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Post by account_disabled on Dec 27, 2023 8:46:12 GMT
This is Intended to Ensure That Those Who Urgently Need a Vehicle Can Get It Even if Demand is Unusually High. Dynamic Pricing: Areas of Application and Advantages With Dynamic Pricing You Can React in Real Time to Current Demand and the Market Situation. The Prices for Goods and Services Are Automatically Optimized by Algorithms, So You Don't Have to Deal With Them Yourself Every Day. This Gives You the Opportunity to Offer Your Customers Individual Prices Through Your Pricing Strategy and Convince Them to Make a Purchase . This Allows You to Generate an Increase in Sales . It Therefore Makes C Level Contact List Sense to Use Dynamic Pricing, Especially in Markets With Highly Fluctuating Raw Material Prices, a Lot of Competition and Demand With High Price Elasticity . Can Dynamic Pricing Be Avoided? Some Customers Try to Circumvent Dynamic Pricing Using Various Strategies. Some People Shop Specifically at Times When Demand is Low. Others Use Different Mobile Devices Because These Are Used by the Algorithms as a Criterion for Determining a Person's Willingness to Pay. Still Others Observe the Market and Compare Numerous Offers Before Making a Purchase Decision. Last but Not Least, Many People Also Use Bonus Promotions, Discounts and Vouchers to Get Cheaper Prices. For Companies, This Behavior Often Has the Same Sales Promotion Effect as Discount Campaigns: Since They Have the Feeling That They Are Saving Money by Bypassing Dynamic Pricing.
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