Wendy’s is looking to test having the prices of its menu items fluctuate throughout the day based on demand, implementing a strategy some refer to as "surge pricing" with ride-sharing companies and ...
In today’s fast-paced, ever-changing market, traditional promotional pricing — often planned in advance using historical data ...
Avy Punwasee is a Partner at Revenue Management Labs. We help companies develop and execute pricing solutions to maximize profits. Picture this: You open your favorite fashion app and spot a jacket ...
As founder and CTO of BetterBasket, working on grocery pricing, I’ve had the opportunity to experience firsthand the operational burden and obscurity that characterizes price setting within a grocery ...
A Wendy’s Co. restaurant in New York City.. Photo: Yuki Iwamura/Bloomberg Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants. The burger chain clarified ...
Six months after Wendy’s started a fierce debate about the fairness of dynamic pricing in restaurants, with consumers comparing price fluctuations throughout the day to Uber surge pricing policies, ...
As the technology continues to evolve, the key differentiator will be how companies use these tools to create value for both themselves and their customers. The Fast Company Executive Board is a ...
The new Dynamic PriceBuilder system from SMC³ pairs a carrier’s specific cost model with a flexible business rules engine to enable strategic, dynamic price generation. SMC³ said, in a press release, ...
It was curious that critics overlooked comparisons to hotels, airlines and concert promoters who have been using this tactic for years. A restaurant selling fresh fish in Boston or Seattle can set its ...
When we think dynamic pricing, we usually think of airlines, Uber or Amazon quickly changing their prices. But now, dynamic pricing is coming to a supermarket near you. More and more, the things we ...
The Manchester City fans at the Camping World Stadium in Orlando had come from all over North America, and like every fan at Fifa’s Club World Cup finals, they paid for tickets according to the ...
The men’s World Cup coming to the United States, Canada and Mexico next summer will feature dynamic ticket pricing, a tool with the potential to send ticket prices soaring. As reported by The Athletic ...
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