Whelp, that's it. It's over. My local grocery store went to dynamic pricing. Now I get to pay more than other people.
They were always dynamic. The store just no longer has Point of Sale Clerks (who change price tags).
I just heard about this like yesterday. Fucking insane. Guess we should go back to wearing masks if they keep doing it?
Those tags are probably expensive and relatively easy to accidentally break.
Why is your local store walmart?
>>22212296Maybe that's the store that is in OP's locality. Hence OP's local store.I wonder of the prices react to momentary market changes. Strait of Hormüz locks down again? blip blip blip. A truck gets into an accident on the highway with a full shipment of rice and Spam? blip blip blip.
>>22212282that's not dynamic pricing. those price tags aren't wireless they have to be adjusted individually. they're basically just cheap little screens that you can change the image on. they aren't computers.
Why am I supposed to be mad about dynamic pricing? I'm not a mindless consumerist drone so I don't waste money on overvalued items. The algorithm will recognize this and sell it to me at a lower price point where they still make a profit. It's actually great for anyone that isn't in the 80% of the country addicted to shopping and willing to spend unlimited amounts of money on anything
>>22212328>The algorithm will recognize this and sell it to me at a lower price point
>>22212336Yes, retard. That's the entire purpose of domestic pricing: to charge everyone the amount they'll pay instead of leaving money on the table by undercharging spendy customers and losing spendthrift customers. Why the fuck do you think they've jacked up prices of everything 200% in five years? It's because cattle like you have shown you'll spend any amount. Go take out another home loan to remodel your kitchen or buy a Jetski.
>>22212328>Why am I supposed to be mad about dynamic pricing?Stuff you regularly buy will go up in price, as the store knows you regularly buy it.
imagine how grim it is to HAVE to shop at walmart. that's the story for a lot of middle america
>>22212339>I'M RIGHT BECAUSE strawman strawmanwow you got me. companies clearly want to reduce prices lol.
>>22212344yeah I mean it's the story for me. I mean kind of. I can shop at Aldi or Weis but Weis is more expensive than Walmart for the exact same shit and Aldi doesn't have everything I need so I'd have to go to Walmart anyway. Also Aldi isn't that great anymore.
>>22212347Yes, companies want to reduce prices if it increases profits. That is why they do not charge infinity dollars
>>22212342Then I will stop buying them because I'm not a low IQ materialist sheep.>>22212347I'll spell it out for you more.>Without dynamic pricingCompany: We made this item for $5. Do you want to buy it for $60?Me: No, but I'll pay $8 for itCompany: No! Because then we would have to charge all your retarded countrymen $8 and those morons will gladly pay us $60>With dynamic pricingCompany: We made this item for $5. Do you want to buy it for $60?Me: No, but I'll pay $8 for itCompany: Sure, we are still making a reasonable profit from that and we can still keep charging the cattle $60. In fact we can charge some of them even more than that and put their money to productive use since they're clearly too stupid to have it.Me: Excellent. This exchange of goods has left both of us better off, thus increasing total utils.
>>22212378do you think this dynamic pricing system adjusts to each individual customer? you're just spelling out made up scenarios that have no relevancy. what you're describing is haggling, not dynamic pricing.
>>22212378Yeah cool post but that’s not how any of this works you stupid fucking nigger lmfao.
>>22212388This.Such a thing as he's suggesting will never happen.
>>22212388Yes, they do think that. Multiple people itt seem to think that's what's happening. Which is retarded and doesn't make a lick of sense when you think about it for more than a second. Individualized pricing could potentially be a thing in online shopping, but it's not happening in physical stores. These price tags are not changing every time somebody new walks up to them. That's stupid on so many levels. What could actually happen is price surging based on time of day, hour-by-hour demand, availability etc. Which is still something to be concerned about but not quite as dystopian as people are making it out to be. I also have yet to see anything like that actually happen. My regular grocery store has had these tags for awhile, and prices of stuff I buy has remained stable, in the short term at least. The boring reality of it is it makes it easier to update and swap out price tags cause you can do it all from a computer instead of having some dude walking around manually swapping out tags. But that's not exciting enough for people, they need to invent some conspiracy around it.
>>22212344honestly some walmarts are really not bad for groceries. varies heavily by location though, the one nearest to me is a dump, but the one across town is as good as any actual grocery store, and even better than some.
>>22212369>reduce prices if it increases profitsthis only happens after they've raised prices to the point where they began to lose profit. and it still usually means an overall increase.
