Not “cost plus” pricing.
Comment on Amazon accused again of overcharging shoppers with Buy Box
blazera@kbin.social 4 months ago
claim the internet titan artificially inflates prices
All prices are artificial.
CrayonRosary@lemmy.world 4 months ago
Kushia@lemmy.ml 4 months ago
So is most of the junk they sell on Amazon. I’ve gotten so many fake and poor quality products in the last couple of years that I shop anywhere else I can first.
MadhuGururajan@programming.dev 4 months ago
No the claim is that the inflation is artificial… not the prices.
blazera@kbin.social 4 months ago
They both always are. Companies make up the prices, and price increases. Predicting how much folks are willing to pay.
EncryptKeeper@lemmy.world 4 months ago
Well no, artificial in the sense that it’s arbitrary, as opposed to price increases tied to something more tangible, like cost.
blazera@kbin.social 4 months ago
Its a common misconception, prices are never based on cost, its what people are willing to pay. Now, what people are willing to pay can be influenced by perceived costs, but thats pretty artificial too. The prices at a restaurant for example vary pretty wildly in profit margins. Pretty famously, sodas cost cents to make, but people are willing to pay orders of magnitude more.