ReserveX: Location Based Marketing and Selling More Tickets
I’ve always been interested in the theories and practices behind pricing and yield management… I am not much of a shopper, but when I do go shopping I frequently find myself wondering why things cost what they do, and the seemingly randomness to how sellers sometimes price things.
Forget about having me book an airline ticket, I’ll spend a week on Expedia with all those awesome options to work with… well what if I try these days, in to these airports within a 50 miles radius, with these times… now I wonder what will happen if I can try to arbitrage either two one ways, or throw in that trip to Denver next month trying to cross book that return with this departure using the same flight numbers… what fun!
So you can only imagine my excitement when I heard about what a company ReserveX was looking to do tying together location based marketing with yield management designed for tickets sellers. Read more
