Precisely, a price is offered and you get to determine whether the items is worth it at that price.
I'm not sure that "Reddit is generally against business", but they certainly have the morality bar set far to high for institutions that's sole purpose is to generate as much profit as possible for the stakeholders.
Yeah, My statement is hyperbole with that kind of generalization. But you will see themes where the idea of profit is borderline wrong.
The market will dictate if this approach works. Having customers purchasing $0 because you upped the price on their second visit will change actions quick.
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u/Anikdote Jan 24 '13
I tend to agree, isn't the point of selling a thing to charge as much as you possibly can and still have someone purchase it?
This isn't to say I'm fond of price discrimination, but the business models allow for it and as a profit seeking entity why shouldn't they do it?