The practices of revenue management and pricing analytics have
transformed the transportation and hospitality industries, and are
increasingly important in industries as diverse as retail,
telecommunications, banking, health care and manufacturing.
Segmentation, Revenue Management and Pricing Analytics guides students
and professionals on how to identify and exploit revenue management and
pricing opportunities in different business contexts.
Bodea and Ferguson introduce concepts and quantitative methods for
improving profit through capacity allocation and pricing. Whereas most
marketing textbooks cover more traditional, qualitative methods for
determining customer segments and prices, this book uses historical
sales data with mathematical optimization to make those decisions. With
hands-on practice and a fundamental understanding of some of the most
common analytical models, readers will be able to make smarter business
decisions and higher profits.
This book will be a useful and enlightening read for MBA students in
pricing and revenue management, marketing, and service operations.