Fare Collection and Revenue Management
As public transportation systems strive to improve service delivery and financial sustainability, effective fare collection and revenue management practices are essential. This course will equip you with the skills and knowledge to design, implement, and optimize fare collection systems while maximizing revenue in public transport.
Course Objectives
- Understand Fare Collection Systems: Explore various fare collection methods and technologies used in public transportation.
- Analyze Revenue Management Principles: Learn the key principles of revenue management and how they apply to fare structures.
- Evaluate Pricing Strategies: Discover effective pricing strategies that balance affordability with revenue generation.
- Implement Technology Solutions: Gain insights into the latest technological innovations in fare collection and their benefits.
- Enhance Customer Experience: Learn how to create a seamless fare collection process that improves customer satisfaction.
- Review Case Studies: Examine real-world examples to identify best practices and lessons learned in fare collection and revenue management.