Build an E-commerce Marketplace with Dynamic Pricing Engine

Traditional e-commerce platforms use fixed pricing, but today’s competition demands smarter, real-time pricing strategies. Dynamic pricing maximizes sales, optimizes margins, and responds to market trends, giving sellers a strong competitive advantage.

Build a multi-vendor e-commerce marketplace where product prices update dynamically based on factors like demand surges, low stock levels, competitor pricing analysis, seasonal patterns, and user behavior. Sellers focus on inventory and fulfillment while the system optimizes revenue automatically.

Sellers upload product listings. The platform tracks product views, sales frequency, inventory, and competitor prices. Based on AI rules and prediction models, product prices increase or decrease automatically to optimize for either conversion rates or profitability.

• Vendors sign up and list products with baseline prices, inventory quantities, and preferred pricing limits.
• Dynamic pricing models adjust product prices automatically based on demand, sales speed, and stock levels.
• Competitor scraping bots fetch similar product prices and adjust vendor prices slightly lower or optimized.
• Buyers browse, add products to cart, check out, and receive digital invoices with dynamic final prices.
• Vendors view real-time dashboards showing stock, dynamic price changes, earnings, and order management.

• Building Dynamic Pricing Engines (Tutorial)
• Web Scraping with Node.js (Cheerio Tutorial)
• MongoDB Schema Design for Multi-Vendor Marketplaces
• Stripe Payments Guide for Marketplaces
• Real-Time Notifications with Pusher
• Building Smart Product Search and Filtering Systems