Imagine you're trying to buy a toy, and the store says it costs $10. But when you come back tomorrow, they say it's now $12, and maybe even more! This happens because stores want to make sure people pay as much as possible. They might do this by watching how many people look at the toy or try to buy it, and then change the price like a game of hide-and-seek.
Examples
- You see a toy priced at $10 today, but it costs $12 tomorrow.
- A video game you want is cheaper on one website than another.
- The same book costs more when you come back to buy it later.
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Categories: Economics · online shopping· price changes· e-commerce· consumer behavior· dynamic pricing