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Would a Costco style membership work for food? Attract better behaved customers, match fixed vs variable expenses better, attract more regular customers. Thou
by acover 5y ago
Would a Costco style membership work for food?
Attract better behaved customers, match fixed vs variable expenses better, attract more regular customers.
Though you run into restaurants being a terrible industry with too much competition.
- bittercynic 5y agoI would go to that restaurant! I don't love the membership fee - it seems a wrong to me to exclude the people who see $55/year as a barrier, but I LOVE the no-BS aura of Costco's employees. At Costco, more than any other store I've been to, I get the impression that you must be respectful to the staff if you'd like to continue shopping there. Maybe the membership model helps enable this, as the store could revoke your membership if you cause problems.
- headcanon 5y agoyou know thats really not a bad idea, although you'd have to get around people not wanting to visit the same place every day. I think it could work for a market-style place (think nice food court) for variety, but you'd still have to solve for having a place that people will want to go to at least twice a week to justify the membership cost.
- acover 5y agoI was thinking a coffee shop. Find a spot with 5 coffee shops all in one spot. Open a sixth and target the regulars by offering cheaper better coffee by subsidizing it with a monthly fee. Imagine during off peak hours $1 lattes. Or do salads and compete in a similar manner - like a gym membership, prepay to incentivize healthy behavior. The core problem is retail is a bad industry with high competition and there is a huge desire for variety.