11 Trending Price Prediction Model Businesses [2024]

Pat Walls

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Updated: January 18th, 2023

Start A Price Prediction Model Business

Every business wants to make a profit. Luckily, machine learning and artificial intelligence tools to build price prediction tools can help. The price prediction tool uses an automated price forecasting model to help stay in sync with the market.

A price prediction model uses an algorithm to analyze a product or a service based on its characteristics, demand, and the current market trends. The algorithm then sets a price at a level it predicts will attract customers and maximize sales.

Looking for some examples of a price prediction model business?

Interested in case studies of a successful price prediction model business? Check out our full list of success stories.

1. CarGurus

Unbiased car reviews and over a million opinions and photos from real people. Use CarGurus to find the best used car deals.

Where they're located: Jahra, Kuwait
Website traffic: 54.2M/month

2. Montana State University

Website traffic: 790K/month

Learn more about starting a price prediction model business:

Where to start?

-> How much does it cost to start a price prediction model business?
-> Pros and cons of a price prediction model business

Need inspiration?

-> Other price prediction model business success stories
-> Marketing ideas for a price prediction model business

Other resources

-> Price prediction model business tips

4. eFinancialModels

Offering a wide range of industry-specific financial model templates in Excel and related financial projection templates from expert financial modelers.

Website traffic: 50K/month

5. return on investment

Expert guidance and resources for building a winning business case that scores high in credibility, accuracy, and practical value. Deliver success!

6. ProjectionHub

Buy our financial projections templates at Projection Hub. We provide financial forecasting and cash flow projection through our software and templates for investors, business plans, and loan applications. Learn about our financial projections templates at Projection Hub today.

How much they make: $516K/year
Where they're located: Indianapolis, IN, USA
How much did it cost to start: $150K
Current team size: 4
Website traffic: 30K/month

I Grew My Spreadsheet Templates Side Hustle Into A $240K/Year Business

ProjectionHub helps entrepreneurs create financial projections using a library of 50+ CPA-developed financial projection spreadsheet templates, generating over $20,000 per month in revenue without the need for software subscription models.

About

Adam started ProjectionHub almost 12 years ago

Revenue

Adam grew the business to $43K/month

Costs

It cost Adam $150000 to start the business

Read this case study

Read by 9,117 founders

7. Business Science

Learn Data Science for Business - the enterprise-grade process of solving problems with data science and machine learning.

Website traffic: 170K/month

8. Machine Learning In Your Database Using SQL

Integrate MindsDB and make predictions on top of the data in your existing database using SQL queries, eliminating costly replication and simplifying your application infrastructure.

Website traffic: 200K/month

9. The Plastics Exchange. LLC.

The spot market for buying and selling commodity grade plastic resins and a trusted source of market intelligence.

10. Forecast Pro

Forecast Pro is powerful and accurate forecasting software, designed for business forecasters across virtually all industries.

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Starting A Price Prediction Model Business: Everything You Need To Know

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