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Dont you know who i am ???
Dont you know who i am ???
by camionpilot » Sat Feb 24, 2018 6:28 pm
With reference to (copied from) http://uk.businessinsider.com/airlines- ... ple-2018-2
"It’s common knowledge that passengers pay different prices for their seats. Someone who bought well in advance is likely to have paid a different airfare than a passenger who purchased their ticket at the last minute, while those who set flight alerts have a good chance of scoring a deal.
But according to one software company, airlines may soon begin charging passengers different prices based on who they are.
Revenue management software company PROS — which works with more than 80 international airlines — said that select airlines have already begun implementing “dynamic pricing” structures on their websites.
“2018 will be a very phenomenal year in terms of traction,” John McBride, director of product management for PROS, told Travel Weekly. “Based on our backlog of projects, there will be a handful of large carriers that move toward dynamic pricing science.”
Dynamic or “surge” pricing is an economic strategy wherein companies price services based on demand (think Uber charging more for rides in the rain or at rush hour). And although airlines have already implemented this type of fare — for example, making flights around the holidays more expensive — using new technology, they can tailor fares to specific passengers.
Airline websites will be able to identify customers by their IP addresses and mine data for their flying history. The revenue management system would then create a person-specific fare based off criteria like loyalty status or business/leisure traveler. Loyal customers and leisure travelers would likely pay less, while those who are willing to pay more — like business travelers with a company credit card — would likely see higher prices.
However, before airlines implement a “pure” version of dynamic pricing, reports Travel Weekly, they have to move away from the legacy distribution system put in place after 1978 deregulation. Airline pricing has a limited number of fare classes, each with their own price points and restrictions. Airlines rotate which fare classes are available through their sale cycles. While current customers may believe their fare is unique, they’ve actually fallen into a specific fare class.
If airlines switch to dynamic pricing, each customer on the plane could, theoretically, pay a completely different price. As George Hobica notes in USA Today, dynamic pricing could make finding a good price on airfare even more confusing than it already is"
And there was silly me thinking ..them fatuns are going to pay more ........!!!!!!!
"It’s common knowledge that passengers pay different prices for their seats. Someone who bought well in advance is likely to have paid a different airfare than a passenger who purchased their ticket at the last minute, while those who set flight alerts have a good chance of scoring a deal.
But according to one software company, airlines may soon begin charging passengers different prices based on who they are.
Revenue management software company PROS — which works with more than 80 international airlines — said that select airlines have already begun implementing “dynamic pricing” structures on their websites.
“2018 will be a very phenomenal year in terms of traction,” John McBride, director of product management for PROS, told Travel Weekly. “Based on our backlog of projects, there will be a handful of large carriers that move toward dynamic pricing science.”
Dynamic or “surge” pricing is an economic strategy wherein companies price services based on demand (think Uber charging more for rides in the rain or at rush hour). And although airlines have already implemented this type of fare — for example, making flights around the holidays more expensive — using new technology, they can tailor fares to specific passengers.
Airline websites will be able to identify customers by their IP addresses and mine data for their flying history. The revenue management system would then create a person-specific fare based off criteria like loyalty status or business/leisure traveler. Loyal customers and leisure travelers would likely pay less, while those who are willing to pay more — like business travelers with a company credit card — would likely see higher prices.
However, before airlines implement a “pure” version of dynamic pricing, reports Travel Weekly, they have to move away from the legacy distribution system put in place after 1978 deregulation. Airline pricing has a limited number of fare classes, each with their own price points and restrictions. Airlines rotate which fare classes are available through their sale cycles. While current customers may believe their fare is unique, they’ve actually fallen into a specific fare class.
If airlines switch to dynamic pricing, each customer on the plane could, theoretically, pay a completely different price. As George Hobica notes in USA Today, dynamic pricing could make finding a good price on airfare even more confusing than it already is"
And there was silly me thinking ..them fatuns are going to pay more ........!!!!!!!
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camionpilot - Posts: 2037
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Re: Dont you know who i am ???
by dottyp53 » Sat Feb 24, 2018 8:12 pm
Dynamic pricing has been happening for a while.
Ever tried to book a holiday/flight using different browsers???
There are certain holiday companies whose prices are higher when booked via Internet Explorer than they are via Google Chrome, Firefox or Safari!
Ever tried to book a holiday/flight using different browsers???
There are certain holiday companies whose prices are higher when booked via Internet Explorer than they are via Google Chrome, Firefox or Safari!
- dottyp53
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Re: Dont you know who i am ???
by Jan » Sat Feb 24, 2018 11:12 pm
Open an Incognito window browser - I worked out a couple of years ago that while looking at flights, on the airline website, the prices started to go up when going back into the website to look again and then after thinking about which flights to choose and going back in, they sometimes go up again. We all browse flights and flight times before deciding what to buy, going back and forth onto the website(s).
I now use an incognito browser whenever looking at flights and the prices appear to stay stable. The " New incognito window" browser is usually top far right of the browser bar, click the three little vertical dots and it will be in that list.
I now use an incognito browser whenever looking at flights and the prices appear to stay stable. The " New incognito window" browser is usually top far right of the browser bar, click the three little vertical dots and it will be in that list.
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Jan - Site Admin
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Re: Dont you know who i am ???
by essbea » Sun Feb 25, 2018 12:25 am
I never put in exact dates either, just a spread across several weeks, so they're not sure of my precise travel plans
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