Pub Dynamic Pricing
Discussion
deckster said:
Interesting that they've decided to pitch it that way.
If they'd raised prices by 20p across the board and then said "Happy hour, 20p off before 6pm every day" nobody would have batted an eyelid.
Exactly.If they'd raised prices by 20p across the board and then said "Happy hour, 20p off before 6pm every day" nobody would have batted an eyelid.
Just like 2 of 1 deals or whatever % off in restaurants on days that they are not busy.
Also, they say it's to cover increased costs when they are busy. But there's a lot of fixed costs to opening a pub that still have to be paid if there's 1 customer or 100. And the price of a drink must include those fixed cost, so you could argue prices could come down when it's busy, not go up.
So, yes, they have done it the other way round.
There was a short lived place in Luxembourg's Grund called "Traders" or some such. (It's now Oscar's for those here who may know.)
The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
RC1807 said:
There was a short lived place in Luxembourg's Grund called "Traders" or some such. (It's now Oscar's for those here who may know.)
The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
Many a 90s student would have been familiar with the concept of the Stock Market night at the student union. Drink prices based on demand, possibly used by the union to get rid of all the cherry brandy, Archers and bogcider that they otherwise couldn't get rid of.The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
Every so often a bell would ring and 'Stock Market Crash!' would appear on the screens and hundreds of students would leg it to the bar for 20p shots.
Think it went the way of quadruple shots in a pint glass topped up with lemonade, and was eventually banned.
RC1807 said:
There was a short lived place in Luxembourg's Grund called "Traders" or some such. (It's now Oscar's for those here who may know.)
The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
We had a thing similar to this at the Student union when i was at uni many years ago - it was called stockmarket and the more popular drinks increased and the least popular ones dropped.The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
So Random things like pernod was 20p a shot whilst vodka was £1 a shot, lead to some fun times!
Seems there is now a company that runs events like this for bars.
https://drinkexchange.co.uk/
ScotHill said:
RC1807 said:
There was a short lived place in Luxembourg's Grund called "Traders" or some such. (It's now Oscar's for those here who may know.)
The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
Many a 90s student would have been familiar with the concept of the Stock Market night at the student union. Drink prices based on demand, possibly used by the union to get rid of all the cherry brandy, Archers and bogcider that they otherwise couldn't get rid of.The prices were driven by demand, so the more beers were ordered, the price increased, other drinks less in demand, their prices dropped.
It was all on digital pricing screens behind the bar, like a ticker.
You ended up mixing your drinks as, being Luxembourg, beers far outweighed other purchases, and you didn't want to get ripped off.....if you ordered a large round of beers, you'd pay more when they were delivered than the price when you ordered. It sucked.
As I said, it didn't last long.
Every so often a bell would ring and 'Stock Market Crash!' would appear on the screens and hundreds of students would leg it to the bar for 20p shots.
Think it went the way of quadruple shots in a pint glass topped up with lemonade, and was eventually banned.
deckster said:
Interesting that they've decided to pitch it that way.
If they'd raised prices by 20p across the board and then said "Happy hour, 20p off before 6pm every day" nobody would have batted an eyelid.
in Scotland a lot of alcohol pricing promotions including "happy hours" are banned.If they'd raised prices by 20p across the board and then said "Happy hour, 20p off before 6pm every day" nobody would have batted an eyelid.
are there slug and lettuces in Scotland? yes, there are.
So that's maybe why they've done it like that.
abzmike said:
If they had just put up their prices by 20p and not said anything would anyone have noticed?
Probably not, but I’m pretty much desensitised to price increases now, I don’t really want to know how much I’m being ripped off. There’s a pub local to me that charges £5 for a pint of St Miguel to locals and £6.50 to anyone they don’t recognise, I’ve no idea if that’s even legal, but have decided to boycott the place until the landlord moves on. It's interesting that the BBC headline only mentions Slug & Lettuce (and also Yates), so you would conclude it's not that many pubs.
But, whilst it does refer to The Stonegate Group as the owner of said S&L and Yates, it fails to mention that The Stonegate Group is actually the UK's largest pub company and owns over 4,500 licensed premises.
https://www.stonegategroup.co.uk/about-us/
That's a lot of boozers, way more than the BBC's article might suggest.
But, whilst it does refer to The Stonegate Group as the owner of said S&L and Yates, it fails to mention that The Stonegate Group is actually the UK's largest pub company and owns over 4,500 licensed premises.
https://www.stonegategroup.co.uk/about-us/
That's a lot of boozers, way more than the BBC's article might suggest.
snuffy said:
It's interesting that the BBC headline only mentions Slug & Lettuce (and also Yates), so you would conclude it's not that many pubs.
But, whilst it does refer to The Stonegate Group as the owner of said S&L and Yates, it fails to mention that The Stonegate Group is actually the UK's largest pub company and owns over 4,500 licensed premises.
https://www.stonegategroup.co.uk/about-us/
That's a lot of boozers, way more than the BBC's article might suggest.
?But, whilst it does refer to The Stonegate Group as the owner of said S&L and Yates, it fails to mention that The Stonegate Group is actually the UK's largest pub company and owns over 4,500 licensed premises.
https://www.stonegategroup.co.uk/about-us/
That's a lot of boozers, way more than the BBC's article might suggest.
BBC said:
Stonegate Group, the UK's biggest pub chain, says 800 of its 4,000 pubs will introduce "dynamic pricing" during evenings and weekends.
Blue62 said:
Probably not, but I’m pretty much desensitised to price increases now, I don’t really want to know how much I’m being ripped off. There’s a pub local to me that charges £5 for a pint of St Miguel to locals and £6.50 to anyone they don’t recognise, I’ve no idea if that’s even legal, but have decided to boycott the place until the landlord moves on.
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