Value Based Pricing: Difference between revisions

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===Targeted smart pricing with AI===
===Targeted smart pricing with AI===
When doing any type of transaction online or in person there could be some assistant watching you. This can vary from your appearance, type of diction, clicking patterns, chat logs with in the help sidebar, how often products are viewed and how frequently your looking at them. by automating all of this into a weighted model can be used to target users automatically by assuming their income bracket and adjusting prices accordingly instead of paying a marketing department do it for them. Smart pricing is the new method many companies embrace to maximize profit while reducing expenditures
When doing any type of transaction online or in person, there could be some AI assistant watching you. This can vary from your appearance, type of diction, clicking patterns, chat logs within the help sidebar, how often products are viewed, and how frequently you're looking at them. By automating all of this into a weighted model can be used to target users automatically by assuming their income bracket and adjusting prices accordingly instead of paying a marketing department do it for them. Smart pricing is the new method many companies embrace to maximize profit while reducing expenditures


==Examples==
==Examples==