Value based pricing - Revision history

Sgath92: Archived missing references except MSN (did not capture)

2026-01-05T02:22:59Z

Archived missing references except MSN (did not capture)

← Older revision		Revision as of 02:22, 5 January 2026
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	===Price gouging individual or specific consumer groups===		===Price gouging individual or specific consumer groups===
	With specific apps that you buy stuff from may collect your data without your consent. This allows companies to charge more for the same items that you may buy again later on. These apps likely also share this type of purchase history with other providers that share similar products for profit.<ref>https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/ \|archive-url=https://web.archive.org/web/20250927110156/https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/ \|archive-date=27 Sep 2025</ref>		With specific apps that you buy stuff from may collect your data without your consent. This allows companies to charge more for the same items that you may buy again later on. These apps likely also share this type of purchase history with other providers that share similar products for profit.<ref>{{Cite web \|author=Forbes \|title=Are Airlines Spying On You- The Hidden Costs of Surveillance Pricing and How To Avoid Them \|url=https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/ \|archive-url=https://web.archive.org/web/20250927110156/https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/ \|archive-date=27 Sep 2025}}</ref>

	===Targeted smart pricing with AI===		===Targeted smart pricing with AI===
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	==Examples==		==Examples==
	[[Walmart]] & Kroger plans of using smart pricing or "surge pricing"<ref ~~name~~=~~"WalmartSurge">[~~https://www.dailydot.com/news/walmart-surge-pricing/ ~~Walmart Surge Pricing]~~ \|archive-url=https://web.archive.org/web/20251203094358/https://www.dailydot.com/news/walmart-surge-pricing/ \|archive-date=3 Dec 2025</ref> on its in-person retail products. Walmart denies this claim.<ref ~~name~~=~~"WalmartLabels">[~~https://www.msn.com/en-us/money/companies/walmart-is-replacing-its-price-labels-with-digital-screens-but-the-company-swears-it-won-t-use-it-for-surge-pricing ~~Walmart Denies Surge Pricing]~~</ref>		[[Walmart]] & Kroger plans of using smart pricing or "surge pricing"<ref>{{Cite web \|author=DailyDot \|title=Walmart Surge Pricing \|url=https://www.dailydot.com/news/walmart-surge-pricing/ \|archive-url=https://web.archive.org/web/20251203094358/https://www.dailydot.com/news/walmart-surge-pricing/ \|archive-date=3 Dec 2025}}</ref> on its in-person retail products. Walmart denies this claim.<ref>{{Cite web \|author=MSN \|title=Walmart Is Replacing Its Price Labels with Digital Screens But the Company Swears It Won't Use It For Surge Prcing \|url=https://www.msn.com/en-us/money/companies/walmart-is-replacing-its-price-labels-with-digital-screens-but-the-company-swears-it-won-t-use-it-for-surge-pricing }}</ref>

	[[Cloudflare]] charging you higher rates for the same plan as other users.		[[Cloudflare]] charging you higher rates for the same plan as other users.

Sgath92: Archived missing references

2026-01-05T02:10:39Z

Archived missing references

← Older revision		Revision as of 02:10, 5 January 2026
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	===Price gouging individual or specific consumer groups===		===Price gouging individual or specific consumer groups===
	With specific apps that you buy stuff from may collect your data without your consent. This allows companies to charge more for the same items that you may buy again later on. These apps likely also share this type of purchase history with other providers that share similar products for profit.<ref>https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/</ref>		With specific apps that you buy stuff from may collect your data without your consent. This allows companies to charge more for the same items that you may buy again later on. These apps likely also share this type of purchase history with other providers that share similar products for profit.<ref>https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/ \|archive-url=https://web.archive.org/web/20250927110156/https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/ \|archive-date=27 Sep 2025</ref>

	===Targeted smart pricing with AI===		===Targeted smart pricing with AI===
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	==Examples==		==Examples==
	[[Walmart]] & Kroger plans of using smart pricing or "surge pricing"<ref name="WalmartSurge">[https://www.dailydot.com/news/walmart-surge-pricing/ Walmart Surge Pricing]</ref> on its in-person retail products. Walmart denies this claim.<ref name="WalmartLabels">[https://www.msn.com/en-us/money/companies/walmart-is-replacing-its-price-labels-with-digital-screens-but-the-company-swears-it-won-t-use-it-for-surge-pricing Walmart Denies Surge Pricing]</ref>		[[Walmart]] & Kroger plans of using smart pricing or "surge pricing"<ref name="WalmartSurge">[https://www.dailydot.com/news/walmart-surge-pricing/ Walmart Surge Pricing] \|archive-url=https://web.archive.org/web/20251203094358/https://www.dailydot.com/news/walmart-surge-pricing/ \|archive-date=3 Dec 2025</ref> on its in-person retail products. Walmart denies this claim.<ref name="WalmartLabels">[https://www.msn.com/en-us/money/companies/walmart-is-replacing-its-price-labels-with-digital-screens-but-the-company-swears-it-won-t-use-it-for-surge-pricing Walmart Denies Surge Pricing]</ref>

