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Showing posts with label Dynamic Pricing. Show all posts
Showing posts with label Dynamic Pricing. Show all posts

Thursday, September 6, 2012

Coming Soon: Toilet Paper Priced Like Airline Tickets

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The fast-moving Internet pricing games used by airlines and hotels are now moving deeper into the most mundane nooks of the consumer economy.

Deploying a new generation of algorithms, retailers are changing the price of products from toilet paper to bicycles on an hour-by-hour and sometimes minute-by-minute basis.