Tag: Personalized Pricing

Is your friend getting a cheaper Uber fare than you are? | The Guardian

Is your friend getting a cheaper Uber fare than you are? | The Guardian

We all know that ride-share companies like Uber and Lyft operate dynamic, or “surge”, pricing: they change their prices in real time, according to supply and demand. But is there something else behind these fluctuations in fees? Is your taxi fare actually being personalized according to how much the company thinks you are willing to […]

‘Never been one this large’ Kroger price cuts are part of a multi-million dollar investment | thv11.com

‘Never been one this large’ Kroger price cuts are part of a multi-million dollar investment | thv11.com

Kroger has begun cutting prices on more 3,000 items in approximately 100 stores in its Delta region, which includes Arkansas, Tennessee, Mississippi, Missouri and Kentucky. Kirby estimated that that works out to about 10 percent of everything shoppers will find in a typical store. “There’s never been one this large,” Kirby said of the price-reduction […]

Airlines could set airfare based on your income | Yahoo Finance

Airlines could set airfare based on your income | Yahoo Finance

Nailing down the cheapest airfare can be tough. Prices are based on a handful of factors, including route, date and demand, so they are always in flux. Now airlines might start looking at new ways to determine airfare, like your income. This month Sen. Chuck Schumer, (D-N.Y.) warned that some major airlines want to collect […]

Big Data in E-Commerce: Trends, Personalisation and Beyond | BBN Times

Big Data in E-Commerce: Trends, Personalisation and Beyond | BBN Times

E-Commerce, as an industry, received a jump start because of the progress made by big data engines in providing critical and focused analytics to retailers. From pricing to customer analytics to machine learning directed marketing campaigns, the solutions are bottomless. To arrive at the solution for all these challenges of online business decision making, there […]

Big airlines that launched basic economy fares rank below Southwest Airlines in survey | LA Times

Big airlines that launched basic economy fares rank below Southwest Airlines in survey | LA Times

For good reason. Four in 10 travelers surveyed by Consumer Reports said they chose their airline primarily based on price. Although American, United and Delta have all reported generating strong revenues from the sale of basic economy seats, the survey found that all economy flights got low scores for seat comfort and legroom, with nearly […]

A Southwest Airlines Executive Just Insulted United and American. Here’s Why Southwest Customers Will Love It | Inc.com

A Southwest Airlines Executive Just Insulted United and American. Here’s Why Southwest Customers Will Love It | Inc.com

For example, whether the airline would start flying to Europe. (The answer was no, which strikes me as wise.) But then he lurched onto Basic Economy. This, which I prefer to call Sub-Cattle Class, consists of the (allegedly) cheapest fare offerings that are so unbundled that you’re surprised to get a seat cushion. Different airlines have […]

Can Airlines Use the Internet to Offer Discriminatory Pricing? | Travel Market

Can Airlines Use the Internet to Offer Discriminatory Pricing? | Travel Market

This past weekend, Schumer called the airlines’ ability to mine more data “Big Brother meets Big Business,” and said “it is a frightening combo for already-price-badgered airline travelers.” “The airlines have already monetized every single inch of the plane: smaller seats, less food, charges for carry-ons, and so the thought that they or others within […]

Airline anguish: Ticket prices could soar for some with ‘Big Brother-like’ tactics | Fox Business

Airline anguish: Ticket prices could soar for some with ‘Big Brother-like’ tactics | Fox Business

“Big Brother” could be taking to the skies across America, causing airline ticket prices to soar for some passengers – and fall for others – as major carriers eye a new pricing platform. However, in a letter to the Federal Trade Commission (FTC), Sen. Chuck Schumer (D-NY) called for an investigation into ways airlines could […]

Schumer wants probe into airlines’ new scheme for setting fares | NY Daily News

Schumer wants probe into airlines’ new scheme for setting fares | NY Daily News

Sen. Chuck Schumer is calling for a federal investigation into airlines mining personal data in order to charge higher fares to certain customers. Schumer (D-N.Y.), the Senate minority leader, warned of “dynamic pricing” software airlines are developing — which could track the websites a potential flier has visited and figure out details like their income […]

Cheap flights a thing of the past? Airlines introduce ‘dynamic pricing’ | news.com.au

Cheap flights a thing of the past? Airlines introduce ‘dynamic pricing’ | news.com.au

AIRLINES already vary the prices of their flights based on when you book and how many searches you have done. But companies could soon tailor their flight prices depending on how much money you have — called “dynamic pricing”. It’s easy to glean a lot of information about a person online — using things like […]