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Joined 2 years ago
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Cake day: June 30th, 2023

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  • While the labels give retailers the ability to increase prices suddenly, Gallino doubts companies like Walmart will take advantage of the technology in that way.

    “To be honest, I don’t think that’s the underlying main driver of this,” Gallino said. “These are companies that tend to have a long-term relationship with their customers and I think the risk of frustrating them could be too risky, so I would be surprised if they try to do that.”

    Rather than seeing an opportunity to use surge pricing, Gallino says retailers are likely drawn to electronic shelf tags to ensure consistency between online and in-store pricing.

    This person must live on another planet.

    Sure, the prices won’t be changing every six seconds, but anyone with half a mind can see these tags won’t be used only when stock or expiry are a factor. The prices will be up on the weekend to start. Then later it’ll be changing through the day to get higher prices between 4:00-7:00 when people are getting off work.

    The arguments of no longer needing people to do yet another menial task and increasing utility of labels for consumers both have merit, but this alien even says the primary factor:

    “The bottom line … is the calculation of the amount of labor that they’re going to save by incorporating this."



  • I realize this isn’t why you mentioned the range of those vehicles, but I like to point out where I can that only a single digit percentage of all driven trips are more than fifty miles.

    More to the point of the thread, if people could get over this reason for not buying electric, there could be much cheaper options by halving the battery capacities in these vehicles. Of course that would mean the manufacturers would have to make them, which seems unlikely. Worthwhile to point out though I think.