Revenue and Pricing Analytics with Excel & Python.

🚀 Course Title: Revenue and Pricing Analytics with Excel & Python 🎓 Headline: Maximize Product Availability and Boost Business Profitability with the Art of Pricing!

🎉 Introduction: Dive into a captivating tale from the late '70s when airline ticket prices were fixed, and customers had only one class to choose from. It was a time when American Airlines dominated the skies. But with deregulation, a new player entered the scene—People Express, offering tickets at fractions of the cost of American Airlines. This shift triggered a revolution in pricing strategy, known as "yield management," which not only changed the airline industry but also set a precedent for businesses worldwide.

🚀 The Transformative Impact of Yield Management: From American Airlines to Ford car rentals, Mariott hotels, and major TV networks—yield management reshaped the way companies approach pricing. It transformed a mere profit-making tool into a strategic weapon that can significantly boost business profitability and enhance product availability. This course will guide you through this transformative journey, exploring consumer behavior and teaching you how to set optimal prices for your products or services.

📊 Who Is This Course For? If you're an entrepreneur, product manager, or marketing expert looking to launch a new product or service, or if you manage a product line and seek to maximize revenue and enhance product availability, this course is your golden ticket. It's designed to set you on the right path for success.

🛠️ From Excel to Python: This course isn't just about understanding pricing strategies; it's about mastering them with real-world tools like Excel and programming languages such as Python. No need to worry if you're new to Python—we've got you covered with a Python crash section that will get you up to speed step by step.

📚 Course Content:

• Excel Mastery: Learn how to analyze inventory perishability, apply various pricing strategies, understand customer willingness to pay, and more!
• Python Fundamentals: Get hands-on with Python basics, functions, for loops, demand fitting, multi-product optimization, and customized pricing.

🎓 Course Design: The course is structured as an immersive learning experience, starting with the fundamentals of pricing theory followed by practical applications using optimization techniques. Whether you're a Python newbie or a seasoned pro, this course is designed to cater to your needs and ensure you gain the skills necessary to optimize your pricing strategy.

📈 What You Will Learn:

• With Excel:

  • Analyzing inventory perishability and applying different pricing strategies.
  • Determining customer willingness to pay and setting response functions.
  • Utilizing elasticity concepts for effective pricing.
  • Differentiating product offerings for various market segments.
  • Nesting in revenue management and applying booking limits effectively.
  • Simultaneously optimizing prices for multiple products at once.
  • Implementing markdown strategies.

• With Python:

  • The basics of Python, functions, and for loops.
  • Demand fitting using linear and logit functions.
  • Multi-product optimization techniques.
  • Customized pricing solutions.

🌍 Course Experience: Join us on this enlightening journey where you'll not only learn but also apply the concepts in real-world scenarios. With interactive modules, hands-on exercises, and comprehensive spreadsheets, you'll be equipped to navigate the complex world of revenue and pricing analytics.

📅 Enrollment & Enjoyment: We're excited to have you join us inside the course. We promise an enriching learning experience that will not only enhance your skills but also ignite your passion for data-driven decision-making in pricing and revenue optimization.

Happy mining, and see you in class! 🎓✨

Instructor: Haytham, Rescale Analytics

Enroll now and embark on a journey to master Revenue and Pricing Analytics with Excel & Python! 🚀💡