kysyntähinnat

Kysyntähinnat, known in English as demand pricing or dynamic pricing, refers to a pricing strategy where businesses adjust the prices of goods or services based on current market demand. This approach recognizes that the willingness of consumers to pay can fluctuate significantly depending on various factors.

The core principle behind kysyntähinnat is that when demand is high, prices can be increased, as consumers are more likely to pay a premium to secure the product or service. Conversely, when demand is low, prices are often lowered to stimulate purchasing and clear inventory. This strategy is distinct from cost-plus pricing, which focuses on adding a markup to production costs.

Kysyntähinnat is commonly observed in industries such as ride-sharing services, where surge pricing is activated during peak hours or events. Airlines also employ dynamic pricing, adjusting ticket costs based on booking time, season, and availability. Online retailers may also use it to optimize sales by reacting to competitor pricing and customer interest. The goal is to maximize revenue and profit by aligning prices with real-time market conditions. While beneficial for businesses, it can sometimes lead to customer frustration if price increases are perceived as unfair or exploitative.