Dynamic Pricing Strategy Research

Dynamic Pricing Strategy Research involves analyzing how prices for products or services can change in real-time based on various factors such as demand, competition, and market trends. This approach allows businesses to adjust prices to maximize revenue, attract customers, or respond to market conditions. For example, airline tickets can cost different amounts at different times based on how many seats are left and when the flight is scheduled. Conducting this research helps companies understand customer behavior and optimize their pricing for better profitability and market competitiveness.