How does dynamic pricing work for e-commerce retailers? How to apply that approach?

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Dynamic pricing becomes a popular subject for e-commerce retailers. In order to compete better with competitors and retail giants, retailers are starting to use dynamic pricing through different solutions.
So, what are the ways? How does dynamic pricing work for e-commerce retailers?
#apply #approach #dynamic #ecommerce #pricing #retailers #work
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  • You can set prices and discounts for customer groups in Prestashop. Also you can set dynamic price based on dates.

    Many ecommerce software allow you to set dynamic pricing

    Have you tried it?
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    • Profile picture of the author tropicalpet
      Thanks Lyn for your answer.

      Actually I am trying to find the right software to set dynamic pricing.

      So far I've tested Prisync and experienced promising results. The software provides a smart price generator to respond every move of your competitor.
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