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<title>Ask Ghassem - Recent questions tagged dynamic-pricing</title>
<link>https://ask.ghassem.com/tag/dynamic-pricing</link>
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<title>How can you build dynamic pricing model with data only from rigid pricing?</title>
<link>https://ask.ghassem.com/1016/build-dynamic-pricing-model-with-data-only-from-rigid-pricing</link>
<description>I want to build a dynamic pricing model which means if product is too expansive for a client and there is a risk that we might loose a client we lower the price for them but if client doesn&amp;#039;t care that much about the price we might increase price a little.&lt;br /&gt;
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All the articles I&amp;#039;ve seen describe some kind of A/B testing for the pricing and then create a model.&lt;br /&gt;
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I want to build a model only on the existing rigid pricing data. So I have prices offered to customers and I know who bought the product and who went to other company.&lt;br /&gt;
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How can I do the increasing price part?</description>
<category>General</category>
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<pubDate>Fri, 21 Jan 2022 06:44:31 +0000</pubDate>
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