Disstevefan1
Well-Known Member
The price for Genie+ today has increased to $22. Rise of the Resistance also increased from $20 to $22.
The price for Genie+ today has increased to $22. Rise of the Resistance also increased from $20 to $22.
The price for Genie+ today has increased to $22. Rise of the Resistance also increased from $20 to $22.
Really weird, right? It feels like their demand forecasting is broken so they're just twisting in the wind without any logic behind their optimization strategy.The pricing really is all over the place recently.
Yeah I'm not sure if they are running some tests on different pricing models, or throwing random-ish numbers out there.Really weird, right? It feels like their demand forecasting is broken so they're just twisting in the wind without any logic behind their optimization strategy.
I expect they are doing a lot of testing here to see when they start to lose more customers.Really weird, right? It feels like their demand forecasting is broken so they're just twisting in the wind without any logic behind their optimization strategy.
My mindset is this as well. They’re probably trying to find what the “perfect” baseline price is. See how flexible it is and how guests respondIf I were running park ops I would want to see a few breaking points:
You can only do this if you have arbitrary price points every day. You need to be able to compare different price points with similar crowd levels AND times of year. They have a lot of data for $15 a day, now comes the rollercoaster of G+ costs.
- Assuming $15 is your low baseline at what price breakpoints do you lose 10% / 20% / etc. of your purchases.
- At what saturation points (% of guests who purchased G+ at a specific park) do wait times go from Good to Average to Bad to Worse (I assume they have a better scale lol)
- By this I mean - when do Lightning Lanes start backing up - when do standby line start stagnating - when does spillover affect other rides around it. etc.
- Cross referencing the numbers above vs. guest satisfaction scores
Seems weird to go up on a Monday especially compared to the Saturday price.The price for Genie+ today has increased to $22. Rise of the Resistance also increased from $20 to $22.
It's May Day!Seems weird to go up on a Monday especially compared to the Saturday price.
Really hope the crowds don't end up being crazy this week
It would be interesting to see a graph of Genie+ prices compared to actual data of the parks' busy-ness (by looking at wait times, e.g.,) in order to see if WDW's is correctly guessing demand.
@lentesta?
It would be interesting to see a graph of Genie+ prices compared to actual data of the parks' busy-ness (by looking at wait times, e.g.,) in order to see if WDW's is correctly guessing demand.
@lentesta?
I don't understand the constant up and down, either.Really weird, right? It feels like their demand forecasting is broken so they're just twisting in the wind without any logic behind their optimization strategy.
Yes, but that's assuming 100% of customers are planning on buying Genie+, which has never been the case (for a multitude of reasons).If I were running park ops I would want to see a few breaking points:
You can only do this if you have arbitrary price points every day. You need to be able to compare different price points with similar crowd levels AND times of year. They have a lot of data for $15 a day, now comes the rollercoaster of G+ costs.
- Assuming $15 is your low baseline at what price breakpoints do you lose 10% / 20% / etc. of your purchases.
- At what saturation points (% of guests who purchased G+ at a specific park) do wait times go from Good to Average to Bad to Worse (I assume they have a better scale lol)
- By this I mean - when do Lightning Lanes start backing up - when do standby line start stagnating - when does spillover affect other rides around it. etc.
- Cross referencing the numbers above vs. guest satisfaction scores
I arrived on this day last year and it was packed the entire week.Early May has been widely touted as a great time to go on the internet. Now that it's May all those that are crowd averse have arrived and are driving up prices again. Just an idea.
Yes, but that's assuming 100% of customers are planning on buying Genie+, which has never been the case (for a multitude of reasons).
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