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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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To: ChicagoConservative27

That’s an awesome way to infuriate your customers!


21 posted on 02/26/2024 9:14:54 AM PST by dead (https://www.youtube.com/watch?v=D_vFiUUcBkc)
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To: ChicagoConservative27

Thing 1:
prices fluxuate throughout the day

+++++++++++++++++++++++++++++++++++++++++

From the NY post.

Thing 2:
I agree with ‘discount during slow hours’ vs. ‘surge pricing’.

Wendy’s has great pricing, Junior Bacon Cheeseburger for under $3. That and a free water is lunch for me...


22 posted on 02/26/2024 9:15:38 AM PST by sonova (No money? You're free to go.)
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To: ChicagoConservative27

Wendy’s no longer has cashiers at the counter. Now yo have to punch in your own order. And they are almost impossible to use. Drive through is the only option. And with this BS then that won’t even be an acceptable option. It sounds like Wendy’s is determined to put themselves out of business.


23 posted on 02/26/2024 9:19:49 AM PST by Revel
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To: Restless

They’ll probably figure it out.


24 posted on 02/26/2024 9:20:23 AM PST by old-ager
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To: ChicagoConservative27
Not sure if this story is true or not but I read that several years back, the makers of Coke wired their vending machines to the internet and could remotely raise the price of their products in those machines according to the temperature (or any other reason they chose).

Supply and demand at work, with Coke and Wendy's, what's not to love, tis the American way.
25 posted on 02/26/2024 9:20:35 AM PST by The Louiswu (Pray for Peace in the world.)
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To: Restless

It’s not a real happy hour if those drinks don’t have alcohol.


26 posted on 02/26/2024 9:21:17 AM PST by Alas Babylon! (Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
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To: ChicagoConservative27

I’ll pass, thanks. Not interested in surge pricing of fast food.


27 posted on 02/26/2024 9:23:57 AM PST by dinodino ( Cut it down anyway. )
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To: ChicagoConservative27

LOL. I can’t wait to see how badly this gets screwed up. What if I get one of the burgers that has been sitting in the bin since the lunch rush?


28 posted on 02/26/2024 9:25:04 AM PST by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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To: Restless
excellent post.

BTW - I'm in favor of this approach.

The herds of sheep and cattle are predictable.

29 posted on 02/26/2024 9:26:01 AM PST by kiryandil
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To: Revel
It sounds like Wendy’s is determined to put themselves out of business.

More like they are trying to make their customer base more like the smart people in the back office. That could also allow them to reduce their market in order to fit their business model.

Apparently the days of delivering what the customer wants has been replaced by "you will buy what we want to sell, and how we want to sell it". Lucky for Wendy's that their customer base is so loyal that they won't go someplace else to buy a burger. /s

30 posted on 02/26/2024 9:38:40 AM PST by Bernard ("It ain't that there are too many fools, but that the lightning ain't distributed right.” Twain)
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To: ChicagoConservative27
I don't eat there now. This development just reinforces the choice to not eat there.
31 posted on 02/26/2024 9:46:10 AM PST by Myrddin
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To: ChicagoConservative27

Surge?? Since when does a Wendy’s ‘surge’?? What, three cars at the drive thru? It will still take 45 minutes for all three to get their food.


32 posted on 02/26/2024 9:51:47 AM PST by CodeToad (Rule #1: The elites want you dead.)
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To: ChicagoConservative27

Means you will get it faster. Right?


33 posted on 02/26/2024 9:53:54 AM PST by If You Want It Fixed - Fix It ( )
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To: Revel
Wendy’s no longer has cashiers at the counter. Now yo have to punch in your own order. And they are almost impossible to use. Drive through is the only option. And with this BS then that won’t even be an acceptable option. It sounds like Wendy’s is determined to put themselves out of business.

My wife and I went to the local Taco Bell recently. It is all self serve kiosks. As we entered the lobby there was a middle aged male festooned in apparel shouting, "I'm a veteran". He was having a tantrum like a 5 year old over having to order with the kiosk. I'm easily 20 years older. I just walked up to the kiosk, entered my order and took a seat. No drama. Frankly, I could build and program that kiosk from scratch with a small budget for parts from DigiKey or similar. At 67, I just have no interest in fanning drama in a fast food lobby.

34 posted on 02/26/2024 9:53:58 AM PST by Myrddin
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To: ChicagoConservative27

Our local Wendy’s never has more than two cars on property at any one time. Burger King closed last year. Too many local Mom & Pop burger stands that are light years ahead of chain restaurants around here - and they’re not woke.


35 posted on 02/26/2024 10:07:11 AM PST by USAF1985 (Joe McCarthy is a hero...he was absolutely, 100% correct! (Let’s go Brandon!))
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To: ChicagoConservative27
I don't have a big issue with this. I guess we'll see when I'm in a Wendys during a rush. Airlines have been doing this for years. Don't sit down restaurants have the 4PM special or something, to get the senior citizens in during the slow times?

Likewise, my dad, who was a barber back in the day, bitched about old retired guys who would want haircuts at 5PM on a workday. Like they could come in a 2PM or something, but they would take slots for the working guys who had limited windows to get their haircuts.

36 posted on 02/26/2024 10:08:58 AM PST by Pappy Smear
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To: ChicagoConservative27

Let them go down in flames. This kind of junk is killing us anyway.


37 posted on 02/26/2024 10:09:48 AM PST by Bigg Red (Trump will be sworn in under a shower of confetti made from the tattered remains of the Rat Party.)
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To: ChicagoConservative27

When gas stations do this, they call it price gouging.


38 posted on 02/26/2024 10:13:57 AM PST by con-surf-ative
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To: ChicagoConservative27

Bye WENDY’S. It was nice knowing you.


39 posted on 02/26/2024 10:16:28 AM PST by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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To: ChicagoConservative27

Will Chick-fil-A have $1 chicken sandwiches but you have to pay for how long the line is?


40 posted on 02/26/2024 10:19:42 AM PST by KarlInOhio (Democrats' version of MAGA: Making America the Gulag Archipelago. Now with "Formal Deprogramming")
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