Being one of the most important part of Competitive Price intelligence, Dynamic Pricing is a type of stretegy where various businesses as well as retailers set flexible price to their products as well as services in the market.
Sometimes having different prices across channels may lead to distubed buying behavior.
With Dynamic Pricing, two customers can get 2 different prices for the same products in the same market. GrowByData analyzed the different dynamic pricing strategies and how competitive pricing software can help with understanding the trends, and dynamic pricing strategies.