You have a question? We have the answer!Here we have summarised the answers to frequently asked questions. Should you have further questions please do not hesitate to get in touch by e-mail: email@example.com.
Price sensitivity fluctuates every day in dependence on a wide variety of factors, such as the weather, the date or the season. A perfect context for dynamic pricing is one involving the combination of a fixed capacity and fluctuating demand. Use dynamic pricing to turn this situation to your advantage by attracting visitors on low demand days, thereby increasing overall visitor footfall. Demand can be re-routed on popular days by increasing prices.
Dynamic pricing brings benefits to both operator and customer alike, as optimized utilization patterns produces a better product experience for the customer; combining this with price transparency and choice, increases customer satisfaction.
The time of booking is also taken into account in footfall management and transformed into an advantage for visitors. Early bookings and visits on days with low demand are rewarded with attractive prices.