Hey Seth

I like giving employees raises & bonuses

money has to come from somewhere

that $1.50 to you, multiplied by the number we sell, helps us do a lot of things

could charge more for shows I suppose

seth, haven't you learned anything by what happened to the record industry, and the general feeling towards fees . . . that people don't give a flying fuck about the person or people providing the product.  they just want it for cheap, and if you don't provide it for cheap, they'll go someplace else.  you can charge what you want for whatever you want . . . but please, don't act so fucking surprised that people don't like overpriced stuff.  i wonder what the fillmore charges?

Seth wrote:
so that $1.50 really makes a difference to you

tell me how

Actually it makes no difference to me at all, I never buy sodas at at shows.  It just seems like a fair price for a soda, that's all.

it's about the same at ball games

similar situation

I don't want people feeling ripped off at my shows, but we got bills to pay

and there are always those that complain about prices, so that comes with the territory…I always wonder what those people would do if they were in the same situation…make less so that somebody pays $3 instead of $4?

isn't that basically what they want…to keep more for themselves?

there is a lot of expense besides the cost of the syrup, soda water, cup, & ice…plus keeping good people to serve it

plus profit…that is why we do this

anyway, I hope the experience we provide is worth it overall…but you do have to pay for it

or not…you don't have to go if you think it's a bad deal

Bottom line, I go to a show expecting to spend $$$$ on drink.

You could actually make MORE money if the prices were a little less is my guess. I'll still buy five* drinks at a show whether it's $5 a beer or $8 a beer.

However, if it's $8 a beer, you lose out on a bunch of folks that don't want to pay that inflated price.

*that number could range from 1 to 10 actually if friends/wife is with me.

Yada wrote:
You could actually make MORE money if the prices were a little less is my guess. I'll still buy five* drinks at a show whether it's $5 a beer or $8 a beer.

This. I honestly don't care, I'm not complaining and I love the Club, but it's a supply/demand thing. I'm not an expert but I wouldn't be surprised if charging slightly less encourages people to buy more and increases profit.

The Temper Trap
MAR 28 - The Bowery Ballroom
MAR 29 - Music Hall of Williamsburg
MAR 30 - Music Hall of Williamsburg

i'm assuming you're already all over this, so this is an advance "thank you" for bringing TT back to the club.  thanks!

Seth wrote:
it's not that you really need that $1.50

i'd argue that you need it even less :P

agenthal wrote:

Yada wrote:
You could actually make MORE money if the prices were a little less is my guess. I'll still buy five* drinks at a show whether it's $5 a beer or $8 a beer.

This. I honestly don't care, I'm not complaining and I love the Club, but it's a supply/demand thing. I'm not an expert but I wouldn't be surprised if charging slightly less encourages people to buy more and increases profit.

that is a reasonable debate

sweetcell wrote:
The Temper Trap
MAR 28 - The Bowery Ballroom
MAR 29 - Music Hall of Williamsburg
MAR 30 - Music Hall of Williamsburg

Seconded! Though I'm a little scared of how stacked that week is already for me…

;D

Yada wrote:
You could actually make MORE money if the prices were a little less is my guess. I'll still buy five* drinks at a show whether it's $5 a beer or $8 a beer.

One of the first things one learns in marketing and econ is that it is often better to sell more at a smaller margin than less at a higher margin.

I am having a tad bit of difficulty keeping track of who is replying to whom, so I am just going to make a general point here. 

1) This is not a simple matter of $1.00 or $1.50.  One particular dollar for any given drink may not mean much, but when you we add up that extra $1 every time it is paid, the sums gets significant quickly.  If we increased the price of everything in the market place by (lets say) 25¢, one could argue that 25¢ really does not matter.  We probably all agree though that in this scenario the cumulative effect of the 25¢ increase would be significant to a lot (if not all) of us.

2) Going from $3 to $4 is in excess of a 33% increase which is substantial.  The fact it is done in a small dollar increment does not change that fact.  Almost any commodity that was presented with a 33% price increase will evoke some sort of response from consumers.

3) I understand that there is more than that there is more than water and syrup in that coke.  I totally comprehend fixed cost, variable cost, mark up on sales, etc (my undergrad degree is in econ and accounting).  I simply think that a price of $4 for a coke is well beyond an equitable allocation of these costs to this product.

Again I hope this isn't taken as a bitch fest by anyone.  It is more me, as a consumer, giving feedback to the vendor.  Sometimes we do this by choosing or not choosing a particular vendor.  Sometimes we do this by engaging in a conversation as we are now.  (I hope that all made sense.  I feeling pretty crappy right now so I may be a bit delusional, even more so than normal!)

RatBastard wrote:
One of the first things one learns in marketing and econ is that it is often better to sell more at a smaller margin than less at a higher margin.

apparently we went to different schools.  where i studied, those types of generalizations wouldn't get you very far.  without specifics (like which market you are after, overhead cost, marginal cost, substitution, state of competition, elasticity of demand, etc) your statement is meaningless. 

Alas, there's a difference between community college in southern VA and community college in Canada.  ;D

sweetcell wrote:

RatBastard wrote:
One of the first things one learns in marketing and econ is that it is often better to sell more at a smaller margin than less at a higher margin.

apparently we went to different schools.  where i studied, those types of generalizations wouldn't get you very far.  without specifics (like which market you are after, overhead cost, marginal cost, substitution, state of competition, elasticity of demand, etc) your statement is meaningless. 

sweetcell wrote:

RatBastard wrote:
One of the first things one learns in marketing and econ is that it is often better to sell more at a smaller margin than less at a higher margin.

apparently we went to different schools.  where i studied, those types of generalizations wouldn't get you very far.  without specifics (like which market you are after, overhead cost, marginal cost, substitution, state of competition, elasticity of demand, etc) your statement is meaningless. 

Which is why I said "often" rather than "usually" or "always".

listen, I'll take care of the economics here

everyone go back to their homes, move along now

posted it once and i'll post it again



seth . . . as a cat.

I like it

Seth wrote:
listen, I'll take care of the economics here

everyone go back to their homes, move along now

So like is there a possibility that the club has or will come up with a designated driver policy of some sorts?  I kind of got lost in the flurry or posts whether there was a response or not.  Thanks…

walkonby wrote:
posted it once and i'll post it again



seth . . . as a cat.

<tongueincheek>Looks like about $1,000 worth of bottled products on the table there.</tongueincheek>