The Andrew Faris Podcast cover image

Andrew Campbell, OpenStore's Quant

The Andrew Faris Podcast

00:00

The Second Price Yield Auction Concept Is So Helpful

The second price yield auction is so helpful. This is exactly why people set a cact target at a certain number. The whole notion is you've got X amount of margin to give beyond which point a customer is all under profitable to you. So bid in a way that gets you customers at that much or less and that's it.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app