Business School & Consultancy - Courses - WEBINARS / SEMINARS - Menu pricing optimization

Menu pricing optimization

Modality
WEBINAR
Location
IRELAND
Duration
2 Days (8 hours)
Registration
until 21/11/2021
Price
355€

Menu pricing optimization

Empower yourself with the practical skills you need to become a restaurant Pricing Master.

This training allows you to challenge its pricing assumptions.

You will be able to build pricing models that surpass the sophistication of any pricing model on the market today.

You will learn to challenge biases and assumptions using data-driven arguments.

We will start by showing different approaches on how to analyze and define the correct pricing strategy ending the first day with mathematical exercises both manually and in Excel.
Install Excel on your computer.
The second day will begin by showing you how to import POS data to begin building a pricing model.
Once the course will be finished, all participants who wish will receive online assistance at no cost to carry out their own optimization model in their restaurant, reserving the date and time available in our calendar.

CONTENTS

DAY 1

1.Pricing optimization

4 ways increasing your revenue

Linear demand curve

Price Elasticity

Profitability / Popularity

Menu engineering

Price analysis

Pricing Strategy

Dynamic pricing  Math solutions

Optimal Rate calculation

The Rate formula

Math Exercise modules 1 and 2.

2. Excel for restaurant data Analysis

Importing raw Data

Statistical functions in excel

DAY 2

3. Building your own model in excel

Restaurant  owner

F&B Director

Restaurant Manager

Executive Chef 

Operations  Manager

F&B controller

If you have any question, please call: +4 0731 552 532 or drop us an email at: cw@hostalion.com.

Course registration

Menu pricing optimization









355 €
0
355

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Our clients come from some of the most popular hotel and restaurant chains in the world: 

Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains
Our students come from the most popular hotel chains

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