Apparel, Architecture, KPI and Technical Review

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

APRIL 24, 2019

Such a pricing strategy can lead to bad reviews, complaints, or worse. The expert recalls cases when clients were charged preposterous fees for short rides due to extremely high demand, for instance, during the New Year’s Eve. In terms of software architecture, two types of dynamic pricing solutions are available on the market.

Machine Learning

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Serendipity systems: architecting personalization systems at scale

Capgemini

NOVEMBER 29, 2022

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 Interesting read?

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CTO Universe

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Serendipity systems: architecting personalization systems at scale

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