Comparison of wireless data standards. A wide variety of different wireless data technologies exist, some in direct competition with one another, others designed for specific applications. Wireless technologies can be evaluated by a variety of different metrics of which some are described in this entry. Standards can be grouped as follows in increasing range order: Personal Area Network (PAN) systems are intended for short range communication between devices typically controlled by a single person.
Dynamic Pricing. Definition - What does Dynamic Pricing mean? Dynamic pricing is a customer or user billing mode in which the price for a product frequently rotates based on market demand, growth and other trends. It enables setting a cost for software or Web-based product that is highly flexible in nature. Dynamic pricing is also known as real-time pricing.
DEFINITION of 'Competitive Pricing'. Setting the price of a product or service based on what the competition is charging.Competitive pricing is used more often by businesses selling similar products, since services can vary from business to business while the attributes of a product remain similar.REAKING DOWN 'Competitive Pricing'. Businesses have three options when setting the price for a good. They can set it below the competition, at the competition or above the competition.