Tag: Dynamic Pricing

Algorithms feeding unsustainable price cuts online | Retail Dive

Algorithms feeding unsustainable price cuts online | Retail Dive

While consumers and sellers alike may think that Amazon itself is driving price competition, it’s now often third-party marketplace sellers, on Amazon and Walmart, that initiate price-based skirmishes, according to the report. Dynamic pricing algorithms have enabled retailers to detect every online price change, including temporary promotions, and that’s, “leading to race-to-the-bottom behavior and permanent drops […]

MoviePass slashes plan to three movies per month | engadget

MoviePass slashes plan to three movies per month | engadget

After borrowing emergency funds to keep the lights on and toying with a price increase, MoviePass is trying to stave off the Grim Reaper by limiting how many movies you can see each month. You won’t be able to see a movie every day with your plan after August 15th. Instead, you can only grab […]

MoviePass had everything going for it—except economics | Quartz

MoviePass had everything going for it—except economics | Quartz

In March, MoviePass started asking members to take pictures of their ticket stubs so it knew they weren’t giving away the tickets. Members were then barred from seeing titles more than once. MoviePass introduced surge pricing next. And the app later blocked access to blockbusters altogether. Now, the company is planning to raise prices. Customers […]

Eleven lifts lid on pricing strategy for UK and Ireland | SportBusiness Group

Eleven lifts lid on pricing strategy for UK and Ireland | SportBusiness Group

International sports broadcaster Eleven Sports has today (Friday) revealed its pricing strategy as it prepares to launch in the UK and Ireland later this month. Customers will be able to subscribe to a Monthly Pass for £5.99 (€7/$8) per month in the UK or €6.99 ($8) per month in Ireland, through which they will gain […]

India fans may be staying away from first Test over ticket prices | The Guardian

India fans may be staying away from first Test over ticket prices | The Guardian

“The benchmark will be what the attendance is like at Lord’s, Oval and Trent Bridge. But the pricing is a lot higher than previous Pakistan Test matches so there’s an element of cashing in, perhaps, on Asian communities’ passion for cricket. “From what I understand the prices are almost double what they were for Pakistan […]

This is how airlines price tickets | CNBC

This is how airlines price tickets | CNBC

Many of us this summer will fly off on holiday for a well-deserved break. It’s more than likely that you spent hours on the internet researching flight deals, trying to figure out an airfare pricing system that seems completely random. Fees appear to fluctuate without reason and longer flights aren’t always more expensive than shorter […]

With Free Delivery and Zero Surge Pricing, What’s Swiggy Upto? | Dazeinfo

With Free Delivery and Zero Surge Pricing, What’s Swiggy Upto? | Dazeinfo

Be it fancy, hearty meals delivered at door-step or being the savior of late-night food cravings – Swiggy has got our back ! However, it won’t stop there, as Swiggy holds fast to its position – $210 Million Entrant in the Unicorn Club! Reportedly, Swiggy has switched on a subscription-driven playbook to scale the food technology market. The […]

When School Districts Buy From Amazon, Are They Getting the Best Deal? Maybe Not. | EdSurge News

When School Districts Buy From Amazon, Are They Getting the Best Deal? Maybe Not. | EdSurge News

Amazon has built its reputation by claiming cheaper prices and greater convenience for consumers. But a new report questions whether schools are getting the best deals by using the company. Among the concerns raised in the report, published by the nonprofit Institute for Local Self-Reliance, are that the company uses its dynamic pricing model in […]

The European Commission Fines Four Consumer Electronics Manufacturers for Fixing Online Resale Prices and Sketches the Contours of a New Fining Policy | JDSupra

The European Commission Fines Four Consumer Electronics Manufacturers for Fixing Online Resale Prices and Sketches the Contours of a New Fining Policy | JDSupra

The Commission’s decisions of 24 July 2018, fining Philips, Asus, Denon & Marantz and Pioneer for fixing online retail prices, inaugurate a much-awaited wave of verdicts on vertical restrictions, with the noteworthy peculiarity that they involve the use of algorithms. Separate investigations against Philips, Asus, Denon & Marantz and Pioneer were simultaneously opened in February […]

MoviePass To Raise Prices, Block Out New Releases To Try To Save Itself | Forbes

MoviePass To Raise Prices, Block Out New Releases To Try To Save Itself | Forbes

As much as I rolled my eyes at the constant drumbeat of “Is this the end of MoviePass?” every time it made a policy change, this did seem like the beginning of the end. As of this morning, MoviePass has rolled out a new strategy. It includes (so sayeth the press release) an eventual increase in […]