Wendy's Is Introducing Uber-Style 'Surge Pricing'

[jayboogieman]

Quote

You soon might want to get strategic about the exact time you visit Wendy’s. 

In early February, Kirk Tanner, the new CEO and president of Wendy’s, shared with analysts his various plans to increase company profits, including investing in digital menu boards that will have the capacity to display dynamic pricing that fluctuates throughout the day by 2025. 

Source

This is the dumbest idea I've ever heard of a fast food chain doing and according to the article others are looking into doing the same.

[PanthersATL]

Wendy's is already generally regarded as the priciest fast food with some of the combo and specialty burgers they have.

There is no way this will work well for them. There is no benefit for consumers

Raising prices based on how long it takes to fulfill an order at a particular time of day isn't the solution

It's like the Wendy's top mgmt team doesn't bother to pop in randomly/unannounced to stores across the country while taking a road trip to see how things really work.

Similar to hotel managers not bothering to spend a night in their own hotel rooms to understand which features in a room don't work/broken or aren't cleaned properly

[rayzor]

well that's an idea.

not a great one at all, but it's an idea.

gonna piss people off, but they'll keep going there. wendy's knows that and that's why they won't care about negative feedback.

[travisura]

It's our duty as a society to make sure this backfires heavily. If this catches on we're toast.

[jayboogieman]

 

[LinvilleGorge]

3 hours ago, rayzor said:

well that's an idea.

not a great one at all, but it's an idea.

gonna piss people off, but they'll keep going there. wendy's knows that and that's why they won't care about negative feedback.

Not sure about that. It's not like there's a lack of competition in the fast food burger space.

[Paa Langfart]

 l don't think I ever bought fast food for lunch when I worked full time nor breakfast.  I always packed my own lunch and got up early enough to make my own coffee and breakfast cereal at home.  Yall should try it - the savings really add up.

Edited February 27, 2024 by Paa Langfart

[rayzor]

21 minutes ago, LinvilleGorge said:

Not sure about that. It's not like there's a lack of competition in the fast food burger space.

true, but if the others see that this works at all they are probably going to jump on this. we could see more than wendy's doing it.

[Cullenator]

Welp...

 

Add Wendy's to the places I no longer do business with.  Im under no illusion that I alone will have any impact but hopefully enough folks feel the same way and will stick to their guns.

[jayboogieman]

39 minutes ago, rayzor said:

true, but if the others see that this works at all they are probably going to jump on this. we could see more than wendy's doing it.

The article does say that it's not just Wendy's considering this. Wendy's is just the first to put plans in place.

[scpanther22]

A lot business already do it but this was such a bad PR move to let it get out they're probably gonna try to walk it back somehow

[PanthersATL]

The CEO clarified what they're doing and it makes more sense

Big picture is they want to move more to digital signage tonallow for easier updates throughout the day.  

[CamWhoaaCam]

Of the normal fast food burger chains Wendys/McDonalds/Burger King I always was a Burger King fan. Their beef just has the most flavor to me. I just hate they suck at their fries.

 

BK Burgers with McDonalds fries would be a game changer for the fast food industry. 

[jayboogieman]