But critics fear that companies may use customer data—like shopping history, purchase patterns, and age, gender, and income—to tailor prices specifically to them, which could mean two shoppers could see different prices for the same item, or the same shopper might pay more over time as retailers learn what they are willing to spend. Detractors […]

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  • postcapitalism@lemmy.today
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    1 day ago

    You set the base price higher and personalize the discount… same effect as automated price setting, with the convenient benefit of charging a higher price to those who don’t participate