Why is the pizza in prison
this post was submitted on 28 Dec 2024
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Papa John is technically a pizza crime.
I can't not hear "the greatest technician that's ever lived" after seeing this
This isn't really relevant, other than to establish you have to be one broke bastard to need a pizza layaway, but Papa John's offers a carry out special large one topping for $9.99 in my area.
They also offer a large one topping for $8.99. Same exact pizza. No limitations.
Shaq's really putting that Purdue University degree to work I guess.
I don’t know what’s sadder: Dominoe’s offering to pay pizza over 6 weeks; people being so poor that they have to pay a pizza over 6 weeks; or people being so dumb that they still buy pizza that they have to pay over 6 weeks when they have no money.
I don't know about the US, but in Europe Domino's is ridiculously overpriced. Like, if you got a 50% off coupon, you are approaching normal pizza prices. And it's not even that good.
I remember having one in Norway, where the location was at a waterfront. Their dough tasted like it was bathed in saltwater 🤮
Straight up, dominoes has the cheapest pizza deals of any pizza chain in the state in my area. Not by a lot. Their quality is like C-tier, but I don't give a shit, it's pizza, it's still decent.
I can get a large three topping pizza for $8 USD compared to $10 at Pizza Hut or $11 at Papa John's.
They're perfectly low-cost for some mid pizza but state-side.
I can get a large three topping pizza for $8 USD compared to $10 at Pizza Hut or $11 at Papa John's.
Do you only have chains? No normal pizzeria?
Nah, I live in an area with lots of older Italian immigrant families actually, there's a few pizza shops, sandwich shops, and import markets that have way better pizza.
Domino's is when I'm being a lazy fat piece of shit and grabbing cheapo garbage on my way home from work or something. Rittino's has way better food, but their large pizza costs $25
Lol, a normal sized three topping pizza here in Germany at Papa Johns is like 17$. Domino's is not better with ~15-16$ though.
MFW, Chicago pizza prices are higher than Germany and people are saying Europe has the most expensive pizzas, while other Americans are paying less than $10 for a pie.
Yea, that's a common thing with American fast food joints overseas IME. Whenever I've gone to another country and visited the local McDs or whatever it's always so expensive compared to the states.
Here dominos with coupon is often the cheapest around, not the greatest, but decent enough especially with one of those 50% off coupons
McDonalds seems to have become an exception, as it tends to be cheaper in the EU than in the US
It’s the same in Japan! Smallest pizza you can imagine at 3-5x the price
Almost all the fast food ive had in europe (France, Spain, UK, Italy, Germany etc..). was better than here (Canada), except for Domino's. It's always bad pizza and really overpriced.
Here it's not the best pizza, but super consistent and the cheapest around with those coupons.
Huh, Domino's in my area has a perpetual coupon for $7 2 topping pizzas if you buy two.
Dominoes in the US is terrible. Is their quality better outside the US? Otherwise I don’t see how they could compete charging twice as much as other pizza places.
Awful in Australia.
They got a fancy menu but it still all smells of old oil or something.
Based on my sample size of the one Dominoes restaurant in Nijmegen (Netherlands): it is better outside of the US. Still not great, but better. The chicken shoarma pizza could possibly be considered 'good' if it were fresh, but that location only does delivery so...
I don’t think most people in the US would know what chicken shwarma is. The concept sounds good but I’m sure dominoes would find a way to fuck it up.
The company I work for (in e-commerce) just recently started offering/advertising paying using Klarna.
If you don't know, (and you can probably guess given the context of this post), Klarna is a company that basically just allows users to buy now and pay over the course of a few weeks. "Buy this $100 item now and pay in four installments of $25 over four weeks" or some such. Anyone can get the app and it gives credit card numbers that will buy stuff online or whatever, and then the paying back process is that Klarna bills the customer over the course of a few weeks.
But companies can integrate with Klarna as well. When they do, Klarna makes everything work like it does with credit cards so the company doesn't have to completely retool to support Klarna as a payment method. And it's more convenient for the customer than dealing with the app and manually typing in the credit card number they get from the app.
Here's the thing, though. There's no interest charged to the customer. I think Klarna makes its money just because companies pay them money for integrations and for the ability to advertise that customers can buy now pay later and such. And at least in the case of my company's integration with Klarna, Klarna takes all the risk. They're lending customers money and hoping the customers pay it back. My employer gets the money up front and isn't out any money if the customer doesn't pay. And Klarna is huge. They're holding a whole lot of debt at any one time. And it's not secured debt or anything. And I don't think there are credit checks involved.
