Wendy’s Using a Strategic Pricing Model

On February 15th an earnings call was made with CEO Kirk Tanner and he has discussed a possibility for a dynamic pricing model in their products.

Where the prices of food will go up or down depending on the demand for food at Wendy’s. The price fluctuation will solely depend on the A.I technology embedded into the self serve menu machine and will determine the price of the current day.

There will be many factors that will come to play that will influence the price of such burgers such as weather conditions and the amount of sales that they accumulate on that day.

This is not somethin that is different in the world of business as airlines have already had this feature where at busy times of the year tends to be more pricier and the lesser busy days like Autumn or Spring tends to be more affordable.

Not only that but Uber has already has this feature in their pricing on fares where on busy times like the weekends or holidays tends to be more expensive and will notify the user that there will be a price surge on that day.

This change will take effect sometime in 2025.

As this will be a normal thing, Wendys the 2nd largest burger joint of America, customers will be glad to adopt this new change as some days will be more cheaper than some days which can be a bargain for some people. Whereas on the other hand people will be furious as they enter the restaurant and see that the current price has fluctuated upwards and that will discourage some folks to buy food at there preferred establishment.

But then there are those people who simply wouldn’t care that the price fluctuates as they just want the burger at this price on that day and wouldn’t mind to pay top dollar for a simple burger.

I would like to give a shout-out to a small time business that’s killing it right now and that is Lunari Home. They sell a bunch of crystals from small to big and they price their crystals pretty fairly considering the current market conditions.

Rei who works over at Lunari Home has mentioned to me that generally the price of these crystals will go up in value over time so any one of your purchases will most likely go up and worth your investment. As the beautifully crafted rocks are getting more scarce the price of these rocks will surely increase.

Don’t wait any further and buy your piece today at lunarihome.com

Samsung Unveiling the Galaxy Ring

On February 27 Samsung made an appearance to unveil the Galaxy Ring to showcase its features that will be launched later this year.

The Samsung Ring is designed to track any health related inquiries from your body from step tracking, tracking your sleep, and your pulse. Not only that, but they might implement a feature where you can attach your debit or credit cards to your ring for a seamless transaction at a store.

At this point Samsung has a wide array of products that go from television, washers and dryers, fridges, earbuds, and of course smartphones. Now they’re taking an approach to a holistic hardware design that will track your body’s health metrics.

This will compete with the Oura ring that essentially does the same thing and their 4th generation of the Oura ring will launch sometime later this year.

Undoubtedly, Apple will try to make a design similar to this as this will be a huge competition for Samsung and the Oura Ring, making Apple one heck of a competitor.

Seeing as how Apple launched their Apple Vision Pro, many Apple fanatics have already said that they would prefer to Apple’s goggles than the Meta Quest 3 in which Meta’s Quest 3 is literally the best one so far as they have many more features than the Apple version.

This would be an example of brand loyalty and that would make Apple so much more profitable. So there would be no question that Apple will absolutely be killing it if they launched a tech ring of their own.

Amazon Joins the Ranks in the Dow Jones

As Amazon makes an appearance by joining the Dow Jones that consist of 30 of the largest companies in the U.S, Walgreens has been dethroned from its position in the Dow Jones.

The reason for Amazon’s inclusion into the index is due to the weight in the index that was watered down that happened with another company in the Dow Jones that made a stock split, namely Walmart. Walmart just recently made a 3-1 split causing a shift in weight in the index forcing Walgreens out of the picture as they have the lowest stock price out of all the 30 companies.

This a good move for the index as Amazon is one of the world’s best online retailers with a current share price of $170 compared to Walgreens where their share price is about $20. It’s a no brainer for this move as the index will surely appreciate in share price due to this acquisition, if you like to call it that.

Leave a comment

Discover more from Brydris

Subscribe now to keep reading and get access to the full archive.

Continue reading