by Felix Weer | Nov 28, 2019 | Definitions, Pricing
Behavioural theoretical models are hypothetical constructs that aim to understand and explain people’s mental trains of thought (Diller 2008, p. 94). Behavioral theoretical aspects are used in the pricing approaches discussed in this paper to understand how... by Felix Weer | Nov 20, 2019 | Price Monitoring, Pricing
Global e-commerce studies are still talking about the phenomenon of the ‘boom in e-commerce’, with sales continuing to rise, new competitors constantly appearing on the market, and users becoming more agile in price comparisons. Just look at the research,... by Felix Weer | 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 Felix Weer | 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 Felix Weer | Nov 18, 2019 | Definitions, Price Monitoring, Pricing
The oligopoly is a market form in which there are many buyers but few suppliers. An oligopoly with exactly two suppliers is called a duopoly or dyopoly, while a market where there are also few suppliers and few buyers is called a bilateral oligopoly. Price rigidity... by Felix Weer | Nov 17, 2019 | MAP Pricing, Pricing
Price control is an economic policy tool for controlling prices on the market, which adds an additional component to supply and demand. The idea behind it is to support certain groups of people and/or companies from the farming community as producers to socially...
Recent Comments