Is Name Your Own Price gone?
The company has quietly axed its Name-Your-Own-Price tool, saying it would instead focus on set-price airfares that are easier and faster to book. “We’ve removed the need for the consumer to bid,” Brigit Zimmerman, Priceline.com’s senior vice president of air and vacation packages told The Wall Street Journal.
What is name your own price auction?
Name-your-own-price auctions are such an interactive pricing mechanism, where buyers’ bids denote the final price of a product or service in case they surpass a secret threshold price set by the seller. If buyers are given the flexibility to bid repeatedly, they might try to incrementally bid up to the threshold.
Who has the slogan name your own price?
Priceline.com
New Economy; There’s just one thing wrong with name-your-own-price businesses: You’re not naming your own price. NAME your own price . . . and save! ” That may be the slogan of Priceline.com.
Does Priceline still do name your own price for hotels?
Priceline Name your own price tool is no longer available for Priceline. Name your own price is being replaced by Priceline Express Deals, Pricebreakers, and VIP Program.
Why did Priceline stop name your own price?
The company has quietly axed its Name-Your-Own-Price tool for flights, saying it would instead focus on set-price airfares that are easier and faster to book.
How does Pricebreaker work on Priceline?
With Pricebreakers, travelers are shown three similar, highly-rated hotels, listed under a single low price. Every hotel has a customer review score above 7.0. And the price is guaranteed to be sharply discounted, up to half off published rates you can find elsewhere.
What does quote your own price mean?
Name your own price (NYOP) is a pricing strategy 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.
Why did Priceline end name your own price?
Can you negotiate with Priceline?
Your highest savings opportunities with Priceline will be the Name Your Price bidding features that allow you to be a “Priceline Negotiator” and the pre-negotiated Express Deals.
Can you pay later on Priceline?
Buy now, pay later at Priceline Take a trip now without paying for it all at once. Book your next flight, hotel, rental car, or vacation package at Priceline and pay over time with Affirm.
Are Priceline Pricebreaker deals refundable?
For any Priceline deals like Pricebreaker or Express Deals, no cancellations or refunds are available from Priceline unless you added trip protection at an extra cost.
Does Priceline ever give refunds?
Call Priceline customer service. If you booked a ticket with a disclosed flight time, call the same day for cancellations and get a refund. Customer service can be reached at 1-800-774-2354 and before 11:30 p.m. ET of the day of booking. Note that refunds do not apply for flights with Air India and JetBlue.
What does “name your own price” mean?
Name your own price (NYOP) is a pricing strategy 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.
How does “name your own price” work on Priceline?
Enter in your basic hotel specifications (location,dates,rooms) as you normally would.
Does Priceline still do name your own price?
Priceline Name your own price tool is no longer available for Priceline.Name your own price is being replaced by Priceline Express Deals, Pricebreakers, and VIP Program. With these tools, you will get the best rates and assured Hotel room, unlike bidding where you may have ended up without a room if the bidding did not get accepted.
Can you still name your own price on Priceline?
Similarly, you may ask, can you still name your own price on Priceline? Although Name Your Own Price for flights is now history, Priceline is still honoring flights that were already booked through the service. Priceline.com’s Name Your Own Price for hotels, with discounts up to 60 percent, and car rentals, with discounts up to 40 percent off published prices, are still available.