January 2005
Intermediate to advanced
232 pages
5h 35m
English
Content preview from Smarter Pricing: How to capture more value in your marketBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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How could we set the price?
There is a spectrum of price-setting mechanisms from auction to price list which includes
auction, reverse auction
bi-lateral bargaining
dynamic pricing
fixed price list.
The auction is a mechanism where prospective customers bid for products until one outbids the others. The Dutch auction, or reverse auction, is another form. Here a lot is offered at a high price, which then drops by steps until a buyer bids successfully. The first bidder secures the lot in this model. Bi-lateral bargaining or haggling is another price-setting model. These first-degree discrimination approaches are individual, time-consuming and effort intensive.
With Internet-enabled dynamic pricing, buyers or groups of buyers make binding bids which ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.