and includes tools such as Google’s search algorithms or the machines that make self-driving cars possible.

Business Intelligence Management and Leadership

Business intelligence is one of those hidden gems that bring your business to life. It’s not just about the technical data processing—it’s a whole different way of looking at things, from how you communicate with customers and make decisions to the steps that help you manage projects. The point of business intelligence is to provide objective and tell you information, not necessarily optimize decisions. It’s enough that stakeholders understand what happened with the product. We provide data as well as a variety of analytics to help stakeholders make decisions based on the tailoring data. If you’re an IT leader, one of the most important things you’ve got to do is ensure that everyone in your company has access to powerful business intelligence tools. By understanding what business intelligence is, why it matters, and the life cycle, you can ensure that every person in your company has access to the right tools for their jobs. In this guide, I’ll explain everything from traditional vs modern BI to how IT leaders select and implement the right tools for their team, as well as how to make the most out of them once they’ve been selected and put into place. At the end of it all, hopefully you’ll know enough about modern business intelligence practices so that they can help your team improve its performance on tasks like customer engagement or competitive intelligence. All together now…we need more data!

How to win over competitors?

Marketing Analytics

How Artificial Intelligence Will Affect Social Media Monitoring

Technology is everywhere and our lives are becoming more connected to one another than ever. One of the most popular ways to stay connected is through social media. A quick Internet search reveals that every smartphone user uses at least one social media application (Instagram, Facebook, Twitter, Tumblr, LinkedIn, Snapchat). Technology continues to advance rapidly and with it comes an increase in the amount of time people spend online.

The Process of Finding Potential Customers & Essential Notes Not to Be Missed