Aggressive pricing returns
One of the largest fast food chains is tired of the eroding customer base. Today, the announcement vaunted a return to chicken nuggets without preservatives and more aggressive pricing. Great! I didn’t want to keep my take-out indefinitely. And I am eagerly awaiting the $0.28 hamburgers.
Meanwhile, in another corner of the labyrinth, that sandwich shop with the ersatz chicken pieces denies, denies, denies. The tests by a laboratory must have been dealing with samples from the competition (they were, as well…) Is is a fail when you continue to refute test data? Based on the policies of big government, not at all.
Snapchat went with their IPO this week; share prices are healthy. Won’t the investors be upset when they discover that the profits are going to disappear after a given time period? On that tack, how do companies that don’t sell anything get a valuation of billions (billions!!)? confusing. I don’t pretend to understand big business and investment; there must be special accounting methods for “no money”. Profits and losses seem unrelated to the whole world of social media. Go ahead, pick a name (try Facebook, Twitter, Snapchat, Instagram) and then see if you can find out who is paying who (whom?). Do grammar rules apply in the imaginary customer world?
It really doesn’t matter. I’m not their target. My cash flow is limited, and when I buy a burger, I eat the whole thing. I take great amusement from my social media apps, but the nickels and dimes are staying in my pocket.
