OnDemand WTP Pricing Research

Tag: Revenue Management

How I’m Gearing Up for Dynamic Awards Pricing | Frugal Travel Guy

How I’m Gearing Up for Dynamic Awards Pricing | Frugal Travel Guy

Over the last year and a half, several airline loyalty programs decided to ditch their awards charts and switch to dynamic award pricing. This includes one of my favorite programs — Air France /Flying Blue — along with others like Hawaiian Airlines (which is now offering a range of miles for each flight) and United […]

Benefits Of Artificial Intelligence Pricing Solutions | net life set

Benefits Of Artificial Intelligence Pricing Solutions | net life set

The key objectives of any business are reduction of expenses and maximization of profits. Having many employees implies that the business will be paying a huge amount of money as wages and salaries at the end of every month. Nonetheless, with the advancement in technology, systems have been created that can help out the business […]

Hertz gets into the vehicle subscription business, pricing starts at $999 per month | TechSpot

Hertz gets into the vehicle subscription business, pricing starts at $999 per month | TechSpot

Why it matters: Programs like Hertz My Car aren’t ideal for all situations but if you’re in need of a vehicle without a long-term commitment and don’t want to have to rely exclusively on traditional rentals or ride-sharing services, it could be worth checking out. Car rental company Hertz has become the latest to launch […]

Part One: How can I use AI to improve my company’s pricing? | Artificial.

Part One: How can I use AI to improve my company’s pricing? | Artificial.

Modernising product pricing Take pricing. Traditional insurance pricing models are largely simplistic – a pricing matrix system, for example, registers the price of a consumer product and alters the premium accordingly from a couple of variables, categorising the risk in a simple matrix. These models can sometimes lead to uncontrollably high exposure and loss ratios, […]

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

Since the introduction of sharing-economy services such as Airbnb, hotels have struggled with how to compete against the alternative accommodations market. Among hotels’ concerns is how Airbnb impacts their pricing and distribution strategies, which, according to new research from the Tepper School of Business at Carnegie Mellon University, might be more dramatic than hoteliers may […]

A deep dive into the global market for sustainable apparel | just-style

A deep dive into the global market for sustainable apparel | just-style

Consumers’ growing awareness of the environmental impact of the fashion industry has created a fast-growing market for “sustainable apparel” around the world. But while it is easy to find brands that claim to be eco-friendly or are produced in a sustainable way, what characterises the sector in terms of the top sellers, products and pricing strategies? Natalie […]

United Airlines Will Compete With Low Cost Carrier Pricing Strategy | Simple Flying

United Airlines Will Compete With Low Cost Carrier Pricing Strategy | Simple Flying

United Airlines CEO Scott Kirby has issued a warning to low cost carriers that United will beat them on price. Speaking at a recent Skift forum, he accuses LCCs of not being in control of their pricing model and warns new entrants that they will not survive. With a number of low cost carriers already […]

Dynamic Pricing for Airport Parking | Perfect Price

Dynamic Pricing for Airport Parking | Perfect Price

Even with passenger volumes rising, ride-sharing is hitting airports where it hurts – parking revenue. Traditionally the top revenue source for airports, parking revenue cannot be replaced by $1 or $2 fees from ride-share companies like Uber and Lyft. This article explores how leveraging the same dynamic pricing technology used by ride-sharing companies can help […]

Pricing Algorithms and Implications for Competition | Competition Policy International

Pricing Algorithms and Implications for Competition | Competition Policy International

Welcome to our first new issue of CPI’s Cartels column.  It’s been about two years since our last column, and much has happened in the area of collusion in that time.  We will be compiling interesting areas of discussion on cartels every month, most often with invited contributors, hoping to gather your interest and reaction.  […]

How To Price Your Vacation Rental To Maximize Income | BiggerPockets

How To Price Your Vacation Rental To Maximize Income | BiggerPockets

A third way is to use dynamic pricing. You price your vacation rental home affordably during most of the year, but during peak seasons, or even during peak events, you raise the prices accordingly. Most hotels and motels follow a version of this pricing plan. They know when their peak seasons are, and they raise […]