Dynamic pricing is pretty rude! The product hasn't changed, so why should it cost different prices for different people? It's just sneaky and dishonest.
This doesn't feel like dynamic pricing to me. Dynamic pricing to me sounds like real-time algorithm based price adjustments.
This to me feels most like generic A/B testing where they're trying to identify optimal sales prices for future titles by offering different deals to different people. It could also be the result of some kind of classification of accounts that results in some kind of stratified pricing, like is done for regional pricing, but using account statistics rather than geolocation.
Why should some people have a better deal for the same product is because some people have better buying power, and they're used to subsidize lower prices for those who don't, so more people can experience it. It kind of follows the same reason for the existence of marginal tax brackets.
Nothing is subsidized here (in the sense that Sony could not offer those lower prices to other people if some didn't pay more
). If that were true, Sony would still make more money if they just didn't make these lower priced sales. No corporation will do that, unless they are amazon and want to buy market share.
This means, Sony could offer the lower price to everyone and still make a profit. They are just trying to squeeze everybody for the highest amount they can get away with.
Sony is of course trying to maximize profit levels, that's why I said this is probably just A/B testing. I did have another thought that could also make some sense so I shared that, because it wouldn't surprise me if Sony used demographic information to offer different sales to further maximize profits. Still not seeing any evidence that this is Dynamic Pricing like the article stated.
This is a machine that eats humans and shits gold. The more it eats, the more it shits. People are dying of hunger and freezing yet there’s plenty of food and warmth, only because the machine needs to keep running.
I mean it won't work this way I'm sure, but if they were smart, their algorithm would figure out that you never pay more than $10 for a game and offer it to you for that.
Gotta love everything being “stock-market-ized”. Where did it start at the consumer level? I wanna say solidly with entertainment industry. The one that simultaneously sells tickets to events and also operates the resale business. Sell a shitload of tickets to scalpers, then people have to pay extra to buy the “market” price for the ticket. Uber and Lyft certainly had to contribute with their “surge” pricing methods. PC parts were a big one with the shortages of everything from GPUs to HDDs over the last decade plus, but those didn’t affect the general public.
The purpose being to chop up your product differently to get different groups of consumers to pay more based on what they can afford, or the urgency of the purchase.
This is something that business has known about forever, with things like dividing travel tickets up into first class, business, economy, early-bird tickets etc.
What tech has done is enable not only segregating by service and time, but to segregate down to the individual person and find the maximum you're willing to pay.
And they can look at every factor. In a rush, pay more. Used the service twice last week? You must be in the habit now, so pay more. Using an iPhone not Android? You must be better off, pay more.
If they framed it like your account is being offered a special lower price, it would probably be better received, but not being transparent about it is BS. Pricing anything higher would be idiotic as you can see the base price when logged out.
For now you have access to the ability to connect to the internet for multiple places and not have businesses immediately know exactly who you are. That is gradually going to be eliminated until you can be assured that every interaction you have on every website and every service will know exactly who you are at all times.
Then it becomes a lot harder to investigate this kind of stuff for yourself.
Jokes on them because if the shit ain’t on sale enough to be the price I want to pay I still won’t be buying it. So they can dynamic price me all they want, I’ll only be buying it when they give me an adequate enough discount.
And I’ll complain about it to them if I learn they’re trying to fuck me.
But on the PlayStation Store, I can see a game is on sale and text my buddy who lives down the street about it, but when he opens the store it’s not on sale for him, only me.
You could have just said you don't know what dynamic pricing means.
Here's the low down: Dynamic pricing is when a company charges different prices for different people at the same time, potentially based on the individuals spending history. So customer A who rarely buys full priced games might be offered a discount, while consumer B who regularly buys full priced games is charged full price.
36 Comments
mthomson@forum.macaque.social · 102 pts · 138d
Dynamic pricing is pretty rude! The product hasn't changed, so why should it cost different prices for different people? It's just sneaky and dishonest.
