pricing

Hotel Pricing (MM #5327)

Are you familiar with the concept of dynamic pricing? It’s how airlines, hotels, and even gas stations operate. They determine the price based on market conditions. Availability, or lack thereof, plays a significant factor. And while I understand the concept, it doesn’t make the experience of booking a plane ticket or a hotel room any…

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Electronic Pricing (MM #4843)

Like many companies, Walmart is always looking for more ways to be efficient. At least, that’s their description. Many feel they constantly seek ways to cut personnel costs and increase profits. However you look at it, they’ve announced that they will soon be making a change in thousands of their stores. They plan to move…

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Variable Pricing (MM #3998)

It’s no secret that many companies struggled throughout the pandemic. And now that we’re trying to get back to normal many of those businesses are looking for ways to make up lost revenue. Some of the big movie chains have decided to try variable pricing. That means you could start paying more for popular movies…

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