OnDemand WTP Pricing Research

Tag: demand based pricing

Travel Industry Leverages AI in Most Entrancing Ways for Advanced Customer Experience | Analytics Insight

Travel Industry Leverages AI in Most Entrancing Ways for Advanced Customer Experience | Analytics Insight

The adoption of new-age technologies such as Big Data, Analytics, AI, Machine Learning and others, has accelerated the growth of travel sales at digital plethora in the past few years. Out of all the technologies, big data and machine learning play a significantly important role in driving success to the business. Reportedly, in 2016 alone, […]

Live! Tonight! Sold Out! – Lessons from FTC’s Online Event Tickets Workshop | Lexology

Live! Tonight! Sold Out! – Lessons from FTC’s Online Event Tickets Workshop | Lexology

If you’ve ever tried to buy tickets online to a concert, sports game or play, you’re probably familiar with a host of typical frustrations. How has the event already sold out when tickets have just gone on sale? What are all these added fees and why weren’t they disclosed up-front? Am I even purchasing from […]

Disney World annual pass prices go up; how much will you pay now? | USA Today

Disney World annual pass prices go up; how much will you pay now? | USA Today

Walt Disney World is raising prices on some of its annual passes, according to reports. Disney fans and bloggers woke up Tuesday to find prices for most passes had gone up overnight, as much as $150 in some cases, according to Orlando NBC affiliate WESH2 and The Orlando Sentinel. The price increases come ahead of the Aug. 29 opening […]

End of the fixed cost era: AI analysis ushers in dynamic pricing | The Mainichi

End of the fixed cost era: AI analysis ushers in dynamic pricing | The Mainichi

“Just by going a few seats further in, you can get such a difference in the price?” Junichi Ochi, 70, a resident of Yokohama, got a surprise while searching online via a tablet for tickets to see the pro-baseball team Fukuoka SoftBank Hawks. For the Wednesday April 10 game between the SoftBank Hawks and Hokkaido […]

Benefits Of Artificial Intelligence Pricing Solutions | net life set

Benefits Of Artificial Intelligence Pricing Solutions | net life set

The key objectives of any business are reduction of expenses and maximization of profits. Having many employees implies that the business will be paying a huge amount of money as wages and salaries at the end of every month. Nonetheless, with the advancement in technology, systems have been created that can help out the business […]

Part One: How can I use AI to improve my company’s pricing? | Artificial.

Part One: How can I use AI to improve my company’s pricing? | Artificial.

Modernising product pricing Take pricing. Traditional insurance pricing models are largely simplistic – a pricing matrix system, for example, registers the price of a consumer product and alters the premium accordingly from a couple of variables, categorising the risk in a simple matrix. These models can sometimes lead to uncontrollably high exposure and loss ratios, […]

Pricing Algorithms and Implications for Competition | Competition Policy International

Pricing Algorithms and Implications for Competition | Competition Policy International

Welcome to our first new issue of CPI’s Cartels column.  It’s been about two years since our last column, and much has happened in the area of collusion in that time.  We will be compiling interesting areas of discussion on cartels every month, most often with invited contributors, hoping to gather your interest and reaction.  […]

Disney’s Hulu Strategy Is Emerging | The Motley Fool

Disney’s Hulu Strategy Is Emerging | The Motley Fool

Differentiation and synergy Disney has been saying the same thing for a while regarding the difference between Disney+ and Hulu. The former be more family friendly, while the latter will have a larger selection of content for mom and dad. There are some reasons to be a little wary of this approach — Netflix doesn’t […]

Would You Pay More for Dinner on a Saturday Than on a Tuesday? | Heated – Medium

Would You Pay More for Dinner on a Saturday Than on a Tuesday? | Heated – Medium

Most people want reservations at peak times, which in Toronto, starts around 7:30 p.m. on Friday and Saturday night. Unless restaurateurs can convince customers to sit on each other’s laps, they often can’t satisfy demand. Meanwhile, seats can sit empty on Tuesday. So in March, Yang got creative with a solution by raising prices on […]

Disney CEO says theme park price hikes ‘really paying off’ | Orlando Rising

Disney CEO says theme park price hikes ‘really paying off’ | Orlando Rising

Disney World guests may be upset over increased ticket prices, but in the eyes of Disney chairman and CEO Bob Iger, the company’s pricing strategy is working. During the earnings call covering Disney’s second quarter of its fiscal year, Iger said the current approach is “really paying off” as the parks add new attractions. “I […]