How has the Internet made it easier for companies to use dynamic pricing strategies? Use an example in your explanation
What will be an ideal response?
A dynamic pricing strategy involves easily adjusting prices to meet changes in the marketplace. The cost of changing prices in a brick-and-mortar retail store involves labor, advertising, and materials; the cost of changing prices online is minimal and can also be instant. For example, with the Internet the marketers of rock concert tickets can adjust concert ticket prices on the basis of supply and demand so that a ticket for a certain seat might cost more or less depending on which day the customer logs on to the Internet to make the purchase.
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The inability of the insured to perform some but not all of the important duties of his or her occupation is called
A) residual disability. B) total disability. C) recurrent disability. D) partial disability.
A) statement of a firm's assets, liabilities, and net worth B) measures a firm's revenues, expenses, and earnings for a specific time C) measure of inflation that represents consumer products
D) includes financial statements, a letter summarizing the recent performance, and other company information 30) CPI 31) income statement 32) balance sheet 33) annual report What will be an ideal response?