Raising prices during peak demand to shut out some customers. Ethical or Unethical?

[Trush Jodie]

When there is peak demand, a business might receive too much orders beyond it's available stock. Do you think raising prices to shut out some customers is a bad strategy? Don't you think it helps to control demand and balance it with supply when there are too many orders?

 

[Fidelia]

I always raise prices during peak seasons. It is not to shut out some customers. It is just to maximize the season since I would have to stretch to deliver.

 

[King Belieal]

During Christmas, I always double the normal prices that I sell my chickens during the normal parts of the year. It is a normal market trigger.

 

[eLdavis]

I don't think there is anything wrong with increasing the price when there is limited stock and the demand is high.

 

[Fire&Rain]

Its a tricky one. I get why businesses raise prices, it helps manage limited stock and keeps things under control. But it can feel unfair to loyal customers. I think its okay if its transparent and not exploitative. Balance is key between profit and treating people right.

 

[Augusta]

Raising prices during peak demand to limit customer access can be viewed as both ethical and unethical, depending on the specific context and perspective. It can be seen as a legitimate business practice to manage demand and cover costs,

 

[Min George]

It is a normal business process to raise prices during peak periods. Nothing unethical about that. Businesses have to cash in.

 

[Augusta]

Raising prices during peak demand to shut out some customers is ethical as a business is crested to make profit and profit they must make

 

[wisdom01]

Transparency is everything; if businesses clearly communicate price changes, it builds trust, and customers appreciate honesty, making the price hike more understandable.

 

[oliver991]

I don’t think it’s automatically wrong. If you have limited stock and very high demand, price is a natural way to regulate the flow. The important part is not making it look like you’re taking advantage of customers, otherwise reputation drops faster than profits rise.

 

[wisdom01]

I don’t think it’s automatically wrong. If you have limited stock and very high demand, price is a natural way to regulate the flow. The important part is not making it look like you’re taking advantage of customers, otherwise reputation drops faster than profits rise.

Fair point, balance is key, prioritize transparency and customers will appreciate the honesty, win-win situation.