Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
GM wrote:That would be much more appealing. They started off wrong and everyone
Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
I read this earlier today and like everyone commenting on this stupidity online I can't see it succeeding and they will fail. There's too many
other fast-food places to choose from without being gouged because of
the time of day you order.
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
🙄
On 2/28/2024 6:57 PM, ItsJoanNotJoAnn wrote:
That would be much more appealing. They started off wrong and everyone assumes higher prices but they should say "discount times"
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
🙄
Done that way, some people may shift their lunch break from the peak
times.
GM wrote:
Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
I read this earlier today and like everyone commenting on this stupidity online I can't see it succeeding and they will fail. There's too many
other fast-food places to choose from without being gouged because of
the time of day you order.
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
On 2024-02-28 6:57 p.m., ItsJoanNotJoAnn wrote:
GM wrote:
Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
I read this earlier today and like everyone commenting on this stupidity
online I can't see it succeeding and they will fail. There's too many
other fast-food places to choose from without being gouged because of
the time of day you order.
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
I can't imagine them launching something like that without having their public relations department crafting an announcement that was so well
worded that even the stupidest journalist could misunderstand it.
Somebody dropped the ball.
On 2/28/2024 9:58 PM, Dave Smith wrote:
On 2024-02-28 6:57 p.m., ItsJoanNotJoAnn wrote:It's all over different news sites. It doesn't make a lot of sense but apparently someone thought it would be a good idea. The problem with
GM wrote:
Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
I read this earlier today and like everyone commenting on this stupidity >>> online I can't see it succeeding and they will fail. There's too
many other fast-food places to choose from without being gouged
because of the time of day you order.
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
I can't imagine them launching something like that without having
their public relations department crafting an announcement that was so
well worded that even the stupidest journalist could misunderstand it.
Somebody dropped the ball.
that is what they're proposing is basically price-gauging. Charge less during peak hours but raise the prices someone else orders something a
few minutes or an hour later. It's ridiculous.
Jill
On 2/28/2024 9:58 PM, Dave Smith wrote:
On 2024-02-28 6:57 p.m., ItsJoanNotJoAnn wrote:It's all over different news sites. It doesn't make a lot of sense but apparently someone thought it would be a good idea. The problem with
GM wrote:
Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
I read this earlier today and like everyone commenting on this stupidity >>> online I can't see it succeeding and they will fail. There's too many
other fast-food places to choose from without being gouged because of
the time of day you order.
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
I can't imagine them launching something like that without having their
public relations department crafting an announcement that was so well
worded that even the stupidest journalist could misunderstand it.
Somebody dropped the ball.
that is what they're proposing is basically price-gauging. Charge less during peak hours but raise the prices someone else orders something a
few minutes or an hour later. It's ridiculous.
On 2024-02-29, jmcquown <j_mcquown@comcast.net> wrote:
On 2/28/2024 9:58 PM, Dave Smith wrote:
On 2024-02-28 6:57 p.m., ItsJoanNotJoAnn wrote:It's all over different news sites. It doesn't make a lot of sense but
GM wrote:
Dynamic surge pricing for Wendy’s
https://marginalrevolution.com/marginalrevolution/2024/02/dynamic-surge-pricing-for-wendys.html
I read this earlier today and like everyone commenting on this stupidity >>>> online I can't see it succeeding and they will fail. There's too many >>>> other fast-food places to choose from without being gouged because of
the time of day you order.
Just now saw a short report on the national news about this idiocy.
Wendy's is backtracking and saying the CEO's comments about jacking
up prices at different times of the day is not true. What they are
now saying, depending on the time of the day, food items will be
cheaper and not more expensive.
I can't imagine them launching something like that without having their >>> public relations department crafting an announcement that was so well
worded that even the stupidest journalist could misunderstand it.
Somebody dropped the ball.
apparently someone thought it would be a good idea. The problem with
that is what they're proposing is basically price-gauging. Charge less
during peak hours but raise the prices someone else orders something a
few minutes or an hour later. It's ridiculous.
It may be ridiculous, but it's become more and more common. Airlines
have been doing it for a long time. Uber, Amazon, electric utilities, Disneyland and other theme parks, gas stations. Haven't you noticed
an increase in gas prices around holidays?
On 2/29/2024 5:08 AM, Cindy Hamilton wrote:
It may be ridiculous, but it's become more and more common. AirlinesActually the gas prices around here haven't fluctuated much around
have been doing it for a long time. Uber, Amazon, electric utilities,
Disneyland and other theme parks, gas stations. Haven't you noticed
an increase in gas prices around holidays?
holidays lately, which is odd since this seems to have become something
of a tourist mecca.
It may be ridiculous, but it's become more and more common. Airlines
have been doing it for a long time. Uber, Amazon, electric utilities, Disneyland and other theme parks, gas stations. Haven't you noticed
an increase in gas prices around holidays?
Legal as long as there exists no evidence of communication; otherwise
a form of collusion fraud. They joke(?) about it in TV commercials
when the gas station operators are seen using binoculars to check
out the competition and then just pretend they were peeking at hooters.
Last year, grocery chains here were fined millions for fixing bread.
To pay it, they agreed to simultaneously fix the price of bread
for a certain time period, which I see as somewhat paradoxical.
“Beginning as early as 2025, we will begin testing more enhanced
features like dynamic pricing and daypart offerings, along with
AI-enabled menu changes and suggestive selling,” he said.
On 2024-02-29, Cindy Hamilton wrote:
It may be ridiculous, but it's become more and more common. Airlines
have been doing it for a long time. Uber, Amazon, electric utilities,
Disneyland and other theme parks, gas stations. Haven't you noticed
an increase in gas prices around holidays?
Legal as long as there exists no evidence of communication; otherwise
a form of collusion fraud. They joke(?) about it in TV commercials
when the gas station operators are seen using binoculars to check
out the competition and then just pretend they were peeking at hooters.
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