Posts Tagged ‘yield management’

  • Prices convey information.

    Speed Pricing

    Sep 6, 12 • 319 Views • No Comments

    What does a price tell you? Assume that you were going to purchase a GE Advantium 120 microwave oven on Sunday, August 12. Comparing Sears, Best Buy and Amazon’s sellers at 3 a.m., you would have seen, respectively, $899.99, 809.99 and 744.46. At...  [read more]

  • Dynamic Pricing for Tickets Displays the Power of Prices

    Broadway and Airlines

    Nov 26, 11 • 313 Views • No Comments

    Have you ever hesitated to book an airline reservation and, within moments, the price changed? Or, could you have known that delaying your purchase of a ticket to God of Carnage in LA last summer would have saved you almost $70? The reason is “dynamic...  [read more]

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    Baseball Games and Airline Fares

    Jun 29, 10 • 247 Views • No Comments

    How much will the San Francisco Giants charge for a baseball ticket? It all depends on, “past ticket sales, the day and time of the game, the teams’ records, the pitching match-up, the weather, the going rate on resale Web sites like StubHub and...  [read more]