What do you think of dynamic pricing?

[Spicy Nug]

I went to the store with my husband today and saw that they don’t even list pricing anymore. Apparently the store near me is one of those that’s doing “dynamic pricing” so they set the pricing based on the individual customer.

What do you think of this? Personally I don’t like it because what info are they using about me to determine this pricing? Do they think I make a lot of money so they charge more? I just don’t think it’s right.

 

[shattered world]

On one hand if they suck more money out of the ultra wealthy's pockets and poorer people pay less then I've got no problem with that.

But I doubt it's gonna be that effective and probably just result in poorer people paying even more.

 

[roydan]

Sounds like a very abusable system..

 

[Dopious]

That sux as a buyer, though I understand the store owner.

 

[Champagne]

I don't like it at all. Pricing should be transparent and the same for everyone. If a store is charging different people different prices for the exact same item, it raises a lot of questions about what data they're using and whether it's fair. It feels like customers are being judged behind the scenes without their knowledge. Even if the prices sometimes go down, the lack of transparency would make it hard for me to trust the store.

 

[LegacyBuilder248]

its a scam to bring all people to the same level of wealth in the longrun.
You got a bit more money than the average one ?
You will sucked out that extra money on higher prices and will only be able to buy the same amount of goods as everyone else.

Communism 2.0

I would never accept it and instantly boycott it before its to late

 

[tamikadk]

On one hand if they suck more money out of the ultra wealthy's pockets and poorer people pay less then I've got no problem with that.

this only works in civilized societies. And civilized societies don't have wealth disparity... or money. So, this never works

But I doubt it's gonna be that effective and probably just result in poorer people paying even more.

bingo!

What do you think of this?

the same as you. It's unfair, cringy, criminal, whatever you want to call it...

 

[Dopious]

Communism 2.0

Na, Capitalism 2.0 since the masses pay more, often.

 

[t2van]

Thats coming in, in the UK I think with digital pricing on the products instead of the little paper or plastic tab.

If demand is high for a product the pricing of the product will adjust to "slow" sales or more realistic create a larger profit margin on the product. The same is supposed to happen the other way around also but this kind of thing only will be used to spot trends and inflate prices based on demand.

 

[Dopious]

If demand is high for a product the pricing of the product will adjust to "slow" sales or more realistic create a larger profit margin on the product. The same is supposed to happen the other way around also but this kind of thing only will be used to spot trends and inflate prices based on demand.

Ever tried or thought of trying dynamic pricing in your store online? If so what was your conclusion?

 

[Rem]

I went to the store with my husband today and saw that they don’t even list pricing anymore. Apparently the store near me is one of those that’s doing “dynamic pricing” so they set the pricing based on the individual customer.

What do you think of this? Personally I don’t like it because what info are they using about me to determine this pricing? Do they think I make a lot of money so they charge more? I just don’t think it’s right.

should i tell him i live in the slums to get a good 95% discount ontop?
if so, count me in

but /s aside
retarded as fuck business practice

 

[t2van]

Ever tried or thought of trying dynamic pricing in your store online? If so what was your conclusion?

No not on mine.

I know people who price products based on audience which is kind of like thatml.

 

[LegacyBuilder248]

Na, Capitalism 2.0 since the masses pay more, often.

you clearly don't understand capitalism.Prices on capitalism is based on offer and demand and not for every individual seperate so all have in the end the same amount of goods

 

[Dopious]

you clearly don't understand capitalism.Prices on capitalism is based on offer and demand and not for every individual seperate so all have in the end the same amount of goods

Thought this thread was about dynamic pricing, and that is capitalism. Don`t really know why you brought politics in your first post I quoted, hmm.

 

[LegacyBuilder248]

Thought this thread was about dynamic pricing, and that is capitalism. Don`t really know why you brought politics in your first post I quoted, hmm.

because food is till now a fundamental right for everyone.
Food prices are artificily hold high.
Farmers get 1/7-1/15 of the price what markets take.
Many farmers have no buyers anymore as the demand highly dropped because of the high prices and everyone saving here and there.
Normaly this would lead to lower prices and increase in demand again.

That would be capitalism
However big markets keep the high prices artificially goshing money on record levels and paying to the left farmers peanuts who are on the edge of existing and forced to accept these low prices because of high competiton an a smaller market.
Dynamic pricing is nothing more but a food control mechanism .
Markets take the biggest possible profit at the same time decreasing artifically the demand.

Thats plan business communism 2.0 done by the centralized middlemen between the producer and consumer.
Consumer would love to get more for his money and producer would love to get more for his products.
This is made impossible because of the corrupt middlemen who controls 95% of the markert

Goal:
maximising profit,
decrease of demand
destroyment of small and mid seized farmers
centralizing food production

---> Full Spectrum Dominance


Dynamic pricing is just a tool they use to get there

 

[Dopious]

Dynamic pricing is just a tool they use to get there

Still don`t understand the need to derail a thread in a business category with politics, when it is meant to discuss the business side of dynamic pricing. Rambling in a thread outside the threads subject don`t fly well.

 

[LegacyBuilder248]

I clearly listed why markets use dynamic pricing,explained what effect it has and what the goal is.

Political agendas are being explained because dynamic pricing are being used because of these agendas.

In a normal envirement dynamic pricing would be instantly be banned as called non ethic.

When having the goal to implement a full econemy based on business plan with full food control of food production eliminating the small and mid seized farmers than its needed to be mentioned so people understand what dynamic pricing means because profit maximising is the smallest issue

I'm tired of the BHW nonsense to not disclose clear agendas so everyone can understand what the plan behind this is or does someone belive being silent in western countries the past 10 years brought something usefull to the people living there

 

[Dopious]

I clearly listed why markets use dynamic pricing,explained what effect it has and what the goal is.

You clearly made it political BS.

 

[LegacyBuilder248]

You clearly made it political BS.

I see where you brought UK with your silence

but maybe you are fearing the UK social police because of this thread exposing their agendas on dynamic pricing and its functionallity

 

[Spicy Nug]

I don’t really have an issue with politics being brought up in my thread because I think this topic has relations to political discourse.

I just think it’s cool to see everyone’s different thoughts on it.