Managing Revenue with Pricing

COURSE ID: SHA512

Course Overview

This course teaches foodservice managers how to increase revenue through strategic pricing. Explore concepts in revenue management and implement a strategy built on variable pricing, price discrimination, price elasticity, price customization, demand-based pricing, rate fences, and menu engineering.

Learn how to calculate costs and estimate the payback period for potential investments associated with implementation. You also examine related staffing, management and training issues as they relate to pricing and revenue management.

This course is designed for foodservice managers who are responsible for managing and increasing revenue at their restaurant.