Price Personalization Might Be The Next Big Thing for Retailers
With advanced AI, retail industries are pushing personalization to the next level. Now it is not only recommending the right product for the right customer at the right time, but also taking personalization to the right pricing level. Following the trend of my previous talk in Re-work on personalized product recommendation, in this talk, the focus will be on sharing some insights on pricing aspect and how AI can be useful for personalized pricing.
Juwel Rana, PhD is a global analytics leader located at Oslo, Norway and leads the analytical development at Varner Group, holding the position as Head of Analytics. He is AI product focused, believer of value driven development. Juwel possess full stack development principles from architecting AI product to algorithmic design as well as strategic and business objective setting. When it comes to AI technology, Juwel thinks business first, and when it comes to business, Juwel puts customer first.