Summary: AI helps price products competitively without sacrificing margin.
Problem: Manual pricing adjustments lag behind market trends.
Solution: AI analyzes competitor prices, demand elasticity, and seasonality to suggest optimal pricing.
Comparison:
- Static pricing: lost revenue
- Manual adjustments: slow
- AI optimization: responsive and data-driven
Actionable Recommendation: Use AI to simulate pricing scenarios for top-selling products and implement adjustments weekly.