SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Dynamic Pricing

Competition Commission: Competition Commission rejects complaint against Ola | Times of India

Competition Commission: Competition Commission rejects complaint against Ola | Times of India

While rejecting the complaint after finding that ANI Technologies (Opposite Party) is not a dominant player in the relevant market, the watchdog has also delved into the pricing ways of taxi services providers. “Without going into the legitimacy of OP’s pricing strategy, suffice to say that besides statutory compulsion of non-intervention in the present case, […]

Uber surge rates: Melbourne train shutdown prompts call for cap on Uber fares after passengers charged three times normal rate | Herald Sun

Uber surge rates: Melbourne train shutdown prompts call for cap on Uber fares after passengers charged three times normal rate | Herald Sun

According to Uber, its surge rates are an important way of ensuring that passengers can get a ride in a reasonable time frame in periods of high demand, with more drivers encouraged to get on the road. Passengers are provided with the surge rate and an estimated cost of the fare before agreeing to the […]

Bristol Old Vic ditches booking fees on all tickets | The Stage

Bristol Old Vic ditches booking fees on all tickets | The Stage

From now on, prices listed on the theatre’s site will be the final price that customers pay. A spokeswoman for the theatre said: “We noticed a certain amount of frustration when this final fee was added on to the price at the point of payment and our audiences were keen for a clearer process to […]

Premium train tickets dearer thanks to GST | The Asia Age

Premium train tickets dearer thanks to GST | The Asia Age

Mumbai: Thanks to the addition of 18 per cent GST, fare for three premium long-distance trains — Rajdhani, Shatabdi and Duranto — will get costlier. Already, the railways has introduced surge-pricing model or dynamic fare, which works on the principle that a ticket would get costlier if the number of available seats decrease. This had […]

Beyond TOU: Is more dynamic pricing the future of rate design? | Utility Dive

Beyond TOU: Is more dynamic pricing the future of rate design? | Utility Dive

“California needs dynamic pricing,” he said. Unlike TOU rates, which include a modest price differential on each day, dynamic pricing involves alerting customers to steeper increases in per-kWh rates in advance of specific peak demand events. Instead of a small differential every day, the larger gap between peak and off-peak pricing is meant to drive […]

A dynamic upswing in airfare is a deal-breaker | The Washington Post

A dynamic upswing in airfare is a deal-breaker | The Washington Post

Christopher Elliott’s July 9 Navigator column, “Airlines’ ‘dynamic pricing’ is full of ups and downs” [Travel], rang true. That week, my wife bought four tickets. At checkout, the total included an unexpected $100 price increase because of dynamic pricing. As predicted by the behavior analysis described in the column, my wife, tired of the whole […]

Surge pricing promises higher returns, but is it realistic for U.S grocers? | Food Dive

Surge pricing promises higher returns, but is it realistic for U.S grocers? | Food Dive

The hyper-competitive British supermarket scene often hatches trends and innovations that eventually make their way to the U.S. Surge pricing — also known as dynamic pricing — is the latest bid by retailers like Tesco and Marks & Spencer to entice customers while trying to maximize profits. It’s a tricky push-pull that has become increasingly […]

Film industry executives deplore ‘race to the bottom’ on ticket pricing | IF Magazine

Film industry executives deplore ‘race to the bottom’ on ticket pricing | IF Magazine

While discounting has been happening for years, particularly in cinemas in rural and regional areas, one veteran industry executive told IF: “It’s the worst it has been for a very long time.” Distributors, who have no say in prices set by exhibitors, have privately voiced concern about the level of discounting, which eats into their […]

Uber surge pricing to be capped by Victorian Government after Metro chaos | Australian Broadcasting Corporation

Uber surge pricing to be capped by Victorian Government after Metro chaos | Australian Broadcasting Corporation

Uber users were left angry last Thursday when fares were much higher than usual, during Melbourne’s train network shut down during the evening rush hour. The ridesharing company uses “dynamic pricing”, which means that when demand is higher fares increase. Users are given a quoted price before they accept a fare. In one case $50 […]

Freedom first when it comes to fitness | The New Paper

Freedom first when it comes to fitness | The New Paper

With close to 50,000 members here uncertain about the future of their paid memberships, the viability of the current rigid pricing structure in the fitness and wellness industry has never been in greater limbo. Once a statement of discipline, the pricey commitment of a fitness club membership is no longer as enticing as the flexibility […]