Latest / Restaurant Business with Fexingo: Food Service, Hospitality, and Independent Operators
How Dynamic Pricing Is Reshaping Restaurant Revenue
Lucas and Luna dive into the world of dynamic pricing in restaurants, focusing on a Chicago steakhouse that raised per-head revenue by 12 percent with surge pricing on weekend nights. They explore how independent operators are using demand-based pricing to smooth revenue, the technology behind it, and why most customers don't even notice. The episode also covers potential backlash and how to implement without alienating regulars.
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The skinny
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