Many operators have great menus but the wrong pricing strategy.
With our help we can show you what you should be charging to reach your goals. One of the best quotes I have heard is “if you are an inch off at takeoff, you can be a mile away when your reach your destination.” By starting with a pricing strategy that is on point today, it can deliver the profits you deserve come the end of the month.
Evaluate the Competition, Not the Neighbours.
It is important when reviewing your pricing to compare your strategy to your actual competition not just the bar next door. Often people compare their pricing to the bars and restaurants that are closest to them but this isn’t necessarily their competition.
I recommend comparing your pricing to the top 5 locations most similar to you, If someone were looking to go to your restaurant, where else are they considering?
Do a little bit of digging and you will get a better sense for who your real competition is.
Book your consolation today!
Get in touch to learn how we can help your business succeed more and book a consultation.