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Friday, July 17, 2015

How Often Should Prices be Changed Online?

HBR article on the frequency of price changes.  " ... Today’s technologies allow digital businesses (as well as a growing roster of traditional companies) to change prices frequently, even minute-by-minute in real time if they want to. It is not unusual for prices to change on sites like Amazon, Expedia, and Priceline several times a day. But managers are struggling to understand these tactics. How often should companies really change their prices? .. " 

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