Price gouging because of SBE
- Thread starter SUPERSTAR
- Start date
"Price gouging"
I think it is good and natural.
Think of it this way:
Let's say you are one of only 10 people in a city that had a certain skill. If all of the sudden there was a huge demand for your services, wouldn't you charge the most you could? Or, would you keep your charge the same as it would be if you had trouble finding work?
Same issue. There are a limited number of pool halls in an area and they can charge whatever they think they can get. People aren't being forced to pay their price and the pool halls shouldn't be forced to pay what people "feel" is a "fair" price. Additionally, their increased price will ensure that those who value their service the most will obtain it.
I think it is good and natural.
Think of it this way:
Let's say you are one of only 10 people in a city that had a certain skill. If all of the sudden there was a huge demand for your services, wouldn't you charge the most you could? Or, would you keep your charge the same as it would be if you had trouble finding work?
Same issue. There are a limited number of pool halls in an area and they can charge whatever they think they can get. People aren't being forced to pay their price and the pool halls shouldn't be forced to pay what people "feel" is a "fair" price. Additionally, their increased price will ensure that those who value their service the most will obtain it.
Most of the guys are from out of town and probably won't notice. However, you do run the risk of pissing off your regular customers.
Funny, not a single post about the local hotels raising their rates for the convention. Prices were up to $30 a night from when I booked last July. I guess its fine for hotels, but not people who are passionate about pool like Allen and Ed? Why are we trying to hold pool business owners to a different standard?
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In theory capitalism is self correcting. There's no moral value on prices (except for things that people can't live without). If they price things too high, the customer finds alternatives. Or if the customer feels slighted he takes future business elsewhere once "tourist season" dies down.
If the higher prices work, then it was a good call by the business owner.
Personally I wouldn't do it if I could afford not to jack prices up. Not because I feel it's wrong exactly... But because I don't want to give people a bad impression or make them resent me.
Posted from Azbilliards.com App for Android
If the higher prices work, then it was a good call by the business owner.
Personally I wouldn't do it if I could afford not to jack prices up. Not because I feel it's wrong exactly... But because I don't want to give people a bad impression or make them resent me.
Posted from Azbilliards.com App for Android
This is typical of tourism economics. In areas geared toward tourism it is common. In fact, it can be much "worse". In areas not specifically geared toward tourism it is still done during "rush" times when there is some local event that attracts visitors.
Example, here in Florida state residents get discounts at Disney World.
Another example here...prices go up in Daytona during Bike Week and during the 500.
I am not saying whether it's right or wrong, but it is certainly common, and a typical part of tourism economics.
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Example, here in Florida state residents get discounts at Disney World.
Another example here...prices go up in Daytona during Bike Week and during the 500.
I am not saying whether it's right or wrong, but it is certainly common, and a typical part of tourism economics.
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Supply and demand.
If we can make it illegal for a pool hall to raise prices during heavy demand, how about passing a law that all able-bodied adults must play pool at least one hour each week at $7 per hour.
If you're going to dictate price you've got to dictate supply and demand.
If we can make it illegal for a pool hall to raise prices during heavy demand, how about passing a law that all able-bodied adults must play pool at least one hour each week at $7 per hour.
If you're going to dictate price you've got to dictate supply and demand.
This happens small time and big time. Local tournaments jack up beer and food prices. Big events have rooms that normally go for $49 a night going for $100 during a national tournament.
It is what it is and you just have to do what yo have to do to protect your interests.
Lou Figueroa
I don't agree with it at all. I was vice president of a sports memorabilia company for about 11 years until they went bankrupt. I remember when Earnhardt died, the very next morning everyone except for us had jacked up prices to ridiculous amounts. I just couldn't justify making a profit like that off someone's tragedy. I realize that's not the same thing the OP is talking about but that's the main reason I don't agree with it in any instance.
Most of the year when I'm in Vegas, the local room I play in has an all day rate and /or a seniors rate available. Except of course when the BCAPL, VNEA or APA tournaments are in town. Then it's regular per hour rate. Do I complain? It's their choice. Does business go down? Only the owner knows for sure. If you don't like the price, go somewhere else!
Lyn
Lyn
I cant say it sucks or its great... Something I have just come to expect. I cant blame them.
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Hotels are more expensive on the weekends.
Airfare goes up in the summer.
These are not instances of "price gouging".
Neither is a poolroom raising their rates when an event is in town.
http://en.wikipedia.org/wiki/Price_gouging
Airfare goes up in the summer.
These are not instances of "price gouging".
Neither is a poolroom raising their rates when an event is in town.
http://en.wikipedia.org/wiki/Price_gouging
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Pool rooms having higher rates on fri and sat used to be standard around the NY metro area. I assume it still is.
It's the same logic that demands cheap consumer goods then complains that manufacturing jobs are going to countries with dirt-cheap labor.