Tag: Price Optimization

Pass the Keys and make Airbnb rental hassle-free | Property118

Pass the Keys and make Airbnb rental hassle-free | Property118

Pass the Keys – UK’s leading Airbnb management service is based in Greater London and operating in London, Bath, Brighton, Bristol, Cambridge, Edinburgh, Manchester, Oxford and just expanded to York and Glasgow. Pass The Keys overs a hassle-free Host-Service around the globe using the concept of the sharing economy. Through an efficient use of vacant […]

Profit Optimization is Not Just a Buzz Phrase for Room Revenue | Hospitality Net

Profit Optimization is Not Just a Buzz Phrase for Room Revenue | Hospitality Net

To better maximize revenue opportunities from meetings and events spaces, savvy hoteliers have looked to try and fold revenue management strategies into sales and catering processes. However, despite the positive evidence to support an integrated approach to sales, catering, meetings and revenue management, there hasn’t been a strong call for technology beyond sales and catering […]

4 Ways You Could Be Incorporating Artificial Intelligence Into Your Marketing Strategy | Entrepreneur

4 Ways You Could Be Incorporating Artificial Intelligence Into Your Marketing Strategy | Entrepreneur

4. Pricing Finally, another huge opportunity for AI-savvy marketers is the possibility of dynamic pricing. As digital content manager Robert Allen has wisely commented on LinkedIn: “Discounts are extremely powerful, but they can also hurt your bottom line . . . sales are so effective because they get people to buy your product that previously […]

Price Elasticity Shifts Mean New Revenue Opportunities and Risks for Retailers and Brands | PointofSale.com

Price Elasticity Shifts Mean New Revenue Opportunities and Risks for Retailers and Brands | PointofSale.com

Childrenswear shows opportunities to increase prices in sleepwear but be cautious of high-priced bottoms Research shows that while overall sales of childrenswear are falling, some brands and retailers are seeing significant growth. This is in line with First Insight’s report which found that elasticity is falling along with pricing. Sleep/loungewear in particular has shown declining […]

The New Frontier of Price Optimization | Tribune Content Agency

The New Frontier of Price Optimization | Tribune Content Agency

Price Optimization in Practice In reality, not every step is used in every situation. For example, Boston, Massachusetts-based Rue La La Inc. did not want us to change prices in the course of its 48-hour sales, so we skipped the learning step. And when we worked with Chicago, Illinois-based Groupon Inc., we realized that the […]

AI could become your personal shopper | VentureBeat

AI could become your personal shopper | VentureBeat

7. Setting the right price Big data tools like Incompetitor help retailers maintain a competitive pricing strategy by combining AI and machine learning. Retailers integrate this API into a brand’s data so a rule-based engine can optimize prices based on real-time external factors, like inventory, competitors’ out-of-stock situations, and discounts. This integration allows retailers to optimize […]

How Analytics Helps Price Optimization Decisions | DMN

How Analytics Helps Price Optimization Decisions | DMN

Amazon’s quick price cut for Whole Foods, and investor concerns about Blue Apron, together place a spotlight on price optimization in retail and eCommerce. I am going to try to explain some analytics reporting can aid good decisions, and support informed discussion, on product planning and associated metrics for online retail. High sales have traditionally […]

InfoTrends Study to Focus on Exploring Pricing Models for Digital Delivery in Transactional Communications | Keypoint Intelligence

InfoTrends Study to Focus on Exploring Pricing Models for Digital Delivery in Transactional Communications | Keypoint Intelligence

Keypoint Intelligence – InfoTrends is pleased to announce a new study entitled Pricing for Digital: Exploring New Models for Transactional Communications Delivery. Research begins October 2017 and final deliverables are scheduled to publish in December 2017. As delivery of transactional communications continues to shift from physical to digital environments, the pricing discussion is becoming more […]

Vacation rental company celebrates 13 years by surprising loyal guest | Atascadero News Leader

Vacation rental company celebrates 13 years by surprising loyal guest | Atascadero News Leader

Paso Robles Vacation Rentals views the relationships they have with the home owners as in an integral part of providing quality homes to guests visiting the Paso Robles area. “We partner with our owners to showcase Paso Robles hospitality, we work together to ensure the best outcome. It’s always about the win-win.” Bryan Bonelli enjoys […]

Casey’s Looks to Optimize Digital & Pricing Opportunities | Convenience Store News

Casey’s Looks to Optimize Digital & Pricing Opportunities | Convenience Store News

At the same time, Casey’s is interviewing consultants to assist the convenience store chain with developing a new price optimization program. “Currently, many of the products at our stores are priced consistently across our 15-state market area,” Handley explained. “We believe we have an opportunity to take advantage of differences and market conditions related to pricing […]