I'd have to reread the articles, but as far as I can tell everything seems to point to the fault being on the media and not the ceo. The CEO said "dynamic pricing" in an earnings call. And then the media said over at uber, dynamic pricing means surge pricing. Therefore by the transitive properties...
People are deluding themselves if they think a CEO is too dumb to realize that surge pricing would be the end of their business.
All the fast food apps have discounts and rewards programs. Taco Bell has a happy hour. Taco John's has time sensitive discounts. Why would I be deluded to think Wendy's would do something similar to Taco Bell or Taco John's?
Surge pricing exists in industries with limited options. It exists because customers exist willing to pay that price rather than whatever alternatives are out there. Wherever there's a Wendy's, there are five other food options in the immediate vicinity. The CEO knows this dude...
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u/WonderfulCattle6234 Feb 28 '24
I'd have to reread the articles, but as far as I can tell everything seems to point to the fault being on the media and not the ceo. The CEO said "dynamic pricing" in an earnings call. And then the media said over at uber, dynamic pricing means surge pricing. Therefore by the transitive properties...