Tag: Dynamic Pricing

How ‘Gaming’ the System Helped This Business Get Thousands More Customers | Entrepreneur

How ‘Gaming’ the System Helped This Business Get Thousands More Customers | Entrepreneur

Sometimes it’s busy, sometimes it’s slow. Such is the nature of running nearly any kind of business. Off-season lulls seem to drag on forever, and bad weather causes customers to change their plans and spend their dollars elsewhere. Simply offering a coupon, sale, matinee price or happy hour doesn’t always cut it. Even dynamic, demand-based […]

PETER FORBES, Quincy: City must take big steps to improve its walkability | Wicked Local

PETER FORBES, Quincy: City must take big steps to improve its walkability | Wicked Local

The more we allow the automobile and parking to determine what can be built, where it can be built, and how it can be built, the lower the quality of life for Quincy residents and the more pressing our problems of automobile congestion, affordable housing and city finance. Many options are available to help reverse […]

5 Features Your Retail App Is Missing | Twice

5 Features Your Retail App Is Missing | Twice

Personalized content and offers: Nearly nine in 10 consumers say that personalization has some impact on their purchasing decisions. By personalizing content, retailers can help present shoppers with the products and/or deals that are most relevant to them, and that they are most likely to take advantage of. By recommending products based on previous shopping history or […]

Do Airline Sites Track Your Habits? | Men’s Fitness

Do Airline Sites Track Your Habits? | Men’s Fitness

IT’S TRUE, SAYS Johnny Jet, of the travel site johnnyjet.com. It’s called “dynamic pricing”—firms track your online browsing, and adjust prices according to factors like your eagerness to buy, your online purchases, even where you live. Be wary, he says, of aggregator booking sites like Priceline, Kayak, and Orbitz, the last of which was found […]

Time of day pricing strategy of electricity | Free Press Journal

Time of day pricing strategy of electricity | Free Press Journal

We have essentially lost our economic sovereignty in the 70 years since Independence. We have become dependent on imports for phosphate fertilizers, and sources of energy—fuel oil, coal and uranium. All three are required for the generation of electricity. It is necessary that we generate electricity for meeting our requirements with our own sources if […]

Railways should explore non-fare revenue sources for growth: Economic Survey | The Economic Times

Railways should explore non-fare revenue sources for growth: Economic Survey | The Economic Times

The survey has applauded railways for introducing dynamic pricing model which is aimed at enhancing higher passenger revenue without compromising on the passenger volume. The survey has also pointed out that during 2016-17, freight earnings at Rs 1, 04,339 crore, registered a negative growth of 4.5% over 2015-16. However, passenger earnings grew at registered an […]

Dubai theme park operator reviews strategy as losses pile up | Arab News

Dubai theme park operator reviews strategy as losses pile up | Arab News

The company also revealed the departure of senior executives, including Klaus Assman, Stanford Pinto, Matt Priddy and Paul La France. Dubai Parks and Resorts attracted more than 1 million visits during the first six months of the year, with about 414,400 visits during the second quarter. DXBE said it was progressing well toward achieving a […]

A game of demand and supply | The Hindu

A game of demand and supply | The Hindu

Abirami Ramanathan, the president of the theatre owners association, adds, “We should be able to alter the ticket rates depending on the film and time of show. But this system should fall within the range fixed by the state government. Such a pricing scheme will work only for a few Tamil films and other language […]

Dynamic pricing system promises less food waste | Springwise

Dynamic pricing system promises less food waste | Springwise

The Wasteless platform combines radio frequency identification (RFID), a dynamic pricing engine (which considers more than 40 separate factors when calculating price), and electronic shelf labeling. The system allows stores to automatically change prices on any item, in order to offer customers a chance to buy products close to their expiration date for a reduced […]

Soon, new fares for cabs | Bangalore Mirror

Soon, new fares for cabs | Bangalore Mirror

The transport department is making one more attempt to fix minimum fare for taxis operated by the taxi aggregator. A proposal will be sent to the state government in this regards. Transport commissioner B Dayananda claims the proposed fare structure would end the practice of surge pricing and peak time pricing by the aggregators. This […]