Re:Ask HN: `Contact Us` Pricing
by autoexec on Tuesday November 01, 2022 @08:34PM
(#33429928)
> We may not like it, but your last point is almost the exact definition of what a "price" is. Things don't have objective "prices" as an intrinsic quality. They don't even have "reasonable" prices intrinsically. A price is no more, and no less than an agreement between buyer and seller to make a transaction happen.
The difference is that most companies aren't pricing their goods to the maximum amount they think they can get from you personally. They instead price things according to what the majority of their target market is willing to pay.
You can say that ultimately it still comes down to paying only what you're willing to spend, but I might be willing to spend $20 on something, yet also be unwilling to spend $20 on that same thing if I know you've been charging everybody else $12 for that same product. Consumers find personalized dynamic pricing to be unfair and discriminatory and for good reason.
The difference is that most companies aren't pricing their goods to the maximum amount they think they can get from you personally. They instead price things according to what the majority of their target market is willing to pay.
You can say that ultimately it still comes down to paying only what you're willing to spend, but I might be willing to spend $20 on something, yet also be unwilling to spend $20 on that same thing if I know you've been charging everybody else $12 for that same product. Consumers find personalized dynamic pricing to be unfair and discriminatory and for good reason.