Demand-Dependent Beverage Prices
The Bar STOCK Exchange is an established concept for the promotion of both your premises and products. The Bar STOCK Exchange is unique, there are no fixed prices for most of the Bar items on offer.
Almost every Indian loves trading. Bar STOCK Exchange aims to create an environment where the customer always wins. Think of it as happy hours where you control the prices of all the drinks at any time.
The market can be crashed anytime
Once every day the market crashes as well, so customers can trade their favorite spirits and purchase at rock bottom prices. Trading then begins all over again from new set base price. Customer still chills with their friends but in an all new innovative and exciting atmosphere.
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Bar Stock Exchange Process
Customers can trade via an app at the venue. The algorithm is simple - all spirits start at a base price and are governed by the laws of demand and supply. As the demand of a particular spirit, wine or beer grows or declines the prices go up or down.
Rules
The rules are simple: As order is placed on the customer app, the price for individual item changes according to demand on TV screens. The items that are not in great demand are more reasonably priced and therefore find favor with guests.
Proprietary Bar Exchange App with Integrated ATS POS
The software package that connects to the in-house POS/Kitchen Display, links to the video system and creates a Bar Stock Exchange out of any venue. The software is running successfully at multiple outlets since last 24 months.
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And for the Customers
Customers can observe how the price of their favorite beer is developing on TVs. Customers will pay the price which is shown on the TV when they order.
This is the price Customers pay when the waiter brings their order, even if the price has changed in the meantime.
Market crash, good news for speculators
Now and again, depending on the activities of the Items trade, the market crashes and the prices fall rapidly. So make sure to watch the price of the items on the TVs and place a quick order. Keeping up with the fluctuating item prices is both easy and entertaining.
Frequently Asked Questions
Got a question? We've got answers. If you have some other questions, contact us on +91 9810078010.
How does dynamic pricing actually increase my bar's revenue?
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Capitalizing on Peak Demand: During popular events or busy hours, the software automatically raises drink prices slightly. This maximizes profits when customers are most willing to pay. -
Attracting Customers During Lulls: Strategic price drops on certain drinks during slower nights entice customers and encourage them to stay longer. For instance, a market crash on cocktails during happy hour can attract a new crowd.
Is the system difficult for my staff and customers to use?
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Staff-Friendly Interface: The software seamlessly integrates with your existing POS system, requiring minimal additional training for your staff. -
Intuitive Customer Displays: Just like you see stock prices changing on a ticker, customers can easily view real-time drink prices on strategically placed screens throughout your bar. It adds a fun, interactive element to their experience.
Do I need to buy a lot of new equipment to run this software?
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POS System Compatibility: The software is compatible with a popular POS systems, so you likely won't need to replace your existing hardware. -
Flexible Display Options: From TVs to tablets, you can choose how to display drink prices . -
Our Team Guides You: We provide expert guidance throughout the installation process to ensure a smooth transition and minimal disruption to your operations.
Bar Stock Exchange Restaurant POS
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