MIT Sloan Management Review

Managerial Economics, Marketing

 

How Dynamic Pricing Leads to Higher Profits

By Arvind Sahay

July 1, 2007

More and more companies are now able to change their prices in real time to capture the full possible value of goods and services. Here’s how to do dynamic pricing right.

Sun Microsystems Inc. chairman Scott McNealy forecast that “With recent advances in wireless and information technology, even our cars could … call for bids whenever the fuel tank runs low, displaying a list of results from nearby gas stations right on the... To read the complete article, login or sign-up using the form below.
 
 

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