Really seems like a risky thing. Just like risky mortgages are. If a significant number of customers were to default on their debt at the same time (and not all Klarna purchases are $6 pizzas, some are multiple hundreds of dollars worth of debt), I'd imagine Klarna would be out of business quicker than Enron. Or maybe they'll be "too big to fail" by that point and they'll get a bailout.
Either way, it seems like a not-insignificant chunk of the economy is teetering atop the pencil-balanced-on-its-point that is Klarna. I'm not sure if there are a lot of other companies offering similar services, but if so, that just makes the economy seem that much more precarious.
They make money from people's mistakes and/or desperate situations.
As in: if a customer doesn't pay one of the payments exactly on time they turn into loan sharks with "penalties" vastly exceeding the loan price.
They're not "hoping the customers pay it back", it's almost the opposite - they want people to miss a payment or two and end up paying way more than the actual loan.
This is how they make money. It's the only way they make money. The Maths of their business model don't work out if people don't make mistakes and thus don't end up paying penalties.
So they have a huge incentive to do everything they can to make it easy to get into their scheme (hence they treat sellers well so that going through them as a payment option is as seamless as possible), to make it more likely that customers make mistakes and to make it hard or even impossible for customers to leave that scheme without going through the full minefield: they're basically enshittifying the seller's website, making it similar to providers with subscriptions who make it hard for people to cancel those subscriptions.
It's really not worth it to get into that shit as a customer and, if people who get stung by those practices also blame the seller, it's probably not also not worth it for a seller selling low value items as it might add but a handful of sales from the few customers that do need a loan for that, whilst damaging their own brand name by being associated with what are basically modern loan sharks.
This is how they make money. It's the only way they make money.
That is not correct. Klarna is functionally a payment processor, like an advanced type of credit card, and charges the merchant fees per transaction. For example, see here. They are highly cagey about specific fees until you actually sign up, and it depends on region and business size. But interchange fees are where the majority of their revenue comes from. To my knowledge, the fees are typically 3 percentage points above what the merchant would pay for a credit card transaction.
The reason merchants still accept Klarna despite the high fees is of course, improved conversion rates and decreased risk. Klarna assumes all the risk of the customer not paying, the shop gets all of the money instantly and doesn't have to worry about it for the most part. That mainly makes it attractive for high margin shops that don't mind spending lots on marketing to get a few extra sales (fashion, perfume, high end electronics).
I'm not too knowledgeable on how Klarna deals with late fees, but I'm pretty sure it differs per country they operate in. Many places have regulations limiting the abuse of late fees. I wouldn't be surprised if the US is not that kind of place, and people who are late get fucked with fees.
In general, I agree with the second part of your comment and I do not recommend using any buy-now-pay-later kind of scheme, because you're taking on additional risk for no real reason. Lots of stuff can happen even through no fault of your own (check engine light? Job downsizing?) that will affect your expected future income.
Yeah, you're right,
I forgot that when I read about it, it was also mentioned they got payment processor fees.
As for the way they handle late fees, the article I read was about the US (somebody posted an article about it here in Lemmy not that long ago) and indeed some other countries limit that sort of thing in general, so it should apply the same to this kind of operation.
Luckily, it seems government are finally getting their acts together to regulate these schemes: https://www.choice.com.au/money/credit-cards-and-loans/personal-loans/articles/bnpl-legislation-passes-parliament
Which means they need to register as credit providers, which is what they are...
Oh it's well hidden in the details, but the interest gets paid. In fact, if you miss a single payment, you pay everyones interest. And they will absolutely come after you for an originally tiny amount of money.
That company and business model is shaddy as hell, although I've met some engineers some years ago that seemed pretty competent, but I've suffered and learned enough over the years to know that it doesn't matter if the c-level ppl is all bullshit.
Here's the thing, though. There's no interest charged to the customer. I think Klarna makes its money just because companies pay them money for integrations and for the ability to advertise that customers can buy now pay later and such. And at least in the case of my company's integration with Klarna, Klarna takes all the risk. They're lending customers money and hoping the customers pay it back. My employer gets the money up front and isn't out any money if the customer doesn't pay.
Your company pays a transaction fee just like with a credit card. Except it's usually roughly twice as expensive as a credit card. This is what allows Klarna to take on all that risk, generally. For your company this is essentially a marketing expense. Offer a convenient way to pay in return for a few percent of the transaction (3-6% + a fixed fee, $0.30 perhaps).
Klarna generally partners with some financial firm to finance these short term loans, and they use the merchant fee to pay interest. These can be as high as 25% APR. It's a high risk loan.
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