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AM/PM Session - 27 June 2017 - Supermarkets adopting dynamic pricing
We read an article about how supermarkets are thinking about changing the prices of goods depending on data that they receive from people:
Vocabulary Top 10:
haggling - to talk or argue with someone especially in order to agree on a price
high-minded - having or showing intelligence and a strong moral character
loss leader - a product sold at a loss to attract customers
bazaar - a type of market found especially in Middle Eastern countries that has rows of small shops which sell many different kinds of things
intuit - to know or understand (something) because of what you feel or sense rather than because of evidence : to know or understand (something) through intuition
soft touch - a person who readily gives or does something if asked
dodgy - false or dishonest; in bad condition; difficult or risky
bricks and mortar - used to describe a traditional store or business that is in a building instead of on the Internet
pay over the odds - to pay more for something than it is really worth
traipsing - to walk or go somewhere, especially wearily or reluctantly
Do you think it´s fair that different people are charged different amounts for the same product?