Study of the implementation of dynamic pricing in a company with a recurring revenue model through customer segmentation
DOI:
https://doi.org/10.5585/exactaep.2021.16754Keywords:
Dynamic pricing, Strategic planning, Customer segmentation, Recurring revenue model.Abstract
The formation of the price of products and services is a strategic decision for organizations. The price decision process involves a series of complex and interconnected variables, which must be understood as a management tool. In this context, this article seeks to reveal the need to subordinate pricing to strategic objectives and to suggest a dynamic pricing application for a communication company through customer segmentation, since the company uses superficial and unjustified price management practices. Thus, in addition to losing quality in the decision-making process, its price application model is outdated in relation to the dynamism required by the market. This research is based on literary review and the real application of the most appropriate pricing strategy to the company's case. The results reveal the advantages of price management based on strategic planning.Downloads
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