NaibofTabr@infosec.pub · 58 pts · 138d
Dishonest Pricing
Dirty Pricing
Disgraceful Pricing
Deceptive Pricing
Despicable Pricing
Dastardly Pricing
Serinus@lemmy.world · 29 pts · 138d
Because they want to get every single nickel and dime they can out of each and every one of us.
Doc_Crankenstein@slrpnk.net · 9 pts · 138d
Same way water is different prices depending on if it's from a gas station or the airport.
Cause those who own the means to sell you the water want to exploit you for all your worth.
pheonixdown@sh.itjust.works · -24 pts · 138d
This doesn't feel like dynamic pricing to me. Dynamic pricing to me sounds like real-time algorithm based price adjustments.
This to me feels most like generic A/B testing where they're trying to identify optimal sales prices for future titles by offering different deals to different people. It could also be the result of some kind of classification of accounts that results in some kind of stratified pricing, like is done for regional pricing, but using account statistics rather than geolocation.
Why should some people have a better deal for the same product is because some people have better buying power, and they're used to subsidize lower prices for those who don't, so more people can experience it. It kind of follows the same reason for the existence of marginal tax brackets.
Triumph@fedia.io · 24 pts · 138d
Oh my sweet summer child.
Don_alForno@feddit.org · 8 pts · 138d
Nothing is subsidized here (in the sense that Sony could not offer those lower prices to other people if some didn't pay more ). If that were true, Sony would still make more money if they just didn't make these lower priced sales. No corporation will do that, unless they are amazon and want to buy market share.
This means, Sony could offer the lower price to everyone and still make a profit. They are just trying to squeeze everybody for the highest amount they can get away with.
pheonixdown@sh.itjust.works · 1 pts · 138d
Sony is of course trying to maximize profit levels, that's why I said this is probably just A/B testing. I did have another thought that could also make some sense so I shared that, because it wouldn't surprise me if Sony used demographic information to offer different sales to further maximize profits. Still not seeing any evidence that this is Dynamic Pricing like the article stated.
Ludicrous0251@piefed.zip · 58 pts · 138d
Shoutout to sites like isthereanydeal, camelcamelcamel, pcpartpicker, and dekudeals. At least they let you know when you're being scammed.
GargleBlaster@feddit.org · 6 pts · 138d
Wasn't camelcamelcamel bought by amazon a while back?
dotCody@lemmy.world · 6 pts · 138d
I think it was fakespot. The fake review spotter.
Flatfire@lemmy.ca · 1 pts · 135d
Nah, Fakespot was a Mozilla effort. They shuttered it recently, which might be what you're thinking of
BigTrout75@lemmy.world · 29 pts · 138d
Me not buying on PlayStation store is real too.
daggermoon@piefed.world · 23 pts · 138d
It feels like the world is ending.
Sharkticon@lemmy.zip · 18 pts · 138d
Late stage capitalism is eating our species alive right in front of our eyes.
dan1101@lemmy.world · 6 pts · 138d
A lot of people and corporations just trying to milk everything they can on the inevitable way down if things continue as they are.
Nikls94@lemmy.world · 4 pts · 138d
This is a machine that eats humans and shits gold. The more it eats, the more it shits. People are dying of hunger and freezing yet there’s plenty of food and warmth, only because the machine needs to keep running.
BeefHouse@lemmy.world · 16 pts · 138d
Just wanted to pop in and say it doesn't matter for shit how dynamic their pricing is because it's either less than 10bux or I ain't buying it
SuperEars@lemmy.world · 15 pts · 138d
1.99 game, now 8.99 just for you!
superglue@lemmy.dbzer0.com · 2 pts · 138d
I mean it won't work this way I'm sure, but if they were smart, their algorithm would figure out that you never pay more than $10 for a game and offer it to you for that.
