Walmart Cans Dynamic Pricing
Walmart had been dabbling with the idea of “dynamic pricing,” but apparently is backing off. This comes after Wendy’s first experimented and found customers angry and upset.
Under dynamic pricing, prices can fluctuate in a split second. There are trackers that can even alter prices depending on the wealth of individuals standing nearby. So if a rich person strolls down the aisles, the prices would suddenly climb.
Walmart liked the idea, but after Wendy’s took a big financial hit pressing ahead with it, Walmart decided it’s premature to do so at this time. Here’s more from Clownfish TV.
