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Surge pricing can be a polarizing topic, but there’s no doubt that the practice does help businesses maximize profits. Although the model was popularized by Uber, and later rolled out by food delivery services and theme parks, it’s something that businesses in almost every vertical can adopt. Not only can surge pricing bring in more revenue during a business’ busiest times — ...
… the 6 pm dinner rush. Although not as common, some restaurants are also charging a premium for reservations during their busiest hours. Here are six hyperlocal platforms that restaurants can use to implement demand-based pricing. 1. Leloca: Make the most of unused capacity. A yield management tool with geo-targeting capabilities, Leloca offers…