The Bottom Line

Dynamic Pricing: Who Profits?


Listen Later

Everyone wants to get the best price they can when they buy, whether that’s a product, a service or an experience. But the ‘best price’ can look different for different people, and at different times.

Surge pricing, tiered prices, off-peak discounts, time-of-use pricing- technology has enabled more industries to employ dynamic pricing to get the best prices for their products by altering them depending on a range of sophisticated considerations.

But this has made pricing less predictable and left customers feeling like the prices are often stacked against them; most notably after the Oasis reunion tour ticket sales in 2024.

Is dynamic pricing really as bad as we all think? Evan and guests look at the psychology behind consumer perceptions of dynamic pricing, and ask how different industries can utilise the pricing model to benefit themselves and their customers.

Guests:

Richard Howle, founder of RH Insights
Zoisa North-Bond, CEO of Octopus Energy for Business
Marco Bertini, Professor of Marketing at Esade Business School

Production team:

Presenter: Evan Davis
Producer: Mhairi MacKenzie
Production Co-ordinator: Katie Morrison
Sound engineers: Daniel Fox and Steve Greenwood
Editor: Matt Willis

The Bottom Line is produced in partnership with The Open University

...more
View all episodesView all episodes
Download on the App Store

The Bottom LineBy BBC Radio 4

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

32 ratings


More shows like The Bottom Line

View all
Global News Podcast by BBC World Service

Global News Podcast

7,849 Listeners

From Our Own Correspondent by BBC Radio 4

From Our Own Correspondent

376 Listeners

More or Less by BBC Radio 4

More or Less

855 Listeners

Newshour by BBC World Service

Newshour

1,070 Listeners

Wake Up to Money by BBC Radio 5 Live

Wake Up to Money

53 Listeners

Money Box by BBC Radio 4

Money Box

47 Listeners

In Our Time by BBC Radio 4

In Our Time

5,565 Listeners

The Documentary Podcast by BBC World Service

The Documentary Podcast

1,804 Listeners

6 Minute English by BBC Radio

6 Minute English

1,763 Listeners

Learning English Conversations by BBC Radio

Learning English Conversations

1,057 Listeners

Friday Night Comedy from BBC Radio 4 by BBC Radio 4

Friday Night Comedy from BBC Radio 4

2,100 Listeners

The Infinite Monkey Cage by BBC Radio 4

The Infinite Monkey Cage

1,967 Listeners

F1: Chequered Flag by BBC Radio 5 Live

F1: Chequered Flag

776 Listeners

Moral Maze by BBC Radio 4

Moral Maze

65 Listeners

The Life Scientific by BBC Radio 4

The Life Scientific

227 Listeners

The Briefing Room by BBC Radio 4

The Briefing Room

75 Listeners

Political Thinking with Nick Robinson by BBC Radio 4

Political Thinking with Nick Robinson

117 Listeners

Newscast by BBC News

Newscast

744 Listeners

Sliced Bread by BBC Radio 4

Sliced Bread

149 Listeners

You're Dead to Me by BBC Radio 4

You're Dead to Me

3,218 Listeners

Cyber Hack by BBC World Service

Cyber Hack

1,593 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,849 Listeners

The Rest Is Politics: Leading by Goalhanger

The Rest Is Politics: Leading

845 Listeners

The Rest Is Money by Goalhanger

The Rest Is Money

202 Listeners

Radical with Amol Rajan by BBC Radio 4

Radical with Amol Rajan

44 Listeners