OCTOPUS

Behavioral Pricing Optimization with External Data

Our Behavioral Pricing Optimization Tool – Octopus is designed to refine the outcome of price predictions to the finest point, with the aid of the use of external data and AI modeling.

Octopus predicts the customers’ price elasticity to the granular levels based on their income and spending ability, to ensure that high loyalty rate and increased new customer flow are kept.

Our tool is the combination of ever produced ideas for actuarial science with all available data sources. Octopus merges domain expertise with collective artificial intelligence to produce the best possible optimization based on prediction models.

SPENDING

INCOME

DEMOGRAPHICS

SOCIAL MEDIA

STATISTICS

QUESTIONNAIRE

OCCUPATION

GEO LOCATION

Use of External Data

Lumnion’s external data from open and paid sources

Net Disposable Income Prediction

Predicting customer’s income and spending capacity

Customer Price Optimization

Predicting customer’s price elasticity

Use of External Data

Lumnion’s external data from open and paid sources

Net Disposable Income Prediction

Predicting customer’s income and spending capacity

Customer Price Optimization

Predicting customer’s price elasticity

1 Month Trial
12 Months Subscription
No License Fee
No Service Fee
No User Based Fees

Menu