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Content provided by Chris Schneider, The Bar Business Coach, Chris Schneider, and The Bar Business Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Schneider, The Bar Business Coach, Chris Schneider, and The Bar Business Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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How to Run a 20-Minute Competitor Price Audit to Maximize Your Bar's Profits

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Manage episode 518696502 series 3445410
Content provided by Chris Schneider, The Bar Business Coach, Chris Schneider, and The Bar Business Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Schneider, The Bar Business Coach, Chris Schneider, and The Bar Business Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

You’re probably undercharging your beers and overpricing your cocktails and not even realizing it.

If your pricing is based on “what everyone else is doing,” you're not being strategic, you’re just gambling with your margins.

This episode hands you a quick 4-step pricing audit you can run this week to spot hidden profit leaks and reposition your prices without scaring off regulars.

You’ll see exactly where your pricing doesn’t match your guest experience and how to charge more where it actually makes sense.

If you’ve ever felt like you’re working hard but your bar still isn’t making what it should this is why.

What You’ll Learn
🌟 The 4-step pricing audit to uncover hidden margins
🌟 Why copying nearby bars could be draining 20% of your profit
🌟 The most common pricing mistake with premium vs. basic drinks
🌟 How to align your prices with the actual experience you’re offering
🌟 A simple way to mystery shop competitors and finally price with purpose

🔴 Learn More: 🔴
📌 Want a personalized bar growth plan?
Book your FREE STRATEGY SESSION here
https://barbusinesscoach.com/strategy-session
🚨 Want a stronger team and better bar culture?
Grab the free Bar Culture Workbook now
https://barbusinesspodcast.com
📢 Get FREE ACCESS to a group that understands the bar business
https://www.facebook.com/groups/barbusinessnation
🚀 Snag my book "How to Make Top-Shelf Profits in the Bar Business!"
Learn 75+ strategies to run it more profitably
https://barbusinesscoach.com/book/

  continue reading

184 episodes

Artwork
iconShare
 
Manage episode 518696502 series 3445410
Content provided by Chris Schneider, The Bar Business Coach, Chris Schneider, and The Bar Business Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Schneider, The Bar Business Coach, Chris Schneider, and The Bar Business Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

You’re probably undercharging your beers and overpricing your cocktails and not even realizing it.

If your pricing is based on “what everyone else is doing,” you're not being strategic, you’re just gambling with your margins.

This episode hands you a quick 4-step pricing audit you can run this week to spot hidden profit leaks and reposition your prices without scaring off regulars.

You’ll see exactly where your pricing doesn’t match your guest experience and how to charge more where it actually makes sense.

If you’ve ever felt like you’re working hard but your bar still isn’t making what it should this is why.

What You’ll Learn
🌟 The 4-step pricing audit to uncover hidden margins
🌟 Why copying nearby bars could be draining 20% of your profit
🌟 The most common pricing mistake with premium vs. basic drinks
🌟 How to align your prices with the actual experience you’re offering
🌟 A simple way to mystery shop competitors and finally price with purpose

🔴 Learn More: 🔴
📌 Want a personalized bar growth plan?
Book your FREE STRATEGY SESSION here
https://barbusinesscoach.com/strategy-session
🚨 Want a stronger team and better bar culture?
Grab the free Bar Culture Workbook now
https://barbusinesspodcast.com
📢 Get FREE ACCESS to a group that understands the bar business
https://www.facebook.com/groups/barbusinessnation
🚀 Snag my book "How to Make Top-Shelf Profits in the Bar Business!"
Learn 75+ strategies to run it more profitably
https://barbusinesscoach.com/book/

  continue reading

184 episodes

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