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Dynamic pricing. 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. It usually entails raising prices during periods of peak demand and lowering ...
Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
Smart Pricing is SeatGeek’s new algorithm that leverages several machine-learning models to automatically track and adjust the ticket price using data from historical sales of similar events and ...
In a letter to Live Nation CEO Michael Rapino, Sen. Amy Klobuchar calls for a faster shift to the “all-in” price transparency the ticket seller had promised. Ticketmaster's hidden fees remain ...
Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for each unit sold or from the market overall. It can also be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market.
It used to be compulsory to complain about Ticketmaster's near-monopoly and the excessive delivery, facility and service charges it levied on fans for purchasing tickets to their favorite artists ...
The bill doesn’t appear to address price gouging or extravagant fees. It now moves to the Senate, which is floating two separate event-reform bills: the other TICKET Act and a bipartisan Fans ...
Ticketmaster and Live Nation are pledging to give US consumers the actual price of a ticket before they make a purchase, and not the fairyland price they use to lure in customers. President Biden ...
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related to: ticketmaster pricing strategy"convenient to purchase tickets on the go" - TopTenReviews