I attached the requirement below, please read carefully and write your ananlysis, you don’t need to use APA style, only 500 words will be ok. Do not write definition and just get point.
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When companies changed prices, it was at rather infrequent intervals (hotels might
raise prices during peak and shoulder seasons), ski resorts might charge a higher
price during holiday weekends. This fascinating article shows that companies using
data rich information are getting savvier at raising prices at more frequent intervals,
even day by day or hour by hour. Rapid price change have the potential to contribute
greatly to a company’s bottom line.
Please brainstorm companies that could use faster incremental pricing changes as a
way to raise revenues and ultimately, the bottom line. Write your ideas.
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