External appearance is not the same for both. Elasticity of demand during seasonal time of day and weekday seasonality proves it
People don't like surge pricing with Uber but they have no choice there's really no competition. Lyft is the only one so they both do it.
Dynamic pricing is done because of lack of pricing power and monopoly. Most restaurants are franchises. You can't get franchisees to exhibit monopoly power because they compete amongst themselves in the same brand and vs others. Aside from the fact that it's illegal.
I'm not saying it's good just totally not the same.
Dynamic pricing is sneaky and hard to pay attention to. Surge pricing isn't.
Dynamic pricing allows competition at certain times but screws over people that don't buy into loyalty cards rewards points or just doesn't go to the store when everyone else does.
I'm literally the customer that gets punished.
Companies don't care about customers unless elasticity is proven. They will test elasticity until net margin is maxed out at optimal volume. It's why Netflix doesn't give a shit about raising prices. When done in chunks and averaged over time people continue to pay.
Whereas when it's done in large quantities it has bigger effect on prompt demand.
Fuel stations will raise prices at odd peak times when people that don't "shop" for fuel get fuel. Then they ramp it down just before peak times.
If customers have loyalty or rewards they typically will be free of these issues because of timed promotions but mostly these prices are inelastic at those times. Which proves that those people don't care.
These things are like anything else. The loudest people make noise. consumers don't stop their habits easily unless they feel they don't have a choice. Hence why surge pricing wouldn't work in retail.
I've worked in retail operations, pricing, and manage/execute machine learning for these projects. You can try to explain it to me and why you think it's the same but respectfully you're just patently wrong.
If people actually knew the difference they could look for it but they won't if everyone just says it's all the same and mislabels it. People should be looking out for dynamic pricing. Surge pricing doesn't exist in retail and won't in the US market.
Well dynamic pricing and surge pricing in practice are the opposite. Both raise prices.
Surge pricing raises it on peak times while dynamic does it throughout the day and usually during off-peak times to subsidize on peak times.
Surge pricing is vastly different than dynamic pricing. Surge pricing has not chance of working in retail when competition exists.
Dynamic pricing is done in retail already and no one bats an eye at it.
Tesla does dynamic pricing. Fuel stations do dynamic pricing.
Energy companies do surge pricing. Uber does surge pricing.
When there's a monopoly on a market you wouldn't do dynamic pricing.
But also it's why heavy regulation is done.
Uber broke this model because they get to operate as a monopoly while gouging their customers.
I'm not defending Wendy's but as someone in pricing this is a vastly different thing and is 100 times worse than dynamic pricing.
God damn this is ridiculous. People need to read the transcripts it's not surge pricing.
Absolutely not. I would absolutely not recommend this chair. Ergonomically this helps nothing and does nothing for your back.
I was going to say nothing until I saw this.
Fuuuuck that. Keep it. I love this pixel fold. Of buy a different manufacturer if others copied the pixel form factor.
Man I love me a good fiction book lol
It's why I think metrics on these arent going to ever be accurate. No I'm not using tablet mode all the time. That's not why I bought it. It's to have a tablet when I need it. People tend to judge it as if it's not good if I'm not using both screens 100% of the time.
My pixel fold has been great ha
I didn't say it was. It's cleared you're charged up and ready to take this conversation with a clear objective approach.
Lol you got a poltergeist like why is your furniture attacking you.
The dumbest on lemmy is not mounting every piece of furniture to the wall. Whew that's wild.
Genetically disabled people I suppose I wouldn't be opposed to.
My family has a history of alcoholism, bipolar disorder, and depression, and a history of trauma spanning 3 generations.
One of the many reasons I'm not having kids.
This is one of those if you wouldn't be happy it happening to yourself you shouldn't consider it for others. In this case I feel like it would be justified but socially wrong.
A lot of problems would be solved if we were objective about our problems as human and a society.
Never had a problem in my life and don't plan on having kids so nah.
This is so aggravating. You knew the intent and you know what they mean yet you still find the need to correct.
Reddit doesn't exist without him period full stop. His didn't get traction and theirs didn't work.
Not the same thing.
That burned them in the Kinect days. Phil had a big hand in correcting that so I would hope he has enough sense not to let it happen again.
Lol you can make one merch purchase a month with your YouTube subscription. IDC what you do and not trying to convince you just calling out that your logic is flawed.
They have big enough followings if they made their own app or even their own instance of a federated site they would be able to migrate most redditor.s.