E-Commerce

E-Commerce Pricing Algorithms, And How They Decide What Is "Best" For Consumers

For those people who have searched for a product on online shopping sites to realize that the price can change a few hours later, they are not alone.

They should know that they have been subjected to the e-commerce site's pricing algorithms.

In a good way, algorithms can sort many things out, making tedious and repetitive task for humans a lot more bearable.

On e-commerce websites, or airlines' websites and hotels, algorithms are doing most of the work rather than human, as automated systems have become ubiquitous on the internet.