Dynamic Pricing Can Help Companies for International Road Transportation Survive COVID-19 Pandemic Crisis
Keywords:Key words: dynamic pricing, price discrimination, static tariffs, revenues, consumer profile, pricing algorithms, fluctuationsge shipment, price per ldm
The main goal of this article is to reveal the advantages of dynamic pricing implementation in the international transportation of cargo by road. It will be clarified what dynamic pricing is and under what conditions and in what business areas it is suitable to be applied. The fluctuation in demand of freight services will be observed as well as its impact on price and the revenues of transportation companies. Comparisons will be made of the company revenues in case it uses dynamic prices or sticks to static tariffs. Finally, conclusions will be reached for company efficiency according to its choice of pricing strategy.
Arthur Sesyl Pygu , “The Economics of Welfare ”(1920).
Thomas T. Nagle/Reed K. Holden, The strategy and Tactics of Pricig, 211-233, 1995
J. Stoichev, Pricing politic, NBU, Sofia 2002
Sarah Maxwell, The price is wrong, 163-187, 2002
Ralph Cassady, Techniques and Purposes of Price Discrimination, Journal of Marketing, 11, 146, 1946
H. Nikolova, Itnernational Transport and Spedition, Unwe, Sofia, 2011
Ball, Donald and McCulloch, Wendell-Jr., International Bussiness: The Challenge of Global Competition, Irwin/McGraw –Hill, sixth edition, 1996
Schumpeter, Flexible Figures, Jan 28, 2016, https://www.economist.com/business/2016/01/28/flexible-figures
Scientific Journal Concept, issue 14 – ART 14686, :http://e-koncept.ru/2014/14686
whttps://vc.ru/flood/45560-dinamicheskoe-cenoobrazovanie, Sep 12, 2018
Land Transport Solutions during COVID-19, Customer information COVID-19 | Measures to protect employees and Supply Chains, https://www.yusen-logistics.com/en/land-transport-tailored-solutions-covid-19, March 9th 2020
Transport and Covid-19: Responses and Resources, https://www.itf-oecd.org/covid-19, March 26, 2020
COVID-19: how some countries around the world are supporting road transport https://www.iru.org/resources/newsroom/covid-19-how-some-countries-around-world-are-supporting-road-transport, April 9, 2020
https://www.nsi.bg/bg/content/7508/ by month, 2020
Кuehne+Nagel AG, Annual report 2020, https://home.kuehne-nagel.com/, December 2020
How to Cite
Copyright (c) 2021 Asian Journal of Business and Management
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
- Papers must be submitted on the understanding that they have not been published elsewhere (except in the form of an abstract or as part of a published lecture, review, or thesis) and are not currently under consideration by another journal published by any other publisher.
- It is also the authors responsibility to ensure that the articles emanating from a particular source are submitted with the necessary approval.
- The authors warrant that the paper is original and that he/she is the author of the paper, except for material that is clearly identified as to its original source, with permission notices from the copyright owners where required.
- The authors ensure that all the references carefully and they are accurate in the text as well as in the list of references (and vice versa).
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under aÂ Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (SeeÂ The Effect of Open Access).
- The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.