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Price Optimization

Code Crafted helped the company discover the ideal price point for its products, optimizing for the highest revenue/profits

Problem

The company struggled with figuring out the ideal price points for its product

improved net profits per guest by 10%

Solution

Code Crafted provided a regression model to deduce the products' price sensitivity and ideal price point

90% accuracy in price sensitivity deductions

Results

The company improved profits and revenue

ease of price experimentation without losing customers

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