K. (2022). The threshold-crossing effect: Just-below pricing discourages consumers to upgrade. Journal of Consumer Research, 48(6), 1096–1112. Article Google Scholar Kostyra, D. S., Reiner, J., Natter, M., & Klapper, D. (2016). Decomposing the effects of online customer reviews on...
A lower price can lead to more positive reviews and improve the utility, but it may reduce the profit. The model gives the optimal pricing strategy for the e-tailor in a duopoly market competing with an offline retailor. The analytical results show with the increase of online reviews, the ...
Step 2: Prototype and build your dynamic-pricing capability.To validate the opportunity, we build a proof of concept using established capabilities and tools. With the help of internal and external data, we work with your team to implement the minimum viable version that’s suited to your...
Pricing for Prisync Choose the service that fits you best. Try any plan free for 14 days. Cancel anytime. No credit card required. URL Based Competitor Monitoring allows you to add competitor URLs one by one or simply in bulk per product....
If you’re looking for a way to offer complex pricing structures in your WooCommerce store, get started with Dynamic Pricing, Cart Discounts and Checkout Rules today!For instance, you can create a discount that decreases the product price in the following ways:...
An increasing number of strong-brand and weak-brand retailers have started their multi-channel retailing mode with the development of the platform economy. They need new insights into the pricing strategies of their online and traditional stores in a more intensive competition environment (uniform pric...
With the application of online booking technology in the spot market of container liner shipping, dynamic pricing is considered an important tool and development trend to balance container shipping supply and demand from the spot market. This study examines the dynamic pricing and competition of contai...
McKinsey: Speaking of consumer perception, can dynamic pricing help with personalization? In other words, should online retailers offer every customer a different price for each SKU? Seth Moore: I recommend keeping base prices consistent so that consumers don’t feel...
This paper studies dynamic channel control and pricing of a single perishable product distributed through multiple channels with the objective of maximizing the total expected profit over a finite horizon. We consider two types of commissions, namely proportional and fixed commissions, on the third-part...
By using regression analysis, this paper investigates how the effects of time-varying types of DR on households’ electricity consumption change according to household attributes. With a focus on household income, daytime conditions, consumer electrical.