The Bowling Proprietors Guide to Price Strategy

The Bowling Proprietors Guide to Price Strategy

For a lot of business, pricing products involves either charging what everyone else is charging or taking a wild guess. But if you want to grow your bowling center's profit, you need to take a systemized approach to pricing

In episode #8, host Mark Bares shares the good, the bad, and the ugly of pricing and what you should be doing in your bowling center to make the most on everything you sell

IN THIS EPISODE YOU'LL LEARN:

• [01:05] Stop giving everything away for free
• [02:10] How to "buy" a customer's information
• [03:38] Discounting 101 – why and how you should discount
• [05:19] The strategy of stacking value
• [06:28] How much are your customers willing to pay?
• [08:09] Working your numbers backward
• [09:20] The 2 most important numbers to pay attention to when setting prices

LINKS AND RESOURCES MENTIONED IN THIS EPISODE:

• GrowBowling365.com
• Summer BowlPass

Thanks so much for joining me this week. Want to subscribe to the Grow Bowling 365 podcast? Have some feedback you'd like to share? Connect with us on Apple Podcasts and leave a review!