	[[Cloudflare]] charging you higher rates for the same plan as other users.		[[Cloudflare]] charging you higher rates for the same plan as other users.

Agent47 at 09:41, 24 November 2025

2025-11-24T09:41:17Z

← Older revision		Revision as of 09:41, 24 November 2025
Line 12:		Line 12:

	===Price gouging individual or specific consumer groups===		===Price gouging individual or specific consumer groups===
	With specific apps that you buy stuff from may collect your data without your consent. This allows companies to charge more for the same items that you may buy again later on. These apps likely also share this type of purchase history with other providers that share similar products for profit.		With specific apps that you buy stuff from may collect your data without your consent. This allows companies to charge more for the same items that you may buy again later on. These apps likely also share this type of purchase history with other providers that share similar products for profit.<ref>https://www.forbes.com/sites/advisor/2024/12/09/are-airlines-spying-on-you-the-hidden-costs-of-surveillance-pricing-and-how-to-avoid-them/</ref>

	===Targeted smart pricing with AI===		===Targeted smart pricing with AI===

Drakeula: /* Further reading */ Price fixing

2025-10-12T06:03:19Z

Drakeula: /* Further reading */ whaling

2025-10-12T05:57:52Z

Drakeula: further reading - Financial censorship

2025-10-12T05:34:53Z

Drakeula: Drakeula moved page Value Based Pricing to Value based pricing: Misspelled title: Not in sentence case

2025-10-12T03:30:37Z

Drakeula moved page Value Based Pricing to Value based pricing: Misspelled title: Not in sentence case

← Older revision		Revision as of 03:30, 12 October 2025
(No difference)

Drakeula: surge pricing

2025-09-22T03:12:07Z

surge pricing

← Older revision		Revision as of 03:12, 22 September 2025
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	'''Value Based Pricing''' (VBP), also known as Value Optimized Pricing (VOP), is the practice of setting the price of a product or service based on its estimated value to a specific consumer. This practice effectively gauges how much the consumer values what they are paying for before resorting to a competitor or creating their own solution.		'''Value Based Pricing''' (VBP), also known as Value Optimized Pricing (VOP), or Surge Pricing, is the practice of setting the price of a product or service based on its estimated value to a specific consumer or at a specific time. This practice effectively gauges how much the consumer values what they are paying for before resorting to a competitor or creating their own solution.

	==How it works==		==How it works==

Drakeula: /* How it works */ spell out acro.

2025-09-22T02:29:54Z

How it works: spell out acro.

← Older revision		Revision as of 02:29, 22 September 2025
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	Value Based Pricing (VBP), also known as Value Optimized Pricing (VOP), is the practice of setting the price of a product or service based on its estimated value to a specific consumer. This practice effectively gauges how much the consumer values what they are paying for before resorting to a competitor or creating their own solution.		'''Value Based Pricing''' (VBP), also known as Value Optimized Pricing (VOP), is the practice of setting the price of a product or service based on its estimated value to a specific consumer. This practice effectively gauges how much the consumer values what they are paying for before resorting to a competitor or creating their own solution.

	==How it works==		==How it works==
	A consumer subscribes to service '''x''' for $4.00. This is a service which offers movies, TV shows, and so on. To increase profits, the company may decide to collect ~~info~~ about how specific users use the app, along with other data purchased from external sources (such as data brokers) about the individuals in question to build detailed profiles which can be used to predict how much individual customers may be willing to pay to maintain access to the service. Having identified the customers who are likely to have a higher tolerance for price increases, the company then increases the price offered to those specific customers (e.g. from $4 to $6 per month), while continuing to offer the lower price to other users.		A consumer subscribes to service '''x''' for $4.00. This is a service which offers movies, TV shows, and so on. To increase profits, the company may decide to collect information about how specific users use the app, along with other data purchased from external sources (such as data brokers) about the individuals in question to build detailed profiles which can be used to predict how much individual customers may be willing to pay to maintain access to the service. Having identified the customers who are likely to have a higher tolerance for price increases, the company then increases the price offered to those specific customers (e.g. from $4 to $6 per month), while continuing to offer the lower price to other users.

