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Episode 225 - The Art & Science of Pricing and Profitability on Amazon with Chad Rubin
eCommerce Evolution
Pricing on Amazon
Pricing is the smallest lever that swings the biggest door of profitability but then you should be having weekly meetings with your finance team and with management to speak about what are our target margins. Connect pricing as a discipline across your roadmap for products across your finance team across marketing across your ads team or your ad agency whoever you're hiring. There's so much data to capture right here's your price and we ingest it all into a model which continuously learns and improves 24-7. The reason why I started building prophecy was I couldn't do that manually and I also have a lot of stewsRight before we did a stew rationalization at the company I had about 500 something steep private
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