4 ms·

>Do you think Wendy's is going to pass the savings along to consumers? They will if they have a competition.

by zardo 10y ago

M_Grey 10y ago
You think? That assumes that consumers of fast food only look at the lowest price point, which conflicts with why Wendy's exists in the first place. It is however why every one of that type of chain has a "dollar menu". Their usual MO though isn't to pass savings alone, and they've never lacked for competition.
- zardo 10y ago
  >That assumes that consumers of fast food only look at the lowest price point No, it assumes that price is one of the things consumers look at. It's always in the seller's interest to try to move the focus to something else, but... If Wendy's has a dollar menu on their burger vending machine, and McDonald has a dime menu, Wendy's will lose the more price conscious customers.
  - M_Grey 10y ago
    They already have lost the more price conscious consumer, and that's fine for them. You're not seeing the spread of more expensive places like Five Guys, In 'N Out, etc because price is king anymore. McDonald's can try an (realistically) $.89 menu I guess, but people seem willing to shell out a few more cents for the marketed illusion of quality. In fact, they shell out far more already.
dvtv75 10y ago
It's cute that you think competition still works. Back in 2002, Star Trek Nemesis was released in New Zealand. It had already been out in the rest of the world, the "see it again" campaign had been run, and DVD releases had hit the shelves everywhere else. But not in New Zealand. My friend there told me that he had been waiting to see it for months, then waited two weeks after its release ("to avoid the crowds") before going in to see it. His words: "I went in there on the second Thursday after opening day, clutching my twenty dollar note, and stopped to look at the billboard to find out what time it was next going to run. It wasn't. It had been whisked off the screens before two weeks were up." This particular film was apparently the catalyst of a massive lobbying campaign for their government to ban commercial imports of international DVDs within six months of the release date of a film, because that (and piracy) were the reasons people hadn't flocked to the cinema to see it and other films.
- icebraining 10y ago
  Yes, State-granted monopolies often prevent competition from working. I don't see that applying to fast-food, though.
- deleted 10y ago
  [deleted]
- zardo 10y ago
  It's cute that you think that's relevant. It's not cute to belittle other people with condescending language.

>Do you think Wendy's is going to pass the savings along to consumers? They will if they have a competition.

by zardo 10y ago

>Do you think Wendy's is going to pass the savings along to consumers? They will if they have a competition.

You think? That assumes that consumers of fast food only look at the lowest price point, which conflicts with why Wendy's exists in the first place. It is however why every one of that type of chain has a "dollar menu". Their usual MO though isn't to pass savings alone, and they've never lacked for competition.

zardo 10y ago
>That assumes that consumers of fast food only look at the lowest price point No, it assumes that price is one of the things consumers look at. It's always in the seller's interest to try to move the focus to something else, but... If Wendy's has a dollar menu on their burger vending machine, and McDonald has a dime menu, Wendy's will lose the more price conscious customers.
- M_Grey 10y ago
  They already have lost the more price conscious consumer, and that's fine for them. You're not seeing the spread of more expensive places like Five Guys, In 'N Out, etc because price is king anymore. McDonald's can try an (realistically) $.89 menu I guess, but people seem willing to shell out a few more cents for the marketed illusion of quality. In fact, they shell out far more already.

dvtv75 10y ago

It's cute that you think competition still works. Back in 2002, Star Trek Nemesis was released in New Zealand. It had already been out in the rest of the world, the "see it again" campaign had been run, and DVD releases had hit the shelves everywhere else. But not in New Zealand. My friend there told me that he had been waiting to see it for months, then waited two weeks after its release ("to avoid the crowds") before going in to see it. His words: "I went in there on the second Thursday after opening day, clutching my twenty dollar note, and stopped to look at the billboard to find out what time it was next going to run. It wasn't. It had been whisked off the screens before two weeks were up." This particular film was apparently the catalyst of a massive lobbying campaign for their government to ban commercial imports of international DVDs within six months of the release date of a film, because that (and piracy) were the reasons people hadn't flocked to the cinema to see it and other films.

icebraining 10y ago
Yes, State-granted monopolies often prevent competition from working. I don't see that applying to fast-food, though.
deleted 10y ago
[deleted]
zardo 10y ago
It's cute that you think that's relevant. It's not cute to belittle other people with condescending language.