Airplane rate change
#4

Joined: Aug 2003
Posts: 8,394
Likes: 1
Simple. They have a computer that updates "what the traffic will bear." Seats not selling? Lower the price. Selling well? Raise the price. You've checked the price twice? Raise the price and scare you into paying more for fear of losing out. Checked seven times? Lower it to draw you in. The route is the same but your mileage may vary.
#6
Original Poster
Joined: Jan 2019
Posts: 9
Likes: 0
Well, I'm not talking about the seats but the fact that they sell a seat at a different price each day. Anyway, if you do not want to answer, I do not know why you are bothering to answer my post. Thanks anyway.
#7
Joined: Nov 2005
Posts: 4,968
Likes: 0
You’re welcome. BTW, airlines don’t sell a seat at a different price every day.
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#8
Joined: Jan 2018
Posts: 97
Likes: 0
Some airlines are using what is called “Dynamic Pricing” models. Here’s how it works: an airline identifies the person looking for a flight and mines data for that person’s flying and search history. Amazon does that today to remember your shopping history and can boost the price of popular products using dynamic pricing. As AJPeabody said: “the computer updates what the traffic will bear.”Airlines price tickets as much as the customer/market will bear. Profiling customers into leisure or business groups helps them adjust prices. The way each group is priced is differently. The airlines start prices higher or lower depending on the number of months in advance that the flight is purchased or if it’s a last minute booking. The prices are altered depending upon a customer’s willingness to pay. https://www.smartertravel.com/dynami...rfare-results/
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jewelhawg
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Sep 27th, 2004 05:48 PM





