4 ms·
You're also forgetting the ability for stores to execute "surge" pricing. I'm not a fan of it, but that will certainly recoup that cost much faster.
by thebeardisred 6y ago
You're also forgetting the ability for stores to execute "surge" pricing.
I'm not a fan of it, but that will certainly recoup that cost much faster.
- ComputerGuru 6y agoHow do you handle the case where a shopper picked up an item at a certain price but by the time they got to the cash register it had changed?
- nullc 6y agoCharge the lower price at the register for 2 hours after changing the display price? Only change the prices over night? (but unlike with employees you can reprice the entire store every night without any particular cost)
- nom 6y agoeasy, you just display both prices with a fat title 'Hurry up! Price will be 25% higher in 12 minutes" If this doesn't exist already, it will soon.
- diab0lic 6y agoThis seems like a bad idea. If I own a physical store and you’re in it I don’t want to encourage you to leave quickly. I want you in there as long as possible putting things in your cart.
- schuyler2d 6y agowouldn't this encourage people to buy fewer items? But customers are so used to confusing pricing labels you could just make the old (cheaper) price say: "Discount: $x". Also if you hook up the change to motion detectors where you know no one is in the aisle, then you can skip it altogether.
- qiqitori 6y agoCould maybe be solved by adding some more technology (e.g. a barcode) that allows them to reserve the item at the current price, plus maybe some other kind of incentive.
- Teever 6y agoThe customer probably won't notice and if they do they'll walk back to the place they found the item and find the e-ink price tag has a price that matches the till. If they some how dispute it further the business will just lie like a rug until a particularly pernicious customer takes pictures of the price tag and then argues with the manager. The eventual outcome will possibly be a class action law suit and in a few years the customers can sign up to receive a gift card. You can see similar behavior with the same company here: https://www.cbc.ca/news/business/loblaws-25-gift-card-class-action-lawsuits-bread-price-fixing-1.4648642 https://www.cbc.ca/news/business/loblaws-25-gift-card-class-...