How Retailers Use Personalized Prices

Re:How Retailers Use Personalized Prices by dogruck on Saturday October 21, 2017 @10:37PM (#15524853)

Some stores offer coupons and price matching guarantees to attract price sensitive customers. Some stores tout that every customer gets "the same low price."

A new facet on the old games.

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Re:How Retailers Use Personalized Prices by sharemywin on Saturday October 21, 2017 @11:45PM (#15525060)

just a whole lot faster and bunch more data mining.

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Re:How Retailers Use Personalized Prices by dogruck on Sunday October 22, 2017 @12:10PM (#15527443)

I remember reading a data science research paper in the early 1990s that explained how Walmart had created a massive database containing all point-of-sale records. The data was stored in a relational database, and Walmart was mining it to be nimble with prices.

[ Parent | on HN ]