1.

Record Nr.

UNINA9910807195103321

Autore

Bodea Tudor

Titolo

Pricing segmentation and analytics / / Tudor Bodea and Mark Ferguson

Pubbl/distr/stampa

[New York, N.Y.] (222 East 46th Street, New York, NY 10017), : Business Expert Press, c2012

ISBN

1-78268-088-8

1-283-89292-8

1-60649-258-6

Edizione

[1st ed.]

Descrizione fisica

1 online resource (173 p.)

Collana

Marketing strategy collection, , 2150-9662

Altri autori (Persone)

FergusonMark

Disciplina

658.816

Soggetti

Pricing

Revenue management

Market segmentation

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 147-151) and index.

Nota di contenuto

1. Theory of pricing analytics -- 2. The practice of pricing analytics -- 3. Dynamic pricing and markdown optimization -- 4. Pricing in business-to-business environments -- 5. Customer behavior aspects of pricing -- Appendix A. Dichotomous logistic regression -- Appendix B. Pricing analytics using R -- Notes -- References -- Index.

Sommario/riassunto

Pricing analytics uses historical sales data with mathematical optimization to set and update prices offered through various channels in order to maximize profit. A familiar example is the passenger airline industry, where a carrier may sell seats on the same flight at many different prices. Pricing analytics practices have transformed the transportation and hospitality industries and are increasingly important in industries as diverse as retail, telecommunications, banking, health care, and manufacturing. The aim of this book is to guide students and professionals on how to identify and exploit pricing opportunities in different business contexts.