RememberTheApollo_@lemmy.world · 12 pts · 138d
Gotta love everything being “stock-market-ized”. Where did it start at the consumer level? I wanna say solidly with entertainment industry. The one that simultaneously sells tickets to events and also operates the resale business. Sell a shitload of tickets to scalpers, then people have to pay extra to buy the “market” price for the ticket. Uber and Lyft certainly had to contribute with their “surge” pricing methods. PC parts were a big one with the shortages of everything from GPUs to HDDs over the last decade plus, but those didn’t affect the general public.
tiramichu@sh.itjust.works · 12 pts · 138d
What it's all about is "market segregation"
The purpose being to chop up your product differently to get different groups of consumers to pay more based on what they can afford, or the urgency of the purchase.
This is something that business has known about forever, with things like dividing travel tickets up into first class, business, economy, early-bird tickets etc.
What tech has done is enable not only segregating by service and time, but to segregate down to the individual person and find the maximum you're willing to pay.
And they can look at every factor. In a rush, pay more. Used the service twice last week? You must be in the habit now, so pay more. Using an iPhone not Android? You must be better off, pay more.
It's hell, and it should be illegal.
paultimate14@lemmy.world · 3 pts · 138d
It's also known as Price Discrimination, and depending on the details and jurisdiction sometimes it IS illegal.
Laws need to be updated to keep up with tech, and ENFORCED.
RememberTheApollo_@lemmy.world · 1 pts · 138d
Yeah, I get what it is. But I’m wondering who the culprit is that really opened the door for it to be used against the average consumer.
Headofthebored@lemmy.world · 11 pts · 138d
Glad I jailbroke mine.
pharceface@retrolemmy.com · 8 pts · 138d
This is why I have my ps2 back under the tv with free mcboot and a hard drive full of game back ups.
arcine@jlai.lu · 6 pts · 138d
I buy my games used at the store ! Sometimes that's even better value than Steam sales !
tiramichu@sh.itjust.works · 9 pts · 138d
Which is exactly why they want to get rid of physical sales completely
samus12345@sh.itjust.works · 4 pts · 138d
If they framed it like your account is being offered a special lower price, it would probably be better received, but not being transparent about it is BS. Pricing anything higher would be idiotic as you can see the base price when logged out.
AFaithfulNihilist@lemmy.world · 5 pts · 138d
For now you have access to the ability to connect to the internet for multiple places and not have businesses immediately know exactly who you are. That is gradually going to be eliminated until you can be assured that every interaction you have on every website and every service will know exactly who you are at all times.
Then it becomes a lot harder to investigate this kind of stuff for yourself.
samus12345@sh.itjust.works · 1 pts · 138d
Oh yeah, if it comes down to showing different prices based on location, not account, we'd need a website that keeps track or something.
SCmSTR@lemmy.blahaj.zone · 3 pts · 138d
Wanna know how to foster customer resentment?
AcesFullOfKings@feddit.uk · 4 pts · 138d
Tigeroovy@lemmy.ca · 2 pts · 138d
Jokes on them because if the shit ain’t on sale enough to be the price I want to pay I still won’t be buying it. So they can dynamic price me all they want, I’ll only be buying it when they give me an adequate enough discount.
And I’ll complain about it to them if I learn they’re trying to fuck me.
SaveTheTuaHawk@lemmy.ca · -17 pts · 138d
So Steam doesn't have sales and huge discounts on older games? Now we call this dynamic pricing?
Morons prepay and overpay for new games on all formats.
Next article: PS5 controller microplastics...000..
EncryptKeeper@lemmy.world · 12 pts · 138d
Steam games are either on sale, or they aren’t.
But on the PlayStation Store, I can see a game is on sale and text my buddy who lives down the street about it, but when he opens the store it’s not on sale for him, only me.
Havoc8154@mander.xyz · 11 pts · 138d
You could have just said you don't know what dynamic pricing means.
Here's the low down: Dynamic pricing is when a company charges different prices for different people at the same time, potentially based on the individuals spending history. So customer A who rarely buys full priced games might be offered a discount, while consumer B who regularly buys full priced games is charged full price.