Dynamic Pricing in Non-Traditional Retail: Groceries, Restaurants & Entertainment with Dr. Jose Mendoza

Welcome to "Retail Pricing Insights," the ultimate podcast for retailers and brands seeking to optimize their pricing strategies. In the seventh episode of the Retail Pricing Insights Podcast by 7Learnings, we have a discussion with Dr. Jose Mendoza, a Clinical Associate Professor at NYU. We talk about the fascinating world of dynamic pricing, particularly in non-traditional industries such as grocery retail, restaurants, and theme parks. We discuss everything from the technology driving dynamic pricing to its implications on consumer behavior and company profitability. This episode underscores the critical importance of clear communication, technology integration, and balancing consumer value perception in dynamic pricing strategies. 00:00 Introduction and Guest Welcome 00:29 Jose Mendoza's Journey into Pricing 02:16 Dynamic Pricing in Non-Traditional Industries 04:46 Challenges and Opportunities in Dynamic Pricing 11:56 Technological Advances in Retail 13:36 Success Stories and Learnings 17:54 Future of Dynamic Pricing 23:29 Key Takeaways and Conclusion Subscribe⁠⁠ to the 7Learnings newsletter! ⁠⁠ Join⁠⁠ our Dynamic Pricing Community