Customers already have the choice of purchasing two individual Products instead of just one. But what would happen if you provided Customers with the option of purchasing a pre-packaged Bundle? This Market Simulation explores whether packaging together a Bundle from individual Products can increase Sales, Revenue, and Profitability.
Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition
A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website:
https://scientificstrategy.com/ms-231/
External resources
Used extensions & nodes
Created with KNIME Analytics Platform version 4.3.0
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Market Simulation nodes by Scientific Strategy for KNIME - Community Edition
Decision Ready, LLC
Version 4.3.0
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Legal
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