AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
Entrepreneurs create businesses to capitalize on new ideas, but even the most innovative products and services can fail if managers fail to set prices that attract customers and produce profit.
You finally ship your product, traffic is trickling in, and people are clicking “Pricing.” Then they bounce. No signup. No ...
There was a time when software pricing lived in a spreadsheet, far from the product itself. That time is over. In today’s world of usage-based pricing, AI-native tools, and real-time infrastructure, ...
Parcel shipping is rapidly shifting from predictable, static pricing to dynamic rates that fluctuate with demand, capacity, and customer characteristics. This shift, led by UPS and FedEx, brings ...
A multi-year contract can save your business the hassle of seeking new vendors every year or annually reviewing current vendors' contracts. Inflation and market forces can cause the costs of supplies ...
Learn how sportsbooks set odds. We break down odds compilation engines, from raw data ingestion and probability models to ...
Retail brands and consumers alike are feeling the pressure of inflation. But as we head into a new, elongated holiday shopping season, brands need to perfectly balance satisfying customer needs and ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Praneeta Pujari Dynamic ...
In 2006, Dominique Molina, CPA, was desperate for a change. Long hours and the challenges of running her small tax practice were taking a toll on her health, relationships, and family. Molina took a ...
A conversation with pricing expert Rafi Mohammed on when and how to change prices in response to Covid-19. Rafi Mohammed, founder of the consulting firm Culture of Profit, says a crisis or recession ...