Tag: demand based pricing

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing |  The National Law Review

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing | The National Law Review

On 8 October 2018, the UK Competition and Markets Authority (“CMA”) published a Working Paper on the ‘use of pricing algorithms to facilitate collusion and personalized pricing’ (the “Paper”). It follows a number of other initiatives from competition authorities regarding algorithms, including the recent German Monopolies Commission’s proposals regarding pricing algorithms, which was the subject […]

Disney World changes ticket prices and how to buy them | myAJC

Disney World changes ticket prices and how to buy them | myAJC

Walt Disney World is changing its ticket structure by moving to date-based pricing that reflects the expected demand on specific days. It’s also introducing a new platform on which to make those purchases. The changes and additions, including the price to enter the parks, kick in Oct. 16. At that time, a one-day, one-park ticket […]

How enterprises use dynamic pricing algorithms with AI, CRM | Tech Target

How enterprises use dynamic pricing algorithms with AI, CRM | Tech Target

Dynamic pricing, a strategy in which prices for things like hotel rooms, airline tickets, computer hardware and basically anything on Amazon change minute by minute, has been around for years. What’s new is AI-assisted dynamic pricing algorithms hard-wired into CRM platforms, giving Salesforce and Microsoft Dynamics users the ability to automate real-time pricing according to […]

Parking meter surge pricing around Wrigley Field for games and concerts to end this year | Chicago Tribune

Parking meter surge pricing around Wrigley Field for games and concerts to end this year | Chicago Tribune

A two-year experiment on raising parking meter prices around Wrigley Field during Cubs games and concerts will end this year, Wrigleyville’s alderman said Monday. Ald. Tom Tunney, 44th, said local businesses were tired of being the only ones in the city where “surge pricing” was in place. He said he will stop the program at […]

‘They might get more tickets:’ Some concerned after passage of proposal to raise parking rates | FOX6 Now

‘They might get more tickets:’ Some concerned after passage of proposal to raise parking rates | FOX6 Now

“There’s going to be surge pricing, where you could be paying a lot more than what you’ve paid before. I voted against it. I’m strongly opposed to it,” said Alderman Tony Zielinski. Alderman Zielinski, who is running for mayor, said he believes close to $2 million of additional revenue expected will be used to fund […]

Raising Prices While Retaining Customers | Business News Daily

Raising Prices While Retaining Customers | Business News Daily

Every company wants loyal customers, but it’s not always easy to retain them, especially when making necessary yet major changes to your brand. For instance, when you’ve decided that to make a profit you need to raise your prices, you probably know your buyers won’t be pleased. You might face backlash from consumers, but you […]

NFL is hurting itself with broadcasting rules cutting away from overtimes | Touchdown Wire

NFL is hurting itself with broadcasting rules cutting away from overtimes | Touchdown Wire

The real problem lies in the fact that viewers are starting to get a bit peeved. They aren’t going to invest their time in a game that doesn’t involve their hometown team if they know there’s a chance they won’t get to see the ending. That will drive viewers away from watching the game — […]

Hoboken City Council still yet to vote on measures to increase parking rates | Hudson County View

Hoboken City Council still yet to vote on measures to increase parking rates | Hudson County View

For example, currently a fine for parking at a bus stop is $53, but would significantly increase to a fine of $98. Similarly, the fine for parking of commercial vehicles overnight would significantly increase from the current penalty of $75 to $105. Among some others, fines would increase also for “prohibited parking at all times,” […]

Disney’s New Pricing Strategy Meets Mixed Feelings | GET

Disney’s New Pricing Strategy Meets Mixed Feelings | GET

A new pricing system at Disney is being met with mixed reactions. Insiders were already on alert when Disney announced that it would be introducing seasonal pricing two years ago. That move used a demand-based system to set the cost for one-day tickets at Disney parks. Many believed that seasonal pricing was merely making way […]

Park City Parking Just $1 For Shoulder Season | KPCW

Park City Parking Just $1 For Shoulder Season | KPCW

“When council decided to adopt this parking program it was not only to try and manage demand in peak seasons and high volume, but it was also to contribute towards councils’ critical priorities of reducing greenhouse gas emissions and single occupancy.” Smooth said, “These all go towards energy and transportation, those are the two critical […]