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Price Elasticity of Demand to Win in 2024: All You Should Know
Learn the definition of price elasticity and find out how it impacts retail strategy. Explore examples and discover software solutions to streamline the process.
December 27, 2023 5 min read -
Backcasting: Building an Accurate Forecasting Model for Your Business
Competera’s data science team shares their experience on how to build a precise predictive model for a business with extreme seasonality and start capitalizing on it.
January 14, 2021 9 min read -
Safety Stock: Retailer's Shortcut to Sustainable Forecasting
Safety stock is a key category when it comes to retail forecasts, distribution, and service level. Discover fundamental models underlying long-term predictions in retail and find why pricing software is inevitable.
May 05, 2020 10 min read -
The Ugly Truth of Price Wars in the Beauty & Health Sector
Price wars could devastate retailer's financial health in just a few months. Learn the lessons of price wars in beauty and health to make sure your business is out of the risks.
February 06, 2019 9 min read
