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Pricing Analytics

Why Attribution is passé, even for online marketers

Written by :
Manoj Tadepalli

For some years now, Attribution analysis has been king, and digital is being measured using Attribution models, which evolved over a period of time from simple attribution to the website of the transaction, to giving some credit to the others in the funnel (judgemental); and finally, to some statistical methods used to weight the impact of each website along the purchase path. Despite all of these advances, Attribution always suffered from a fatal flaw of not taking mass media, in store activity and promotion or indeed brand equity into account. This meant that all credit was given to advertising online, and the credit duly inflated. Not the ideal situation for your brand.

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How can brands deal with inflation in input cost?
Sales

How can brands deal with inflation in input cost?

Written by :
Manoj Tadepalli

Data science offers a more precise guide – computing the price elasticity at a key SKU level can suddenly make this exercise a lot easier. While we still use judgement and intuition, now our gut is better informed and therefore the decisions are much better as they are based on hard data.

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