There’s a hotel in Chicago that my coworkers from other offices used to stay in when they’d come to town for meetings. The hotel had some of the cheapest minibar prices I’ve ever seen, especially on their bottles of wine. My boss asked them about it and they said they reduced the price and found they started selling such a higher volume that they were bringing in more profits overall.
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u/turquoise_amethyst Nov 19 '22
Dude, this. If they offered those same wines for $3-$5 (which is what some of them are worth, even with a markup) people would purchase them
Instead it’s $10 and barely anyone is buying