Definition of yield management in English:
The process of making frequent adjustments in the price of a product in response to certain market factors, such as demand or competition.
- The company still does not boast a yield management system that can rival those found in other transportation industries, particularly airlines.
- We also identified that certain characteristics that affect the availability of the fares would be handled by the yield management system.
- The Journal practiced yield management by increasing its subscription price from $175 to $189 in October.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan