Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization
Altexsoft
APRIL 24, 2019
It’s commonly applied in various industries, for instance, travel and hospitality, transportation, eCommerce, electricity retailing, entertainment. Pricing tools evaluate a large number of internal (stock or inventory, KPIs, etc.) Would you consider fixed costs, competitor prices, or both? What you gain: Advantages of dynamic pricing.
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