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Join Date: Aug 2001
Location: midwest
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Quote:
Originally Posted by madcorgi View Post
Might have been deliberate--a one-day price change to test elasticity of demand.
That could be it.

The Black Friday sales use a few items "while supplies last. no rain checks" to get people physically into the stores and in a state of feeding frenzy.

If there is less activity on someone's credit card, these types of sales might become commonplace and tailored to spur an individual back into making purchases again.
(That would require a fair amount of coordinated personal tracking, though.)

That system of "different prices for different people" might become biased to an extreme.
Any system has the potential for extreme abuse.
Old 09-11-2019, 04:56 AM
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