3 ms·
Dynamic pricing has to do with actively fluctuating price point depending on varying criteria and can be an increase or decrease. Surge pricing, as the definit
by passwordoops 3y ago
Dynamic pricing has to do with actively fluctuating price point depending on varying criteria and can be an increase or decrease.
Surge pricing, as the definition of "surge" suggests (1), is a subcategory of dynamic pricing where the price is increased in response to higher demand.
(1) https://dictionary.cambridge.org/us/dictionary/english/surge https://dictionary.cambridge.org/us/dictionary/english/surge
- bryanlarsen 3y ago"A sudden and great increase" may or may not be unexpected. So surge pricing doesn't need to be dynamic if the surges are predictable.