Andrew Eaton South Africa Effective Strategies for Online Sales: Dynamic Pricing, Bundling, and Discounts with Andrew Eaton In the competitive landscape of online sales, pricing strategies play a pivotal role in influencing consumer behavior and driving conversions. In this blog, we delve into the realm of effective costing strategies for online businesses, exploring the concepts of dynamic pricing, bundling, and discounts. By implementing these strategies strategically, businesses can optimize their pricing models to maximize revenue and increase customer satisfaction. Understanding Dynamic Pricing Dynamic pricing, also known as surge or demand-based pricing, involves adjusting prices in real-time based on various factors such as demand, competition, and market conditions. This flexible approach allows businesses to respond dynamically to changes in supply and demand, optimizing prices to maximize revenue and profit margins. By leveraging data analytics and algorithms with ...