OnDemand WTP Pricing Research

Tag: Dynamic Pricing

Uber accidentally charges riders 100 times more than advertised fare price | New York Daily News

Uber accidentally charges riders 100 times more than advertised fare price | New York Daily News

Talk about surge pricing! Uber passengers in several cities across the country took to Twitter to complain of a glitch that charged riders 100 times more than advertised fares, costing some thousands of dollars for trips that should have only been a few bucks. In one of the worst cases, Aaron Himelman said his wife […]

Uber now gives passengers ride credits for buying stuff through Cargo’s in-car commerce platform | VentureBeat

Uber now gives passengers ride credits for buying stuff through Cargo’s in-car commerce platform | VentureBeat

Cargo, an in-car commerce company that helps ride-hailing drivers earn extra cash by selling stuff to passengers, is officially launching its Cargo Store mobile app today, giving riders the chance to earn cash back on a host of goods from an expanded marketplace. By way of a quick recap, Cargo has so far partnered with […]

Drake’s Dynamic Pricing Is A Downer | FYIMusicNews

Drake’s Dynamic Pricing Is A Downer | FYIMusicNews

The last thing Ticketmaster Canada needs right now is another black eye. Hit with $4.5M in fines and levies by Canada’s Competition Bureau last month for allegedly misleading pricing claims in online ticket sales, the company has agreed to a compliance program to ensure their advertising conforms with the law, and will implement new procedures […]

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, […]

4 ways to rethink airline RM in a personalised world | EyeforTravel

4 ways to rethink airline RM in a personalised world | EyeforTravel

Travel suppliers were early adopters of analytical tools for demand forecasting and pricing, but the drive to personalisation is making RM work harder. Tom Bacon explains Revenue management (RM) has certainly always been highly quantitative – requiring unique statistical and business-analytical skills to optimise use of sophisticated systems. Today, however, personalisation drives RM to ever-higher […]

Airbnb comes clean on pricing after enforcement action threat | The Irish Times

Airbnb comes clean on pricing after enforcement action threat | The Irish Times

Airbnb has amended the way it presents pricing information to consumers after the European Commission took it to task for not being transparent enough on the total cost of bookings. The commission said the online home share company had agreed to clarify the way it presents accommodation offers on its platform to ensure it complies […]

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 […]

Endless Traffic, Mass Confusion, Ride-Share Price Gouging Creating Chaos At LaGuardia Airport | CBS New York

Endless Traffic, Mass Confusion, Ride-Share Price Gouging Creating Chaos At LaGuardia Airport | CBS New York

NEW YORK (CBSNewYork) – A multi-billion dollar construction project at LaGuardia Airport is causing more than a minor inconvenience. Many travelers have to take another trip before they head home and many are now complaining of price gouging. On the Sunday night after July 4th, frustrated passengers fresh off a flight thought the long line […]

Ticket prices have almost halved in Llanelli’s Odeon cinema | Wales Online

Ticket prices have almost halved in Llanelli’s Odeon cinema | Wales Online

Since its opening in 2012, Llanelli’s Odeon cinema has continuously been criticised for charging film fans on average £10 a ticket – nearly double the price of other nearby cinemas. But it seems that the cinema group have listened to their customers’ requests and cut the prices by almost 50% in the Welsh town. The […]

Air New Zealand considers dynamic pricing for flights | TravelTalk NZ

Air New Zealand considers dynamic pricing for flights | TravelTalk NZ

How airlines set pricing is something that hasn’t fundamentally changed in decades. It follows a model known as a “pricing ladder” where the total number of seats are divided up into booking classes, with each booking class representing a rung on the ladder.  The lowest rung on the ladder will have the cheapest prices, and […]