9 Flashcards
1
Q
One-to-one enterprise concept
A
related to long tail, companies learn about their customers needs and preferences
2
Q
Companies need to dominate one field, and
A
differentiate itself in a secondary field
3
Q
Reservation price
A
Max price willing to spend on a product by consumer
4
Q
4 Dynamic pricing conditions
A
- Capacity Restrictions
- Demand Variability
- Seasonality in demand
- Length of the planning horizon bigger the better
