Why listen to customers while a mass of transactional data, such as sales data, is available? Or, what can we learn from the past to better predict the future? We recommend starting any need for customer and pricing understanding by analysing available data. We measure the correlation between sales and product features, including price, through machine learning methodologies. The more data available, the more accurate prediction models will be, plus it allows us to develop market mix models. Transactional data analysis has limitations, especially if future product changes are not represented by the past.
Our trusted
methodologies
At boobook, our core values shape our culture and drive our approach to solving complex business problems. These values are the foundation of our success and define who we are as a team.
Gabor Granger
This pricing method presents customers with varying price points for a product and asks their willingness to purchase, resulting in a demand curve that identifies optimal pricing for maximizing sales, revenue, and profit.
Make better
business decisions
Explore our success stories and learn how we've successfully helped different businesses. Or get in touch with us to schedule an introductory call.
