Josh WaltersinGravy.ai — Data Driven PricingMcDonald’s is testing new prices in their app and you probably haven’t even noticedWhat is the price of a McMuffin at McDonald’s?Jun 3, 2019Jun 3, 2019
Josh WaltersinGravy.ai — Data Driven PricingHow changing price 15 cents led to a 21% increase in revenueWhen I say the phrase ‘Dynamic Pricing at Restaurants’ I always get one of the following reactions:Jun 3, 2019Jun 3, 2019
Josh WaltersinGravy.ai — Data Driven PricingQuick Tips 2: CentsWhen professor Robert Schindler of the Rutgers Business School studied prices at a women’s clothing store, he found the 1 cent difference…Feb 25, 2019Feb 25, 2019
Josh WaltersinGravy.ai — Data Driven PricingQuick Tips 1: The Dollar SignHave you noticed lately that the dollar sign is missing beside the price on more and more restaurant menus? What used to be $12.00, has…Feb 20, 2019Feb 20, 2019
Josh WaltersinGravy.ai — Data Driven PricingUsing Data to Build Smarter, More Profitable PromotionsSpecials and promotions have always been used by restaurateurs to increase sales and generate buzz, but smart promotions achieve those…Feb 15, 2019Feb 15, 2019
Josh WaltersinGravy.ai — Data Driven PricingUsing Menu Psychology to Entice DinersWith fierce competition out there and new restaurants popping up every day, it’s important to make the most of each and every customer…Feb 14, 2019Feb 14, 2019