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Tag: competitor pricing

The Holy Grail of Churn Prediction

Posted on May 22, 2017May 22, 2017 adminLeave a commentPosted in Analytics, Modelling

Being able to correctly identify customers who are likely to leave your business is one of the key metrics of any business. Managing churn is extremely important for so many businesses.  There is of course the very obvious fact that the cost of retaining an existing customer is far less than acquiring a new one.  […]

Using Price to Focus Clearly on Your Customers

Posted on May 20, 2017May 23, 2017 adminLeave a commentPosted in Analytics, Modelling, Visualisation

How can you easily get a clear picture of the potential impact of price on your customers? For years economists have developed theories to help explain why customers do what they do. Whilst knowing economics is certainly useful, there is a very simple and straightforward way to bring this sharply into focus and get a […]

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