eCommerce is constantly growing, and consumers are paying more attention to price than ever. Companies need to adopt innovative approaches to remain competitive.
By 2027, it is estimated that eCommerce will account for 23% of retail sales worldwide. This highlights the importance of being prepared for this growing trend. 49% of users choose by price. During promotions such as Black Friday, 80% of users admit to spending over an hour searching for the best deals.
Price optimization becomes essential to attract consumer attention and stay relevant in the market. This is where Dynamic Pricing comes into play, a strategy powered by artificial intelligence that delivers several key benefits to your business.
Find out how Dynamic Pricing can benefit you and your online sales strategy.
Download the Ultimate Guide to Dynamic Pricing