>>22212388Why do you think the technology is incapable of this? Pull up google maps. Where do you think the traffic data comes from? Nobody is out there watching the highway. Data is harvested from every individual phone on the road. You think google wouldnt sell this kind of capability? What do you think those apps on your phone need all those permissions for? Dont be naive. They do even more than this.
>>22212282>MUH E-INK TAGS ARE DYNAMOOOOOC>>22212287>>22212388This. It's like a cheap-ass Kindle display, not fucking Ticketmaster. (yet)
>>22212420>le cynic pretending to be high iq faceDo not mistake what I’m about to say for facetiousness. Please kill yourself.
>>22212339White male? charge him more, the probably has a jobcolored? snap discount and charge the government the same amount, the White man will pay itw*man? charge her less or the karens will cry patriarchy
>>22212282What country? In the United States, dynamic pricing is illegal for any item that can be purchased with SNAP benefits. This is a federal law and applies everywhere in the US. If you're buying hot chicken or a pair of shoelaces, well, maybe you're fucked, but for most food items, it's illegal by federal law at any place that accepts SNAP. In states where cola and candy are off limits for SNAP, dynamic pricing can be used there for those items, but that's only a small number of states.
>>22212378>Me: No, but I'll pay $8 for it>Company: Sure, we are still making a reasonable profit from that and we can still keep charging the cattle $60. In fact we can charge some of them even more than that and put their money to productive use since they're clearly too stupid to have it.>Me: Excellent. This exchange of goods has left both of us better off, thus increasing total utils.this is as retarded as thinking you'd be designing uniforms in the new USSA
>>22212342Thankfully I'll eat any old shit so it will raise the price on the wrong things.
>>22212458>I'll eat any old shitlmao same, only shop from the reduces sections. cant remember the last time i ate something in date
>point out that basic data harvesting exists>uh ur a retard kill urself I dont understand the willful retardation. Its not a conspiracy, its just data collection. Magazines wrote articles about it 25 years ago. Or is it some kind of insane brand loyalty? Daddy google would never finger your butthole? Whatever, retard. Your retard opinions dont affect reality.
>>22212461You're just making claims about possibilities. Is it possible? Yes. Is it actually how dynamic pricing works? No. It would be easy to provide evidence of this if it's actually how it worked but you're unable to do so.
>>22212470Yeah lets pretend you responded seriously instead of just insulting meFuck off, shit eater. As if I'd waste any effort on an asshole like you.
>>22212478I wasn't the person insulting you. Also if you're >>22212339 then you seem to have done a fair bit of insulting too.
>>22212416Yeah mine is clean enough and way cheaper than other stores, even for the same brands. It does kind of feel like you're in a human zoo though
>>22212416i think walmart is mostly okay but the fresh produce is really inconsistent. sometimes it's fine and other times it's terrible.
>>22212282You are more likely going to get scammed if they use paper price tags. The amount of fucking times I've seen something on sale, yet when I get to the checkout comes out as full price is crazy (thank fuck I use self serve and can catch it, would be fucked hard if you used a checkout). The digital shit would be at least linked to the price database so that shit would be accurate.
>>22212344You have no idea how horrible the "Mom and pop" grocery store in my small town was. Wally world moving in made them try a bit harder. If i wasn't 2 hours from the closest one I'd shop at Costco.
>>22212328What it will do is inflate prices above what you're willing to pay and them drop them slightly, but still inflated, to trick your dumb cattle brain into thinking you're getting a deal.
>>22212939No, that's what happens without dynamic pricing.
>>22212282>doesn't understand thing, in this case e-ink displays that have no connectivity to the outside world>REEEEEEEEEEEEEEEEEEE CONSPEARACEE THEY'RE CHANGING PRICES AS I SHOP IT'S LE OVERExhibit #10,000 why /pol/shits are low IQ schizophrenics that should be locked up
>>22212282>dynamic pricingSure them.This is just outrageous.BOYCOTT.
>>22212282>I get to pay more than other peopleand pay less than others, too.
>>22212328>The algorithm will recognize this and sell it to me at a lower priceoh, you sweet summer child.
>>22212339>Why the fuck do you think they've jacked up prices of everything 200% in five years?pic related is why, anon.they're tanking america.
>>22212378>Then I will stop buying>Iyou're so important, aren't you?
>>22213161how do 5s know how to buy apples if they don't know what one looks like? imagine they went into a produce section without any labels. would they just be hopelessly lost?
>>22213309wouldn't know.
