Here’s an example of a training video I created using Vyond.
The introduction:
Have you ever wondered how airlines determine the prices of their flights? In this video, we look into the world of airline pricing and explore the various factors that influence fares.
First, we look at the basics of airline pricing, including the different fare classes and the factors that determine their prices. We explain how airlines use complex strategies to calculate fares based on demand, competition, seasonality, and other factors.
Next, we examine how airlines manage their fares to maximize profitability. We explore the concept of dynamic pricing, which allows airlines to adjust prices in real-time based on demand and availability. We also discuss the role of pricing analysts and revenue management teams in setting and managing fares.
Finally, we touch on some challenges airlines face when setting and managing fares, including the impact of external factors such as fuel costs and global events.
By the end of this video, you’ll better understand how airlines set and manage their fares and the factors that influence the cost of your next flight. Whether you’re a frequent flyer or a curious traveler, this video is a must-watch for anyone interested in the fascinating world of airline pricing.
Jeff Stivers 