That little girl on the cup is laughing at you. |
You can bet a packet of ketchup that other CEOs will be watching the Uber/Wendy'sBelieve it or not, there are people who
willingly put themselves through this all the time.
model very carefully in order to make it work with their own businesses. Whole Foods, say, could automatically up their prices when their stores are most crowded. Here on the Upper East Side, that means after 4:00 p.m. Monday-Friday, 10 a.m.-4:00 p.m. on Saturdays, and any time after 9:00 a.m. on Sundays. This is why you see me do my shopping shortly after sunrise.
There's no reason for this idea to stop with cars and food. Lorne Michaels can introduce dynamic joking on Saturday Night Live by saving the best skits for after 12:15 a.m. in order to prevent the post-News Update ratings drop. It wouldn't cost viewers a thing other than 45 minutes of sleep.
This dynamic pricing b.s. isn't quite as out of touch as the president of Kellogg's urging money-strapped folks to eat corn flakes for dinner. (He claims cereal-for-dinner is "on trend now" as if it were the latest Tik Tok challenge rather than yet another example of out-of-control class disparity.) If Wendy's fans are willing to pay an extra dollar or so for tasteless beef slathered in processed cheese product, then so be it. If not, they can always pick it up before going to work and reheat it in the office microwave. Don't forget dynamic pricing!
Then if enough people do that, those early-bird burger buys will drive up the price at breakfast time. Theoretically (or dynamically), this would drop the prices at noon. As customers return to their original lunchtime purchases to save a buck, the prices will rise once more. There'll be no escaping Wendy's pricing yo-yo, unless those folks wise up and pack their own lunch for half the price and twice the taste. But where's the dynamism in that?
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