http://www.beermarket.com.sg/beermarket/
FAQ
How does the Beer Market Exchange works?
Prices of beer change every 30 minutes interval and are determined solely by demand. When someone buys a particular brand of beer, the price of that beer will go up when the countdown clock hits 30 minutes. However, if the beer was not sold during the previous half hour, the price of that beer goes down.
How much is the price increase?
Each bottle of beer sold will result in a unit increase in price. Therefore the more bottles sold, the higher the price increases. Example: One Heineken bottle is set to have in an increase in price of $0.50 if sold. If ten bottles of Heineken were sold during the period of half hour, the price increase will be $5.00
How does the Beer Market Exchange determine the number of beer sold?
The Beer Market Exchange is connected to the Point of Sale (POS) system. When an order is keyed into the POS, it sends the information to the Beer Market Exchange which then calculates the new price of the beer when the 30 minutes period finishes. Likewise, when no orders are taken for a beer, the Beer Market Exchange automatically reduces the price when the countdown clock hits 30 minutes.
Why are the prices in Red and Green?
Prices in Red indicate that nobody has bought the particular brand of beer during the last period and hence the price goes down.
Prices in Green indicate that the particular brand was sold during the last period and hence the price has increased.
