Dynamic pricing: Difference between revisions
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''' | '''{{Wplink|Dynamic pricing}}''' is an umbrella term, which refers to a pricing strategy of modifying the price of a product or service according to market demands and/or consumer-identifying information. This definition includes '''surge pricing''', '''surveillance pricing''', '''demand pricing''', '''time-based''' '''pricing''' and '''variable pricing'''. | ||
==How it works== | ==How it works== | ||
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==Examples== | ==Examples== | ||
*[[Wendy's]] introducing dynamic pricing in 2025 for "getting more breakfast customers in".<ref>{{Cite web|url=https://www.npr.org/2024/02/28/1234412431/wendys-dynamic-surge-pricing|title=No, Wendy's says it isn't planning to introduce surge pricing|work=NPR|date=2024-02-28|first=Joe|last=Hernandez}}</ref> | *[[Wendy's]] introducing dynamic pricing in 2025 for "getting more breakfast customers in".<ref>{{Cite web|url=https://www.npr.org/2024/02/28/1234412431/wendys-dynamic-surge-pricing|title=No, Wendy's says it isn't planning to introduce surge pricing|work=NPR|date=2024-02-28|first=Joe|last=Hernandez}}</ref> | ||
*In their Q2 2025 Earnings Calls, [https://www.delta.com/ Delta Air Lines] CEO and Director Edward Herman Bastian is quoted stating the company is "optimizing revenue through our partnership with Fetcherr, leveraging AI-enhanced pricing solutions"<ref>{{Cite web |date=2025-07-10 |title=Delta Air Lines, Inc. Q2 2025 Earnings Call |url=https://s2.q4cdn.com/181345880/files/doc_earnings/2025/q2/transcript/CORRECTED-TRANSCRIPT_-Delta-Air-Lines-Inc-DAL-US-Q2-2025-Earnings-Call.pdf |access-date=2026-05-06 |website=Delta Air Lines |page=5}}</ref>. | |||
==See also== | |||
*[[Value based pricing]] | |||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
[[Category:Common terms]] | [[Category:Common terms]] | ||