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e. Name your own price (NYOP) is a pricing strategy [1] under which buyers make a suggestion for a product’s price (unlike the traditional way where sellers quote a certain price) and the transaction occurs only if a seller accepts this quoted price. [2] What happens is that the seller waits for a potential buyer's offer and can then either ...
Hello Travelers! Priceline.com has a feature called 'Name Your Own Price' and I believe the way it works is you enter a price that you'd be willing to pay for a flight to wherever it is that you'd like to go, and if they find an airline who accepts your offer, your credit card will automatically be charged and you'll be booked on that flight.
Priceline.com experimented with selling gasoline and groceries under the Name Your Own Price model in 2000, at the height of the dot-com bubble, through a partially owned affiliate, WebHouse Club. Priceline got into the online auction business with Priceline Yard Sales , where individuals would use the Priceline system to haggle for various ...
1. Re: Using Priceline's "Name Your Own Price" feature? 11 years ago. Hi, In my mind Taipei (TPE) is a good city to be going to as far as "cheap" fares go.. It is home to two carriers- China Airlines (CI) and EVA Air (BR) with the former being reasonably well known for offering more value-oriented fares to/from Asia than some of the other more ...
Not too useful anymore for airline bookings. If you read their guidelines, it will tell you the most connections you can expect, etc. Most planes are flying pretty full, and many airlines have cut their routes, so I have not read of many people getting great bargains on "name your own price" for airfare.
Pay what you want (or PWYW, also referred to as value-for-value model [1] [2]) is a pricing strategy where buyers pay their desired amount for a given commodity. This amount can sometimes include zero. A minimum (floor) price may be set, and/or a suggested price may be indicated as guidance for the buyer. The buyer can select an amount higher ...
Re: Experience with Priceline 'Name your own Price'? 13 years ago. I use Priceline & Hotwire a lot, though in the South ( Charlotte, Myrtle Beach, Charleston, Savannah, Jacksonville) a better rate & often better room ---is to check the lowest bids on both. (Priceline, Hotwire)., then call the hotel you think it is directly, speak to the Manager ...
32 reviews. 27 helpful votes. 3. Re: Priceline.com Name Your Own Price Flights. 8 years ago. The flights are between 6am and 10pm and may be non-stop but may include up to one connection. If you are 100% flexible with your arrival and departure times you may be able to save a little money. But, probably very little.