Yield Management

Yield Management

A pricing strategy used to maximize revenue by varying prices based on demand and inventory levels. Yield management is commonly used in industries with perishable or time-sensitive products, such as airlines, hotels, and rental car companies, to optimize revenue and occupancy rates.

Related Terms

Brand Refresh

When a brand improvises its existing image and communications while maintaining its core identity.

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory

Merchandising

It includes the comprehensive strategies and practices retailers employ to promote and sell products to customers