Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization
Altexsoft
APRIL 24, 2019
According to Yigit Kocak of Prisync , the three most common of them are cost-based, competitor-based , and demand-based methods. Cost-based pricing “ adjusts prices dynamically according to business costs and keeps profit margins on a certain level.”. Would you consider fixed costs, competitor prices, or both?
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