alt-text: Woman ordering food (photo): “I would like to buy a hamburger for the same price that it was 2 hours ago.”
Cashier (sketched): “Sir, this is a Wendy's”
this post was submitted on 28 Feb 2024
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As long they don't keep the "lowest price" the regular base price, this does have the potential to disrupt fast food purchasing habits. Imagine people always trying to game Wendys to see if they can get the burger cheaper, you'd theoretically see a sine wave develop over a month or so. Then that sine wave would translate laterally as time further progressed and people adapted to the shifting surge pricing. It also has just as much likelihood to ruin Wendy's sales, but time will tell.
The fluxuations will be dampened by the fact people get hungry around 12 and 5. When people are able to buy food (lunch breaks and end of work day) will also limit such fluctuations. Maybe a sine wave will form but there probably isn't enough people with the ability or forsight to try and game the system.
Time constraints or not I think most people will just go next door to Burger King.
Also, if they start to sell cheaper that what use to be the regular price in off-peak hours, it could attract some people.
As long as they are transparent about which hour you'll find which price, that's not so much a problem for the customer. But transparency is important, I don't want to see the illegitimate son of Wendy's and SNCF pricing algorithm. Never.