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ReserveX: Location Based Marketing

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Since yield management typically is used when inventory is perishable, and the value goes to zero at a particular point in time, the time element has always been a key part of the yield management equation. Now time can be paired with place to even better determine customers who may be most receptive to buying tickets, and to offer those who are most easily able to act with special last minute pricing or offers through their mobile devices [more]

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