Absolutely. myPricing gives you the flexibility to set your pricing strategy based on costs and desired profit margins. This feature allows you to balance competitiveness and profitability for sustainable growth in your e-commerce business. How does myPricing optimize my pricing strategy dynamically? m...
Dynamic pricing software designed for every industry. Leverage AI to optimize prices, boost revenue, and elevate customer satisfaction seamlessly.
Step 1: Assess your price potential.E-commerce pricing has become complex and time-consuming, especially when done manually. Our approach to dynamic pricing helps e-commerce companies not only overcome these pain points but also drive revenue and margin growth (in the short and long term)....
Monitor all the variables, design and automate your advanced pricing model Many different variables affect your company’s sales. Whether your business is an eCommerce, marketplace or a physical store, our AI-based Dynamic Pricing tool, Reactev, can process data on prices, competitors’ ...
Dynamic pricing in e-commerce Our three-step approach to dynamic pricing helps e-commerce companies not only overcome these pain points, but also embark on a journey to drive revenue and margin growth. The journey starts with an outside-in dynamic-pricing assessment and benchmarking. The assessm...
Platformyuming.dym@alibaba-inc.comXingyu WuAlibaba Supply Chain Platformzhuyang.wxy@alibaba-inc.comDecember 2019A BSTRACTIn this paper we present an end-to-end framework for addressing the problem of dynamic pricing(DP) on E-commerce platform using methods based on deep reinforcement learning (DRL...
e-commerce platformdynamic evaluationgame modelpricing strategyWith the continuous development of artificial intelligence technology, its application field has gradually expanded. To further apply the deep reinforcement learning technology to the field of dynamic pricing, we build an intelligent dynamic ...
Pricing StrategyE-Commerce AutomationE-Commerce has developed into a major business arena during the past decade, and many of the sales activities are handled by computers. Intelligent algorithms are being developed to further automate the sales process, which reduces labor costs as well as business...
There are many types of dynamic pricing. The dynamic pricing examples below are among those most commonly used by ecommerce and brick-and-mortar retailers: 1. Time-based pricing Time-based pricing is when a business changes its prices based on demand at different times of the day or y...
Dynamic pricing is a long-term pricing model that can increase the conversion rates of your e-commerce store. You can use A.I applications to offer different prices for the same product to different customers, depending on unique personal factors. Advanced applications should take into account man...