off-peak discounts

Low-demand price cuts

Off-peak discounts are reduced prices offered during periods of lower demand.

Transit systems, utilities, and entertainment venues charge less when fewer people want the service—trains during midday, electricity at night, movie tickets on weekday afternoons.

The practice smooths demand by incentivizing customers to shift their usage: Off-peak discounts make the 10 a.m. showing half the price of evening shows.

Related

shoulder season · price discrimination · flash sales · early bird specials · couponing · opportunity cost · loyalty programs · happy hour · limited-time offers · slow period · behavioral economics · market segmentation · tiered pricing · cross-promotions · cost-benefit analysis · targeted advertising · sunk costs · impulse buying

Opposites
demand-based pricing timing

off-peak discountssurge pricing

Rates rising with demand

peak pricing · congestion pricing · dynamic pricing

pricing philosophy

off-peak discountsprice gouging

Excessive pricing during crises

premium pricing · standard rates · rack rates · inflated prices · markups

Family

peak, discount, peaks, peaked, peaking, discounts, discounted, discounting, discounter

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Positive · Everyday, not technical · Rated G