Adaptive Pricing E-Commerce Strategy Improvement Presentation

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Updated: Apr 27th, 2024

Customers Personalization

  • Customers’ personalization platform based on online activity.

“Browsing data, booking data, flying data” (Lu et al. 446).

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  • Big data platform for storage and analyzing.
  • Identification algorithm to determine the customers’ interests.

The personalizing system optimizes the search (Adajiand Vassileva, 107).

  • An optimized search contributes to positive experience.
  • Positive customers’ experience means customers’ loyalty.

Customers Personalization

New Distribution Capability (NDS) Standardization

  • The personalization requires transparent information transmission.
  • The NDS standard optimizes data transfer.

“Communications between airlines and travel agents” (“The NDC program”).

  • The NDS standardization integrates into airline conglomerate.
  • It allows tracking of competitors’ offers.
  • Tracking allows effectively adapting its own prices.
  • Favorable adaptive prices and offers attract customers.

New Distribution Capability (NDS) Standardization

Adaptive or Dynamic Pricing

  • Real-time data contributes to a dynamic pricing.

Dynamic pricing is crucial for airline e-commerce (Fiig et al. 381).

  • It balances customer capabilities and airline needs.
  • Dynamic pricing enables sectorial offers, prices.
  • Sectorial pricing divided by different customers’ incomes.
  • It provides affordable services to social strata.
  • It means the potential customers’ greater reach.

Adaptive or Dynamic Pricing

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Artificial Intelligence (AI) and Neural Networks Integration

  • Dynamic pricing data requires fast analysis.
  • AI and neural networks can provide it.

Neural networks positively affect customer experience (Prasad et al. 1).

  • They also track minor market patterns.
  • It allows predicting market and pricing changes.
  • It contributes to greater financial benefits.

Artificial Intelligence (AI) and Neural Networks Integration

Continuous Localization

  • Standardization and personalization mean a growing audience.
  • Etihad Airlines translated into most languages.
  • However, some language adaptations contain errors.

The presence of e-commerce localization errors (Wu 2).

  • Neural networks analyze and correct the text.
  • Proper translation makes the website more attractive.

Continuous Localization

Customer’ Information from Social Networks

  • AI and neural networks analyze customers’ profiles.
  • It provides information on customer preferences.
  • It means a successful prediction of offers.

Neural networks successfully predict social phenomena (Liu et al. 1).

  • It means a more friendly range of services.
  • Customers often prefer a friendly interface.

Customer’ Information from Social Networks

Works Cited

Adaji, Ifeoma, and Julita Vassileva. “Evaluating Personalization and Persuasion in E-Commerce.” PPT@PERSUASIVE, 2016, pp. 107-113.

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Fiig, Thomas, Remy Le Guen, and Mathilde Gauchet. “Dynamic pricing of airline offers.” Journal of Revenue and Pricing Management, vol. 17, no. 6, 2018, pp. 381-393.

Liu, Qun, et al. “Social Relationship Prediction across Networks Using Tri-training BP Neural Networks.” Neurocomputing, 2020.

Lu, Chun, Wen-Hui Qiu, and Xue-Long Cheng. “Research on Aviation Big Data and E-commerce Applications.” International Conference on Electronic, Control, Automation and Mechanical Engineering (ECAME 2017), 2017, pp. 446-450.

“New Distribution Capability.” 2020. Web.

Prasad Majumder, Bodhisattwa, et al. “Deep Recurrent Neural Networks for Product Attribute Extraction in eCommerce.” Cornell University. 2019. Web.

Wu, Frances Man Hin. Airline e-commerce globalization competitiveness: localization error analysis of 23 American and European airline websites. Dissertation, University of Limerick, 2017.

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IvyPanda. (2024, April 27). Adaptive Pricing E-Commerce Strategy Improvement. https://ivypanda.com/essays/adaptive-pricing-e-commerce-strategy-improvement/

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"Adaptive Pricing E-Commerce Strategy Improvement." IvyPanda, 27 Apr. 2024, ivypanda.com/essays/adaptive-pricing-e-commerce-strategy-improvement/.

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IvyPanda. (2024) 'Adaptive Pricing E-Commerce Strategy Improvement'. 27 April.

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IvyPanda. 2024. "Adaptive Pricing E-Commerce Strategy Improvement." April 27, 2024. https://ivypanda.com/essays/adaptive-pricing-e-commerce-strategy-improvement/.

1. IvyPanda. "Adaptive Pricing E-Commerce Strategy Improvement." April 27, 2024. https://ivypanda.com/essays/adaptive-pricing-e-commerce-strategy-improvement/.


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IvyPanda. "Adaptive Pricing E-Commerce Strategy Improvement." April 27, 2024. https://ivypanda.com/essays/adaptive-pricing-e-commerce-strategy-improvement/.

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