3. What is Dynamic Pricing? Businesses invest in a consultant and or software. They research the market and use a method of dynamic pricing including: Time Zip code Simultaneous
4. Travel Industry Airlines Hotels Sports and Entertainment Industry Theaters Sports Arena Strassman Curve The History
5. The Future Dynamic pricings biggest obstacle- the Consumer. Amazon.com The consumer can save $ Image marketing
6. Why Dynamic Pricing will Work We are willing to pay different amounts of money for the same exact product. Bottled Water Costs Movie Theater- $3 Vending Machine- $1.50 Bulk 24 Pack- $0.16
7. Educate the Consumer Consumer were outraged at Amazon.coms testing of dynamic pricing. Why not educate the consumer on your company and how it benefits society. Cheapest is not always the best- It takes time and quality to make good products.
8. Learning about Dynamic Pricing Dynamic pricing is simple Read articles Research online stores Look at Dell.com View websites multiple times over a few hours and or days
9. Dynamic Pricing is a worthwhile investment Don’t leave money on the table invest in dynamic pricing. The costs A consultant $1,000+ Software $100+ Researcher $500+
10. Dynamic pricing is the future Use pricing as a tool to sell by changing the price for different customers at the right- place time amount This is the start of something new. Thank you for your time. Please feel free to ask questions.
