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.

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Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of

Excess Inventory

Also referred to as surplus inventory, denotes the surplus stock held by a company beyond what