Dynamic Pricing: The Dos and Don’ts

Dynamic pricing is nothing less than the holy grail of e-commerce price management: a dynamic pricing strategy that sets prices based on a predictive algorithm fed with available data. Most e-commerce players are using some sort of algorithmic predictive pricing with great success. However, there are a few pricing truths often forgotten once the data science buffs start taking over the show.

Read the full article: https://www.vocatus.de/dynamic-pricing-the-dos-and-donts/

Photo Credits: Unsplash/Glenn Carstens-Peters

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