Price Elasticity Dashboard
Advanced Analytics
A Price Elasticity Dashboard is used to analyse and visualise the price elasticity of their products or services. Price elasticity measures how sensitive the quantity demanded or purchased is to changes in price. In other words, it helps businesses understand how responsive customers are to changes in pricing.
Powerful capabilities:
- Price Elasticity Coefficients: Display of price elasticity coefficients for different products or services
- Demand Curves: Visualisation of demand curves that illustrate the relationship between price and quantity demanded