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Revenue-oriented pricing: (also known as profit-oriented pricing or cost-based pricing) - where the marketer seeks to maximize the profits (i.e., the surplus income over costs) or simply to cover costs and break even. [3] For example, dynamic pricing (also known as yield management) is a form of revenue oriented pricing.
A changeable prices menu at a fast food stand on Emek Refaim Street in Jerusalem. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands.
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Algorithmic pricing is the practice of automatically setting the requested price for items for sale, in order to maximize the seller's profits. Dynamic pricing algorithms usually rely on one or more of the following data. Probabilistic and statistical information on potential buyers; see Bayesian-optimal pricing. Prices of competitors.
Booming demand for its AI chips pushed its share price ever higher with a market cap of more than $3.5 trillion at its peak in November. Apple has since regained its crown with a valuation of ...
The main service provided by VG Chartz is weekly charts of hardware and software sales for the video game consoles sold by Nintendo, Sony, and Microsoft. This data is presented in three separate charts that each cover one of the three main video game markets ( Japan , North America , and EMEAA encompassing Europe , Middle-East , Africa and Asia ).
The oldest known tablet inscribed with the Ten Commandments from the Old Testament sold on Wednesday for $5.04 million, more than double its high estimate. The stone, which dates back around 1,500 ...
Trump said he’s heard that the number of autism cases has dramatically increased from more than one in 100,000 about 30 years ago to “one in 100” now.