The Restaurant Growth Show16 Marras 2023

Jay Ashton talks about the inevitability of dynamic pricing for restaurants

In this episode, industry expert and Canada's top food service influencer, Jay Ashton, breaks down the complexities and opportunities of dynamic pricing in the food service industry.

Ashton emphasizes communication, transparency, wise adoption of technology and embracing changes to improve customer experience while ensuring profitability. He encourages restaurateurs to be authentic, innovative and purpose-driven in implementing pricing strategies that could prove key to their success.

Tune in to gain valuable insights into catering to evolving consumer behaviors, leveraging AI and historical patterns, and the importance of profit margins. Ashton’s perspective paves the way for meaningful discussions around the future of restaurant pricing.

01:43 Discussion on Dynamic Pricing in Hospitality

01:59 Insights on Dynamic Pricing Adoption

03:50 Historical Perspective on Pricing and Menus

05:17 Menu Optimization and Pricing Strategies

11:48 Challenges of Print Menus and Pricing

14:49 Balancing Dynamic Pricing with Customer Experience

20:32 Communicating Dynamic Pricing to Customers

22:57 Jay Ashton Contact Information and Closing Remarks

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Audio Podcast Links:

Spotify: https://open.spotify.com/show/0QSepx7a9NnMM8MTqDppWi

Apple Podcast: https://podcasts.apple.com/us/podcast/the-restaurant-growth-show-podcast/id1646107178

Google: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy9iMTM3MjgzMC9wb2RjYXN0L3Jzcw

Amazon: https://music.amazon.com/podcasts/0087e671-d9c9-4c45-a430-51b1305b2994

RSS: https://anchor.fm/s/b1372830/podcast/rss

Leave your suggestions for new topics in the comments! We read every single one. 🙂

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CONNECT WITH US ON SOCIAL MEDIA

LinkedIn: https://www.linkedin.com/company/dynpricing-technologies/mycompany/

Facebook: https://www.facebook.com/groups/therestaurantgrowthshow/

Instagram: https://www.instagram.com/dynpricing/

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👋 ABOUT Dynpricing Technologies

Hi, we're Dynpricing Technologies, the dynamic pricing solution tailored for restaurants. Optimize your menu pricing to maximize profitability and cater to diverse clientele.

Check us out: https://dynpricing.ai

#restauranttechnology #dynamicpricingforrestaurants #dynamicpricing #dynpricing

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