Ebook

OPTIMIZING PRICING THROUGH DIGITAL TRANSFORMATION

OPTIMIZING PRICING THROUGH DIGITAL TRANSFORMATION

Pages 17 Pages

This eBook focuses on the digital transformation of pricing strategies, moving from manual, rule-based pricing to dynamic, AI-driven pricing systems. It outlines the stages of the pricing journey, including Gartner's five stages of pricing maturity: manual pricing, rule-based pricing, price optimization, and the integration of machine learning and artificial intelligence. It discusses the benefits of adopting dynamic pricing, such as real-time price adjustments, improved profit margins, and increased efficiency. The document also explores how companies can implement dynamic pricing systems, optimize their pricing strategies post-implementation, and address the challenges associated with transitioning from traditional pricing models.

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