There are countless instances when you are sitting in front of your laptop, jumping from one site to another trying to break this code to get the cheapest flight deal possible. The airlines on the other side of the table indulge in extensive analysis themselves and dynamic pricing is their way forward in ensuring that they can sell each ticket to you at a price as inflated as possible. Profiling and consumer specific awareness helps Airline companies in directing their ticket sales towards profitability. The basic crux behind this is to understand the price sensitive behaviour of the two types of airline travellers i.e. business and leisure.
How exactly do airlines price their tickets?
Watch the video to know more.
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