Ethics and Pricing – Part 2: General Considerations and Essentials
The strategy any business follows to set the price of its products and services has a profound effect on its revenue and overall outlook. According to McKinsey, 1% increase in…
DynamO Wins First Prize at Startup Night Budapest
Previously, we have hinted that DynamO would participate at this year's Startup Night as an exhibitor. We are delighted to share that in its category, DynamO has won the first prize of the Startup Europe…
DynamO Expert Presents at Pricing Conference in Berlin
Our expert, Pal Danyi, PhD, will give a presentation on Artificial Intelligence in pricing as an invited speaker at the 15th Annual European & Global Pricing Conference in Berlin on…
DynamO Among the Exhibitors of this Year’s Startup Night in Budapest
DynamO has recently participated at the BE SMART startup contest organized by the Budapest Enterprise Agency. As a finalist in the competition, Dynamo has been granted a booth space at…
Dynamic Pricing of Movie Tickets by DynamO – Dependence of the Extra Revenue on the Boundary Conditions
Following the recent introduction of DynamO's unique simulation tool, now we also share some of the results yielded by our deep analysis on a large set of data that we…
DynamO’s Unique Dynamic Simulation Tool is Available for Tests at Request
We are proud to announce that DynamO has developed a one-of-a-kind simulation platform that models the demand for dynamically priced movie tickets in different scenarios, and also showcases what benefits…
Recap of DynamO’s 2019 H1
Time flies by fast, but DynamO is keeping up the pace. As the first half of 2019 is coming to an end, let us recap some of the key developments…
Ticket Pricing in Theaters
Theater performances in bigger cities often have attendance rates close to 100%, and tickets of popular theaters are sold out weeks or even months before the shows, which is a…
Ethics and Pricing – Part 1: Price Gauging in Dynamic Pricing
Dynamic pricing is getting increasingly accepted in everyday life, but certain aspects of it still alienate or repulse customers and evoke heated debates and complaints. In this first part of…
Dynamic Pricing, the Winning Pricing Strategy
Dynamic pricing is a pricing strategy where prices are being adjusted according to supply and demand in order to maximize profits. The first sophisticated dynamic pricing algorithm had been developed…
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