Revenue Management
Increase Revenue, optimize Profit, improve Performance

We have the right know-how to enhance your Reservation system providing systems  for understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits.
The challenge is to sell the right resources to the right customer at the right time for the right price.
Revenue Management is the process of understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, perishable resource such as ferry seats, deck space, cabins, cruise trips and others. The challenge is to sell the right resources to the right customer at the right time for the right price. This process can result in price discrimination, where a firm charges customers consuming otherwise identical goods or services a different price for doing so.
In the maritime and shipping industry, capacity is regarded fixed because changing what ship sails a certain service based on the demand is the exception rather than the rule. When the ship departs, the unsold spaces, seat or cabins cannot generate any revenue and thus can be said to have perished.
E-Dea is able to deliver advanced pricing and revenue Management solution through customers gain insight into pricing strategies, identify detrimental pricing practices, optimize pricing decision-making, and improve business processes and financial performance.
E-Dea offers advanced software solutions to monitor how seats and spaces are being reserved in the ship and automatically react accordingly, for example by offering discounts when it appears that seats will remain unsold.
This means implementing purchase restrictions, length of stay requirements and requiring fees for changing or canceling tickets.
E-Dea solutions is designed to deliver optimized prices to the point where a deal is negotiated. This is achieved through an integrated price optimization software platform. Our solutions improve profitability by applying margin optimization and Real-Time Integrated Science to determine, analyze, and execute optimized pricing strategies.