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surge pricing

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00:54 Sep 7, 2020
English to Indonesian translations [PRO]
Bus/Financial - Economics
Additional field(s): Business/Commerce (general), Economics, Finance (general), Marketing / Market Research, Social Science, Sociology, Ethics, etc.
English term or phrase: surge pricing
Definition from TapRun.com:
A strategy that increases prices as demand increases and decreases prices as demand shrinks. Energy companies often use this strategy, as the cost of electricity will vary over the course of a day.

Example sentence(s):
  • Apart from the cab industry and the food delivery industry there are other industries which are naturally suited to applying surge pricing in order to alter consumer and service provider behavior. Medium
  • Concerts and sporting events are obvious candidates for surge pricing because they involve large groups of people trying to leave the same place at the same time, which could easily overwhelm the supply of available drivers. But there are also examples of more geographically diffuse surge pricing events, often coinciding with holidays or inclement weather. Todd W. Schneider
  • In fact, surge pricing effectively makes the peak period more attractive for that subset, as there is likely to be less congestion when price-sensitive shoppers shift to off-peak periods. Anderson School of Management
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


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Summary of translations provided
5Harga dinamis
Anastasia Andriani


  

Translations offered


3 hrs   confidence: Answerer confidence 5/5
Harga dinamis


Definition from wikipedia:
penetapan harga dinamis, juga disebut sebagai penetapan harga lonjakan, penetapan harga permintaan, atau penetapan harga berbasis waktu adalah strategi penetapan harga di mana bisnis menetapkan harga fleksibel untuk produk atau layanan berdasarkan permintaan pasar saat ini. Penetapan harga dinamis adalah praktik umum di beberapa industri seperti perhotelan, pariwisata, hiburan, ritel, listrik dan transportasi umum. Setiap industri mengambil pendekatan yang sedikit berbeda terhadap penetapan harga dinamis berdasarkan kebutuhan individu dan permintaan produk.

Example sentence(s):
  • Amazon, Walmart dan Best buy menggunakan strategi/taktik harga dinamis dengan mengubah harga sejumlah produk setiap 10 menit sehari, untuk meningkatkan penjualan. - ruangmuda  
Anastasia Andriani
Indonesia
Local time: 16:50
Native speaker of: Native in IndonesianIndonesian
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