The dynamic pricing model is a pricing system that consists in selling a product or service at different rates to different groups of people. This model gives businesses more control over their pricing strategies as well as helps save costs in the long run.
Although dynamic pricing is a highly efficient approach, it is quite challenging to handle all the processes manually, since dynamic price management means 24/7 real time market analysis. However, you can streamline this task with the help of the right dynamic pricing software. An advanced dynamic pricing tool can automate the entire process and provide you with the precise data from reliable data sources, which you can utilize for price setting.
Dynamic pricing management software is especially helpful in managing products with fluctuating demand. Maxify is dynamic pricing management software that focuses on real estate price optimization. Its major goal is your revenue and profit growth with the assistance of artificial intelligence.
Twenty large development companies took part in the research which we conducted from 2017 to 2020 in order to test our automated pricing tool. The results exceeded our expectations — we saw that mathematical models based on consumer psychology had an immense potential of growing developers’ revenue and profit.
We found five key opportunities for developers to earn more with the help of automated price optimization management, and made them the backbone of Maxify algorithms.
Our smart dynamic pricing engine sets basic prices with a high level of differentiation.
Maxify automatically recalculates the cost of each individual apartment with the set frequency and pre-selected triggers.
Maxify dynamic pricing software exchanges price and sales data with the developer accounting systems through API.
The tool provides clear and comprehensive visualisation of the asset value and revaluation results.
Our high-performance dynamic pricing platform can save you thousands of hours and drive millions of dollars additional profit.
Dynamic pricing model powered by price management software offers a range of substantial benefits to your business. With Maxify, you get:
