Using Azure to optimize pricing strategies for car parts sales

Shahar Spencer 60 Reputation points
2024-06-10T08:14:57.2766667+00:00

A car company wants to optimize the pricing strategy for their vehicle spare parts using Azure tools. How can Azure machine learning or other available Azure tools be used to find an ideal price that increases profitability while retaining clients and not losing deals? The current pricing decisions are made based on gut feelings, not data-based solutions. The sales managers are looking to combine certain price elements to create optimal pricing strategies.

Azure Machine Learning
Azure Machine Learning
An Azure machine learning service for building and deploying models.
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