personalized pricing

personalized pricing
(PUR.sun.uh.lyzd PRY.sing)
n.
Offering different retail prices to different customers for the same product.
Example Citation:
Is the day when Internet retailers change their prices based on how badly you want something just around the corner?
A recent pricing experiment at Amazon.com raises the question of just how far e-retailers will take personalized pricing. The giant online seller had been offering customers different prices for DVDs. The price changes were random, Amazon insists.
— Janet Adamy, "Price test may hint at future," The Dallas Morning News, September 21, 2000
Earliest Citation:
Personalized pricing will also come into vogue in the next five years. New account representatives will interview customers, display a smorgasbord of financial services, and then draw up a plan for each individual customer that will be priced on the total relationship.
— Jack W. Whittle, "Regulatory Restrictions Fade Out, New Strategies Fade In," The American Banker, October 16, 1985
Related Words: Categories:

New words. 2013.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Personalized marketing — (also called personalization, and sometimes called one to one marketing) is an extreme form of product differentiation. Whereas product differentiation tries to differentiate a product from competing ones, personalization tries to make a unique… …   Wikipedia

  • value-based pricing — n. The practice of charging different prices to different consumers for the same product, based on what that product is worth to each consumer. Example Citation: What exactly is yield management? Essentially, it s value based pricing. A product s …   New words

  • Microsoft Dynamics GP — is a mid market business accounting software or ERP Software package marketed in North and South America, UK and Ireland, the Middle East, Singapore, Australia and New Zealand. It is used in many additional countries with partner supported… …   Wikipedia

  • dynamic commerce — n. The selling of goods and service via negotiated pricing, particularly via online auctions. (Also known as dynamic pricing and, inevitably, dcommerce or d commerce.) Example Citation: Andy Zoldan, vice president of Internet applications at… …   New words

  • Marketing — ad creep advergame advermation advertecture advertorial alpha pup bandit sign barnumize …   New words

  • Amazon — v. To take away business from a more established rival by being the first to build an online presence. Example Citation: Although [Amazon.com CEO Jeff] Bezos emphasizes his obsession with the customer and plays down his concern with rivals, the… …   New words

  • Retail — anchor store BAM battery boutique big box store Black Friday bricks and mortar cash mob checkout line ra …   New words

  • drop your pants — v. To lower the price of a product to close a sale. Example Citation: The Burn Artist is expecting to close a sale of an e shop merchant system. It will be an enterprise wide sale, thousands of seats. He is going to drop his pants from $15… …   New words

  • e-tailer — n. An Internet based retail operation. e tailing n. Example Citations: Yahoo was part of last year s hot Internet play: search engines. Now, if stock peddlers have their way, it s the turn of Internet retailers or e tailers, as they re known.… …   New words

  • self-checkout — (SELF chek.owt) n. A retail system that enables a customer to enter and pay for purchases without the aid of a cashier. adj. Example Citation: Nearly a quarter of all supermarket chains offer self checkout, up from only 6 percent in 1999,… …   New words

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”