SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Pricing Technology

Why the Airbnb Calculator Sets Prices of Airbnb Listings Too Low | Get Paid For Your Pad

Why the Airbnb Calculator Sets Prices of Airbnb Listings Too Low | Get Paid For Your Pad

Airbnb released a new tool to help their hosts improve their listings: the Airbnb calculator. Pricing is by far the most complicated aspect of Airbnb hosting. How do you know what the optimal price is? Ideally, you want to set prices high when demand is high (in the high season, during special events for example) […]

Holiday prices can soar by £3,000 in just one day | Daily Mail Online

Holiday prices can soar by £3,000 in just one day | Daily Mail Online

  Study exposes inconsistencies in travel industry over the cost of family deals The price of a trip to Florida apparently soared by £3,370 in just a single day  Research finds families struggle to know if their quote is fair    We’re all wary of holiday rip-offs, knowing prices can soar if you book late or […]

Technology has the power to improve how we haggle with dynamic pricing | The Globe and Mail

Technology has the power to improve how we haggle with dynamic pricing | The Globe and Mail

Uber is one of the first mainstream examples to use surge pricing to manage supply and demand. For example, it’s raining and I’m going to be late for a meeting. Demand for Uber goes up, prices surge, more drivers join the marketplace, increasing supply, and price drops again to meet demand. Beautiful, isn’t it? The […]

Artificially intelligent pricing raises competition red flags about colluding robots | afr.com

Artificially intelligent pricing raises competition red flags about colluding robots | afr.com

Artificial intelligence and algorithmic pricing have opened up new frontiers for price-fixing. The use of artificial intelligence (AI) to determine your pricing is not novel; rather, it is now essential if you want to be, and remain, competitive. But when will using algorithm-based software to make you highly competitive on price also lead you down […]

How artificial intelligence could help you save money on groceries | Globalnews.ca

How artificial intelligence could help you save money on groceries | Globalnews.ca

Imagine walking into the produce aisle of your local grocery store and being able to look at a digital display, instead of a wrinkly plastic tab, to figure out the price of a head of lettuce. The prices displayed on the screen would change in real time based on a host of factors including inventory size and shelf […]

Travel dilemmas: Dynamics of pricing | TravelWireNews

Travel dilemmas: Dynamics of pricing | TravelWireNews

Simple supply and demand? Yes, but with a twist. “What’s happening is not new in the world,” said George Hoffer, a transportation economist at the University of Richmond in Virginia. Whether we’re talking about yield management, dynamic pricing or surge pricing (which you hear in connection with ride-sharing services), “it’s called price discrimination, and price […]

Are Retailers Killing True Free-Market Pricing? | Talkmarkets

Are Retailers Killing True Free-Market Pricing? | Talkmarkets

On the surface, online shopping seems to favor shoppers. It’s easy to compare prices, shipping cost and time, sales tax, and other factors to get the best deal. Retailers have to offer lower prices to make you buy, right? Well, maybe. Last week, I read a fascinating Atlantic Monthly article by Jerry Useem: “How Online Shopping Makes […]

Deploying machine learning in insurance pricing | pwc blog

Deploying machine learning in insurance pricing | pwc blog

Insurers have been investigating the deployment of machine learning techniques in the pricing arena, seeking to exploit the speed at which models can be built and refreshed compared to the use of more traditional generalised linear modelling techniques. Machine learning techniques offer significant advantages over these traditional models, including the availability of various types of […]

Keys to realizing car-sharing market’s untapped potential | Chinadaily.com.cn

Keys to realizing car-sharing market’s untapped potential | Chinadaily.com.cn

Challenges Few players reach a break-even point after the launch of their business, largely because of insufficient revenues and a burdened cost structure. The first reason is mainly caused by alternative mobility solutions which have very competitive pricing (taxis or chauffeur-based vehicles with strong consumer incentives); the latter is mainly caused by car depreciation, upfront […]

Explore predictive analytics market global development trends 2017-2022 | WhaTech

Explore predictive analytics market global development trends 2017-2022 | WhaTech

Firstly, this report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Predictive Analytics, revenue and market […]