YanDao Alfrescian (InfP) Generous Asset Joined Sep 17, 2012 Messages 370 Points 0 May 9, 2014 #1 Does this make sense to you? Eat outside (no aircon) - Mee goreng is $3 Eat inside (got aircon) - Mee goreng is $8
Does this make sense to you? Eat outside (no aircon) - Mee goreng is $3 Eat inside (got aircon) - Mee goreng is $8
Leongsam High Order Twit / Low SES subject Admin Asset Joined Jul 10, 2008 Messages 65,763 Points 113 May 9, 2014 #2 YanDao said: Does this make sense to you? Eat outside (no aircon) - Mee goreng is $3 Eat inside (got aircon) - Mee goreng is $8 Click to expand... Yes it does because the price of food includes overheads. The actual cost of the ingredients are often less than 30% of the menu price. There's an Italian restaurant in our neighborhood which does great pizza. If I eat it there, it's NZD23. If I order it as a takaway, it's only NZD14.
YanDao said: Does this make sense to you? Eat outside (no aircon) - Mee goreng is $3 Eat inside (got aircon) - Mee goreng is $8 Click to expand... Yes it does because the price of food includes overheads. The actual cost of the ingredients are often less than 30% of the menu price. There's an Italian restaurant in our neighborhood which does great pizza. If I eat it there, it's NZD23. If I order it as a takaway, it's only NZD14.
po2wq Alfrescian (Inf) Asset Joined Jul 15, 2008 Messages 22,772 Points 113 May 9, 2014 #3 datz y dat burger once asked ... u wanna eat @ hawker centre, fudcot or restaurant ...
YanDao Alfrescian (InfP) Generous Asset Joined Sep 17, 2012 Messages 370 Points 0 May 9, 2014 #4 But this is not takeaway. It is still having it there, just inside or outside. Leongsam said: Yes it does because the price of food includes overheads. The actual cost of the ingredients are often less than 30% of the menu price. There's an Italian restaurant in our neighborhood which does great pizza. If I eat it there, it's NZD23. If I order it as a takaway, it's only NZD14. Click to expand...
But this is not takeaway. It is still having it there, just inside or outside. Leongsam said: Yes it does because the price of food includes overheads. The actual cost of the ingredients are often less than 30% of the menu price. There's an Italian restaurant in our neighborhood which does great pizza. If I eat it there, it's NZD23. If I order it as a takaway, it's only NZD14. Click to expand...
J johnny333 Alfrescian (Inf) Asset Joined Aug 9, 2008 Messages 22,829 Points 83 May 9, 2014 #5 Some Sporeans still do not know about the true cost of having the PAP in power.
Leongsam High Order Twit / Low SES subject Admin Asset Joined Jul 10, 2008 Messages 65,763 Points 113 May 9, 2014 #6 YanDao said: But this is not takeaway. It is still having it there, just inside or outside. Click to expand... Pricing isn't a science it's also an art. There's such a thing called the "Decoy Effect". Perhaps the operator has found that this pricing strategy of $3 and $8 for non aircon / aircon options maximises his revenue. http://www.freshbooks.com/blog/2014...-that-can-dramatically-increase-your-revenue/ http://blog.freshplum.com/pricing-strategy-decoy-effect/
YanDao said: But this is not takeaway. It is still having it there, just inside or outside. Click to expand... Pricing isn't a science it's also an art. There's such a thing called the "Decoy Effect". Perhaps the operator has found that this pricing strategy of $3 and $8 for non aircon / aircon options maximises his revenue. http://www.freshbooks.com/blog/2014...-that-can-dramatically-increase-your-revenue/ http://blog.freshplum.com/pricing-strategy-decoy-effect/