Question

The airline and hospitality industries use______by which they offer discounted but limited early purchases, higher-priced late purchases, and the lowest rates on un-sold inventory just before it expires.

A) Special-customer pricing.
B) Yield pricing.
C) Cash rebates.
D) Location pricing.
E) Customer-segment pricing.

Answer 1

Yield pricing

Step-by-step explanation:

Yield control refers to the variable pricing model based on knowing, forecasting and manipulating consumer preferences to optimize a set, moment-limited resource's sales or income.

As a particular stock-focused sales control division, yield management includes competitive inventory support in order to deliver the right model to the right buyer at the perfect time for the correct price.

Yield management is multidisciplinary, as it combines marketing, procedures and money management aspects into a new strategy that is extremely successful. While planning and executing yield management techniques, yield management analysts often need to collaborate alongside one or more divisions.