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Dynamic Pricing is widely adopted by online stores across the world. It is observed to be more effective in improving your sales numbers as well as customer satisfaction. Dynamic pricing is a strategy where you create adjustments on your product prices based on different parameters. We will discuss how you can set up Dynamic Pricing on your WooCommerce-powered online store. The simple demand-supply model of dynamic pricing may not work for all kinds of products sold by stores. Customers are always looking for the best available price, and if you are able to consistently provide that, you will attract a lot more customers.