Picture this: Chicago. Christmas week. Wind doing its best to remove your face. Your kids are lobbying hard for an Uber like it’s a humanitarian need. And somewhere in the background, an algorithm is quietly asking: How much will she pay before she gives up and starts walking?
In this episode, Jaime and Cindy unpack the not-so-magic trick behind personalized pricing and dynamic pricing: why the same item can cost one person $19.99 and another person $24.99, why your airline ticket seems to “sense commitment,” and why “Richistan premium” is… not entirely a joke.
We start with a simple question from Pamela and Kelsey (shout-out to the Michael’s aisle of confusion): Why is the online price different from the in-store price for the exact same item? From there, we follow the breadcrumbs through surge pricing, cart-abandonment discounts, subscription “please don’t leave us” offers, and the not-at-all-cozy possibility of platforms optimizing not only what riders will pay, but what workers will accept.
We also go global for a minute: how the EU’s GDPR approach differs from the U.S. patchwork, why disclosure laws are starting to show up, and what “trust as an economic asset” actually means when screenshots travel faster than your PR team.
In this episode, you’ll walk away with:
* How to spot when pricing is being shaped around you (and what to do about it)
* What leaders should consider before deploying pricing strategies that rely on customers not noticing
* Why discounts feel like rewards, price hikes feel like betrayal, and how that difference can make or break loyalty
Drop your own “wait, WHAT?” pricing stories in the comments. And if you’re headed to Chicago in December, may your gloves be warm and your fares be reasonable.
Until next time: keep your spreadsheets handy and your coffee strong.