There are several dynamic pricing strategies that entrepreneurs can leverage:
1. Time-Based Pricing: Prices change based on the time of day, week, or season. 2. Segmented Pricing: Different prices for different customer segments. 3. Peak Pricing: Higher prices during high-demand periods. 4. Penetration Pricing: Initially low prices to attract customers, then gradually increasing. 5. Value-Based Pricing: Set prices based on perceived customer value.