OnDemand WTP Pricing Research

Tag: demand based pricing

Hordes and their money descending for ‘Hamilton’ | Times Union

Hordes and their money descending for ‘Hamilton’ | Times Union

To help prepare the business community to better welcome visitors new to the city or to the theatergoing experience, Proctors and the Downtown Schenectady Improvement Corp. co-hosted a meeting last week attended by about 40 stakeholders. Salengo said the DSIC is collecting parking, shopping, dining and lodging information, as well as other “Hamilton”-specific promotions for […]

Live Nation has pushed concert prices up in the past 18 months.. and it’s paid off to the tune of $500m | Music Business Worldwide

Live Nation has pushed concert prices up in the past 18 months.. and it’s paid off to the tune of $500m | Music Business Worldwide

Live Nation has been operating dynamic pricing for some time, via the ‘Platinum’ initiative of subsidiary Ticketmaster. ‘Platinum’ enables Live Nation to sell tickets to certain segments of any show at a higher price than the rest of the room/amphitheater/stadium. Ticket prices can respond to market demand in real time, much like they do when […]

Live Nation ticket scandal shows musicians can learn from Taylor Swift | Quartzy

Live Nation ticket scandal shows musicians can learn from Taylor Swift | Quartzy

How ticket resales work Imagine tickets for a Beyonce show with face value of $100, and a scalper bought 10 tickets online, which eventually sold for $500 each on StubHub. The scalper would have made $4,000 on those 10 tickets, while Beyonce’s organization would have received just $1,000. In an actual recent case, the band […]

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.  […]