Dyna‑Pricing: Dynamic pricing

Develop by Shopify

$19-$99

/ Month

14 Days Free Trial

Automatic dynamic pricing using AI to maximize your revenue

Automatic price updates

Revenue maximization

Simple interface

Ai-driven pricing

Inventory sell-out

About Dyna‑Pricing: Dynamic pricing

Launched Apr 19, 2021

Built by Shopify

Address

5901 Broken Sound Parkway NW, Suite 100, Boca Raton, FL, 33487, US

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Description

Automatic dynamic pricing to maximize the revenue. AI learns sales data to find the best prices.

Dynamic pricing is an automatic optimization of the price to maximize the revenue according to supply and demand conditions. Dyna-Pricing automatically changes prices based on information such as past order status and sell-by dates. It sells out your inventory by a given deadline to maximize your revenue. It is also intuitive and simple to use; there are no complicated settings.

The price will be adjusted automatically to maximize your revenue.
The AI learns order data to improve the accuracy.
The app sells out your inventory by a given deadline.

Pros

Automatic optimization of prices to maximize revenue according to supply and demand conditions
Adjusts prices automatically using AI based on past order status and sell-by dates
Helps sell out inventory by a given deadline, ensuring efficient stock management
Intuitive and simple to use with no complicated settings required
Learns from order data to continuously improve pricing accuracy

Cons

May rely heavily on accurate data input for optimal performance
Potential learning curve in understanding AI-driven dynamic pricing strategies
Users may need trust in AI decisions for pricing, which might be challenging for some