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EPISODE · Aug 8, 2019 · 4 MIN

Using the Efficient Frontier Theory in Retail Pricing

from Engage3: Trends in Retail Technology · host Marielle Fong

In retail, you’re managing a portfolio of products. Instead of an investment decision, however, it is a pricing decision of how much you will be investing into each product to lower the price. Markowitz's Efficient Frontier allows you to boil that pricing decision down into 2 dimensions – Price Image and Profit Goals. Listen to how you can make the tradeoff in retail pricing – where you have to manage thousands of pricing decisions to achieve your desired return.

Episode metadata supplied by the publisher feed · Published Aug 8, 2019

What this episode covers

In retail, you’re managing a portfolio of products. Instead of an investment decision, however, it is a pricing decision of how much you will be investing into each product to lower the price. Markowitz's Efficient Frontier allows you to boil that pricing decision down into 2 dimensions – Price Image and Profit Goals. Listen to how you can make the tradeoff in retail pricing – where you have to manage thousands of pricing decisions to achieve your desired return.

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Frequently Asked Questions

How long is this episode of Engage3: Trends in Retail Technology?

This episode is 4 minutes long.

When was this Engage3: Trends in Retail Technology episode published?

This episode was published on August 8, 2019.

What is this episode about?

In retail, you’re managing a portfolio of products. Instead of an investment decision, however, it is a pricing decision of how much you will be investing into each product to lower the price. Markowitz's Efficient Frontier allows you to boil that...

Can I download this Engage3: Trends in Retail Technology episode?

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