A data-driven method for setting an optimal price for products is shown using Einstein Discovery - M
Presented By: David Martin
Presented On: Mar 25 2021 virtually on Tableau CRM Learning Days.
Setting a "proper" price for products requires the consideration of the trade-off between margin and volume. We leverage the capabilities of Einstein Discovery to reveal where prices should be set for your products. This method can also take into consideration other cofactors such as seasonality and location in the pricing exercise.