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Dynamic pricing enables restaurants to be more profitable by taking a data-driven approach to pricing
For those that are unfamiliar with the term, Dynamic pricing is a pricing strategy that enables restaurants to be more profitable by taking a data-driven approach to pricing.
With physical menus, this was virtually impossible, but now with
Restaurants are able to dynamically price at scale.
Chipotle is a great example of a success story using dynamic pricing. In their spring earnings report, they credited pricing as one of the reasons why they saw major growth over the last year.
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By The Restaurant Growth Show PodcastFor those that are unfamiliar with the term, Dynamic pricing is a pricing strategy that enables restaurants to be more profitable by taking a data-driven approach to pricing.
With physical menus, this was virtually impossible, but now with
Restaurants are able to dynamically price at scale.
Chipotle is a great example of a success story using dynamic pricing. In their spring earnings report, they credited pricing as one of the reasons why they saw major growth over the last year.