Tuesday, May 8, 2007

Profit Optimization

The local paper today carried an interesting article about profit optimization... the art and science of re-arranging prices to generate maximum overall income... and profit.

This, of course, is a familiar story... airlines have been doing this for years. But now the technology is starting to be used in retail stores, and this is a trend that is definitely worth watching!

Leaders in the field include:

Profit Logic

Khimetrics

DemandTec

What do YOU think? How could this technology be used in YOUR industry?









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