Tuesday, April 7, 2009

Pay-what-you-like Restaurants

A new concept is rising in the business world. More specifically, I'm speaking about restaurants. Many businesses are placing their trust in the hands of their customer, trusting they would do the right thing. Customers come into the restaurants, they have their meals, and then, what it is so surprising is that they pay what they think their meal was worth. This is certainly an enterprising concept but many of the businesses who have ventured into this idea says it pays off with many more visits from their customers and customers paying good prices for their meals. If one day they dont have a lot of money, the next they'll pay more for what they want. It is certainly a "win-win" situation for both parties. I believe it is a great concept and I'm sure it increases customer loyalty. This new concept is being utilized all around the world. For more information read the following article...

http://www.budgettravel.com/bt-dyn/content/article/2008/02/29/AR2008022902761.html?wpisrc=newsletter

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