OnDemand WTP Pricing Research

Tag: Restaurant Pricing

Why Surge Pricing and Blockchain Tracking at Restaurants Aren’t Far Off | Skift Table

Why Surge Pricing and Blockchain Tracking at Restaurants Aren’t Far Off | Skift Table

Kokonas, who is also co-owner of culinary reservation system Tock, previously told Bloomberg that he thinks customers should be able to pay for their meal in advance. “I’m a big advocate for dynamic pricing,” he said during the panel. Rather than create culinary gimmicks with artificially inflated prices to make ends meet, Kokonas thinks restaurants […]

Surge Pricing May Save Your Favorite Restaurant | Bloomberg

Surge Pricing May Save Your Favorite Restaurant | Bloomberg

Next year, the restaurant experience will be defined more than ever by technology, according to the panelists at Bloomberg’s The Year Ahead: Luxury conference on Thursday. Blockchain, surge pricing, and facial-recognition software were all listed as ways that dining out will evolve in 2019. Maria Font Trabocchi, the Washington restaurateur behind Fiola and Del Mar, spoke about what’s to come in fine dining during […]

The true madness of a viral wing pricing scheme | The Verge

The true madness of a viral wing pricing scheme | The Verge

If you’ve been on Twitter in the past week, you may have seen this bewildering wing menu. I saw it a few days ago, and it has consumed my thoughts in every unoccupied moment since. We know nothing of where it came from or why, although it’s probably safe to assume it’s a wing place. […]

BigDish PLC eyes dynamic pricing structures as opportunity to grow Asian market share | Proactive Investors

BigDish PLC eyes dynamic pricing structures as opportunity to grow Asian market share | Proactive Investors

The company said that it believed yield management, in which different prices for products are charged at different times, will “transform the restaurant industry” BigDish Plc (LON:DISH) said it has identified yield management, a form of dynamic pricing structure, as an opportunity to expand business in its Asian markets. The company, which operates a discount […]

Introducing Uber Freight for shippers — a new way to ship | AJOT

Introducing Uber Freight for shippers — a new way to ship | AJOT

When we launched Uber Freight last year, our goal was to revitalize an industry and help freight move seamlessly and effortlessly around the country. Our first step towards achieving this was empowering carriers and their drivers, the heart of the trucking industry, with technology to help them succeed. With the Uber Freight app, we introduced […]

Uber For Restaurant Hiring: A New Service Offers Servers and Cooks On Demand | Washingtonian

Uber For Restaurant Hiring: A New Service Offers Servers and Cooks On Demand | Washingtonian

The web-based platform, which is expanding to the Washington suburbs soon, currently fills nearly 2,000 shifts per month at 130 restaurants and bars, ranging from fast food chains like Five Guys to more upscale hospitality operations like Neighborhood Restaurant Group (ChurchKey, BlueJacket). The process is designed to be speedy. Job-seekers fill out an online application and […]

McDonald’s Has Finally Solved the Value Menu Equation | The Motley Fool

McDonald’s Has Finally Solved the Value Menu Equation | The Motley Fool

Back when McDonald’s (NYSE:MCD) began offering its Dollar Menu, franchisees complained that it drove down their margins. The problem was that the menu offered extensive $1 choices that made it too easy for customers to construct a full meal from it for just a few bucks. Now, after multiple tries, it appears the fast-food chain […]

Study Shows Customer Preference for Direct Delivery from Restaurants | Food On Demand

Study Shows Customer Preference for Direct Delivery from Restaurants | Food On Demand

Customers report they would order from their favorite restaurants one extra time per month if delivery was offered, and more than 70 percent of QSR and fast-casual customers said they would choose a restaurant more often if delivery were offered. The importance of delivery doesn’t apply only to millennials. Of customers 35-44, around 78 percent […]

Your McDonald’s Experience Is About to Change | The Motley Fool

Your McDonald’s Experience Is About to Change | The Motley Fool

What else is McDonald’s doing? The company has also made some changes to its menu. This includes cooked-to-order Quarter Pounder hamburgers made with fresh beef. It has also revamped its menu, which CFO Kevin Ozan credited for part of the chain’s 2.9% increase in U.S. comparable-store sales in the quarter. “Sales were fueled by higher […]

A $49 lobster roll? A recent shortage has lobster prices soaring. | The Boston Globe

A $49 lobster roll? A recent shortage has lobster prices soaring. | The Boston Globe

It’s no shell game: As the price per pound has skyrocketed over the last few months, the costs of lobster dishes on restaurant menus across the city have been off the charts as chefs have been looking to claw back some of the margins. A combination of lousy weather, international demand, and iced-over Canadian fisheries […]