Dynamic Pricing: What Is It and Why Is It a Must on WooCommerce?
This happens often.
You’re looking to book flight tickets online. You make the mistake of not purchasing them right away and *boom* a couple of days or sometimes hours later, the prices have gone up.
Altering prices based on demand or customers is a common strategy that several businesses use to drive sales or maximize profits.
In e-commerce, this is officially known as dynamic pricing.
What Is Dynamic Pricing?
A concept that’s been around for a while. Dynamic pricing is when the price of a product or service is adjusted (increased or decreased) for a specific period of