	This is done under the assumption that the profiled individuals will be less likely to react to an increase in subscription costs, either because they don't consider the increase meaningful, or because they are not paying close attention to their expenditure. Even if some of the targeted group do cancel their subscriptions, the increased revenue from the remaining customers will likely more than offset the loss.		This is done under the assumption that the profiled individuals will be less likely to react to an increase in subscription costs, either because they don't consider the increase meaningful, or because they are not paying close attention to their expenditure. Even if some of the targeted group do cancel their subscriptions, the increased revenue from the remaining customers will likely more than offset the loss.
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	===Targeted smart pricing with AI===		===Targeted smart pricing with AI===
	When doing any type of transaction online or in person, there could be some AI assistant watching you. This can vary from your appearance, type of diction, clicking patterns, chat logs within the help sidebar, how often products are viewed, and how frequently you're looking at them. By automating all of this into a weighted model can be used to target users automatically by assuming their income bracket and adjusting prices accordingly instead of paying a marketing department do it for them. Smart pricing is the new method many companies embrace to maximize profit while reducing expenditures		When doing any type of transaction online or in person, there could be some [[artificial intelligence]] (AI) assistant watching you. This can vary from your appearance, type of diction, clicking patterns, chat logs within the help sidebar, how often products are viewed, and how frequently you're looking at them. By automating all of this into a weighted model can be used to target users automatically by assuming their income bracket and adjusting prices accordingly instead of paying a marketing department do it for them. Smart pricing is the new method many companies embrace to maximize profit while reducing expenditures

	==Examples==		==Examples==

AnotherConsumerRightsPerson: /* How it works */ Shortened title.

2025-09-05T16:21:15Z

How it works: Shortened title.

← Older revision		Revision as of 16:21, 5 September 2025
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	Value Based Pricing (VBP), also known as Value Optimized Pricing (VOP), is the practice of setting the price of a product or service based on its estimated value to a specific consumer. This practice effectively gauges how much the consumer values what they are paying for before resorting to a competitor or creating their own solution.		Value Based Pricing (VBP), also known as Value Optimized Pricing (VOP), is the practice of setting the price of a product or service based on its estimated value to a specific consumer. This practice effectively gauges how much the consumer values what they are paying for before resorting to a competitor or creating their own solution.

	==How it works ~~- a worked example~~==		==How it works==
	A consumer subscribes to service '''x''' for $4.00. This is a service which offers movies, TV shows, and so on. To increase profits, the company may decide to collect info about how specific users use the app, along with other data purchased from external sources (such as data brokers) about the individuals in question to build detailed profiles which can be used to predict how much individual customers may be willing to pay to maintain access to the service. Having identified the customers who are likely to have a higher tolerance for price increases, the company then increases the price offered to those specific customers (e.g. from $4 to $6 per month), while continuing to offer the lower price to other users.		A consumer subscribes to service '''x''' for $4.00. This is a service which offers movies, TV shows, and so on. To increase profits, the company may decide to collect info about how specific users use the app, along with other data purchased from external sources (such as data brokers) about the individuals in question to build detailed profiles which can be used to predict how much individual customers may be willing to pay to maintain access to the service. Having identified the customers who are likely to have a higher tolerance for price increases, the company then increases the price offered to those specific customers (e.g. from $4 to $6 per month), while continuing to offer the lower price to other users.

← Older revision		Revision as of 06:03, 12 October 2025
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	*[[Financial censorship]]		*[[Financial censorship]]
			*[[Price fixing]]
	*[[Whaling (gaming industry term)]]		*[[Whaling (gaming industry term)]]

← Older revision		Revision as of 05:57, 12 October 2025
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	[[Doordash]] charging users hidden fees based on how they use the app and what device they were ordering from.		[[Doordash]] charging users hidden fees based on how they use the app and what device they were ordering from.

	== Further reading ==		==Further reading==

	* [[Financial censorship]]		*[[Financial censorship]]
			*[[Whaling (gaming industry term)]]

	==References==		==References==

← Older revision		Revision as of 05:34, 12 October 2025
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	[[Doordash]] charging users hidden fees based on how they use the app and what device they were ordering from.		[[Doordash]] charging users hidden fees based on how they use the app and what device they were ordering from.

			== Further reading ==

			* [[Financial censorship]]

	==References==		==References==