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Deal-of-the-day (also called daily deal or flash sales or one deal a day) is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks .
Dynamic packages are normally given a single, opaque price, meaning the wholesaler's cost of the individual components is hidden from the consumer. The wholesaler often obtains special package-only cost rates for travel components, such as negotiated fares for flights or special package rates for accommodation or car rental.
In return, the content website owners receive a small share of the revenue earned by the price comparison website. This is often referred to as the revenue share [12] business model. Another approach is to crawl the web for prices. This means the comparison service scans retail web pages to retrieve the prices, instead of relying on the ...
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Price bundling plays an increasingly important role in many industries (e.g. banking, insurance, software, automotive) and some companies even build their business strategies on bundling. In bundle pricing, companies sell a package or set of goods or services for a lower price than they would charge if the customer bought all of them separately.
One of the newest areas where flat rate pricing is just beginning to make inroads is the medical industry. The concept has held a particular interest [ 8 ] because of the high and rising costs of health care delivery despite legislative attempts to address them, such the Affordable Care Act (Obamacare). [ 9 ]