Dynamic Pricing Task

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A Dynamic Pricing Task is a price determination task that is a dynamic task.



References

2016

  • (Wikipedia, 2016) ⇒ https://en.wikipedia.org/wiki/dynamic_pricing Retrieved:2016-7-17.
    • Dynamic pricing, also referred to as surge pricing or demand pricing, is a pricing strategy in which businesses set flexible prices for products or services based on current market demands. [1] Business are able to change prices based on algorithms that take into account competitor pricing, supply and demand, and other external factors in the market. [2] Dynamic pricing is a common practice in several industries such as hospitality, travel, entertainment, and retail. Each industry takes a slightly different approach to repricing based on its needs and the demand for the product.
  1. "Dynamic Pricing definition". WhatIs.com. Retrieved April 1, 2014.
  2. Arie Shpanya (2014)"Why Dynamic Pricing is a Must for eCommerce Retailers"

2015

2010