Lesson details
Here we go a bit deeper into the components of revenue management. Strategy is your overall plan, and tactics are the day-to-day implementation. How should you combine the two? RoomPriceGenie CEO, Ari, discusses.
What you’ll learn in the Strategy vs tactics lesson
- Strengths of the human brain vs strengths of computers
- Why setting the strategy needs a human
- Why implementing the strategy is much better left to a computer
- Your choices when it comes to the pricing from simple rate shoppers to full revenue management systems like ‘Ideas’