OnDemand WTP Pricing Research

Tag: Restaurant Pricing

Dynamic Pricing for Airport Parking | Perfect Price

Dynamic Pricing for Airport Parking | Perfect Price

Even with passenger volumes rising, ride-sharing is hitting airports where it hurts – parking revenue. Traditionally the top revenue source for airports, parking revenue cannot be replaced by $1 or $2 fees from ride-share companies like Uber and Lyft. This article explores how leveraging the same dynamic pricing technology used by ride-sharing companies can help […]

Would You Pay More for Dinner on a Saturday Than on a Tuesday? | Heated – Medium

Would You Pay More for Dinner on a Saturday Than on a Tuesday? | Heated – Medium

Most people want reservations at peak times, which in Toronto, starts around 7:30 p.m. on Friday and Saturday night. Unless restaurateurs can convince customers to sit on each other’s laps, they often can’t satisfy demand. Meanwhile, seats can sit empty on Tuesday. So in March, Yang got creative with a solution by raising prices on […]

The restaurant with dynamic costing | The Hindu

The restaurant with dynamic costing | The Hindu

A couple of cost accountants came together to start a restaurant. They made quite a few enquiries about the possible clientele, number of eateries around that area, offices nearby that would have both floating and regular customers. They then started it with as little fanfare as possible, to reduce overheads on advertisement costs. They decided […]

Shake Shack Raises Prices on Chicken, Delivery Could Be Next | Skift Table

Shake Shack Raises Prices on Chicken, Delivery Could Be Next | Skift Table

Higher prices are coming for two things Shake Shack’s customers love: chicken and delivery. Like its peers in the industry, Shake Shack has been hit from all sides by higher operating costs including higher food prices and steep delivery commission fees. But the core principals on which Shake Shack has built its brand — high-quality […]

Chili’s wants to get delivery right | Food Business News

Chili’s wants to get delivery right | Food Business News

Maggiano’s company-owned comparable restaurant sales increased 0.4% in the quarter.  Company sales were $101.8 million, up 0.2% from $101.6 million in the previous year’s third quarter. “Our consumers are in a good place,” Mr. Roberts said. “Economically, with record low unemployment and income growth now expanding throughout the middle class, more people are choosing to […]

Portland Timbers, Thorns freeze concession prices and add ‘park pricing’ for some games | Pro Soccer USA

Portland Timbers, Thorns freeze concession prices and add ‘park pricing’ for some games | Pro Soccer USA

The Portland Timbers are the latest club in Major League Soccer to embrace lower concession prices in a bid to boost the game-day experience. The club has announced plans to offer “park pricing” for some midweek games, which includes $2 hot dogs, $2 nachos and $5 Coors Light. The lower prices will be available during […]

McDonald’s plan to put “supersized” data to action | Perfect Price

McDonald’s plan to put “supersized” data to action | Perfect Price

McDonald’s recent acquisition of the Tel Aviv-based AI startup, Dynamic Yield, is an exciting move, demonstrating that the 63-year old fast-food chain is looking for ways to stay competitive. Like many large enterprises, McDonald’s has long recognized the value in data, collecting large amounts of data on everything from tractions to customer behavior. However, data […]

Masters Tournament concessions menu prices: Why food, drinks are so cheap at Augusta National | Fox Business

Masters Tournament concessions menu prices: Why food, drinks are so cheap at Augusta National | Fox Business

The Masters Tournament is one of the most prestigious events in sports Opens a New Window. , but fans who paid top dollar for entry badges can look forward to dirt-cheap prices at Augusta National Golf Club’s famous concessions stands Opens a New Window. . The Masters menu features traditional items such as pimento cheese […]

Uber Eats rolls out confusing new fees — here’s what they mean | The Verge

Uber Eats rolls out confusing new fees — here’s what they mean | The Verge

Since Uber Eats doesn’t keep a comparison of its old booking fees up on the app, customers are understandably confused about whether prices have gone up or not. And the results can vary. Some customers on Reddit complained about the markup after a small order of an $8.99 chicken kadai led to a total order […]

Convenience store delivery app comes to New Haven | Yale Daily News

Convenience store delivery app comes to New Haven | Yale Daily News

While they were students at Drexel, Gola and Illishayev were fed up with having to make so many trips to the convenience store to get cups, drinks and snacks for parties. As a potential solution, they began drafting a business plan for goPuff. Gola and Illishayev began hand-delivering items to students around their campus out […]