Dynamic
Pricing Model
Dynamic Pricing with Business Rules Engine
Automating and customizing the pricing process with precision and speed
Dynamic pricing is the cornerstone of modern business strategies, allowing companies to adjust prices in real-time based on multiple factors such as customer behavior, market trends, or external conditions.
A Business Rules Engine (BRE) like Higson, dynamic pricing becomes more efficient:
Customizable Rules: Tailor pricing algorithms to meet your specificbusiness needs using intuitive rule management.
Real-Time Adjustments:Instantly update prices inresponse to changing market conditions or customer data.
Advanced Configuration:Use decision tables for complexpricing scenarios.
Empowered Business Users:Business teams can directly manageand update pricing rules without relying on IT, ensuring agility.
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