Remove Apparel Remove Architecture Remove KPI Remove Strategy
article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing strategy 101 and key approaches. Each of these pricing strategies brings various benefits when executed right. Increased competitiveness.

article thumbnail

Serendipity systems: architecting personalization systems at scale

Capgemini

Recommendation architectures are those that persuade and influence our choices. Rules-based strategies help to “fake it till you make it” but they struggle at scale and often underperform due to biases in rules and an inability to iterate quickly. Volume of experimentation can be a valuable KPI unto itself. “If