Why Not Raise Prices Every Single Month?

#522 - Why Not Raise Prices Every Single Month?

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This week's episode is brought to you by: MARGIN EDGE
VISIT: https://www.marginedge.com/lp/chip

This week's episode is brought to you by: RESTAURANT SCALE SECRETS
VISIT: https://restaurantscalesecrets.com/Chip

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In this episode Chip walks you through a simple framework he teaches to all of his clients: Popcorn Pricing.

You should be raising prices on your menu every single month. But not on every dish... just a handful of dishes. By understanding the real time plate costs of what you serve you can use pricing as a tool to maintain profitability. Every month, you should be increasing the prices of 5-10% of your items.

 

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