• DocumentCode
    3243725
  • Title

    Dynamic pricing for e-commerce, an integrated solution

  • Author

    Marshall, Marc

  • Author_Institution
    Zilliant Inc., Austin, TX, USA
  • fYear
    2001
  • fDate
    2001
  • Firstpage
    192
  • Lastpage
    194
  • Abstract
    Dynamic pricing solutions enable companies to test, develop, and deliver more precise and timely pricing in response to competitive and market conditions. Integrating dynamic price testing with existing e-commerce and sales support systems provides the ability to directly and accurately measure customers´ buying behaviors, relative to different prices and non-price attributes. Using segmentation to optimize the delivery, the results of these tests can be delivered through optimized pricing or promotional strategies, across the full range of online and offline channels, thus supporting near-instantaneous response of the business to changing market conditions and buyer behaviors. Improved pricing using this technology represents a large and untapped opportunity for businesses to improve their profitability. Zilliant´s Dynamic Price Manager product supports the rapid deployment of this technology into existing e-commerce environments
  • Keywords
    Internet; costing; electronic commerce; Dynamic Price Manager; Internet; customer buying behavior; dynamic pricing; e-commerce; market conditions; price testing; promotional strategies; sales support systems; Distortion measurement; Elasticity; Environmental management; Frequency; Information analysis; Marketing and sales; Pricing; Profitability; System testing; Technology management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Advanced Issues of E-Commerce and Web-Based Information Systems, WECWIS 2001, Third International Workshop on.
  • Conference_Location
    San Juan, CA
  • Print_ISBN
    0-7695-1224-0
  • Type

    conf

  • DOI
    10.1109/WECWIS.2001.933923
  • Filename
    933923