The Product Experience cover image

Getting started with dynamic pricing - Vishal Kapoor on The Product Experience

The Product Experience

00:00

How to Build a Dynamic Pricing Model

We've moved from that static pricing model that inflexible pricing model into first into machine learning. We wanted to pay on the principle that we would pay on what we think is the time to shop in order. In fact, I'll see this last thing with this one thing: The same order at a different time on Monday morning is generally how it's going to be delivered. Now the prices are dynamic because they depend on all these different factors. So if you're looking for an online grocery store and want your groceries delivered right away, there may be times when people don't feel like getting out of their car or not wanting to wait until after 9 p.m. For example,

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app