The rise of dynamic pricing
Business Daily
English - January 30, 2024 00:01 - 18 minutes - 8.52 MB - ★★★★ - 478 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: How can tourism become more accessible?
Next Episode: Should dynamic pricing be regulated?
The retail strategy allows companies to constantly tweak their prices in response to changes in the market.
In the first of two programmes, we look at how dynamic pricing works in the airline industry, at ride-hailing companies like Uber and on India’s sprawling rail network.
And we speak to a director of e-commerce at US electronics firm Harman International, who tells us how dynamic pricing has enhanced its business, increasing revenue, margins and making the company more efficient.
Archive of India: Our trains, electric, used courtesy of Made In Manchester.
Presented and produced by: Gideon Long
(Image: The Mumbai to Solapur Vande Bharat Express at Pune India. Credit: Getty Images)