by Brainbi | Jan 18, 2020 | Data Science, Definitions, Price Monitoring, Pricing
To be able to implement a reasonable and effective pricing policy, the market environment must be known. For this purpose, a market analysis (or market research) is carried out. Market analysis is usually part of marketing, but can also be carried out as part of... by Brainbi | Nov 19, 2019 | Allgemein, Data Science, Definitions, Price Monitoring, Pricing
Many companies spend so much time analyzing their internal processes that they forget the importance of being aware of competitor actions, action and price monitoring. This view helps to understand how companies are positioned in the market, how they behave at... by Brainbi | Nov 18, 2019 | Allgemein, Data Science, Definitions, Pricing
Business Intelligence Developer is a person who designs and imlements technology-driven processes for analyzing data and presenting actionable information that helps executives, managers, and other end users make informed business decisions.Definition of Business... by Brainbi | Nov 17, 2019 | Allgemein, Data Science, Definitions
A price point is a retail selling price that is directly below a round number (e.g. 2.99 EUR). The price point is therefore a special, fixed sales price to achieve a sales-promoting effect. This is because a price that is just below the round price is considered... by Brainbi | Nov 16, 2019 | Data Science, Definitions
What is Business Analytics? It deals with all the methods, tools and ways with the help of which an organization can measure its performance. There are different and specific methods that are used for different project by different organizations. For the production... by Brainbi | Nov 16, 2019 | Data Science, Definitions
In this article we want to define the term regression and give valuable information for beginners. Regression and Prediction are powerful tools used in Predictive analysis. Linear regression is useful in determining linear relationship between a target and one or...
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