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Wendy's Wants to Start Uber-Like Surge Pricing in 2025

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51–60 of 98 posts

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#51

Do people really eat at these places because they find the food "special" or is it just the price?

I don't know about special, but it's not just the price, especially in emerging markets, where these places are often priced more toward the luxury or at least mid-range. There's possibly a niche opening up for actually-cheap convenience food, but I don't know how good a business that would be.

This is specific to US stores.

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#52

Earlier quoted context omitted.

When I eat at McD's, I order a QP, a side salad, and water. Nothing unhealthy about that.

Similarly - look at the macros on a whopper from burger king - other than the high sodium it's a pretty well balanced meal if you skip the fries and soda.

If you ignore saturated fat....

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#53

[flagged]

You joke but Subway did that last summer. It was great. You paid them $15/mo and you could get all your sandwiches 1/2 off. You only had to buy three in the month to make it worthwhile.

My wife and I did it (we each had to get a subscription because you could only use one discount a day) and we ended up getting 15 sandwiches each.

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#54
post #44

Why is it always surge pricing for consumers, but not employee compensation? (in a non-exploitative manner like the gig companies employee) Yes, there have been cash-flow improvements like daily payments, and maybe other improvements to scheduling apps-- why not a solution for surge pricing for employees? E.g., Wendy's is busy for the Tuesday afternoon shift, wages +30% for workers who want to come in for X hours (if…

Amazon actually does that, they're called flex workers. Shifts come with a pay rate and their are "surge" times where they need more workers and can't get enough

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#55
post #5

"Dynamic pricing is a relatively new concept in the fast-food world, with little precedent" Yes, because they're are lots of options. You charge too much and I'll just go next door.

right, but check back tomorrow. it might be cheaper than next door then. no promises on the next day.

who has the attention span for that? After 1-2 times I'd just give up and default to the competitor - and Wendy's is by far my favorite fast food restaurant.

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#56

Do people really eat at these places because they find the food "special" or is it just the price?

It’s not exactly special, and it’s not exactly cheap, but it’s almost always fast and food, which oftentimes is all I’m looking for.

It is insanely cheap, getting that much calories in less than 10 USD would be a dream in any developed or poor nation. Might not be the best calories but will keep you (under) fed for a long time.

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#57
post #44

Why is it always surge pricing for consumers, but not employee compensation? (in a non-exploitative manner like the gig companies employee) Yes, there have been cash-flow improvements like daily payments, and maybe other improvements to scheduling apps-- why not a solution for surge pricing for employees? E.g., Wendy's is busy for the Tuesday afternoon shift, wages +30% for workers who want to come in for X hours (if…

It's lead time stuff for just-in-time. Ideally, employers would like to do that, yeah. But it's not easy to surge up on employees. But advanced shift calculation models try to optimize for that, yeah.

And workers that are too transient will fuck up your pipeline. So they need to be from your pool.

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#58
post #44

Why is it always surge pricing for consumers, but not employee compensation? (in a non-exploitative manner like the gig companies employee) Yes, there have been cash-flow improvements like daily payments, and maybe other improvements to scheduling apps-- why not a solution for surge pricing for employees? E.g., Wendy's is busy for the Tuesday afternoon shift, wages +30% for workers who want to come in for X hours (if…

So many people seem to forget that we live under capitalism. Why is it always for customers and rarely employee compensation? The latter costs money and the former increases already obscene profits. It's capitalism. That's why.

Yes, you are stating the obvious assumptions that altruism is absent and there is an adversarial relationship between capital and labor with frequently diametric objectives. If companies are constantly complaining about "nobody wants to work" then they could move further up the labor supply curve by offering better wages-- but would it actually improve employer profits (via higher revenue) if they give up margin? If a McDonalds could serve 300 customers instead of 200 over a lunch rush, wouldn't it be beneficial to the employer?

From the employee side, they would get paid more, could pick up shifts at varying businesses based on their schedules. Then maybe at scale, such a platform would be incredibly useful for organizing labor. This obviously would terrify employers.

I'm not really debating, more of just sharing random ideas and complaining online, because this is basic game theory as to why employers wouldn't want such a tool (potentially higher labor costs short/long term, increased labor mobility, unionization risk, other issues like training/liability/insurance/taxes/etc.), but employees/labor could be greatly served by such a platform.

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#59

Earlier quoted context omitted.

It’s not exactly special, and it’s not exactly cheap, but it’s almost always fast and food, which oftentimes is all I’m looking for.

It is insanely cheap, getting that much calories in less than 10 USD would be a dream in any developed or poor nation. Might not be the best calories but will keep you (under) fed for a long time.

Developed, yes, but developing countries are very different https://en.wikipedia.org/wiki/Amma_Unavagam

Re: Wendy's Wants to Start Uber-Like Surge Pricing in 2025

#60
post #40

How long before technology that detects very drunk people and charges them 10x knowing they won’t notice? (Of course if they do notice they are more likely to cause a disturbance and break things - more things to consider for The Algorithm!)

you gave me a great app/startup idea... /jk
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