>>22212410Individualized pricing is done at the APP/account level, and it's old as fuck. If you get any store/FF/chain app or value card, they are using targeted deals at you to get you in the door spending more. BJs for instance does this in the analog too for oldfags like me. They mail out a "for you" collection of coupons on shit I've bought AND for shit they want me to buy. Then there is the generic mailer of coupons everyone gets. Pretty much any corpo chain is doing this now, and it's very old school, it's just coupons and you younguns aren't bright enough to put 1 and 1 together to see coupons are literal dynamic pricing for poorfags. NPCs and richfags don't care about coupons, they spend no matter what. Now that this shit is modernized via apps and touchscreens you fags are having a cow about something that existed for a long while now and everyone doesn't give a single fuck about. What you are all really scared of is hyperinflation. Because that is what these little tags are built for: dealing with inflation so bad you need to change shit daily. And inflation is a nation killer, so it's a legit fear.
>>22213309the label says apples, they must be apples
>>22212328>haggling with an algorithm by backing away and doing a double take.
>>22212282Dress poor
Stop shopping there. Buy from independents and consoom less. Stop feeding the beast.
>>22212388>do you think this dynamic pricing system adjusts to each individual customer?It can when you use an app or card. AI facial recognition tied to all sorts of personal data is also a possibility. https://www.pbs.org/newshour/show/how-online-retailers-are-using-ai-to-adjust-prices-by-mining-your-personal-data
>>22213846that's not what this is though that's an entirely different thing. if you're in a store they can't charge a price other than what it says on the tag. also those tags don't update instantly and the system sometimes takes almost an hour to reflect a price change onto a tag. this is not individual targeted pricing and those shitty little wireless price tags couldn't even support individualized pricing if you wanted them to. the system is too slow and shitty.
>>22213849Dont worry its coming. https://internationalbanker.com/technology/the-rise-of-dynamic-pricing-how-algorithms-are-rewriting-the-economics-of-price/
>>22213309Knowing what an apple looks like is not the same thing as visualizing an apple when thinking about one. Their minds go to the apple vector in concept space when they think about apples. Your mind makes a crude hallucination of an apple in visual space.
>>22213851Other than just offhandedly mentioning groceries 1 single time that article says nothing about in-person dynamic pricing and mainly refers to online pricing on ticket sales. Walmart just paid millions of dollars to roll out these new slow ass electronic price tags that are incompatible with rapidly changing. They are not going to throw them all away to upgrade to expensive tags that will be broken by morons constantly so that they can charge 5 cents more for chef boyardee at 3 pm than they charge at 7 am.
>>22212282You guys will have to really annoy the hell out of your state government because federal ain't going to do shit about this. Some states are already banning it or on the process. You Americans will have to see what is the status of your own state.
>>22212282>Americans have to pay almost $2/can for BEANSWtf I thought food was cheap in America?
>>22213986Those are more expensive name brands. I can get cheaper store brand beans for less than $1 per can.
>>22213872As has already been pointed out in the thread, dynamic price adjustments are already federally illegal for over 90% of food due to EBT rules. Even time based pricing is illegal due to "disparate impact" on when people using EBT tend to shop. The only waiver currently in effect is for certain farmer's markets where they can sell a limited amount of produce, usually about $50, for half price to people using food stamps. For non-food items, this doesn't apply but were on /ck/ so we're all about food prices here.
>>22212295>>22212327At exactly 3am everyday they all begin to flicker. Either the price changes or stays the same. They're all remotely controlled at some headquarters.
>>22213861In guessing youre not in the USA. Our "capitalism" is predatory now.
>>22213854>Your mind makes a crude hallucination of an apple in visual space.so then they're not 5s
>>22212295Initial cost should be in the 5-10 dollar range for each tag. But the savings should come pretty quick for larger chains vs printing stacks of tags for weekly price changes alone much less price corrections that are printed at store level.
>>22214164that's crazy that they're actually hooked up to wifi. I wonder what the cost per tag is.
>>22213986>$1.17>almost $2why do turd worlders struggle so much with basic math
>>222153351.17 for the cheapest beans in the photo before tax.
>>22215335The upper right cans are $1.72
>>22212378>Then I will stop buying them because I'm not a low IQ materialist sheep.Wish you luck on your fight against buying food. If everyone would grow a garden and hunt or fish then we'd be in a better place.
>>22212328I don't even look at prices when I shop. I have no frame of reference for what is a good price or not. How much does a bag of rice normally cost? $.50? $10? $20? Who the fuck knows!
>>22215441There's not nearly enough widl game for everyone to get an appreciable amount of meat from hunting and home gardening is dramatically inefficient compared to actual farming.
