AI Use Case

Optimise pricing for services or products based on customer-specific data

Optimise pricing for services or product offerings based on customer-specific data. This may include previous purchase decisions or wider data accessed from 3rd parties.

Function

Benefits

Revenue - Pricing optimisation,Revenue - Better targeting

Case Studies

Caesars Entertainment~Caesars Entertainment improves promotional targeting having increased customer individual spend tracking from 58 to 85 percent with loyalty programs and machine learning,Caesars Entertainment~Caesars Entertainment offers customers on the casino floor real-time incentives to bet more by identifying their behaviour and emotions through machine vision ,"Caesars Entertainment~Caesar Entertainment drives revenue by optimising floor layouts, pricing and even restaurant menus to better match customer segments"

Industry

Consumer Goods And Services

Media And Publishing

Data Sets

Structured / Semi-structured

AI Technologies

Machine Learning (ML),Traditional AI,ML Task - Grouping - Clustering,ML Task - Prediction - Regression

Potential Vendors