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Dynamic Pricing – What should you do if your competitors change prices every hour — or even every minute? | Upstream Commerce

Editor’s Note: We recently received some great questions on our Competitive Pricing For Online Retail LinkedIn Group Site — worth sharing with our wider audience. Questions such as: 1. What should you do if your competitors change prices every hour or even every minute (i.e. dynamic pricing)? 2. When performing competitive intelligence, how can you ensure apples-to-apples matching in soft categories? 3. Do retailers that carry unique products need this solution? 4. What happens in omni-channel business where price zoning is involved? 5. What are the key features you look for in pricing intelligence tools?  See the insightful answers from seasoned retail intelligence veteran, Amos Peleg, CEO and co-founder of Upstream Commerce.   

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Dynamic Pricing – What should you do if your competitors change prices every hour — or even every minute?.

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