No. of Recommendations: 7
By the time i toss in the sides, etc it's like a $18.00 dinner per person .... at home. Did you see the piece the other day that Delta Airlines declares it's "premium" strategy a big success?
Delta’s bet on wealthy Americans driving the economy is working: Premium seats are set to overtake main cabin for the first time in historyhttps://fortune.com/2025/10/09/delta-earnings-prem...We see the same thinking among "JCs" in many companies. I have commented before about the "premium pricing" strategies at VW, Ford, Disney parks, Vegas venues. They seem to think the concept I learned about in b-school, fifty years ago, "demand elasticity with respect to price", has been repealed. They think they can raise prices to infinity, and if they lose a low end customer here and there, they don't care, because they can more than make it up by taking more off of each of the shrinking number of people who still buy from them.
In other words, they don't care if Baaa doesn't like the price of steaks, because he keeps buying them. And if he quits buying them, they still don't care, because they are taking more than enough money off of the people who do still buy, to make up for a dyspeptic Baa quitting on them.
Meanwhile, at the other end of the market, fast food places are trying to offer cheaper meals. You can grab two Jr Bacon Cheeseburgers, with medium fries and a drink, at Wendy's, for $8. I can grab two small bacon cheeseburgers at BK for $5, and, because I'm an old phart, add a "senior" drink for 50 cents.
Enjoy the Shiny economy, where only the rich can afford nice things.
Steve
