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Marketing Essay ASAP please.    What is dynamic pricing and when should a company use this strategy? What issues...

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General Management

Marketing Essay ASAP please.
  
What is dynamic pricing and when should a company use thisstrategy?
What issues should marketers anticipate with respect to buyerreactions to price changes ?

Answer & Explanation Solved by verified expert
4.1 Ratings (774 Votes)
Dynamic pricing This category of pricing is determined by customers ability to pay It is also known as demand pricing surgepricing and timebased pricing Firms set flexible prices based on market demands It applies variable prices in place of fixed prices It allows    See Answer
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