The New Pairing: Hospitality and Dynamic Pricing

Posted by Lara McLeod on September 11, 2018

 

With dynamic pricing infiltrating so many aspects of our lives, it is less surprising each time a new industry joins the bandwagon.

Given the popularity of dynamic pricing in travel costs (read more with Pricing Strategies for Tour Operators and Online Travel Agents), it is not a shock that hospitality as a whole appears to be looking at stirring up how they price their businesses.

This is true of hotels and also restaurants, the newest thread of hospitality to join in with dynamic pricing in a bid to increase profits and sustainability.

Read More

Topics: Dynamic Pricing, Dynamic Pricing Software, hospitality

Please Stop Confusing People With Your Pricing

Posted by Lara McLeod on August 21, 2018

 

Confusing prices and pricing strategies could be puzzling your customers - and impacting your profits negatively. 

Read More

Topics: Dynamic Pricing, Customers

Heads Up, Dynamic Pricing Software is Changing Ecommerce

Posted by Emmanuel Aremu on July 5, 2018

 

Change in the ecommerce sector has arrived - and it’s dynamic pricing software!

Read More

Topics: Dynamic Pricing, Dynamic Pricing Software

What is Dynamic Pricing?

Posted by Moira McCormick on January 17, 2017

Want to change your prices in real time to adjust to market conditions?  Want to keep up with your competitors at all times?  Well, dynamic pricing might be the answer you are looking for.

Read More

Topics: Pricing, Dynamic Pricing

6 Tips to Improve Your Dynamic Price Optimisation Model

Posted by Moira McCormick on October 6, 2016

Dynamic pricing is the way forward because it's a pricing strategy where prices change in response to real-time supply and demand.

Read More

Topics: Dynamic Pricing, BlackCurve, Dynamic Price Optimisation Model, Dynamic Price Optimisation

8 Reasons Why You Need Price List Software

Posted by Philip Huthwaite on September 22, 2016

It's really not rocket science – in order to maximise your profits and stay ahead of the competition you know you have to price at the optimum level.

In order to achieve this, what your business needs is an accurate price management system (definitely not spreadsheets) – and the modern, accurate and most efficient solution to all your pricing demands is to invest in price list software.

Read More

Topics: Configure Price Quote, Pricing Software, Pricing, Dynamic Pricing, Online Pricing, Smart Pricing, BlackCurve, Price List, Price List Software

5 Signs You're Smarter at Pricing Than You Think

Posted by Moira McCormick on September 6, 2016
Do you have any nagging doubts that you might not be getting quite the optimum price for your products or services?  Are you confident you always utilise your skills, expertise and know-how to squeeze out those extra profits for your business?
Read More

Topics: Pricing, Dynamic Pricing, Smart Pricing, Psychological Pricing, Value-based Pricing, Product Oriented Pricing, Penetration Pricing

What Are the Most Popular Pricing Strategies by Industry Sector?

Posted by Moira McCormick on April 28, 2016

 

Pricing is one of the four elements of the marketing mix, along with product, place and promotion. An effective pricing strategy is vital for companies who wish to achieve success by finding the price point where they can maximize sales and profits. Companies may use a variety of pricing strategies, depending on their own unique marketing goals and objectives – and also on which industry they represent.

Read More

Topics: Pricing Strategy, Pricing, B2B, Retail, Dynamic Pricing, Manufacturing, B2C, Cost Plus

How to Implement Dynamic Pricing Without Harming Your Bottom Line

Posted by Moira McCormick on January 25, 2016

According to Forrester, an independent technology and market research company, dynamic pricing is “an innovative pricing mechanism made possible by recent advances in information technology… that allows online companies to adjust the prices of identical goods.”

Read More

Topics: DPS, Dynamic Pricing, Surge

    Most Popular

    Topics

    See all