Impact Pricing

Pricing Data Analytics: The Hows and Whys with Armin Kakas

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Synopsis

Armin Kakas is an expert in analytics, having lots of education in statistics, machine learning and A.I. He has an MBA, and he was a former VP of analytics at American Tire Distributors. He is also the founder of Revology Analytics, a revenue growth analytics consulting company.  In this episode, Armin talks about data analytics and its crucial role in pricing and in businesses as a whole.   Why you have to check out today’s podcast: Learn the importance of gathering and understanding data both in B2B and B2C setups Find out why pricing and price adjustments must be base on data and customer feedback and should never be done internally in a company Learn how to communicate and unite insights from both the points of view of business people and statistics people   “There needs to be a much smarter, much surgical way to manage discounts and really reward those customers that have the highest lifetime value or highest volume versus other things.”  – Armin Kakas   Topics Covered: 01:55 – How Armin got into prici