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Wednesday, May 10, 2017

Pricing Bots

 Saw this experimented with.    With electronic shelf labels.

Are pricing bots a boon or bane for consumers?  by George Anderson   and Discussion.

It’s a common plot twist — a scientist invents a new medicine or technology intended to help humankind, but in the end its original intent is perverted to cause harm. Such may be the case with so-called pricing or shopping bots.

The idea behind the tech is pretty straightforward: an application is created that automates price checks of competitive websites. This allows a retailer to respond almost instantly to price changes made by rivals that could put the company at a competitive disadvantage. ....  "

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