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Online parts buying and dynamic pricing [message #235834]

Sat, 11 January 2014 12:15

rcjordan

Messages: 1913
Registered: October 2012
Location: Elizabeth City, North Car...

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split from this thread:
http://gmc.mybirdfeeder.net/GMCforum/index.php?t=msg&goto=235829&rid=2865#msg_num_9

Quote:

You're going to be less-and-less capable of comparing prices on an item-by-item basis. I've written rudimentary dynamic pricing algos in the past, but it's getting very sophisticated now. There have even been instances of vendors charging more if you browsed with a Mac device.

The future of retail is dynamic pricing. So why can't we get it right?

http://www.zdnet.com/the-future-of-retail-is-dynamic-pricing-so-why-cant-we-get-it-right-7000021444/

Amazon got called out on it a few years ago (2006-07) and supposedly swore off the practice but I've heard of a few tech-savvy experiments (one conducted at my request) that produced results that *seemed* to indicate otherwise.

http://blog.oregonlive.com/complaintdesk/2012/05/amazons_dynamic_prices_get_som.html

https://www.google.com/search?q=amazon+caught+dynamic+pricing

But keep in mind that this is NOT an Amazon-only situation. In fact, you are more likely to see dynamic pricing in less popular websites because of less public scrutiny.

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[Updated on: Sat, 11 January 2014 12:17]

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		Online parts buying and dynamic pricing By: rcjordan on Sat, 11 January 2014 12:15
		Re: Online parts buying and dynamic pricing By: rcjordan on Sat, 11 January 2014 12:18
		Re: Online parts buying and dynamic pricing By: rcjordan on Fri, 17 January 2014 15:01
		Re: Online parts buying and dynamic pricing By: Wayne on Fri, 17 January 2014 20:44
		Re: Online parts buying and dynamic pricing By: rcjordan on Fri, 17 January 2014 21:13
		Re: Online parts buying and dynamic pricing By: rcjordan on Sat, 18 January 2014 14:15

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