Mimiran Pricing Newsletter Q3 2008
In this issue, we look at the field of experimental economics, the fancy name for something we've been helping compaines do for years.
We've got a lot of events coming up in the next few months, so we look forward to getting together with some our readers, customers, partners, and prospects.
Experimental Economics: Finding Millions of Dollars in a Haystack
Wired recently ran a story on Experimental Economists, who model complex scenarios and attempt to optimize outcomes for large companies and government agencies. My reaction to the story was "wow-- that's what Mimiran does all the time, we just didn't have such a cool name for it."
Now let's walk through how many companies make pricing decisions and how enhanced modeling can help drive better results and provide metrics to gauge pricing success.
Read more.Be Part of Our Mimiran Pricing Analytics 4.0 Beta Program
Our latest software is in limited Beta mode and will soon be in available for broader Beta use. Participants will enjoy free use of the software in exchange for feedback. Because the software is hosted on the web, you don't have to install anything. You will gain the benefit such as:
- Experimental economics.
- Sophisticated pricing analysis, including price waterfalls, revenue vs margin analysis, price bands, and other reports.
- Comparison of current customer segmentation schemes verus price segmentation versus behavioral segmentation.
- Discount management and approval.