"Can someone explain how is dynamic pricing an advantage in today's market?"
Hey guys, I keep hearing about dynamic pricing but don’t fully get it. Like, how is dynamic pricing an advantage for both businesses *and* customers?
From what I know, it helps companies adjust prices based on demand, so they don’t lose money when stuff isn’t selling. But also, customers can snag deals when demand’s low, right?
Kinda like how Uber charges more during rush hour but less at 3am. Seems fair-ish? Or am I missing something?
Would love to hear real-world examples or if y’all think it’s actually better than fixed pricing. Thx!
*(Also, sorry for typos, typing this on my phone lol)*
Hey guys, I keep hearing about dynamic pricing but don’t fully get it. Like, how is dynamic pricing an advantage for both businesses *and* customers?
From what I know, it helps companies adjust prices based on demand, so they don’t lose money when stuff isn’t selling. But also, customers can snag deals when demand’s low, right?
Kinda like how Uber charges more during rush hour but less at 3am. Seems fair-ish? Or am I missing something?
Would love to hear real-world examples or if y’all think it’s actually better than fixed pricing. Thx!
*(Also, sorry for typos, typing this on my phone lol)*