Gourville, John T., and Jonathan J. Koehler. "Downsizing Price Increases: A Greater Sensitivity to Price Than Quantity in Consumer Markets." Harvard Business School Working Paper, No. 04-042, March ...
The iconic chocolate maker is facing an increasingly tough environment, marked by rising commodity costs and shifting consumer behavior ... caused by high cocoa prices and a budget-conscious ...
AI has emerged as a critical tool for implementing dynamic pricing strategies, enabling businesses to adjust prices in real-time based on market demand, consumer behavior, and other external factors.