“Dynamic pricing” was a top contender for word of the year. Here’s why it got consumers so worked up in 2024
CNBC (2024). “Dynamic pricing” made Oxford University Press’ shortlist for the word of the year in 2024. Although the practice has been around for years, a recent surge in demand for sought-after concert tickets, such as Taylor Swift’s Eras Tour, brought dynamic pricing back into the spotlight.
What is dynamic pricing and why is it hiking ticket prices for Oasis, Taylor Swift and your favorite artist?
Northeastern Global News (2024). Dynamic pricing was meant to stabilize the market; instead, fans have been hit with spiking ticket costs. How do we fix concert ticketing? A Northeastern music industry expert weighs in.
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