3 ms·
This is how dynamic pricing for event tickets works. Everyone uses the same software which prices tickets across all secondary and primary markets. One way to c
by dataviz1000 3y ago
This is how dynamic pricing for event tickets works. Everyone uses the same software which prices tickets across all secondary and primary markets. One way to create artificial scarcity to inflate prices is not offer tickets or apartments for rent. Another way is to initially charge outrageous prices so that a less outrageous price is more appealing. Like a parent paying outrageous prices for a Taylor Swift concert months in advance insure that their child can see the show for their birthday people looking for apartments are forced at the artificially inflated prices because that location has their employment and social connections.