alt Hacker NewsThis is what I think of when I think of personalized pricing:
https://www.youtube.com/watch?v=rVlT3uHlNAg&t=111s
It's pretty much what I've done when selling at flea markets all of my life. I ask what I think the market will bear, per person and situation. I don't feel at all guilty for it. It doesn't surprise me at all that mass customization in the information age has brought us to it at scale, or that the force of law would be necessary to repress it.
Some people seem to feel they have a right to the best price without negotiating or shopping. I don't feel that I'm owed or owe that privilege.
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How do I negotiate with a minimum wage cashier, self-checkout, or a checkout page? Have you ever been in a Kroger property, or Walmart, or any other multi-billion dollar retailer and negotiated on something? Maybe they'll price match and I guess that counts, but it's not as if we have access to data to do that in a meaningful way to compete with the data that they have to act on.
In lieu of suppressing surveillance pricing, I could live with retailers being forced to open source, in real time, all product and sales related data, including historical as far back as they have.
How much did you know about the person you were selling to? Did you know what websites they visited or what past purchases they made or what time they went to sleep every night?
It is because you're on the side benefitting from it. It doesn't benefit the consumer or the working class.
I come from a culture where the price is always listed. If I don't like the price, I'll either find a better deal somewhere else (shop) or not buy. Any time I'm forced to barter with a person I lose, because I do feel guilty about it. I feel bad that you won't get as much money as you think you should, despite the low balance in my bank account.
Some people seem to feel they have a right to help others get ripped off because they're not schemers. I don't feel I owe you that.