View Single Post
Old 02-26-2024, 10:18 PM   #4
FireGilbert
Franchise Player
 
FireGilbert's Avatar
 
Join Date: Sep 2013
Location: Brisbane
Exp:
Default

Fast food used to be cheap and fast, now it's moderately priced in a moderate amount of time.

Surge pricing works for uber because it translates higher demand to higher prices which encourages increased supply. Higher prices at Wendy's just means less demand for a cheeseburger.

Feels similar to the subscription services for cars where traditional companies are looking to tech companies for ways to increase profit without understanding how these businesses actually work.
__________________
The masses of humanity have always had to surf.
FireGilbert is offline   Reply With Quote