dynamic pricing

English

Noun

dynamic pricing (uncountable)

  1. A pricing strategy in which businesses set flexible prices for products or services based on current market demands.
    Synonym: surge pricing
    • 2024 April 16, Christopher Beam, “Welcome to Pricing Hell”, in Jeffrey Goldberg, editor, The Atlantic‎[1], Washington, D.C.: The Atlantic Monthly Group, →ISSN, →OCLC, archived from the original on 7 May 2026:
      Dynamic pricing is hardly new. Airlines have been charging flexible fares for decades. Prices on Amazon change millions of times a day. […] One survey showed that half of customers think of dynamic pricing as price gouging; surge pricing in rideshare apps leads to more customer complaints; and polls show that shoppers are worried about companies collecting their data to shape prices.

Further reading

This page is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.