How to Put Dynamic Pricing to Use in Your Restaurant

But, when you do, be sure to frame the “regular” prices as a discount. And again, keep an open mind toward dynamic pricing. It holds great potential for the restaurant industry. I’d love to hear some ... Read More

Restaurant Companies Are Ready for Dynamic Pricing, but Diners? Not Yet

If anything, the blowback shows the restaurant industry two things. One, any dynamic pricing tools need to be communicated with exceptional clarity. One little line in a Wendy’s earnings call set off ... Read More

Dynamic Pricing: A Balance Between Strategy And Consumer ... - Forbes

In the ever-evolving landscape of business strategies, dynamic pricing has emerged as a contentious yet fascinating approach. Traditionally associated with airlines, hotels and ridesharing, this ... Read More

More Bars And Restaurants Using 'Dynamic Pricing' To Reflect Consumer ...

Under 'dynamic pricing' or 'smart pricing' prices fluctuate with consumer demand. ... While you might get stuck paying more at your favorite restaurant or bar you can also get a deal if you avoid ... Read More

Is it Time for Dynamic Pricing in the Restaurant Industry?

With digital menus, it’s simple enough to Just try it and see what happens. But, when you do, be sure to frame the “regular” prices as a discount. Secondly, talk with your POS systems vendor to see ... Read More

Dynamic pricing was once the realm of Uber and airlines. Now ... - CBS News

Wendy's plans to test surge pricing in restaurants 03:57. Your burger and fries could soon cost $12 in the morning and $20 just a few hours later — at the same restaurant. Read More