July 28, 2017 | Written by: Denise C. Gary
Categorized: Dynamic Pricing
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Have you thought about Dynamic Pricing?
It’s summer time and the days are longer. Everyone is enjoying warm weather and evenings on the patio. Some of you might be fretting over making pricing decisions. Some days, you probably spend a lot of time reviewing and approving pricing that you know are correct. How many hours did that take?
Do you want to save that time? Then you might want to try out the Approvals settings in Dynamic Pricing. We made it easy for you to try it. Log in and look at the sample data view. We created a step-by-step walk through that shows you how to create auto approval settings and see the results.
In our example, before you apply the auto approvals you have 115 prices to approve.
After you apply some auto approval settings, you only have 28 prices to review and 87 prices were automatically approved for you!!!
Let’s say that on average you spend 20 seconds reviewing each pricing recommendation. With auto approvals, you just save 29 minutes on this one pricing strategy. Just think about it? What will you do with all the time you are saving?
Find this tour on the Help > Getting started menu.
How to sign up for the Dynamic Pricing trial
If you haven’t signed up for the trial, then maybe you should. You can have a free 30-day trial. You can play with the sample data we provide, or you can upload your own data.
Go here to enroll: www.ibm.com/us-en/marketplace/dynamic-pricing