The practice of varying the price for a product or service to reflect changing market conditions, in particular the charging of a higher price at a time of greater demand.
Example sentencesExamples
They do customer segment dynamic pricing to increase customer loyalty.
Demand will be better controlled by dynamic pricing, and the utility may just be able to forego building that $2 billion power plant they've been planning.
PC vendors are planning to introduce dynamic pricing to shift inventory online.
Later on more dynamic pricing comes into place to maximize revenue on existing production capacity.
If you combine an environment of dynamic pricing with global price transparency, that's going to force an awful lot of change in cost structures and distribution systems.
Definition of dynamic pricing in US English:
dynamic pricing
noun
The practice of varying the price for a product or service to reflect changing market conditions, in particular the charging of a higher price at a time of greater demand.
Example sentencesExamples
Later on more dynamic pricing comes into place to maximize revenue on existing production capacity.
If you combine an environment of dynamic pricing with global price transparency, that's going to force an awful lot of change in cost structures and distribution systems.
PC vendors are planning to introduce dynamic pricing to shift inventory online.
They do customer segment dynamic pricing to increase customer loyalty.
Demand will be better controlled by dynamic pricing, and the utility may just be able to forego building that $2 billion power plant they've been planning.