Leveraging data science and AI-powered software, Engage3 helps retailers and brands enhance their performance through localized competitive intelligence and optimized pricing strategies.
Soda, Scorecards and Discounts - Optimal Pricing at Engage 3
On this project students will dig deep into large, real-world data sets and understand consumer behavior from both the consumer and retailer perspective. In addition to opportunities to implement descriptive analytics, this project offers a rich test bed to improve students forecasting (prescriptive analytics) skill set.
The most powerful P&L lever for the retailer is pricing. MSBA students collaborated with Engage3 data scientists to analyze and benchmark the economic value of machine learning models for retail pricing.
A second project focused on improving Engage3’s in-house demand forecasting model.