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Idea from Mia Lewis

Title

Understanding Dynamic Pricing

Summary

In the new age of eCommerce, dynamic pricing is a pricing strategy where the prices of products are continuously adjusted in response to real-time supply and demand. Dynamic pricing enables businesses to have greater control of pricing strategies with real-time access to pricing trends. By using dynamic pricing, businesses can view competitors’ pricing changes and have a better understanding of the supply and demand of products across the industry.

Author

Mia Lewis