OnDemand WTP Pricing Research

Tag: demand based pricing

Ticket Demand for Alabama-Clemson Title Game at All-Time Low | Bloomberg

Ticket Demand for Alabama-Clemson Title Game at All-Time Low | Bloomberg

Demand for tickets to college football’s national title game is at an all-time low, as travel costs and match-up fatigue weigh on fans of both Alabama and Clemson. Prices for tickets to Monday’s College Football Playoff title game at the San Francisco 49ers home in Santa Clara, California, have dropped more than 50 percent since […]

Micro-responses to shocks: Pricing, promotion, and entry | VOX – CEPR Policy Portal

Micro-responses to shocks: Pricing, promotion, and entry | VOX – CEPR Policy Portal

Studying how firms respond to demand shocks can provide useful insights into firm and consumer behaviour, while revealing important implications for market outcomes and for policy decision making. Firms can respond to shocks by adjusting prices (intensive margin) and/or their product mix (extensive margin). These decisions may potentially differ for single- versus multi-product firms, for […]

Newcastle Airport parking: Airport bosses answer your questions after price hike backlash | Chronicle Live

Newcastle Airport parking: Airport bosses answer your questions after price hike backlash | Chronicle Live

The news that Newcastle Airport will double the price to drop off passengers outside the terminal has caused a sizeable backlash. Hiking the charge to £2 for a ten-minute stay in the Express car park is a concern among many of our readers who do not see why the increases are needed. Many have expressed […]

Are budget airlines really charging families to sit with their own children? | NewStatesmanAmerica

Are budget airlines really charging families to sit with their own children? | NewStatesmanAmerica

Are algorithms trying to steal our children? That’s the question at the heart of the latest airline ticket pricing scandal. Are budget airlines trying to squeeze more money out of families by deliberately allocating them seats in separate parts of the plane, then forcing them to pay a fee so that children can be seated […]

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 […]