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2. Price intelligence - Wikipedia

   en.wikipedia.org/wiki/Price_intelligence

   Repricing can be either competitor-based or value-based. While the former often increases revenue, it is also likely to cause price erosion. In contrast, value-based pricing tries to avoid a race to the bottom, by focusing more on the bottom-line margin. [11] There are several technology companies that specialize in repricing and pricing ...

3. Pricing strategies - Wikipedia

   en.wikipedia.org/wiki/Pricing_strategies

   Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. [2] Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for ...

4. Customer relationship management - Wikipedia

   en.wikipedia.org/wiki/Customer_relationship...

   Contact-center automation, CCA, the practice of having an integrated system that coordinates contacts between an organization and the public, is designed to reduce the repetitive and tedious parts of a contact center agent's job. Automation prevents this by having pre-recorded audio messages that help customers solve their problems.

5. Price optimization - Wikipedia

   en.wikipedia.org/wiki/Price_optimization

   Price optimization utilizes data analysis to predict the behavior of potential buyers to different prices of a product or service. Depending on the type of methodology being implemented, the analysis may leverage survey data (e.g. such as in a conjoint pricing analysis [7]) or raw data (e.g. such as in a behavioral analysis leveraging 'big data' [8] [9]).

6. Van Westendorp's Price Sensitivity Meter - Wikipedia

   en.wikipedia.org/wiki/Van_Westendorp's_Price...

   Martin, B and Rayner, B (2008) "An Empirical Test of Pricing Techniques." Proceedings of the American Marketing Association Advanced Research Techniques Forum. Lyon, D (2002) "The price is right (or is it?)" Marketing Research. Newton, D, Miller, J, and Smith, P, (1993) "A market acceptance extension to traditional price sensitivity measurement."

7. Bayesian-optimal pricing - Wikipedia

   en.wikipedia.org/wiki/Bayesian-optimal_pricing

   Bayesian-optimal pricing (BO pricing) is a kind of algorithmic pricing in which a seller determines the sell-prices based on probabilistic assumptions on the valuations of the buyers. It is a simple kind of a Bayesian-optimal mechanism , in which the price is determined in advance without collecting actual buyers' bids.