Proper pricing- The secret behind attracting customers to your restaurant

What makes a restaurant immensely popularpresence of pizza foodservice and other fast
among its customers? Apart from good food andfood outlets have gradually transformed the
relaxing ambiance, what makes guests flock to aeating habits of India’s middle class
restaurant is its pricing of dishes. Gone are theconsumers. The pricing strategies are decided
days when one had to settle for cheap options,keeping the masses into consideration and their
as cost of food at high-end restaurants wouldaffordability. Hence, the concept of lavish foreign
cost a fortune. However, the rise in the numbercuisine that was termed rare earlier is fast
of food outlets in the country has led todisappearing.
meticulous pricing policies of restaurants in orderVisiting a restaurant was only related to an
to sustain old customers and attract new ones.occasion earlier. However, with the emergence
One of the major factors that add to thecountless food joints and dishes offered at highly
profitability of most food-chains, even afteraffordable prices, eating out has no more
reduced rates, is the firm grip on portion control.remained a fancy thing. The rise in income of the
Expert chefs know exactly how much ingredientmiddle class and a continued robust economic
to be added in every dish. This avoidsgrowth are some of the other factors that have
unnecessary wastage of food items, which isled to the increase in the number of people
known as Portion control. No doubt, staff of anyvisiting restaurants more often. Hence, to cater to
restaurant has to undergo a rigorous trainingthe growing demands and survive the tough
session before commencing their actual job at thecompetition, food outlets have to offer proper
workplace.pricing to their customers. Especially, office goers
The next reason why restaurants are offeringfind it more convenient to place an order for lunch
lucrative discounts and slashed prices on variousor dinner from the nearest food joint, instead of
delicacies is the balance of expensive andgoing through the daily hassle of carrying Tiffin.
inexpensive food items. Street stalls/kiosksFamily outings and dinners have now become
continue to dominate the foodservice market incommon as compared to earlier.
India, however, with international entrants and