This is both a selling and a purchasing strategy. When selling products, time based means that the product sell price will be reduced in time. Every month the product remains unsold, its price will be reduced by a certain percentage. When purchasing products, time based means that the price may increase as time goes by. For every month the product is not purchased, the offer price will increase by a certain percentage.
Simcountry Dictionary
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This is both a selling and a purchasing strategy. When selling products, time based means that the product sell price will be reduced in time. Every month the product remains unsold, its price will be reduced by a certain percentage. When purchasing products, time based means that the price may increase as time goes by. For every month the product is not purchased, the offer price will increase by a certain percentage.
