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Bar With Beer Prices Like Stocks (Cincy)

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Yeah, I understand that, and it all makes sense. I guess I was just envisioning someone at a table with was being served by waitstaff, and if things were written down with a pencil/pad. (Just didn't have any idea of what their setup may be like.)

 

I'm seeing a live ticker board on the walls with each beer price. As you buy it adds to your tab at that price. Good idea for the owners. You see prices are going, you go ahead and order another to get a better price.

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Yeah, I understand that, and it all makes sense. I guess I was just envisioning someone at a table with was being served by waitstaff, and if things were written down with a pencil/pad. (Just didn't have any idea of what their setup may be like.)

 

I'm thinking the wait staff would hate it as they will get asked "how much is ____?" before every order. Of course if they have IPad ordering like a few places I've been to, the pricing could be shown in real time.

I'm thinking the wait staff would hate it as they will get asked "how much is ____?" before every order. Of course if they have IPad ordering like a few places I've been to, the pricing could be shown in real time.

 

Electronic order placement table-side would be huge benefit. Can you imagine somebody who's already had a round (or two) getting ticked off because the price changed between when the waiter/waitress took the order and when it got punched into the computer back at the bar?

Can you order your beer, hold it and hope to sell it at a higher price?

TAC thankfully you wont have to worry about this beer shooting up in price.

 

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TAC thankfully you wont have to worry about this beer shooting up in price.

 

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First beer I ever drank. Jansens back yard.

If this works it would be a good example of supply side economics.

Based on my understanding, which admittedly could be wrong, prices will fluctuate with each purchase. So if I buy a Bud Light, and then the next 10 people after me buy Bud Light, the next time I go to get a Bud Light the price will be higher based on the increased demand.

 

And I would go somewhere else.

First beer I ever drank. Jansens back yard.

 

....and later in the evening threw up in Dosch's front yeard. :lol2:

I'm thinking the fluctuation of pricing won't be all that crazy, meaning the selling price of the beer will stay somewhat relative to its wholesale cost. So Bud/Miller light will never be expensive, and higher cost craft brews will never be super cheap. Wouldn't surprise me if there was a floor and a ceiling for each beers price. The variable pricing I think would be more designed to move the slower selling beers than to get a little extra on a more popular beer.

And I would go somewhere else.

 

JMO, but the Bud Light and the like beer drinkers are not the crowd this place is going after...

JMO, but the Bud Light and the like beer drinkers are not the crowd this place is going after...

 

You're probably right but why would someone stay there if the beer they are drinking goes up?

You're probably right but why would someone stay there if the beer they are drinking goes up?

 

Craft beer drinkers are more loyal to craft beer than a specific beer in most cases. If one they enjoy goes up, they'll either pay the premium or give something else a try. Most are very insensitive to price fluctuation.

 

Most times I go to either a bar or a restaurant with a craft selection, I never order the same beer twice. Always trying new things. I think most who are into crafts do the same.

You're probably right but why would someone stay there if the beer they are drinking goes up?

 

Folks that like craft beers, have no problem sampling other beers. Whenever I go to a place that has a large selection of craft brews, I usually try at least one or two that I've never gotten before. Again, I'm thinking that each beer has a floor and a ceiling in terms of price. They won't gouge you on popular beers (but will make a little extra) and by dropping the price on slower moving beers, they'll stoke demand a little and help their turns.

 

The customer here isn't the guy that orders beer by the bucket on nights out.

 

The other thing to keep in mind, is (at least in my case), if I'm out having a meal and some good craft brews, I'm not throwing back 8 or 10 beers. Maybe 2 or 3 at the most. So if the price were to go up a little (say a buck or two), it's not that big of deal to pay it if I have to have my favorite brew. Or if I'm feeling frugal and don't want to pay extra, then I just try something else. Either way, it's not hitting my pocket all that hard. If you're drinking craft brew, you're not all that price sensitive.

Edited by rjs4470

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Craft beer drinkers are more loyal to craft beer than a specific beer in most cases. If one they enjoy goes up, they'll either pay the premium or give something else a try. Most are very insensitive to price fluctuation.

 

Most times I go to either a bar or a restaurant with a craft selection, I never order the same beer twice. Always trying new things. I think most who are into crafts do the same.

 

Folks that like craft beers, have no problem sampling other beers. Whenever I go to a place that has a large selection of craft brews, I usually try at least one or two that I've never gotten before. Again, I'm thinking that each beer has a floor and a ceiling in terms of price. They won't gouge you on popular beers (but will make a little extra) and by dropping the price on slower moving beers, they'll stoke demand a little and help their turns.

 

The customer here isn't the guy that orders beer by the bucket on nights out.

The other thing to keep in mind, is (at least in my case), if I'm out having a meal and some good craft brews, I'm not throwing back 8 or 10 beers. Maybe 2 or 3 at the most. So if the price were to go up a little (say a buck or two), it's not that big of deal to pay it if I have to have my favorite brew. Or if I'm feeling frugal and don't want to pay extra, then I just try something else. Either way, it's not hitting my pocket all that hard. If you're drinking craft brew, you're not all that price sensitive.

 

Extremely accurate posts. If you enjoy craft beer, you'll just try something different.

 

Heck, if I go to a brewery, I am not getting my favorite beer that I've had a few times. I'm looking to try something new and get annoyed if I have had everything available that day haha!

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