Daily musings from the mind of Kevin Mason; a retired radio guy who just won't give up the microphone. Looking for an idea of what the podcast sounds like? Think Andy Rooney meets Paul Harvey..... with better eyebrows and less talent!
https://masonminute.com/
episode 4725: Dynamic Pricing
Many industries prefer to use a dynamic pricing model. The airline and hotel industries are great examples. But have you ever heard of a fast food restaurant using this surge pricing system? Well, if you haven't, you'd better get ready. Wendy's announced that it will try this new pricing system starting in 2025. Their new CEO is hoping that dynamic pricing will improve their profitability. While it might work long-term, they still need to convince many people that this is good for the customer...
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