‘Why dynamic pricing is a must for ecommerce retailers’ – ‘Econsultancy’ Blog
Arie Shpanya says, “Dynamic pricing is a pricing strategy in which prices change in response to real-time supply and demand.
While this isn’t a brand new pricing strategy, (American Airlines first introduced it in the early 80’s) it is currently taking ecommerce by storm.
Dynamic pricing allows retailers to remain competitive with 24/7 price monitoring and changes, boosting profits by 25% on average”.
Comments are closed.
