dynamic pricing

noun

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

Example Sentences

Fifa is also adopting a 'dynamic' pricing model for the tournament, meaning ticket prices for matches deemed high demand could be raised significantly during later sales periods.

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"Dynamic pricing has really been a thing here for more than a decade," said Scott Friedman, found of the Ticket Talk Network in the USA.

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The transport expert, Emeritus Professor Stuart Cole, says big differences in prices have emerged over the years because of dynamic pricing by rail companies.

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Many expressed outrage over allegations that Ticketmaster used "dynamic pricing" - where ticket prices rise and fall according to demand - prompting the CMA to launch an investigation into the sale.

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Even Oasis appeared to believe that dynamic pricing had been employed, issuing a statement saying they had not agreed to the practice in advance.

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