Flexible pricing models

Flexible pricing models are adaptable strategies businesses use to set prices based on various factors. Instead of a fixed price, these models consider elements like customer demand, market conditions, purchase volume, or customer segmentation. For example, airlines often adjust ticket prices based on when you buy and how full the flight is. Subscription services may offer different plans, while companies might provide discounts for bulk purchases. The goal is to optimize revenue and meet diverse customer needs by dynamically adjusting prices instead of sticking to a single, static rate.