Dynamic Pricing Research
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Project Budget$225 - $375 AUD
I need a report on all instances of the use of dynamic pricing by company across industry segments. For all instances I need data/reference points on the case for and against dynamic pricing based on its performance for that instance. I need a full summary of the pros and cons of dynamic pricing and for which industries it works best. All data needs to be referenced and footnoted.
An example of an instance is:
National Basketball Association (NBA)
Dynamic Pricing Instance
All most all NBA teams now use dynamic pricing to sell tickets since 2012.
Case FOR Dynamic Pricing
NBA ticket revenue increased 6% YoY as a result of dynamic pricing. Customer response has been favorable.
Case AGAINST Dynamic Pricing
It may encourage season ticket holders to not renew if dynamic pricing is lower than their average ticket price.
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- The New York Times
- Wall Street Journal
- Times Online