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Fixed Pricing is a Thing of the Past: How Does Big Data Save Consumers Money?

Fixed Pricing is a Thing of the Past: How Does Big Data Save Consumers Money?

Doesn’t it frustrate you when you buy an airline ticket to go home for the holidays, only to find out that your younger brother, King of procrastination bought his plane ticket a day before your flight departed (4 months after you), and he ended up paying less?

It is this very reason that Farecast was created in 2003. They understood that because of the internet, fixed pricing was a thing of the past; but now prices are so volatile that there’s almost no way to decide when it will be cheapest. Farecast solved this problem, establishing the motto “Know When to Buy.;

 



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