surge pricing

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00:54 Sep 7, 2020
English to Romanian translations [PRO]
Bus/Financial - Economics
Additional field(s): Business/Commerce (general), Economics, Finance (general), Marketing / Market Research, Social Science, Sociology, Ethics, etc.
English term or phrase: surge pricing
Definition from TapRun.com:
A strategy that increases prices as demand increases and decreases prices as demand shrinks. Energy companies often use this strategy, as the cost of electricity will vary over the course of a day.

Example sentence(s):
  • Apart from the cab industry and the food delivery industry there are other industries which are naturally suited to applying surge pricing in order to alter consumer and service provider behavior. Medium
  • Concerts and sporting events are obvious candidates for surge pricing because they involve large groups of people trying to leave the same place at the same time, which could easily overwhelm the supply of available drivers. But there are also examples of more geographically diffuse surge pricing events, often coinciding with holidays or inclement weather. Todd W. Schneider
  • In fact, surge pricing effectively makes the peak period more attractive for that subset, as there is likely to be less congestion when price-sensitive shoppers shift to off-peak periods. Anderson School of Management
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


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Summary of translations provided
4 +1preț dinamic
Mihaela Ghitescu


Discussion entries: 2





  

Translations offered


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
preț dinamic


Definition from ecompedia.ro:
Pretul dinamic se refera la o abordare a acestora care permite stabilirea unui pret flexibil, in functie de costurile proprii, marja de profit dorita, cererea pietei si preturile concurentilor. Adică, pretul optim poate fi stabilit la momentul potrivit, ca raspuns la cerere si la competitie, avand in vedere propria tinta de afaceri.

Example sentence(s):
  • Preturile dinamice le permit retailerilor sa inteleaga si tendintele din industrie - ecompedia.ro  
Mihaela Ghitescu
Romania
Local time: 19:24
Native speaker of: Romanian
PRO pts in category: 8

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Simona Iacob
6 days
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