Day 2
Main Stage
May 16, 2024
9:45 am
10:30 am

How to Think Outside the Box of Used Car Market Based Pricing Strategies

Leverage your data and AI to make your own market when pricing and acquiring used cars.

About this session

Traditional market-based pricing strategies for used cars often lead to homogeneous pricing that doesn't necessarily reflect the true value or demand for specific vehicles. "How to Think Outside the Box of Used Car Market Based Pricing Strategies" challenges attendees to rethink these norms by leveraging advanced data analytics and artificial intelligence. This session will demonstrate how to use your own data effectively to create a personalized market strategy that optimizes both pricing and acquisition of used cars. Industry experts in data science and automotive sales will share cutting-edge techniques and tools that enable dealers to not just follow the market, but to set their own competitive benchmarks.

Key Takeaways:
-Strategies for utilizing big data and AI to develop proprietary pricing models that go beyond standard market-based approaches.
-Techniques for analyzing market data to identify unique opportunities for buying and selling vehicles.
-Insights on integrating data-driven decision-making processes into your existing sales and acquisition strategies.

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