
"I have had the pleasure to work with Prorize staff in multiple large-scale revenue management projects as a colleague and customer. They pioneered the pricing algorithms for many industries, including the multi-family industry. They have superior ability and experience to analyze, formulate, and design an end-to-end pricing system which produces measurable benefits. Prorize staff is particularly hands-on and is extremely easy to work with. I strongly recommend Prorize for anyone considering any pricing and revenue management initiative."
Prorize deliverables provide the best dollar-for-dollar investment you can make…
Methodologies
We uncover hidden profit opportunities through analytical techniques that include segmentation analysis, market response modeling, applied probability theory, demand forecasting, and optimization. We know how to make the science of pricing work within complex business environments. We have led the design of large-scale automated systems that currently price more than $100 billion worth of products annually.
Mission
At Prorize, we employ the most scientifically accurate market analysis to develop decision-making processes for pricing and product availability, which in turn extracts the maximum value from available demand streams. Our solutions achieve data-driven precision and incorporate advanced mechanisms for automatic and continuous calibration as incremental data may indicate shifting market conditions.
Philosophy
Even within the same industry, different business practices can lead to completely different pricing solutions. Other pricing vendors may conceal this critical fact in an effort to sell you their “off-the-shelf” products. Employing a predetermined “one size fits all” solution can lead you to invest huge amounts of time and money and end up addressing the wrong pricing problem. At Prorize, your data drives us to deliver an unbiased and science-based approach to your particular pricing situation.
Qualifications
We expertly apply our knowledge gained through advanced degrees in such fields as operations research and statistical modeling to the practical challenges of daily business life. Our staff keeps their skills honed and up to date through continuous study and by contributing to the science of data-driven analytics via publishing scholarly articles and conducting real-world application presentations.