The Earnix Blog
October 1, 2023
By Sean Johnson
If you are facing with a choice of building vs purchasing an off-the-shelf pricing analytics software, this blog post will help you understand the pros and cons of both and present them to your management and IT teams.
June 6, 2023
By Equipo de Earnix
March 29, 2023
By Sean Johnson
What does it mean to have a proactive, optimal pricing strategy? The first, and most simple answer, is the ability to understand how the market will react to changes in price – how this will affect auto loan volumes – and then identify the ideal price across all cells. In order to be proactive, it is imperative that you are able to accurately model and forecast how various changes in rates will impact a customer’s probability of closing a loan.
March 28, 2023
By Luba Orlovsky
To make a cake, you need to have specific ingredients: eggs, milk, flour, etc. The same applies to a model, you need to have variables such as age, tenure, and price.
March 1, 2023
By Will Ely
It’s a tough time to be an auto lender. Not only is the total auto loan amount financed decreasing, but in the third quarter of 2022, loan originations fell to their lowest levels since 2013.
November 17, 2022
By Equipo de Earnix
Against a backdrop of high interest rates, supply chain issues, changes in the mix between new and used vehicles, increasing regulatory pressures, and general economic uncertainty, there is no question that the auto financing landscape is more competitive than ever.