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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Surge pricing

Surge pricing

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  • MikM Away
    MikM Away
    Mik
    wrote on last edited by
    #7

    I don’t know. It might be a big yawn.

    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

    1 Reply Last reply
    • MikM Away
      MikM Away
      Mik
      wrote on last edited by
      #8

      Well, now... they say they weren't going to raise prices during busy times but lower them during slow ones.

      Let's see a show of hands for everyone who believes that.

      https://www.msn.com/en-us/money/companies/wendys-backs-off-surge-pricing-after-backlash/ar-BB1j4aoQ

      "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

      LuFins DadL 1 Reply Last reply
      • MikM Mik

        Well, now... they say they weren't going to raise prices during busy times but lower them during slow ones.

        Let's see a show of hands for everyone who believes that.

        https://www.msn.com/en-us/money/companies/wendys-backs-off-surge-pricing-after-backlash/ar-BB1j4aoQ

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote on last edited by
        #9

        @Mik said in Surge pricing:

        Well, now... they say they weren't going to raise prices during busy times but lower them during slow ones.

        Let's see a show of hands for everyone who believes that.

        https://www.msn.com/en-us/money/companies/wendys-backs-off-surge-pricing-after-backlash/ar-BB1j4aoQ

        🤚

        That seems much more likely to me.

        The Brad

        1 Reply Last reply
        • LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #10

          Still a dumb idea. As a consumer, lowering the prices at slow times is effectively the same as raising them at busy times.

          The Brad

          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #11

            Like lowering the prices during “happy hour” is effectively the same as raising them during all other unhappy hours?

            LuFins DadL 1 Reply Last reply
            • LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #12

              Surge pricing works for Uber because their drivers are even more of a consumer of their product than the customers. They need drivers to turn on the app…

              The Brad

              1 Reply Last reply
              • AxtremusA Axtremus

                Like lowering the prices during “happy hour” is effectively the same as raising them during all other unhappy hours?

                LuFins DadL Offline
                LuFins DadL Offline
                LuFins Dad
                wrote on last edited by
                #13

                @Axtremus said in Surge pricing:

                Like lowering the prices during “happy hour” is effectively the same as raising them during all other unhappy hours?

                Nope. Try again.

                The Brad

                1 Reply Last reply
                • MikM Away
                  MikM Away
                  Mik
                  wrote on last edited by
                  #14

                  If they intended to lower prices, do you not think they would have shouted that loudly?

                  "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                  1 Reply Last reply
                  • 89th8 Offline
                    89th8 Offline
                    89th
                    wrote on last edited by
                    #15

                    How will consumers know of the lower price?

                    Aqua LetiferA 1 Reply Last reply
                    • 89th8 89th

                      How will consumers know of the lower price?

                      Aqua LetiferA Offline
                      Aqua LetiferA Offline
                      Aqua Letifer
                      wrote on last edited by
                      #16

                      @89th said in Surge pricing:

                      How will consumers know of the lower price?

                      You think they won't notice? There are nutters out there measuring the gram weight of Betty Crocker mix to prove the conspiracy that you get marginally less per box now, and they were right about it.

                      Please love yourself.

                      1 Reply Last reply
                      • 89th8 Offline
                        89th8 Offline
                        89th
                        wrote on last edited by
                        #17

                        No, I mean... if I were driving down the road, what is going to tell me that Wendy's price is now $1.50 instead of $1.75?

                        LuFins DadL 1 Reply Last reply
                        • 89th8 89th

                          No, I mean... if I were driving down the road, what is going to tell me that Wendy's price is now $1.50 instead of $1.75?

                          LuFins DadL Offline
                          LuFins DadL Offline
                          LuFins Dad
                          wrote on last edited by
                          #18

                          @89th said in Surge pricing:

                          No, I mean... if I were driving down the road, what is going to tell me that Wendy's price is now $1.50 instead of $1.75?

                          Dynamic signage. It was in both articles.

                          The Brad

                          1 Reply Last reply
                          • 89th8 Offline
                            89th8 Offline
                            89th
                            wrote on last edited by
                            #19

                            See? Much easier for you just to tell me than to read it on my own. Plz also text me when the cheeseburger is 99 cents.

                            AxtremusA MikM 2 Replies Last reply
                            • 89th8 89th

                              See? Much easier for you just to tell me than to read it on my own. Plz also text me when the cheeseburger is 99 cents.

                              AxtremusA Offline
                              AxtremusA Offline
                              Axtremus
                              wrote on last edited by
                              #20

                              @89th They probably let you "subscribe" to get email/text when prices reach your thresholds.

                              1 Reply Last reply
                              • jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote on last edited by
                                #21

                                Maybe we should all reevaluate.

                                Warren is against it, so it’s probably a good idea.

                                Thank you for your attention to this matter.

                                1 Reply Last reply
                                • HoraceH Offline
                                  HoraceH Offline
                                  Horace
                                  wrote on last edited by
                                  #22

                                  she hates markets so much.

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • 89th8 89th

                                    See? Much easier for you just to tell me than to read it on my own. Plz also text me when the cheeseburger is 99 cents.

                                    MikM Away
                                    MikM Away
                                    Mik
                                    wrote on last edited by
                                    #23

                                    @89th said in Surge pricing:

                                    See? Much easier for you just to tell me than to read it on my own. Plz also text me when the cheeseburger is 99 cents.

                                    Ok.

                                    https://www.msn.com/en-us/foodanddrink/foodnews/wendy-s-is-offering-1-cheeseburgers-all-month-for-march-madness-after-announcing-dynamic-pricing/ar-BB1jjIB7?ocid=msedgntp&pc=LCTS&cvid=99ba0a3a0f1b4d44a6954f245d81b2f9&ei=216

                                    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                                    LuFins DadL 1 Reply Last reply
                                    • MikM Mik

                                      @89th said in Surge pricing:

                                      See? Much easier for you just to tell me than to read it on my own. Plz also text me when the cheeseburger is 99 cents.

                                      Ok.

                                      https://www.msn.com/en-us/foodanddrink/foodnews/wendy-s-is-offering-1-cheeseburgers-all-month-for-march-madness-after-announcing-dynamic-pricing/ar-BB1jjIB7?ocid=msedgntp&pc=LCTS&cvid=99ba0a3a0f1b4d44a6954f245d81b2f9&ei=216

                                      LuFins DadL Offline
                                      LuFins DadL Offline
                                      LuFins Dad
                                      wrote on last edited by
                                      #24

                                      @Mik said in Surge pricing:

                                      @89th said in Surge pricing:

                                      See? Much easier for you just to tell me than to read it on my own. Plz also text me when the cheeseburger is 99 cents.

                                      Ok.

                                      https://www.msn.com/en-us/foodanddrink/foodnews/wendy-s-is-offering-1-cheeseburgers-all-month-for-march-madness-after-announcing-dynamic-pricing/ar-BB1jjIB7?ocid=msedgntp&pc=LCTS&cvid=99ba0a3a0f1b4d44a6954f245d81b2f9&ei=216

                                      Mik, that’s $1.00. He asked for 99 cents. Stop encouraging inflation.

                                      The Brad

                                      1 Reply Last reply
                                      • MikM Away
                                        MikM Away
                                        Mik
                                        wrote on last edited by
                                        #25

                                        Good point. He won't be able to afford your birthday present.

                                        "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                                        1 Reply Last reply
                                        • 89th8 Offline
                                          89th8 Offline
                                          89th
                                          wrote on last edited by
                                          #26

                                          Wait until they add in the tax. MINNESOTA tax, which is like... way worse.

                                          1 Reply Last reply
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