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  Published Paper Details:

  Paper Title

A EMPIRICAL STUDY ON DYNAMIC PRICING IN BUSINESS

  Authors

  Ms Anupam Pareek,  Deepak Kumar Verma,  Pratham Arora

  Keywords

Demand, Price fluctuations, dynamic pricing, customer satisfaction, market competition

  Abstract


Value is more expensive than price" the beautiful quote written by Toba Beta. This quote implies on current situation of economy of the world the price changing, value changing of any product in the market. Is it going in a positive way? Various pros and cons are available for this particular thing. Dynamic nature of E-commerce produced a flexible change now in the market, But the question is what is dynamic pricing? so the DYANMIC PRICING is the dynamic adjustment of prices based upon the value of the product that the customer approaches it. In simple words to change the prices of goods and services on the basis of the customer demands. After research in this article, it clarifies the different price of the products in the current market. This study provides that it is good or bad for market mainly pros and cons such as higher profit and sales, Flexibility, adjustment in this market competition, customer dissatisfaction and price fluctuations. This research defines that how Business keeps dynamic price of the product. This study provides some methods, types, findings and practical implication of the dynamic Pricing. This research also discuss that how dynamic pricing is useful for Business.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2204242

  Paper ID - 217978

  Page Number(s) - c130-c134

  Pubished in - Volume 10 | Issue 4 | April 2022

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Ms Anupam Pareek,  Deepak Kumar Verma,  Pratham Arora,   "A EMPIRICAL STUDY ON DYNAMIC PRICING IN BUSINESS", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.10, Issue 4, pp.c130-c134, April 2022, Available at :http://www.ijcrt.org/papers/IJCRT2204242.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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