Dynamic pricing is basically that business strategy in which the entities (companies) set up prices for both the product and the services provided by them which are quite flexible in nature. Dynamic pricing isnt always about price slashing (Amazon) or price gouging (Uber). Everything we do is built upon data quality, time to value, global scale, and our Commerce Execution Suite. Been an entrepreneur since schooling days. Less Customer Loyalty If customers become irritated or angry as a result of dynamic pricing, it can damage a company's brand loyalty. What are you waiting for? Dynamic pricing is an essential strategy and one stands to gain a lot in return if implemented well. A market which is subject to continual and rapid change is known as a DYNAMIC MARKET. It is a win-win for Amazon since it doesnt take much for it to implement this on the vast majority of products that it offers. Many prices often could use an increase in price, say if the nearest competitor has a significantly higher price. Dynamic marketing strategies are here to stay. This makes it possible to remain competitive within the market and move inventory faster when needed. Catch up with discussions and presentationsfrom senior officials, and representatives of local government, NHS and industry, covering digitisation, data ethics, and the impact of the jQuery(window).load(function(){if(jQuery('#event-popup-nid').length){var eventId=jQuery('#event-popup-nid').text();jQuery.cookie('eventPageId',eventId);var countCurrentValue=parseInt(jQuery.cookie('countCurrentName'))||1;var combinedValueValue=eventId+'-'+countCurrentValue;var countCurrentValue=parseInt(jQuery.cookie('countCurrentName'))||1;jQuery.cookie('combinedValueName',combinedValueValue);const result=combinedValueValue.split('-');if(result[1]<=3){jQuery('section#block-views-events-popup-block').addClass('show');countCurrentValue=parseInt(result[1])+1;jQuery.cookie('countCurrentName',countCurrentValue);combinedValueValue=eventId+'-'+countCurrentValue;jQuery.cookie('combinedValueName',combinedValueValue);}jQuery('.events-popup-close').click(function(){jQuery('section#block-views-events-popup-block').removeClass('show');});}}); window.onload=function(){jQuery('#vid-container0').empty();var text='