Pricelines Case Study
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Transcript of Pricelines Case Study
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OTA’s case OTA’s case studystudy
priceline.compriceline.com
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Online Travel Agency and Online Travel Agency and purchase’s bidpurchase’s bid
The priceline’s business model…
• Pionner online company that uses original purchasing method
• It offers clients the chance to name their own price that meet their needs…
• Makes it easy for our customers to find a great deal by bidding
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Targeted customer groupTargeted customer group
Regular leisure travelersManagers
Leisure travelers
Senior executivesManagers
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Customer services offeredCustomer services offered
• Name Your Own Price• Large choice: airline tickets, hotel
rooms, car rentals, mortgages, long distance call.
• Accurate updated inventory
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• Flexible system• Purchase that fits to clients
need• Visibility• Large and updated
promotions available • Expected factors
• Offensive approach• Dynamic reverse auction
approach• Consumers name their own
price• Bugdet minded consumers• Clients have no or little
brand loyalty• Unexpected factors
VS.
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Customer communication Customer communication methodsmethods
• Facebook• Twitter• Ihpone application• Tv adds• Comic videos available:
http://www.priceline.com/promo/shatner_pcln_negotiator.asp
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Priceline’s partnersPriceline’s partners
Hotel:
• 55 000 hotels worldwide
• 12 000 cities
Sites