Using AI for dynamic price prediction in the largest motorised vehicle market in Finland

Understanding realistic market prices and ideal selling times is equally important to companies and consumers in motor vehicle sales. We focused on improving NettiX’s user experience by providing automated market knowledge about prices and selling times. 

How did we help?

• Developing the back-end, i.e. data cleansing and data science algorithms and front-end, i.e. web interface and accessibility of the Price Estimator solution.

• Implementing the predictive algorithms, pre-processing data and verifying the quality of the data and the predictor.

What was achieved?

• In addition to providing market-competitive prices to their customers, NettiX can use acquired market information and their sales history data to design new data products for their customers.

About NettiX

NettiX (nowadays part of Alma Media) is the market leader of motoring classified marketplaces in Finland, in the amount of adverts and paying customers.

Alma Media is a digital service business and media company. In Finland, their best-known brands include Kauppalehti, Talouselämä, Iltalehti, Etuovi.com, Nettiauto and Nettimoto.