>I have a prospective new client that has a limited number of resources available on a daily basis.
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>They want to sell them on the net and utilize a budget airline type pricing system. IE. first few sold dirt cheap for advertising purposes, then price varies depending on how many sold and how long in advance it is (nearer the day = more expensive).
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>Obviously I told them I could do it, but where to start!
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>I know the number of units available and I know the % sales target and average price target.
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>Any ideas / discussion greatly appreciated.
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>Gary.
You (the company, actually) must decide on the function for units left vs. price. Probably the simplest option is to increase the price linearly as you sell the units. For example, if you want an average price of 100, you sell the first units at 20, and the last units at 180. Or the first at 50, and the last at 150.
Difference in opinions hath cost many millions of lives: for instance, whether flesh be bread, or bread be flesh; whether whistling be a vice or a virtue; whether it be better to kiss a post, or throw it into the fire... (from Gulliver's Travels)