Key Notes
Data, decision making
Online + Offline business
Data Driven Optimization
Good base and start creating insights
Optimal discount for sales season
Well informed decisions for optimal price
Recent purchase
Predict sales for each week
Price vs Forecast for each week
Price vs forecast of sales
Matrix with price for week vs sales forecast
Profit for each particular case
Stock movement vs left over stock
A/B Testing measure impact
Difference of difference method A/B testing
Lessons Learnt
Try to use tool that gives understandable results
Get job done
Able to explain assumptions
Connect with stakeholders
Approach problem from different perspectives
Keep Thinking!!!
No comments:
Post a Comment