Re:Wendy's Bold Move: Dynamic Pricing Strategy Set to Transf...
by JohnFen on Tuesday February 27, 2024 @01:46PM
(#39527890)
> Many restaurants have "lunch menus" for this very reason.
Which is fine. That's predictable. The problem with dynamic pricing is that it means you never really know what something is going to cost until you're at the point of purchase.
> Even in theme parks, they effectively engage in a hybrid of spot prices by allowing people to pay extra to cut in line.
Right, which is a practice that I consider to be egregiously terrible and avoid those places that pull that kind of crap.
In the end, I recognize that my opinion of these practices doesn't matter. I'll avoid patronizing businesses that do this sort of thing, but it won't change anything. It just means that as time moves forward there are fewer and fewer establishments that I will give my money to.
Which is fine. That's predictable. The problem with dynamic pricing is that it means you never really know what something is going to cost until you're at the point of purchase.
> Even in theme parks, they effectively engage in a hybrid of spot prices by allowing people to pay extra to cut in line.
Right, which is a practice that I consider to be egregiously terrible and avoid those places that pull that kind of crap.
In the end, I recognize that my opinion of these practices doesn't matter. I'll avoid patronizing businesses that do this sort of thing, but it won't change anything. It just means that as time moves forward there are fewer and fewer establishments that I will give my money to.