Dynamic Delivery Pricing. The Buying. com platform will leverage algorithms for optimized order delivery (vid.
11 Jan 2022, 17:45
🎗Dynamic Delivery Pricing🎗
The Buying.com platform will leverage algorithms for optimized order delivery (vid. Section 4) to also dynamically determine pricing. Other factors that will be taken into consideration when determining the price include but are not limited to the type of goods delivered (FMCG or not), the delivery time requested by the consumer, demand forecasting, MOQ level and the driver/micro-distribution node reputation score.🎖
🎗Recommender System🎗
A product recommendation system alerts consumers to furtherprice reductions opportunities. Buying.com has the ability to detect ordering patterns (e.g., locality and seasonality) by using AI and machine learning techniques and recommend to the consumer to join a particular order pool. This has the effect of maximizing the probability of achieving MOQ levels and thus wholesale pricing.🎖