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Dynamic pricing. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based 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 prices during periods ...
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 ...
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 ...
This pricing strategy is frequently used where the value to the customer is many times the cost of producing the item or service. For instance, the cost of producing a software CD is about the same independent of the software on it, but the prices vary with the perceived value the customers are expected to have.
Ticketing companies, including Ticketmaster, pledged to eliminate junk fees and roll out all-in pricing numbers for customers, President Biden announced Thursday. The president was joined by ...
Proposals would bar "dynamic pricing," for event tickets and hidden fees: consumers would pay the advertised cost for event tickets
Contribution margin-based pricing is a pricing strategy which works without any mention of gross margin percentages. (German:Deckungsbeitrag) It maximizes the profit derived from a company's assortment, based on the difference between a product's price and variable costs (the product's contribution margin per unit), and on one's assumptions regarding the relationship between the product's ...
Unfortunately, ticketmaster is using the on-demand ticket pricing. More people interested in the tickets, higher the price is. Section 300 can be $199 one minute & $699 the next.
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