{"id":5187,"date":"2015-10-16T10:46:00","date_gmt":"2015-10-16T08:46:00","guid":{"rendered":"https:\/\/staging-corporate.shakazoola.com\/uncategorized\/premiere-experimentation-du-pricing-dynamique-applique-au-commerce-des-vo\/"},"modified":"2023-04-06T12:23:21","modified_gmt":"2023-04-06T10:23:21","slug":"first-experimentation-of-dynamic-pricing-applied-to-the-used-car-market","status":"publish","type":"post","link":"https:\/\/corporate.autobiz.com\/en\/press-release\/first-experimentation-of-dynamic-pricing-applied-to-the-used-car-market\/","title":{"rendered":"First experimentation of dynamic pricing applied to the used car market"},"content":{"rendered":"\t\t
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Home<\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t16 October 2015\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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First experimentation of dynamic pricing applied to the used car market<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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New: autobiz has developed a programme capable of adjusting the prices of a used-vehicle stock in real-time. The software, developed jointly with the SAMM laboratory at La Sorbonne and a major French manufacturer, is now entering a test phase on several pilot sites.\u00a0<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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autobiz has developed a programme capable of adjusting in real-time the prices of a used car stock according to supply and demand. The software, developed jointly with the SAMM laboratory at La Sorbonne and a major French manufacturer, is now entering a test phase on several pilot sites.<\/p>

autobiz announces the creation of the first dynamic pricing tool applied to the automotive trade. Designed for distribution professionals, this programme takes into account their fixed costs, their stock potential and their performance objectives. Its algorithms then dynamically calculate the optimal price for each used car, based on real-time analysis of supply and demand to apply an optimal pricing grid.
This project, which began in 2013 and was co-financed by BPI France, mobilised researchers from the SAMM laboratory at the University of Paris-Sorbonne, as well as the sales department of a major French manufacturer.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Our specifications called for between 5 and 10% additional margins on an entire stock, and to reduce the average holding time of a vehicle by around ten days<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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says Daniel Urbah, autobiz’s R&D director.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Thirty months later, the programme is now going to be tested on several pilot sites of autobiz.fr from December. This network, created in 2012, is the number 1 in automobile trade-in in France.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Price has become an essential purchasing criterion since consumers have become accustomed to going on the Internet to select the used car of their choice. Our dynamic pricing programme is at the service of sales managers. It shows them daily how to position the prices of their vehicles on the market so that they can optimise their margins over time.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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says Christophe Louvard, CEO of autobiz.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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autobiz is one of the world’s leading car valuation companies, with 35 million monthly price valuations in 22 countries. Since 2004, the company has been offering a whole range of tools to develop the used car business of professionals in the distribution, rental and insurance sectors. Launched in 2012, the autobiz.fr vehicle trade-in platform for private individuals is now operational on the French and Spanish markets. It will be deployed in Germany, Italy and Belgium by the end of 2015, and in five other countries in 2016.<\/p>

A member of the BPI Excellence community, autobiz has strong growth potential for BPI France. The company devotes 15% of its turnover to R&D each year.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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About autobiz<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Since 2004, autobiz has been supporting all European players in the automotive industry with trade-in solutions. This support is based on 20 years of data history as well as web, software, and the business know-how of the company\u2019s 280 employees. Today based in La D\u00e9fense (92), autobiz also has offices in Berlin, Valencia (Spain) and Milan. autobiz assists more than 20 leaders in used remarketing (manufacturers, bankers, leasers, bidders\u2026) as well as 5,000 points-of-sale in 22 countries across Europe.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Read more<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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autobiz and JATO Dynamics Forge Strategic European Partnership to Redefine Vehicle Identification and Valuation Standards<\/a><\/h4>
autobiz, the European leader in used vehicle valuation and residual value intelligence, and JATO Dynamics, the global leader in automotive…<\/div>
Learn more<\/span><\/i><\/span><\/a><\/div><\/div><\/div>\n<\/div>\n
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autobiz Italia has been awarded by Great Place To Work\u00ae Italia as one of the best Italian companies to work for, within the Best Workplaces\u2122 2026 Ranking<\/a><\/h4>
autobiz Italia was evaluated by the company’s employees through an internal survey. The result: great satisfaction expressed by the employees…<\/div>
Learn more<\/span><\/i><\/span><\/a><\/div><\/div><\/div>\n<\/div>\n
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BearingPoint and autobiz partner to strengthen transparency and robustness in automotive asset-based financing across Europe<\/a><\/h4>
Two leading European companies announce a partnership aimed at residual value management in the context of asset-backed financing for banks,…<\/div>
Learn more<\/span><\/i><\/span><\/a><\/div><\/div><\/div>\n<\/div>\n
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With a 92\/100 score on the Gender Equality Index, the autobiz Group continues to demonstrate strong performance in advancing gender equality across both tech and automotive sectors!<\/a><\/h4>
With a score of 92\/100 on the Gender Equality Index, autobiz reaffirms its ongoing dedication to fostering pay equity and…<\/div>
Learn more<\/span><\/i><\/span><\/a><\/div><\/div><\/div>\n<\/div>\n
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The latest version of autobizMarket launches in Spain with a redesigned interface and market-specific features<\/a><\/h4>
autobiz announces the rollout of the newly updated version of autobizMarket, the Spanish version of autobizMarket, one of the flagship…<\/div>
Learn more<\/span><\/i><\/span><\/a><\/div><\/div><\/div>\n<\/div>\n
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Advisory Firm of The Year: autobiz awarded for autobizNext, the solution that redefines Residual Value management in Europe<\/a><\/h4>
autobiz has been awarded the title of \u201cAdvisory Firm of the Year\u201d at the 2025 GlobalData Automotive Europe Awards in…<\/div>
Learn more<\/span><\/i><\/span><\/a><\/div><\/div><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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New: autobiz has developed a programme capable of adjusting the prices of a used-vehicle stock in real-time. The software, developed jointly with the SAMM laboratory at La Sorbonne and a major French manufacturer, is now entering a test phase on several pilot sites. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-5187","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"\nautobiz | First experiment of dynamic pricing for UC market<\/title>\n<meta name=\"description\" content=\"New: autobiz has developed a programme capable of adjusting the prices of a used-vehicle stock in real-time.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/corporate.autobiz.com\/en\/press-release\/first-experimentation-of-dynamic-pricing-applied-to-the-used-car-market\/\" 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