dynamic pricing

noun

commerce offering goods at a price that changes according to the level of demand, the type of customer, or the state of the weather

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Example Sentences

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Being able to spend a few pounds and take in music is something that is increasingly rare, with major concerts often costing three figures, aided by controversial dynamic pricing systems - where the cost can increase if demand is high.

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Ticketmaster subsequently denied using "dynamic pricing" to manipulate prices.

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Amid the fall-out, Oasis issued a statement saying they had no "awareness that dynamic pricing was going to be used" in the sale of tickets for the initial dates.

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The CMA did not comment on the issue of dynamic pricing, but said that Ticketmaster made it difficult for Oasis fans to make "informed choices".

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For some tours, including Beyoncé's last one, prices go up as they are adjusted, based on demand, due to Ticketmaster's "dynamic pricing" scheme.

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dynamic meteorology dynamic psychiatry

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