another element of marketing mix is the price.......

Price is the amount a business

charges its customers for its product or service. it is set according to how much a
customer is willing and able to pay to your product or services....

and.... internet influence the price by improving price transparency when we say
price transparency by the word it self transparency or see through nakikita nang
lahat for example sa shopee we can easily determine what are the differet prices of
the product that our competitors offer and ganun din pag si customers it ensures
buyers that there is no price discrimination.... kung ano yung offer sayo ganun din
ang offer nila sa iba

it also influece the price pressure or the changes of the prices some customers
prefer to buy online dahil mas mura dahil kadalasan ang mga nagbebenta sa online
wala silang physical stores kaya mas mababa ang expenses nila kaya bumababa ang
presyo nang product nila compair sa mga physical stores na nagbabayad nang others
utility.

the internet influence dynamic pricing and different pricing methodology

ano ano ba yung mga pricing methodologies natin

for example
Cost-based pricing. Calculating your costs and adding a mark-up to determine the
price

Competitive pricing. Setting a price based on what the competition charges. this
will apply for the price transparency

penetration pricing strategy offering a new product or service at a low initial

price to gain customers' attention.

and naapektuhan ito nang internet dahil sa changes of market through online shops
or platforms.