Dynamic Pricing: Why E-Commerce Stores Should Use

Unlike standard static pricing, dynamic pricing is a responsive pricing strategy whereby businesses make the cost of their goods or services flexible according to market demands. Thanks to around-the-clock price monitoring, eCommerce businesses are adopting dynamic pricing in droves—and watching their bottom-line soar as a result. In this article, we’ll unpack exactly what dynamic pricing …

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Dynamic Pricing: Advantages & Disadvantages, And Future of E-commerce

Dynamic pricing is a type of price discrimination that will dominate nearly all industries in the near future. The pioneers of this strategy in the e-commerce industry invested heavily in dynamic pricing engines and gained a significant competitive advantage. Now, SMBs can benefit from dynamic pricing with the help of its software service and with …

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