Back to All Events

Module 2: Pricing and elasticity

Price is often one of the easier things to adjust, but many retailers have difficulties to get beyond traditional "cost-plus" approaches, or stick to old rules of thumb. This is ill-suited to an online and fast-paced playing field. During this session participants learn how elasticity can be estimated using historical data, how competitor prices can be employed, how end of season markdowns can be approached more intelligently and what to consider when adopting dynamic pricing.

Previous
Previous
February 20

Module 1: Experimentation and marketing

Next
Next
April 30

Module 3: Purchasing, inventory management and product returns