Value pricing: How low can you go?

The effectiveness of value pricing for some food-service operations is unquestionable, but not for others. Here's a simple technique that operators can use to determine whether value pricing might increase their profits.

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Veröffentlicht in:The Cornell hotel and restaurant administration quarterly 1995-02, Vol.36 (1), p.51-56
Hauptverfasser: Hayes, David K., Huffman, Lynn M.
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Sprache:eng
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container_title The Cornell hotel and restaurant administration quarterly
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creator Hayes, David K.
Huffman, Lynn M.
description The effectiveness of value pricing for some food-service operations is unquestionable, but not for others. Here's a simple technique that operators can use to determine whether value pricing might increase their profits.
doi_str_mv 10.1016/S0010-8804(99)80058-5
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identifier ISSN: 0010-8804
ispartof The Cornell hotel and restaurant administration quarterly, 1995-02, Vol.36 (1), p.51-56
issn 0010-8804
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1552-3853
1938-9663
language eng
recordid cdi_proquest_journals_209727730
source SAGE Complete; Alma/SFX Local Collection
subjects Analysis
BENEFICE
Consumer behavior
Consumers
Corporate profits
Customer services
Discounts (Sales)
Elasticity of demand
Food
Food service
Food services
GANANCIAS
Hospitality industry
INDUSTRIA DE LA RESTAURACION
INDUSTRIE DE LA RESTAURATION
Market strategy
Marketing
POLITICA DE PRECIOS
POLITIQUE DES PRIX
Prices
Pricing policies
Profitability
Restaurants
Sales
Soft drinks
Value analysis
title Value pricing: How low can you go?
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