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.

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Topics: Dynamic Pricing, Dynamic Pricing Software, hospitality

Drowning in Pricing Data? Dynamic Pricing Could be Your Solution

Posted by Moira McCormick on August 28, 2018

In his article "How to Implement Dynamic Pricing without Sacrificing Margins or Customers”, Arie Shpanya confirms what we probably already knew, that Amazon is still the reigning champion of dynamic pricing. 

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Topics: Pricing Techniques, Dynamic Pricing Software

Strategy + Psychology = Perfect Pricing

Posted by Lara McLeod on August 20, 2018

Dynamic pricing strategy is incredibly important when it comes to pricing your products. It allows real time pricing, whilst factoring in a wide range of different elements that could impact the price of your product.  

However, while pricing software becomes increasingly sophisticated and advanced, there are still certain pricing tricks that speak to our inherent value-minded brains.   

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Topics: Optimise Prices, Subscription Pricing, Dynamic Pricing Software

How To Be Savvy and In Control When Raising Prices

Posted by Moira McCormick on August 1, 2018

Price is dependent on the state of the market, what the competition is up to - and how good your product or service is. It’s always difficult deciding how much to charge, especially if you are looking to increase prices.  

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Topics: Rising Prices, Dynamic Pricing Software

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!

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Topics: Dynamic Pricing, Dynamic Pricing Software

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