OnDemand WTP Pricing Research

Tag: differential pricing

Dynamic Pricing for Airport Parking | Perfect Price

Dynamic Pricing for Airport Parking | Perfect Price

Even with passenger volumes rising, ride-sharing is hitting airports where it hurts – parking revenue. Traditionally the top revenue source for airports, parking revenue cannot be replaced by $1 or $2 fees from ride-share companies like Uber and Lyft. This article explores how leveraging the same dynamic pricing technology used by ride-sharing companies can help […]

5 Tips for Increasing Average Order Value | Business 2 Community

5 Tips for Increasing Average Order Value | Business 2 Community

One statistic that all business owners should know is that 40% of shoppers admit to spending more than they budgeted. What that means to you as an online retailer is that you need to find a way to make sure you are presenting shoppers with options to buy things in the digital checkout line. Think […]

Price Forecasting: Applying Machine Learning Approaches to Electricity, Flights, Hotels, Real Estate, and Stock Pricing | Data Science Central

Price Forecasting: Applying Machine Learning Approaches to Electricity, Flights, Hotels, Real Estate, and Stock Pricing | Data Science Central

When you give customers advice that can help them save some money, they will pay you back with loyalty, which is priceless. Interesting fact: Fareboom users started spending twice as much time per session within a month of the release of an airfare price forecasting feature. This tool continues to grow conversion for our partner. Besides travel, […]

Where was differential pricing at the WHO Fair Pricing Forum? | STAT

Where was differential pricing at the WHO Fair Pricing Forum? | STAT

Access to pricey prescription drugs has become a topic of focused attention for the World Health Organization, governments of middle- and lower-income countries, nongovernmental aid organizations, patient activists, and others. Many of these gathered at this month’s Fair Pricing Forum in Johannesburg, South Africa, which was sponsored by the WHO. The invitation-only meeting, which was […]

Interview: The Case for Surge Pricing for Everything with Alex Shartsis, Co-founder & CEO @ PerfectPrice | DojoLIVE! by Nearsoft

Interview: The Case for Surge Pricing for Everything with Alex Shartsis, Co-founder & CEO @ PerfectPrice | DojoLIVE! by Nearsoft

Date: May 1, 2019 Time: 10:00 am central Surge pricing may soon be something that we see for more than just an Uber ride, but what’s the real purpose of companies surging prices? And is it always bad for the consumer? About Alex Shartsis  Alexander Shartsis is cofounder and CEO of Perfect Price, an artificial intelligence […]

The Powerful Influence of Pennies-a-Day Price Offers | Psychology Today

The Powerful Influence of Pennies-a-Day Price Offers | Psychology Today

Sellers and fundraisers have used pennies-a-day price offers for decades. It’s a popular and effective way to quote a price. Magazine publishers first began promoting their subscriptions on a per-issue basis instead of an annual price back in the early 1980s. Consumer psychologist John Gourville explains this decision was fueled by field experiment results conducted […]

McDonald’s plan to put “supersized” data to action | Perfect Price

McDonald’s plan to put “supersized” data to action | Perfect Price

McDonald’s recent acquisition of the Tel Aviv-based AI startup, Dynamic Yield, is an exciting move, demonstrating that the 63-year old fast-food chain is looking for ways to stay competitive. Like many large enterprises, McDonald’s has long recognized the value in data, collecting large amounts of data on everything from tractions to customer behavior. However, data […]

PODCAST: Dynamic Pricing’s Real-World Applications | Perfect Price

PODCAST: Dynamic Pricing’s Real-World Applications | Perfect Price

As pricing technology becomes more and more sophisticated, incorporating complex data analysis and using AI and Machine learning to optimize and deploy pricing, we’re seeing a wider acceptance of Dynamic Pricing. Industries like airlines, hospitality, and ride-sharing have led advances in dynamic pricing, but other industries are now opening up to the possibilities. Both B2C […]

Webinar: Using AI To Get C-suite Attention For Pricing | Perfect Price and PPS

Webinar: Using AI To Get C-suite Attention For Pricing | Perfect Price and PPS

Date: April 11, 2019 Time: 11:00 am Eastern Pricing is high impact, but are you getting the attention you deserve? In any enterprise environment, the struggle for attention and resources is always an issue. As a pricing professional, how can you get c-suite attention for prioritizing pricing initiatives and allocating budget? Aligning yourself with your […]

Decision Automation: How AI Helps Companies Move From Analytics To Action | Forbes

Decision Automation: How AI Helps Companies Move From Analytics To Action | Forbes

Forward-thinking CEOs have embraced business intelligence tools and big data, and many are considering how they can utilize artificial intelligence (AI) and predictive analytics. But analysis alone doesn’t always go far enough. To catch up to industry leaders like Amazon, Netflix, Google and others, I believe executives need to think beyond analytics and move toward […]