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> But getting a discount in exchange for a longer-term commitment is often a benefit to consumers. This is already framing it in marketing terms. You're not ge
by AlexandrB 2y ago
> But getting a discount in exchange for a longer-term commitment is often a benefit to consumers.
This is already framing it in marketing terms. You're not getting a discount but being charged an artificial price premium for less/no commitment. This can get especially obscene in places where gyms are required by law to offer monthly membership options but they charge a significant markup if you go that route.
All of this has the effect of suppressing competition.
- conradev 2y agoIt is absolutely not just marketing: https://commoncog.com/cash-flow-games/ https://commoncog.com/cash-flow-games/ Jump to "Pre-payments in the Restaurant Industry" Money now is more valuable than money later, and guaranteed future money is more valuable than no guaranteed future money.