Businesses that take the time to know their customers and understand their buying habits position themselves to increase profits through price manipulations.
Online retailers need to upgrade their business practices and automate processes so that they can react to and meet changes in both demand and competition.
With the future of offline retail seriously in doubt, it’s time for omnichannel retailers to increase their online efforts, and change the way they do business
Amazon, Facebook, and eBay have all taken steps to fight the rising price of hand sanitizers and face masks, two weapons in the battle against coronavirus.
For sophisticated retailers and eCommerce merchants, product pricing is a delicate tool used to both encourage customers to shop and generate profits.
Circumstances where a limited lowest price strategy can be successful.
As the man responsible for corporate cash flow and financial planning, many CFOs are skeptical when it comes to dynamic pricing.
There’s really just one problem with using the data. It’s hard to know what to do with it.
Retailers who forego dynamic pricing engines, and simply go with their gut, there’s one easy way to know if they were on target with their pricing
Dynamic pricing is essentially a full-scale digital transformation that impacts a business’ most sensitive data point – its prices
