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Wendy’s planning Uber-style ‘surge pricing’ where burger prices fluctuate based on demand
NY Post ^ | 02/26/2024 | Shannon Thaler

Posted on 02/26/2024 8:50:40 AM PST by ChicagoConservative27

Wendy’s is preparing to test an “Uber-style” surge-pricing model where prices will fluctuate throughout the day based on demand — meaning a Dave’s burger will cost more during the lunchtime rush.

Wendy’s CEO Kirk Tanner — who rose to the chief role earlier this month — announced the new system on a call with investors, noting that the pricing menu will begin testing in 2025, Daily Mail earlier reported.

With the dynamic pricing model, the chain’s iconic Dave’s Single could increase by as much as $1 at lunchtime and drop down by the same amount after the lunch rush.

With constant pricing shifts, Wendy’s will rely on “digital menu boards,” Tanner said.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Chit/Chat; Food; Society
KEYWORDS: kirktanner; laborcosts; pricing; supplyanddemand; supplychain; surgel; uberstyle; wendys
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Wendy's was always my fav
1 posted on 02/26/2024 8:50:40 AM PST by ChicagoConservative27
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To: ChicagoConservative27

My favorite as well, but, seeing this de elopement, I’ll pass.


2 posted on 02/26/2024 8:52:08 AM PST by CletusVanDamme (Well I'm all broken up about that man's rights... )
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idiotic and confusing....


3 posted on 02/26/2024 8:54:15 AM PST by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: ChicagoConservative27
"based on demand"??? BULLSHIITE!

It's based on BIDEN'S OUT-OF-CONTROL INFLATION!

4 posted on 02/26/2024 8:54:16 AM PST by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: CivilWarBrewing

That’s right.


5 posted on 02/26/2024 8:56:13 AM PST by No name given (Anonymous is who you’ll know me as)
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To: CletusVanDamme

It is interesting to see how “EZ-Pay” automated toll payments have evolved up here in the NYC area. At this point, tolls are usually not posted either on the road or via resources like Google Maps. On a lot of roads, a driver doesn’t really know when or if tolling has kicked in. If you don’t have “EZ-Pay” registered with NY State, rather than another state, you may pay almost twice as much to go over a bridge, or whatever. And of course if you don’t have EZ-Pay at all, you may pay nearly twice as much as that, with a bill sent to by mail—and nonpayment threatening your registration.

In essence, they are headed to an “if you have to ask, you can’t afford it” posture for driving on roads. Uber in some ways is already there. And now, it is inching in to restaurants? The likely longer-term direction there, as “deposit tokens” become the new social credit score/fascist model of totalitarianism, is for custom pricing based on who you are, not just the time of day you are ordering a burger.


6 posted on 02/26/2024 8:59:43 AM PST by 9YearLurker
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To: ChicagoConservative27

Free enterprise. Let them see how it works out.


7 posted on 02/26/2024 9:00:03 AM PST by gunnut
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To: Vendome

Reason # 72 to not eat there.....or any fast food for that matter......eating that crap on a regular basis is tantamount to smoking cigarettes IMO.


8 posted on 02/26/2024 9:00:08 AM PST by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: ChicagoConservative27

So if I go in to Wendy’s at 2:30 in the afternoon, I could get a Chili and fries for a few bucks? I’ll stock up


9 posted on 02/26/2024 9:00:31 AM PST by mikelets456
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To: ChicagoConservative27

I don’t eat much fast food these days, but Wendy’s is out if they start doing that. What next, pricing according to the customer’s net worth?

“Just a second while we review your financial statement, sir, and then we’ll ring up your order.”


10 posted on 02/26/2024 9:02:39 AM PST by HartleyMBaldwin
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To: ChicagoConservative27

Some idiot MBA probably came up with the scheme.

We’ll maximize our income! (while confusing and pissing off our customers)


11 posted on 02/26/2024 9:03:38 AM PST by glorgau
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To: CivilWarBrewing

Very good point! Maybe they can still claim an “average” price that seems reasonable - an average of the exorbitant and 2 am pricing.


12 posted on 02/26/2024 9:04:11 AM PST by Empire_of_Liberty ( )
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To: ChicagoConservative27

The prices rise during lunch and return to normal afterwards but will the prices ever drop below normal during low demand? If not, it’s just a price increase. Not for me. I’m not buying a $10 cheeseburger.


13 posted on 02/26/2024 9:05:18 AM PST by ArcadeQuarters (You can't remove RINOs by voting for them!)
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To: ChicagoConservative27

They should also just have a slot-machine handle at the register. You can pull the handle to find out how much you pay.


14 posted on 02/26/2024 9:05:32 AM PST by Empire_of_Liberty ( )
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To: ChicagoConservative27

A dumb way to market it. They should say “regular price” during busy times and “discount price” during slower times. Think of Steak n Shake’s “happy hour” from 2-4 when you get half price on drinks and shakes. That’s a much better sales approach than “surge pricing.”


15 posted on 02/26/2024 9:06:50 AM PST by Restless
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To: ChicagoConservative27

I think I like this. Rewards contrarian behavior.


16 posted on 02/26/2024 9:08:01 AM PST by old-ager
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To: mikelets456

Other responses here are not as intelligent as yours.

FR dumbwagon effect, on the other responses.


17 posted on 02/26/2024 9:09:18 AM PST by old-ager
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To: Vendome
Just play Wendy's futures to to try afford lunch.

Cool!

Or not...

18 posted on 02/26/2024 9:09:59 AM PST by GaltAdonis
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To: ChicagoConservative27

We used to like Wendy’s, but seldom go for fast food. A couple months ago we went there expecting one of there good burgers. It turned out to be fake meat. Totally disappointed. It’s now on our list of Don’t Go There.


19 posted on 02/26/2024 9:11:32 AM PST by redfreedom (Joseph Stalin: "It does not mater how anyone votes, how votes are counted is what matters.")
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To: ChicagoConservative27

Nope


20 posted on 02/26/2024 9:14:03 AM PST by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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