4 ms·
This just doesn't always work, if you lose more than 20% of your customer base when you raise your prices 20% you aren't doing yourself a favor. Anecdotally I'
by nightfly 5y ago
This just doesn't always work, if you lose more than 20% of your customer base when you raise your prices 20% you aren't doing yourself a favor.
Anecdotally I've stopped eating at restaurants/food carts that I absolutely loved when they've raised prices about that much
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You aren't gonna get all restaurants onboard with this at once unless you outlaw tipping, and I don't see that happening.