chapotraphouse

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Wendy's already walking back their surge pricing comments. They were testing the waters. (www.npr.org)

submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 31 points 5 months ago (2 children)

Wendy's didn't provide many additional details, but it said in a separate statement that the digital menus could allow the company to offer discounts to customers during slower times of day.

Don't worry! The prices won't be higher at busier times, they'll just be lower at slower times thonk fry

[–] [email protected] 14 points 5 months ago* (last edited 5 months ago) (1 children)

They're gonna raise prices even more so the "low" prices are at the levels of current prices.

Before: $5 for a burger

After ~~$9~~ $5 for a burger!

[–] [email protected] 15 points 5 months ago

No no, it's a totally different thing. Here let me explain.

Let x represent the prices during busy times and y represent prices during slower times.

"Surge pricing" is when x > y (boo, everyone hates it, Wendy's is definitely not doing that)

"Dynamic pricing" is when y < x (totally different, consumer friendly, yay discounts)

So you see, x won't be greater than y, y will simply be less than x clown-to-clown-communication

[–] [email protected] 8 points 5 months ago

That was absolutely the plan from the start