LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of its recent engagement that sheds light on how pricing analytics helped an automotive company to identify new revenue streams.
The case study aligns perfectly with Quantzig’s commitment to helping its clients transform business processes using data-driven pricing insights. It highlights how the implementation of a data-driven, competitive pricing strategy helped an automotive company to outperform its peers.
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In today’s rapidly evolving automotive landscape, the lack of the right pricing analytics models and tools may pose several challenges for businesses by curtailing their ability to set the right price for their offerings. It’s also crucial to note that automotive companies must have strong analytics capabilities to develop meaningful insights from their datasets and set the right price for their offerings. Our portfolio of pricing analytics services is backed by best-in-class pricing analytics models that aim to address the specific needs of businesses to drive bottom-line results.
Facing similar challenges? Speak to our analytics experts and learn how our pricing analytics services can help.
Key Questions Answered
1. How can advanced pricing analytics models benefit businesses?
2. Why leveraging pricing analytics services is crucial from a business point of view?
3. How can companies automate pricing dataflow and develop KPI dashboards using advanced pricing analytics services?
According to Quantzig’s pricing analytics experts, “The growing competitive pressure from low-cost competitors, new entrants, and product commoditization along with the risk of falling into costly ad-hoc pricing habits are prompting leading companies to use robust pricing analytics models.”
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How Pricing Analytics Services Helped the Automotive Company
1: Improved the efficiency and consistency of their pricing policies
2: Automated pricing dataflow and develop KPI dashboards using advanced pricing analytics services
3: Quantified product demand and identified the right prices
As pricing becomes crucial to thriving in a competitive automotive landscape, companies of all sizes will have to leverage pricing analytics models to identify and set the right prices for their offerings.
Read the complete success story for comprehensive insights: http://bit.ly/2M30OTF
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal