I will analyze price elasticity for your products
About this Gig
Are you leaving money on the table?
Pricing is the most powerful lever for profit, yet most businesses set prices based on guesswork or "the competition."
I will help you find your Optimal Price Point using scientific analysis.It is an econometric model that isolates the relationship between price and demand
What I will do for you:
Using your historical sales data,I will build a demand model to calculate your Price Elasticity of Demand.This tells you exactly how sensitive your customers are to price changes
What this Gig includes:
A sophisticated analysis that provides a direct elasticity coefficient.
Optimal Price Discovery:I identify the spot where your Total Revenue is maximized.
External Factors Control:I can factor in Advertising Spend and Seasonality to ensure the results aren't "polluted" by other variables
Break-Even Analysis:
Calculation of the minimum units you need to sell at different price points
Actionable Strategy:
A clear "Go/No-Go" recommendation for price increases or decreases
Data Requirements:
To get the best results,I need high-frequency data for a period where price fluctuations occurred.Stop guessing and start optimizing
Let's find your perfect price today!
Visualization Tools:
Microsoft Excel
•
Python
Type of model:
Product pricing
Industry:
Other
Target country:
Canada
•
China
•
United States

