Re:Show your costs to boost sales
by djrogers on Thursday April 29, 2021 @01:16PM
(#26983844)
> - Sales of chicken noodle soup bowls ($4.95) in Harvard’s campus canteen increased 21.1% when costs were disclosed
What sales decreased in relation to this? Would overall sales increase if all food items had costs listed? Or would people gravitate to the meals with the lowest margins, figuring them to be relative bargains?
It's really not simple to draw a conclusion from the limited data set here.
What sales decreased in relation to this? Would overall sales increase if all food items had costs listed? Or would people gravitate to the meals with the lowest margins, figuring them to be relative bargains?
It's really not simple to draw a conclusion from the limited data set here.