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Tag: Dynamic Pricing

Comfort hooks up with Ryde to offer taxi-booking service | TODAYonline

Comfort hooks up with Ryde to offer taxi-booking service | TODAYonline

The other five taxi operators — SMRT Taxis, Prime Taxi, Premier Taxis, Trans-Cab and HDT Singapore Taxi — partnered third-party booking app Grab to launch dynamic pricing in March. Prices for JustGrab, the dynamic-pricing feature in the Grab app, will depend on factors such as real-time demand and supply, travel time and distance. On the […]

Why is Dynamic Pricing Important to Header Bidding? | MarTech Advisor

Why is Dynamic Pricing Important to Header Bidding? | MarTech Advisor

Header bidding reveals the true benefits of dynamic pricing and highlights that it is the critical feature that has driven its adoption. Without dynamic pricing, header bidding would not be needed, and it was the need to include programmatic buyers within DFP that initially drove header bidding. In addition, the combination of dynamic pricing and […]

AI-powered dynamic pricing turns its gaze to the fuel pumps | The Register

AI-powered dynamic pricing turns its gaze to the fuel pumps | The Register

Analysis “AI” could soon be making petrol more expensive at times of peak demand like the start of a bank holiday weekend or the school run. Danish data analytics company a2i touts fuel pricing as an ideal implementation of its learning algorithms. The company claims that PriceCast Fuel, its dynamic pricing product, can improve fuel […]

Some US power prices higher than last year as summer approaches | S&P Global Platts

Some US power prices higher than last year as summer approaches | S&P Global Platts

KASSIA: Renewables are clouding the West, Texas demand is soaring, and the largest US grid operator appears to have ample generation as things start to heat up for summer. Welcome to the Commodities Spotlight Podcast from S&P Global Platts. I’m Kassia Micek, with the Platts North American power pricing team, based out of the Platts […]

Uber’s new pricing model could upset drivers | Business Insider

Uber’s new pricing model could upset drivers | Business Insider

Uber has been experimenting with a new pricing method in several cities that uses machine learning algorithms to predict the amount a customer is willing to pay for a given ride, Bloomberg reports. Uber hopes to grow its revenue with this new “route-based pricing” system, as it continues to bleed money for rider discounts and […]

High Ticket Prices Are Fueling a Broadway Boom | The New York Times

High Ticket Prices Are Fueling a Broadway Boom | The New York Times

Musicals about the aftermaths of a teenage suicide and a terror attack proved unlikely sensations. Star turns by Bette Midler, Josh Groban, Jake Gyllenhaal and Glenn Close added sizzle. And, led by “Hamilton” and “Hello, Dolly!,” the hottest shows started charging once unthinkably high prices for the best seats. The Broadway season that ended on […]

Dynamic Pricing Benefits Everyone – Part 2 | Strategic Pricing Solutions

Dynamic Pricing Benefits Everyone – Part 2 | Strategic Pricing Solutions

In my last blog post, Dynamic Pricing Benefits Everyone. Politicians Should Stay Out of It, I described the many ways in which dynamic pricing benefits us all.  As you can tell from the title, I also urged politicians to resist their natural desire to regulate things.  Within a couple days of my post, there was […]

Finding revenue in unexpected places with dynamic pricing science | tnooz

Finding revenue in unexpected places with dynamic pricing science | tnooz

Airlines have transformed obstacles such as downward pressure on fare structures, fluctuating demand patterns and inventory non-utilization into opportunities to accelerate growth. NB: This is a viewpoint by Alberto Carlos Hinke, director, strategic consulting at PROS. A large part of the airlines’ success has been the ability to do what many industries have yet to […]

Beware of Pricing strategy at gate! – Review of Universal Studios Florida, Orlando, FL | TripAdvisor

Beware of Pricing strategy at gate! – Review of Universal Studios Florida, Orlando, FL | TripAdvisor

Although I would still give the park experience,a five star overall rating, with special accolades for the Harry Potter display, please be aware that the park has been separated by main attractions. Gate admission for (3) was quoted at $660.00(!!!) even though I indicated we found an online price of ($330) or $110 each person……”…oh, […]

Law Professor: Online Shopping Growth Has Upped Price-Fixing Threat | Tennessee Today

Law Professor: Online Shopping Growth Has Upped Price-Fixing Threat | Tennessee Today

Online retailers have long employed a dynamic pricing model that’s now making its way to traditional retail stores. Through the use of artificial intelligence software, retailers gauge when to raise or lower prices based on shoppers’ spending habits and when they are more likely to buy. This shift to implement pricing algorithms should raise concerns […]