Dynamic pricing is a pricing structure that changes in real-time in response to market factors such as demand. This type of pricing has been used by the travel industry for many years now (flights and hotel room rates). Can you foresee this type of pricing being adopted by other categories? If so, which ones and why? If not, why not?

Answer rating: 100% (QA)

Dynamic pricing is indeed increasingly being adopted across various sectors owing to its flexibility ... View the full answer