Pricing Simulation: September

Finished the Simulation. Ended with a total accumulated profit of $195,221,704. Looking back I had a lot of cars not rented out the first couple of months and I think that really hurt me. I don't know what I could have done to improve my market share...I felt like I did well making money month to month but for some reason my market shares kept lowering.

Pricing Simulation: August

Just passed $60M in total revenue...still doing well in Miami, I don't think I should have ever moved all those cars to Orlando at the beginning of the simulation, My market share in Miami is still strong, but I'm struggling in Orlando, I only have about 20% of the market.

Pricing Simulation: August

Made a killing in Miami last month...glad I moved all those cars there. I've got about half of the market share in Miami now...unfortunately I'm struggling in Orlando now. I think my prices are just way too hi in Orlando...i'm going to lower Orlando's prices and maybe raise Miami just a tad.

Pricing Simulation: June

Demand in Miami is huge now...lowered prices, which are still about $15 up from the competition, I'm going to split the fleet 50/50 now...I think that's where I went wrong...sending all those cars to Orlando. Sales in Orlando are starting to decline, I need to lower prices there.

Pricing Simulation: May

Rough Month...I shouldn't have moved all those cars to Orlando...as soon as I did that things started going south...I posted my first loses since I started in October...I'll be fine though, lowering prices in Miami to adjust to the lower demand, raising prices in Orlando, still have a ton of demand up there.

Pricing Simulation: April

I moved another 1500 cars to Orlando and raised prices another $5 or so. I lost $2M in Miami last month, but made about $5M in Orlando...now that I don't have many cars in Miami i need to raise prices higher so i can at least break even.

Pricing simulation: March

My revenue continues to climb while my market share continues to fall. The demand in Orlando is still so high that I'm going to continue to significantly raise my prices even though the competitions is lower than mine. I'm thinking I should have sent a lot more cars to Orlando when I had the opportunity to.

Pricing Simulation: February

I'm getting a little confused. My market share plummeted this month, but my revenue was up almost $5M making it four straight months of higher income. I was expecting my market shares to drop from Miami because I moved inventory from Miami to Orlando, but I didn't expect Orlando's market share to drop. I'm going to stick to my guns and keep doing what I'm doing. I'm raising prices again due to such high demand.

Pricing Simulation: January

Well, had some interesting results. Because demand was so high in Orlando for cars I took about 2000 of them from Miami and moved them to Orlando. I then raised prices in Orlando about $3 across the board, I was surprised to see I was still not able to service all customers even raising prices as much as I did. Because of the lower inventory in Miami, I had 161% capacity needed during the week and was able to raise weekend capacity to 94%. I need to significantly raise my Miami prices to make up for the inventory i sent to Orlando. Market share is still about the same, %40 and my revenue is up $3M, this is the third straight month my revenue has gone.

Pricing Simulation: December

Total revenue up another $2M for the second straight month. My market Share has stood still at %42 for the second straight month. My market share is rising in Miami, but lowering in Orlando. I'm utilizing 100% of my fleet in Orlando on both weekends and weekdays while I'm only using 70% of my weekend fleet in Miami, however, that's up 10% from November. I was hoping that would have happened considering I substantially lowered weekend prices in Miami, but subsequently my revenue only raised $200K for the month. Because the demand for weekday cars in Miami is still so high, I'm going to raise prices again in Miami on the weekdays, and substantially lower my weekend prices to use more of my fleet. Hopefully the raised weekday will make up for the money I will lose lowering the weekend prices.

Priciing Simulation: November

Most of my decision was based on the demand for my fleet. I was overbooked during the week and only using about 90% of my fleet on the weekend. I raised my prices to those of my competitors during the week because the demand was there, and lowered the price on the weekend in hopes to compete for business.

I ended up gaining over $3M in total revenue

I raised weekday rentals in Miami to $52 a day because the demand was so high, and lowered my weekend sales. Sales were up over 14K in Miami, I seem to be struggling a bit in Orlando, sales stayed even for the month. While the demand is still very high in Miami I'm going to lower my prices in Orlando even more, and up my Miami prices a bit, hopefully things will even out!

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