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What Is Yield Management and Why Is it So Important?

Strategy Driven

To remedy this situation in the hospitality industry, a new pricing strategy was developed; the Yield Management strategy. What is yield management? What is yield management and how does it affect your business? So, really, what is yield management ?

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Pricing Strategy: Pricking the Veil of Value Exchange

Strategy Driven

Readers gain a better understanding of the most important influences to consider when making pricing decisions. Combined, the marketing orientation of the firm, and the economic understanding of value exchange, provides the foundation for developing insights required for executive decision making in pricing strategy. Going Deep.

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Five Good Reasons to Champion Auto-Analytics in Your Organization

Harvard Business Review

However, using personal data (emails, calendars, etc) and spreadsheets, some practitioners are developing personal yield management tools. Given the sheer number of tools being developed, this might be the rich area for business experimentation. Auto-analytics can democratize interventions that increase self-awareness.