Dynamic pricing is typically used to increase ticket sales on low attendance days, offer fans discounts on concessions.
What is dynamic pricing?
Dynamic pricing is used to set the price of tickets based on the situation of the demand and reduce the number of unsold tickets.
It is used to adjust the prices that tickets are sold during sports which can be based on such variables as demand, weather, team performance and even pitching match-ups.
Therefore, Dynamic pricing is typically used to increase ticket sales on low attendance days, offer fans discounts on concessions.
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