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Dynamic Pricing Essays

Dynamic Pricing, Price Optimization and Predicting Customer Churn

1.0 Introduction Dynamic pricing, price optimization, and predicting customer churn are all methods used by businesses to maximize their profits and increase customer loyalty. Dynamic pricing is a pricing strategy where prices are adjusted based on market demand and other factors. Price optimization is the process of analyzing pricing data to determine the best pricing ... Read More
Pages: 12       Words: 3215

Auctions and Dynamic Pricing

English versus Dutch Auctions In an English auction, buyers compete openly to outbid one another in order to purchase real estate. Bids are continually raised, and the item is sold to the highest bidder. It is also possible to conduct a Dutch auction, which is descending and includes auctioning with prices reducing and selling the ... Read More
Pages: 10       Words: 2494
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