Dynamic Pricing coming to a fast food restaurant near you
StardogChamp79
Posts: 1,022
Fast food restaurants are now taking a page out of Ticketmaster’s book. 🤦 It appears this may be the way of the world. Oh the humanity!
https://www.cnn.com/2024/02/27/food/wendys-test-surge-pricing/index.html
https://www.cnn.com/2024/02/04/business/its-not-just-the-super-bowl-going-to-a-game-is-becoming-unaffordable/index.html
https://www.cnn.com/2024/02/27/food/wendys-test-surge-pricing/index.html
https://www.cnn.com/2024/02/04/business/its-not-just-the-super-bowl-going-to-a-game-is-becoming-unaffordable/index.html
Alpine Valley Music Theatre East Troy, Wisconsin (September 03, 2011); Alpine Valley Music Theatre East Troy, Wisconsin (September 04, 2011); Deluna Fest Pensacola, FL (September 21, 2012); Wrigley Field (July 19, 2013); Milwaukee, WI (October 20, 2014); Wrigley Field I (August 20, 2016); Wrigley Field II (August 22, 2016); Home Shows Seattle Night 1 (August 08, 2018), Home Shows Seattle Night 2 (August 10, 2018), Apollo Theater (September 10, 2022), Madison Square Garden (September 11, 2022), Bourbon & Beyond Louisville (September 17th, 2022).
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Nothing since then. I suck.2016- Fenway Park, Boston - Both glorious nights
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Someone mentioned movie prices are different at different times.
Go to any restaurant and they have lunch specials, weekday specials, happy hour specials, early bird specials, pretty much a special for any time of the day that isn't peak dinner.
This is nothing new. Not even new to the food industry. Just new to fast food.
Even fast food has coupons only valid certain hours (outside peak times), or specials on valid certain hours. Dominoes might offer "free" delivery, but different pricing for take out vs delivery. So real doesn't seem like anything new to me.
However Wendy's quickly took note of the backlash and changed/supposedly clarified their tune:
Wendy’s says it won’t use surge pricing | CNN Business
In the article is says "Wendy’s said the new new digital menus could be used to “change the menu offerings at different times of day and offer discounts,” rather than change prices."
So sounds like that is exactly what they are doing, raising and lowering the price. Subway offers foot long specials after 4 PM. No one has ever complained about that. This doesn't sound any different to me.
But, since it's a year away from even a test market, I have no idea if it will be like that or not. Could just be here's one menu from 6 AM - 10, a 10-2:00 menu, and a 2:00 and later menu pricing.