Optimize pricing strategies through AI-based dynamic pricing
3 min readMar 28, 2024
By tapping into the power of AI for dynamic pricing, we’re essentially letting smart algorithms crunch numbers from different data sources. This way, prices get adjusted on-the-fly to keep businesses competitive while also aiming to boost their revenue. It’s like having a super-smart assistant who knows exactly when to make things cheaper or pricier! Here’s a step-by-step guide on how to implement AI-based dynamic pricing for your business:
- Data Collection : Aggregate data from a variety of sources, including historical sales…