Lynne Kiesling over at Knowledge Problem picks up on the pricing strategies of a new restaurant in Chi-town (Next). Pretty cool stuff. As Lynne explains: But the pricing feature about which I will rhapsodize is, of course, the dynamic pricing: “Saturday at 8 PM will be more expensive than Wednesday at 9:30 PM”. This price [...]
Entries Tagged as 'Other Markets'
New pricing for Next restaurant experience
May 10th, 2010 · 1 Comment · Other Markets, Ticketing
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Managing risk in the movie business
October 11th, 2009 · No Comments · Other Markets
It appears there are not one, but three companies involved in the management of risk in the movie industry via markets. The FT has a nice piece on Veriana, the latest entrant. HSX (via Cantor Fitzgerald) and Icap are the others. While these markets have yet to start running (and reducing risk), they do seem [...]
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Interesting fact of the day: the wireless spectrum is being overloaded
October 8th, 2009 · No Comments · Other Markets
From the FT: “We’re seeing a disproportionate number of users driving consumption [of the wireless spectrum],” Ralph de la Vega, AT&T Mobility president, said at the conference. “If we don’t find a way to keep them from crowding out others, we’re going to have a very significant issue.” Mr de la Vega said the top [...]
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ProTrade closes
October 2nd, 2009 · 3 Comments · Other Markets, Product Development
When ProTrade first came out I thought they had a great idea. Dubbed the sports stock market, users could “buy” and “sell” pro athletes for play money. Presumably there were prizes for top performers. But when you went to the site the UI was pretty poor, and from what I saw last week, just before [...]
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You, the experience good
September 13th, 2009 · No Comments · Fun, Market Definitions, Other Markets
I have written before about experience goods (as opposed to search goods) and the impact of these concepts on the ecommerce user experience, but quite frankly it never occurred to me to think of people as experience goods. But that has been corrected thanks to a new paper about online dating (Frost, Jeana H., Zoe [...]
Buy low … go race a horse
April 13th, 2009 · No Comments · Auction Markets, Fun, Other Markets
From the FT: “Prices just fell off a cliff,” says Dina Astell of the Racehorse Owners Association. “Trainers who used to get credit from their banks stopped getting credit.” Now all eyes are on the sale of two year olds, hosted by Tattersalls, to be held tomorrow and Wednesday. It uses the old English coinage [...]
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Buy low dot com
February 18th, 2009 · No Comments · Other Markets
Continuing our series …. The FT reports (Downturn hits domain names) today that the demand for new domain names has been falling during the downturn. But a closer look at the numbers shows some interesting disparities among countries. To quote the article: The Russian domain .ru saw growth of 11 per cent and the Chinese [...]
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Buy low, eat … badly
January 2nd, 2009 · No Comments · Other Markets
From the FT we find out that fast food restaurants are doing well in the downturn, for obvious reasons. But what we didn’t know was that things were so bad for fund managers that some have apparently taken to eating at fast food restaurants as well. The real question here, though, is: are they just [...]
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Buy low, eat lobsters
November 12th, 2008 · No Comments · Fun, Other Markets
The only problem with declining prices, of course, is that sellers suffer. Iran and Venezuela don’t seem to be able to survive with the price of a barrel of oil under $70 (which does make you wonder how they survived before the price peak, which wasn’t that long ago). Closer to home is the poor [...]
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