Comment on Cashing in on the algorithm — It’s not just pubs toying with dynamic pricing. It’s already here in sectors ranging from public transport to ecommerce

<- View Parent
tony@lemmy.hoyle.me.uk ⁨1⁩ ⁨year⁩ ago

Dynamic pricing works for transport because people have little choice about when to travel, especially commuters. So you get cheaper pricing when there’s less demand without everyone shifting their travel plans to save money.

Not sure if it’ll work in a pub. I’ll just go to a different one, or go at a different time… there’s no lock in, so dynamic pricing could actually cost the chain money as at the busiest times people simply go elsewhere… and once you’ve lost the ‘habit’ of going to a place it’s much harder for them to persuade you to go back.

source
Sort:hotnewtop