Dynamic Pricing

A pricing strategy where prices fluctuate based on demand, supply, and other factors. It is often used in the live ticketing industry to adjust prices based on the popularity of events and the availability of tickets.

Penny Deficit

A situation where there are not enough pennies in circulation to meet the demand for change. This can occur when people stop using pennies and the US Mint does not produce enough new pennies to replace those that are lost or hoarded.

Scalping

The practice of buying tickets for an event at face value and then reselling them for a higher price. Scalpers often use bots to buy large quantities of tickets, which can make it difficult for fans to purchase tickets at a fair price.

Status Quo Bias

A tendency to favor the current state of affairs and resist change, even if there are good reasons to change. This can be a barrier to progress and innovation, as it can prevent people from considering new ideas or solutions.

Labor Turmoil

A period of unrest and conflict between employers and employees, often involving strikes, protests, and other forms of industrial action. Labor turmoil can be caused by a variety of factors, including low wages, poor working conditions, and a lack of job security.

Streaming TV

A method of watching television programs over the internet, rather than through traditional cable or satellite providers. Streaming TV services offer a variety of benefits, including on-demand content, personalized recommendations, and lower monthly costs.

Skinny Bundle

A cable or satellite TV package that offers a limited selection of channels at a lower price than traditional packages. Skinny bundles are becoming increasingly popular as consumers seek more affordable and flexible TV options.

B2B Marketing

Marketing activities that are targeted at businesses, rather than consumers. B2B marketing often involves promoting products and services that are used by businesses to improve their operations or increase their profits.

Return on Ad Spend (ROAS)

A measure of the effectiveness of advertising campaigns. ROAS is calculated by dividing the revenue generated by an advertising campaign by the cost of the campaign. A high ROAS indicates that the campaign is generating a good return on investment.