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It seems like Amazon could take a cue from the tactics employed by very small shops and start dynamically adjusting prices per item per customer. Strategically
by beenBoutIT 3y ago
It seems like Amazon could take a cue from the tactics employed by very small shops and start dynamically adjusting prices per item per customer. Strategically lowering prices for some customers and raising prices for others could quickly become more profitable than worrying about the average customer. Amazon's already got their system setup like a shell game with multiple pages selling the same item via multiple sub-vendors so placing blame on Amazon would be incredibly difficult if not impossible for anyone outside of Amazon.
Artificially deflate prices across the board for some customers while artificially raising prices across the board for others. Some customers could end up paying 4x the Walmart price while others might end up paying 1/2 price - there are customers that don't care or don't pay attention to how much things cost.
Jack up prices for the big spender while slashing prices for cheapskates and offer bulk discounts to customers who will lay out more cash for single large purchases.
- rrrrrrrrrrrryan 3y agoThis would be basically impossible for Amazon to implement without painting a giant target on their back. The FTC would easily consider this deceptive/unfair pricing unless Amazon clearly discloses to the customer how the quoted prices are determined.
- beenBoutIT 3y agoWith black boxes being what they are, prices in a constant state of flux and the deal where amazon has several 'pages' for the exact same item with each page having maybe a dozen different prices - how would it ever be possible to determine anything about how amazon does its pricing?