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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

Most businesses rely on algorithms to analyze data in real-time and identify trends in customer behavior or market demand. For example, a customer looking for urgent airline tickets to travel to a funeral may log several online searches for specific travel dates—data that can then be factored into price adjustments.

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What is optional product pricing? Definition, examples & our take

ProfitWell

Video games and in-app purchases or DLC - Continuing with the video game trend, many game developers have discovered that if they make the game free and then charge for additional items to be used in the game, then they can make just as much money, or more, than if they'd just sold the game outright. The danger in optional product pricing.

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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

DSO means Days Sales Outstanding and is a metric for measuring the average number of days it takes for a business to collect payment after products or services are rendered. Some platforms enable you to track DSO directly and identify trends like seasonality or whether different industries are more liable to higher DSO than others.

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7 Companies Show you their Customer Experience Strategy

Upscope

7 CX strategy examples Avast cyber security Kone elevators Gusto payroll and HR service Dell computers A US Airport Southwest Airlines Nordstrum Why have a CX Strategy? Listen Gusto publishes a monthly voice pack of the customer including qualitative and quantitative metrics, published to the whole company. How do you execute it?

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The Subscription Model is the New Standard

SaaSOptics

Over time, industries develop key metrics used to help gauge success and progress. Sometimes these metrics are normalizations that enable the markets to compare performance of different businesses. Another example is airline industry analysts use metrics like load factor, yield, and available seat-miles.

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The Subscription Model is the New Standard

SaaSOptics

Over time, industries develop key metrics used to help gauge success and progress. Sometimes these metrics are normalizations that enable the markets to compare performance of different businesses. Another example is airline industry analysts use metrics like load factor, yield, and available seat-miles.

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Product pricing: how to price a product | ProfitWell

ProfitWell

It involves looking at market trends and aligning your pricing accordingly. Research their pricing and positioning strategies: Once you narrow down the list of competitors, dig into their pricing and positioning strategies to build a map of current trends. Ensure you’re using a value metric (what you’re physically charging for).

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