Dynamic pricing is coming to grocery stores
Dynamic pricing is coming to grocery stores
Price increases happen overnight, or with everything tracked and digitized, this could lead supermarkets to charge more money right when demand spikes or maybe in the future even target particular shoppers willing to pay more.
They're going to take your frequent shopper card and figure out what your price point for different goods are. Then they're going to take their tracking of your cellphone and figure out when you're approaching your favorite goods, to raise the price. The technology for everything part of this already exists and is being used, it's just a question of who links everything up first.
FFS, corporations, how much money is fucking enough? Just stop!
"They're a corporation and they need to make money!" -useful idiots
They never ask "how much money?" Lol.
🎶🎶 Orchestraaaaaaaaation 🎶🎶
Cool, we can get even more screwed by groceries.
This ends when fire begins
It seems like no one commenting here actually read this article, which is about a grocery store in Norway that's been doing this for 10 years already, and uses it to try to undercut the competition by pennies
I live in Norway. We have one of the highest grocery prices worldwide, and the smallest selection of goods. Trips over the border for grocery shopping are a weekly ritual for those who live close enough. Small immigrant owned groceries manage to be cheaper than the giant chains with a thousand times the purchasing power. Please do not emulate Norwegian grocery stores. This article is marketing BS.
I did read the article. You're kidding yourself if you don't think they're immediately going to screw us over with this the moment they think they can get away with it.
The government has to get involved right? For something like food, you can't set up a system that walks right up against price gouging.
The government is owned by these corporations, so no.
It's up to the people to fight back organically and locally. We cannot rely on the system because it is set up for us to fail.
Why? Just don't buy it. When do you have absolutely nothing to eat?
Worst case scenario you can always buy directly from farmers.
Are you fucking insane?
That's why I might say about Wendy's, but not the grocery store.
I am not driving multiple hours to save 50 cents on a bag of onions. The only local farms where I live are hobby farms.
Permanently Deleted
Are you joking?
Why should we lower our standards so people richer than us can be even richer? Not everyone is a useful idiot like you.
My local farmers market is only open seasonally and consists of about 1/3 of their booths selling banking services or squishmallows, 1/3 of the booths selling (delicious, but not very storable) ethnic foods, a bread stand, a honey stand that also sells mail order animals by the quarter (butchered, I think), and 3 booths selling scraggly renditions of whatever they’re currently harvesting.
I wish I lived in the same sorts of community conditions where you live, or had the connections to local food producers that you do, but the reality is that I takes whats I can get.
And what I can get is from mega corps that care more about profits than starving a few people.
So basically, they want to raise the prices when it's convenient for them and the prices will also conveniently never go under what it is listed for today even if the demand is low
I saw Wendy's doing this last month. That's fine honestly they can do whatever I don't care, a fast food restaurant will always be a want rather than a need. Grocery is almost always a need, that's not ok
Dynamic pricing is exploitive at it's base, allowing it for any industry is a mistake. Setting precedent for food is extremely dangerous regardless of the source.
Yes. This should 100% be illegal.
It's clear the ruling class is desperate to squeeze us for even more profit.
Let's not be useful idiots and go along with it, eh?
So, water a week before a hurricane is gonna cost a fortune. Cant wait for the price gouging lawsuits.
The problem with stuff like that, especially in America where every day more people feel like they have nothing to lose, is that people will literally just take their guns and shoot up crowds/gougers.
It's a good way to fast-track the destruction of society.
Dynamic shoplifting is coming to my trolley.
Every day I read a new headline than make me feel like stealing is the closest any of us laymen can get to justice against these types of people. I hope one day massive crowds just take a run on whichever stores start to do this.
You can't steal from corporations. It is always reclamation.
Then they close the store and use it as a tax write off and now people have one less grocery store
Just return the shit that went down in prices and rebuy it. Just keep a healthy supply of bugs at the ready. Have an accomplice bug bomb the store if they start getting suspicious of your return frequency, that aught to throw em off.
Could call it a dynamic infestation... the more the prices change the more the bug frequency changes.
Fuck everything about this and everyone who does it, the world is awful enough to try and get by in we don't need predatory bullshit like this to make already disgustingly wealthy corporations wealthier: Greed is a crime against humanity.
next they'll add microtransactions and a season pass (costco already does i guess)
Don’t lump Costco in with these bozos
Right when the inflation thing started I invested heavily in Costco. Figure if suddenly the price of food mattered a lot people will make sure to buy it only from them.
Works out for me, my nearest Costco is closer than my nearest Walmart
Prices change while you're shopping? I foresee a lot of restocking happening if that's the case.
If my milk increases 50¢ in the time it takes me to walk it up to the register, I'm just gonna leave that f*cker in the bagging area and walk out.
In the article, the owner using it says he only decreases price while you shop, since having increases during shopping would push customers away, and he's absolutely right it would. So price increases would only happen overnight/closed hours. The owner talks about competing his low prices with competitors so it can be a race to the bottom. But I doubt most companies would use the pricing this way, most likely there will be surge pricing during weekends and after work.
The problem with this is, they buy bananas at $x, then the price goes to $x+5, so they raise theor prices +$6 to compensate, however the stock they bought was still only bought at $x.
People end up paying a lot more when prices jump, when the store paid a lower price a day ago for that exact food. The price drops are also implemented with way less vigor so they drop slow but you can bet they spike instantly as the cost price goes up.
What happens when I return the expensive food and buy the cheaper food? Like when a TV goes on sale and I return the one I bought last week?
You make a little bit of money? I can see this system being gamed so hard by people with time on their hands. Stores won't care how hard they get gamed, if there are enough lazy people where they still make more profit.
murdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermur
I thought we already had this and called it “inflation” and “Macroeconomic headwinds” due to WSB and the war in Ukraine and the stimmy checks.
There is no inflation. Inflation is at a 80 year low. There is no recession.
There is no war in Ba Sing Se.
Corporate greed, though.... That's 100% real
Doubt it will happen around here until they replace all the price signs with digital ones. As it is right now, every time a price changes, an employee has to manually change that.
Whole Foods (by Amazon) already has e-ink price tags for everything. So not out of the realm of possibility.
Another fucking day
How long before some supermarket introduces, "surge pricing" for post-sunday-mass shoppers and gets sued based on religious discrimination?
Or some store just up and decides that they want to charge black people more? They'll say it's based on credit score or similar nonsense.
Back in the day we used to call this price gouging or price fixing when the cost of an item would increase based on sudden demand, or due to an emergency, etc. That used to be illegal, but I guess it’s okay in fucking Mad Max world now.
So what would stop someone from scalping milk restocks and reselling at a marked up rate when the demand is high?