Which dynamic pricing model estimates how much each product affects consumer price perception, using actual market data?
A) long-tail model
B) omnichannel model
C) KVI model
D) competitive-response model

Question

Quizplus · Accepted Answer

The KVI (Key Value Item) model estimates how much each product affects consumer price perception, using actual market data. The other models mentioned (long-tail, omnichannel, and competitive-response) do not directly deal with estimating consumer price perception based on market data.

Which Dynamic Pricing Model Estimates How Much Each Product Affects