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Rules-based strategies help to “fake it till you make it” but they struggle at scale and often underperform due to biases in rules and an inability to iterate quickly. Volume of experimentation can be a valuable KPI unto itself. “If maximize revenue, minimize my carbon footprint through fewer shipments). Interesting read? Neerav Vyas.
Such a pricing strategy can lead to bad reviews, complaints, or worse. The expert recalls cases when clients were charged preposterous fees for short rides due to extremely high demand, for instance, during the New Year’s Eve. KPI-driven pricing. Practical goals that retailers set for investment into AI and IoT technologies.
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