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Algorithmic pricing

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Algorithmic pricing is the practice of automatically setting the requested price for items for sale, in order to maximize the seller's profits.

Dynamic pricing algorithms usually rely on one or more of the following data.

See also

References

  1. Cohen, Maxime; Spittle, Tim; Royer, Jimmy (September 16, 2024). "Assessing Algorithmic Versus Generative AI Pricing Tools" (PDF). Retrieved April 8, 2025.
  2. Chen, Le; Mislove, Alan; Wilson, Christo (2016). "An Empirical Analysis of Algorithmic Pricing on Amazon Marketplace". Proceedings of the 25th International Conference on World Wide Web. pp. 1339–1349. doi:10.1145/2872427.2883089. ISBN   9781450341431. S2CID   9570936.
  3. Vanni, Olivia (2016-04-12). "The Truth Behind Pricing Algorithms on Amazon's Marketplace". BostInno. Archived from the original on 2016-04-13. Retrieved 29 June 2016.
  4. Robert Wagner (2013). "What are the principles behind Amazon's algorithmic pricing and what do they achieve?" . Retrieved 29 June 2016.
  5. Douglas Karr. "How to Use Algorithmic Pricing to Maximize Profits". Archived from the original on 1 June 2016. Retrieved 29 June 2016.
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