dynamic pricing


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dynamic pricing

n
(Commerce) commerce the practice of offering goods at a price that changes according to the level of demand, the type of customer, the state of the weather, etc
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Source: Puget Sound Energy Note: Table made from bar graph EXHIBIT 3 Dynamic pricing delivers Potential savings from dynamic pricing, (1) $ billion Small commercial, Residential industrial 5-8 1-2 Percent of total value 53 10 Percent of total load 40 10 Large commercial, industrial Total 4-5 10-15 Percent of total value 37 100 Percent of total load 50 100 (1)Assumes customers shift 5-8% of peak load to off-peak hours and curtail additional 4-7% of resulting peak load; savings based on actual prices and load for PJM (Pennsylvania, New Jersey, Maryland) Interconnection in 2000 extrapolated to national load; paek hours defined as highest 10% of daily and annual prices.
OpenSite Technologies is offering a free white paper titled, "The Dynamic Pricing Revolution," detailing the trends in e-commerce and the dramatic role that online auctions will play.
Markets with different pricing models are often handled separately, but future net-market winners will support both spot markets with dynamic pricing and fixed-pricing markets.
Webhouse, an American internet company plans to introduce "dynamic pricing" to British stores.
Hotel Superhero's benefits include hotel management technology, quality control support, staff training support, pre-screened vendors, credit facility, management of property's OTA ( online travel agency ) listings and dynamic pricing solutions.
DealPoint makes dynamic pricing a reality, and is the only solution tailored to each individual bank's pricing models and processes.
TheVue say that they operate a "dynamic pricing policy"which enables them to vary prices from venue to venue.
Additionally, we began the rollout of our sophisticated new revenue management system with algorithms that will assist us with dynamic pricing and setting fleet levels based on the available demand."
Dynamic pricing at the Royal Golf Club has now been activated.
BedSurge will use his knowledge of dynamic pricing to place the properties in blocks, replicating a hotel's ability to maximise returns as demand increases and provide the best price to ensure rooms are taken at the best price for the client.
PROS (NYSE: PRO) has reported that TAP Portugal has selected PROS Real-Time Dynamic Pricing (RTDP) to expand its global distribution and revenue management strategy, the company said.
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