The world is hit by crisis after crisis, and both governments and economies are trying to find adequate answers to current geopolitical events. Although inflation is one of the most used words recently, the answer to the question of how to oppose it still eludes...
Economists would say that demand dictates the price - it’s as simple as that. Apart from economists, the transportation industry has agreed with this statement for years. That’s how a surge pricing strategy kept fueling one debate since the 1950s. Is it foolish to expect fairness in...
Do you happen to have a pulse oximeter at home? If you have it most likely you bought it over the past two years. Correct? The COVID-19 pandemic gave tremendous rise to the market for medical equipment for at-home health monitoring. This rise in demand...
In the era of predatory pricing, price parity comes across as the opposite. Despite having online stores, or planning to open them, many brands are still trying to find the right balance between the online and offline world. That dynamic can be overcome with certain pricing...
Starting from Saturday, May 28th, 2022, businesses will have to fully comply with the EU Omnibus Directive or will be heavily fined. If you sell online, make sure to familiarize yourself and adjust your business in accordance with the updated guidance documents on the Omnibus...
How thoroughly and clearly you understand the concept behind AI and ML, their influence in our daily life, and how important they are for your business. Let’s start from the beginning, AI stands for Artificial Intelligence while ML stands for Machine Learning. Even though our two...
Competitiveness - the word that probably sums up the whole sports industry. However, over the years, the competitive spirit has become present both on and off the sports fields. Hence, it comes as no surprise that dynamic pricing in sports has become a new big...
Let us answer the title question right away - it does affect you. Energy prices keep rising, which has an impact on all of us. If you are not a business owner who is barely managing to match market prices, then you are a consumer...
The eternal struggle of man is what kind of a person is right to be, high-principled and consistent or yet flexible and adaptable. Do you stick with your decisions, whether on a personal or business level or are you the one open to negotiating? We are...
Well, gray is a mixture of white and black, thinking about it in terms of good and bad, assuming white is good and black is bad, we would say that gray is adaptable and changeable according to its shade and to different perspectives. There is an...