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There are two opposing forces here: put the prices up to get more money when demand is there, put the prices down to get that high-demand bunch of clients that
by simonblack 3y ago
There are two opposing forces here: put the prices up to get more money when demand is there, put the prices down to get that high-demand bunch of clients that would otherwise have had to pay more for the service.
Who wins? The surge-price guys will win today, the price-down guys will win the repeat sales in the future.
It's called 'Pricing yourself out of business'. But then again, Uber has always been a scam, not really a true business at all. What they can and do charge is immaterial to their business model.