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The uptrend in businesses’ use of artificial intelligence (AI) now includes algorithm-based pricing, which is raising concerns about harm to competition. More and more companies have been ...
A market-based pricing strategy is also known as a competition-based strategy. In this pricing strategy, the company will evaluate the prices of similar products that are on the market.
Kamlani said that his company made the shift from dynamic pricing tools to competitor-based pricing tools in the wake of the value wars, which saw an influx in value promotions to get price ...
Competitive advantage means more than having a superior competitor-based pricing strategy, you need to have a better product ultimately – one that customers keep coming back for. Retail electronics – ...
Opinion: Nelson Mullins' Karen Rigberg and Bart Daniel say businesses should focus on reviewing, monitoring, and documenting ...
Target Corp. is ending a long-standing program that matches prices of items with those of competitors, as the big-box retailer looks to simplify its pricing strategy.
Whereas competition-based pricing is when companies set the prices of their products or services after carefully evaluating how competitors are pricing their products.
Dynamic pricing has become a cornerstone of modern ecommerce platforms, which increasingly adjust product prices in real-time based on factors such as demand, competition, seasonality, and even ...
Gartner Exclusive: Develop Pricing for Asset-Based Services That Reflects Customer Value Your email has been sent In this TechRepublic exclusive, Gartner analyst Katie Gove discusses how tech ...