Dynamic Pricing with AI for Enhanced Food Delivery Optimization
Dynamic pricing is a strategy where product or service prices adjust in real-time based on supply, demand, competition, and market conditions. Advances in AI, ML, and data analytics have transformed this approach, allowing businesses to optimize prices automatically, maximize revenue, and improve customer experiences. This review examines the evolution, applications, challenges, and future of AI-driven dynamic pricing across industries.
Authors
- Saif Nasir Banekar -
- Rohan Sujit Pawar -
Publication Details
- Journal
- International Journal on Science and Technology
- Published
- 2025-03-13
- DOI
- https://doi.org/10.71097/ijsat.v16.i1.2431
- Primary Topic
- Consumer Retail Behavior Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00