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Resources/models on Price Elasticity?
June 12, 2023, 4:18 p.m. | /u/realbigflavor
Data Science www.reddit.com
Hey guys,
My company sells products to distributors and directly to retailers like Wal-Mart.
We're a company whose brands have experienced growth every week/year since we took them on.
Management has repeatedly shown interest in figuring out how sensitive consumers/distributors are to our prices, and I've tried running a simple Pearson Correlation in Excel, but I'm getting insignificant values every time, and sometimes even positive correlation between …
brands consumers datascience elasticity growth hey management price products resources retailers true
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