Peak Time Pricing

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nickyboy

Norven Mankey
Try looking at it from the perspective of the sandwich shop. They employ sandwich makers while they're open. If they have a fixed price regardless of when they're purchased they will have loads of demand at the ideal time for the purchaser (ie lunchtime I presume) and not much demand in the morning or afternoon

They probably have so much demand at lunchtime they can't adequately cater for it. From their perspective what would be great is if they can knock the peak off this lunchtime demand and redistribute it into periods when they have plenty of sandwich-making capacity but not so much demand.

They could try to employ sandwich makers just at lunchtime but nobody really wants to work just a couple of hours. So their best approach is to charge less in the morning and afternoon (when people don't really want the sarnies) than at lunchtime to shift some of the peak demand

But supermarkets....with their sarnies premade, good all day...I think there's little justification. It's completely different from transport differential pricing as, once the train has gone half full, it's gone. Premade sandwiches are, effectively, a train at the platform waiting to go all day
 

GrumpyGregry

Here for rides.
We live in a society where the so-called free market is king. This is how the so-called free market works. What did folk think they were voting for, socialism?
 

PK99

Legendary Member
Location
SW19
[QUOTE 4856845, member: 259"]Real fruit andvegetable and fish markets change their prices according to demand and supply and have done for years. Instead of whining about supermarkets, go to a small shop or stall and make an offer. Go there at the end of the day if you want it cheaper. Get together with a few friends and group buy.[/QUOTE]

Xmas eve in the afternoon is a great time to buy whole fresh salmon at the local big Tesco.
 
How about the customer pays what they think is the right price for the product/service provided?

A limp sandwich is a limp sandwich regardless of time.

That's precisely why I go yellow stickering. :smile:

I quite often find myself in a situation where I've eaten something I've bought on YS and think "I'd quite happily buy this on YS but I certainly wouldn't pay the full whack." Nuff said really. NB: this usually applies to pre-prepared stuff as opposed to things that I need to cook from scratch.

And sometimes there are things that I wouldn't have again even if I was paid to take it away. :surrender:
 

classic33

Leg End Member
That's precisely why I go yellow stickering. :smile:

I quite often find myself in a situation where I've eaten something I've bought on YS and think "I'd quite happily buy this on YS but I certainly wouldn't pay the full whack." Nuff said really. NB: this usually applies to pre-prepared stuff as opposed to things that I need to cook from scratch.

And sometimes there are things that I wouldn't have again even if I was paid to take it away. :surrender:
It mine mean the end of yellow stickering though. Then what?
 

Saluki

World class procrastinator
The enthusiasm for smart energy meters is there at the moment so that, once we are all on them, it will cost you more to heat the house, watch TV or do anything else at 'peak times'. Which is why I won't have one until they actually force one on me.
Peak pricing goods you can buy throughout the day seems yet another step to far to me!
I used to work in the Energy industry and I reckon that you are bob on with that. I'm holding off until I absolutely have to have one and they knock my door down to fit the dang thing. Got another 3 years to go before one is forced on me.
 
It mine mean the end of yellow stickering though. Then what?

Doubt it. There'll always be stuff the supermarkets won't be able to shift at the end of the day, and what with their commitment to reducing food waste...

Case in point Tesco's last Monday. Scorching hot, chiller units shut down to divert power to warehouse chillers and freezers, about a hundred punnets of very ripe strawberries and thirty trays of jersey royals to shift...
 

classic33

Leg End Member
Doubt it. There'll always be stuff the supermarkets won't be able to shift at the end of the day, and what with their commitment to reducing food waste...

Case in point Tesco's last Monday. Scorching hot, chiller units shut down to divert power to warehouse chillers and freezers, about a hundred punnets of very ripe strawberries and thirty trays of jersey royals to shift...
That was down to something unexpected. There may well be less in the store at certain times, if peak & off-peak pricing becomes commonplace.
 

cyberknight

As long as I breathe, I attack.
I used to work in the Energy industry and I reckon that you are bob on with that. I'm holding off until I absolutely have to have one and they knock my door down to fit the dang thing. Got another 3 years to go before one is forced on me.
Question about them ,
If your the average 2 adult , few kids and your heating is on all the time in winter because someone is in etc etc how is a smart meter going to save you money ? dont you pay extra for the service so in the long run your not saving ?
FIL just had one and they are retired and always someone in .
 

Electric_Andy

Heavy Metal Fan
Location
Plymouth
Depends if it's "lunch time" items only, or applies to the whole store price? Knowing the greedy supermarkets, I can see them raising the price of sandwiches at lunch time and raising the "weekly shop" items at evenings and weekends, knowing that people who work have no other time to shop. If this happens I'd have no problem shopping somewhere else or at a different time, but would of course depend on the percentage price difference.
 

Electric_Andy

Heavy Metal Fan
Location
Plymouth
pubs often have a happy hour which is the same thing. Ditto restaurants can have an early evening discount
I don't go to pubs much, but haven't seen a happy hour deal in years. Likewise, I don't think I've ever seen an earlybird discount at a restaurant. Maybe in the larger cities only
 
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