Learn more about Van Konan Price Optimization in our Lighthouse Academy course!
1. Adding a Van Konan Price Optimization test
Note: For one-time purchases, such as buying a house, car, or boat, may not be practical to calculate the frequency in this experiment. For these use cases, click the ON button in the Max Sales Frequency line to turn it OFF, while still testing for Max Profit. Because these modules build upon each other, you must include Max Revenue to be able to measure Max sales frequency and/or Max profit. |
2. Adding more parameters
Note: The estimated sales price, TAM, and unit cost can all be adjusted on the Results page. |