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040 _cWelingkar Institute of Management Development & Research, Mumbai
_aWelingkar Institute of Management Development & Research, Mumbai
041 _aENG
082 _a
_bBay
100 _aBaye Michael R
245 _aDashboard for Online Pricing
250 _a1
260 _a
_bFall 2007
_c0
300 _a202-216 Pp.
490 _v50
520 _aThe article discusses strategies for pricing products in the online marketplace. Although many theorists predicted that competition due to the Internet would force prices to level off to marginal cost, known as the law of one price, the experience of Internet retailers has shown that competitive advantages still exist. Strategies for online pricing require companies to consider the costs for clickthrough advertising, and to conduct pricing experiments to determine customer sensitivities to prices. Some pricing innovations discussed include pricing changes during a product's life cycle and temporary price cuts to gain competitive advantage. Several case studies are presented for companies whose prices are listed at the price comparison web site Kelkoo.
650 _aE-Retail, Online Customers, Online Pricing
856 _uhttp://192.168.6.13/libsuite/mm_files/Articles/AR10538.pdf
906 _a31760
999 _c30369
_d30369