Intelligent pricing system for bonus programs

business tasks
  • Using the mechanism for dynamic generation of discounts as a key pricing tool
  • Creating a model to determine dependences between prices and discounts.
solution
  • Development of a model that analyzes the dependences between prices and discount.
  • Generation of offers for efficient prices with maximum discounts
  • Account of seasonal and time-limited factors (‘Black Friday’)
implementation effect
  • Effect of fixed prices
  • Sales revenues increased through management of discounts only
  • Maximized extra-high revenues during discounted sales.

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