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Pricing Optimization

Analyze competitor pricing and market demand to optimize product prices dynamically

Complexity: Complex | Duration: 30m+ | Category: Operations/Process

Tags: pricing optimization analytics competition revenue

Workflow Diagram

Steps

Step 1: Competitor data collection

Agent: pricing

analyst - Scrape competitor prices for matched products

Step 2: Demand analysis

Agent: data

scientist - Analyze sales velocity and price elasticity

Step 3: Margin calculation

Agent: pricing

analyst - Ensure pricing meets minimum margin targets

Step 4: Price recommendation

Agent: pricing

analyst - Generate optimal price points

Step 5: A/B test setup

Agent: data

scientist - Test price variations with customer segments

Step 6: Price updates

Agent: ecommerce

specialist - Push approved prices to all channels

Step 7: Performance monitoring

Agent: data

scientist - Track conversion rate and revenue impact

Step 8: Validation

Agent: component

qa-validator - Verify prices updated correctly

Usage

To execute this workflow:

/workflow operations/process/pricing-optimization.workflow

See other workflows in this category for related automation patterns.