Wednesday, August 24, 2011

Discussion Points For Your Next Meeting - #3

The price of a hotel room depends on the size, style and location of the particular room. A room with a view of the beach sells for more than the exact same room looking at the parking lot. A room with a separate parlor is sold for more than the standard style room. A newly decorated room has more value than one that has not been refreshed. Can you see the ways in which a caterer can use the same type of logic as it applies to pricing?

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