OnDemand WTP Pricing Research

Tag: Personalized Pricing

Travel Industry Leverages AI in Most Entrancing Ways for Advanced Customer Experience | Analytics Insight

Travel Industry Leverages AI in Most Entrancing Ways for Advanced Customer Experience | Analytics Insight

The adoption of new-age technologies such as Big Data, Analytics, AI, Machine Learning and others, has accelerated the growth of travel sales at digital plethora in the past few years. Out of all the technologies, big data and machine learning play a significantly important role in driving success to the business. Reportedly, in 2016 alone, […]

4 ways to rethink airline RM in a personalised world | EyeforTravel

4 ways to rethink airline RM in a personalised world | EyeforTravel

Travel suppliers were early adopters of analytical tools for demand forecasting and pricing, but the drive to personalisation is making RM work harder. Tom Bacon explains Revenue management (RM) has certainly always been highly quantitative – requiring unique statistical and business-analytical skills to optimise use of sophisticated systems. Today, however, personalisation drives RM to ever-higher […]

Detroit music festival sets ticket prices based on race | Washington Examiner

Detroit music festival sets ticket prices based on race | Washington Examiner

The AfroFuture music and arts festival in Detroit is facing controversy after ticket sales began to use different pricing for people based on the color of their skin. The pricing offers lower rates for tickets purchased by “people of color” than it does for “non-people of color.” Early bird tickets for “POC” are $10 and […]

Why dynamic pricing will transform travel distribution | EyeforTravel

Why dynamic pricing will transform travel distribution | EyeforTravel

Smarter pricing structures will allow travel brands to create more relevant prices for their customers, boosting revenue and loyalty, finds a new report Pricing within the travel industry is evolving to match consumers and what they are willing to pay far more accurately as a result of a better understanding of impacting variables and more […]

Airfares more than double for India sector from UAE | Khaleej Times

Airfares more than double for India sector from UAE | Khaleej Times

Expat families are busy packing for their vacation starting this weekend as schools close – except that, this time, they feel pinch of the summer airfare hike. With less flights and high demand, ticket fares have skyrocketed up to 50 per cent, according to industry experts, who believe that the situation is mainly driven by […]

Pricing and distribution havoc hits in-destination with rise of OTAs: Klook’s Fan predicts shift to dynamic pricing | WIT

Pricing and distribution havoc hits in-destination with rise of OTAs: Klook’s Fan predicts shift to dynamic pricing | WIT

She added, “I am careful about where I want my brand to be seen. I sell tickets on Google and I pay commission to TripAdvisor because I pay for a booking that comes to me, not like spending on Google Ad Words which is like shooting in the air. If I work with a travel […]

Amazon Threat to FedEx Is No Longer ‘Fantastical’ | The Washington Post

Amazon Threat to FedEx Is No Longer ‘Fantastical’ | The Washington Post

FedEx Corp. may finally be waking up to the threat Amazon.com Inc. poses to its business model. The logistics company is offering big discounts to help fill the planes in its Express delivery network with more e-commerce shipments, according to the Wall Street Journal, which cited people familiar with the matter. The deals are being […]

Startup lets you rent out your own car by the hour | NZ Herald

Startup lets you rent out your own car by the hour | NZ Herald

The idea behind YourDrive is that you can rent out your car during downtime – be it while you’re at work or away for a few days. The startup has software that will suggest hourly and daily pricing based on make and model, but an owner can override it if they choose. Ellison says allowing […]

Amazon shows a 43% price difference in the same item shipped to the same address, but to a different account | Boing Boing

Amazon shows a 43% price difference in the same item shipped to the same address, but to a different account | Boing Boing

Internet Archive founder Brewster Kahle (who also founded the company Alexa, now an Amazon division) ordered a pack of Sharpies from Amazon using the Internet Archive’s business account, then, minutes later, ordered another pa ck using his personal account, both to be delivered to the Internet Archive: the order for the Internet Archive was priced […]

What Is the ‘Pink Tax?’ New York Lawmakers Could Soon End Discriminatory Pricing of Women’s Products | Newsweek

What Is the ‘Pink Tax?’ New York Lawmakers Could Soon End Discriminatory Pricing of Women’s Products | Newsweek

The state of New York could soon pass a bill which would make it illegal for products to be priced higher when they are aimed towards women. Senate Bill S2679, sponsored by Democratic senator Shelley B. Mayer, hopes to address a long-standing issue of toys, clothing or personal hygiene products such as shampoo or razors […]