Product Pricing with Time, Place, and Demand Dynamics and Equation
Abstract
Multi-Factor Pricing Equation In real-world markets, product prices and sales outcomes are not determined by a single variable, but by the joint interaction of product characteristics, demand intensity, spatial location, and time dynamics. Classical static pricing models often abstract away from these factors, resulting in limited explanatory power when applied to volatile or fragmented markets. To capture this complexity, product sales value is modeled as a multi-factor function: S=(A,B,C,D)×Bh×Ph×ΔL/Δt Where: · S = Sales value over a given period · (A,B,C,D) = Product category vector (e.g., regular, premium, seasonal, irregular goods) · Bh = Buyer demand intensity (effective demand) · Ph = Price variation factor reflecting market conditions · ΔL = Spatial change (location, distance, or market access) · Δt = Time or season interval This formulation reflects the principle that sales outcomes depend on the synchronization of product availability, consumer demand, spatial access, and temporal alignment, rather than on nominal pricing alone. Please check the attachment for details
Fields of Study & Subjects
Consumer Market Behavior and Pricing
Economics of Agriculture and Food Markets
Innovation Diffusion and Forecasting
Publication details
- Journal / source
- Zenodo (CERN European Organization for Nuclear Research)
- Publication date
- 6 January 2026