Tag: Surge Pricing

To lure back riders, Railways set to scrap dynamic pricing on 40 trains | Business Standard News

To lure back riders, Railways set to scrap dynamic pricing on 40 trains | Business Standard News

Your next ride on the Rajdhani Express might be a little light on your pocket as the Indian Railways is set to scrap the flexi-fare — also called dynamic pricing — on 40 trains, according to a report in ‘The Times of India’. The flexi-fare scheme is reportedly being scrapped for trains that have shown […]

Is a taxi or Uber driver more likely to rip you off on the way to the airport? | MarketWatch

Is a taxi or Uber driver more likely to rip you off on the way to the airport? | MarketWatch

Uber drivers are not completely exempt from allegations that they’ve ripped off their passengers, however. The study found the drivers often seek out routes that are subject to surge pricing, Uber’s practice of increasing fares when there is high demand. They also occasionally tell the app that they’ve started a ride before a rider gets […]

Sinemia and Choovie bring subscriptions and dynamic pricing to Australia | Film Journal International

Sinemia and Choovie bring subscriptions and dynamic pricing to Australia | Film Journal International

MoviePass has been getting a lot of press in the U.S. but so far has not arrived Down Under. That is not to say it will not come here, but some industry figures have their doubts. Because most major chains do not have competing cinemas in the majority of their cities and suburbs, there is […]

Fare revision hasn’t helped us, say cabbies, commuters | Times of India

Fare revision hasn’t helped us, say cabbies, commuters | Times of India

BENGALURU: It’s been nearly nine months since the transport department revised cab fares, fixing minimum and maximum charges. However, it seems the revision has benefited neither taxi drivers nor users. In fact, the average per km cab fare in the city — which earlier varied between Rs 10 and Rs 20 — has now touched […]

Moviepass: A bold trendsetter slowly dying out | The Chronicle

Moviepass: A bold trendsetter slowly dying out | The Chronicle

Ted Farnsworth, the CEO of Helios and Matheson, has said that other start-up companies such as Uber and Amazon have, at various points, lost billions of dollars and are still around and very successful today.  This may be true, but the key difference between those companies and Moviepass was investor confidence.  Investors saw both the […]

How can dynamic pricing help your business expand? | Changing Prices

How can dynamic pricing help your business expand? | Changing Prices

What is dynamic pricing? Dynamic pricing is a new trend among e-commerce businesses that takes advantage of the laws of supply and demand to generate as much business and turnover as possible. It is based on traditional economic theory, although it combines economic analysis with behavioural observations in order to maximise profits. Traditionally, retail outlets […]

When value and price collide | ING Think

When value and price collide | ING Think

Imagine you’ve bought tickets for yourself, another adult and two children to see a film at the local cinema of a national chain. You then search online and find you could have paid nearly half if you saw the same film with the same chain but somewhere else. This does not seem fair. This example is […]

MoviePass Poll: About Half of Subscribers Call It Unreliable | Vulture

MoviePass Poll: About Half of Subscribers Call It Unreliable | Vulture

It’s been a cruel summer for MoviePass. Over the past few weeks, the embattled movie-ticket subscription service has been jolted by one distressing development after another. Users became livid when the company raised its price from $9.95 to $14.95 a month, implemented surge pricing, and began limiting attendance to first-run films. (A subscription now costs […]

Can MoviePass survive? It’ll need a serious side hustle | Quartz

Can MoviePass survive? It’ll need a serious side hustle | Quartz

Wayne Levy, 59, joined MoviePass in January. A physician in Oahu, Hawaii, Levy used the movie-ticket subscription service that offered a movie per day for $9.95 per month to see films between leaving work and catching up with friends on Friday nights. He estimated he watched 5-6 movies per month using the service, most of […]

MoviePass cancels yearly plan, refunds annual subscribers | Mashable

MoviePass cancels yearly plan, refunds annual subscribers | Mashable

“It’s not you. It’s me… and my plummeting stock valuation.” In a surprise to absolutely no one, MoviePass has yet another change in store for many of its users. As of today, annual subscribers are getting booted from their unlimited plans and downgraded to three movies per month. The new annual plan was announced via […]