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How does bakers square afford free pie wednesday?

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  • How does bakers square afford free pie wednesday?


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Answer #1 | 21/12 2013 21:37
They cover their costs the rest of the week and make t up with the sales they make on other products. Henry Ford said he could give away his tractors and still make money selling parts and accessories.
Answer #2 | 21/12 2013 23:03
Easy - simple economics. By offering a free slice of pie on what is probably their least busy day, they attract more customers. More customers ordering meals is good. Even though it is marketed as a "free slice", you still have to buy something. The free slice of pie generates more traffic and more sales, even if you only buy a coffee. Most people will buy a full meal, say $15 per person. That is a $15 sale they otherwise might not have had. Basically, having something for free generates more traffic, which generates more sales which means more profit - not less profit, even if it seems like they take a loss.
Answer #3 | 21/12 2013 21:58
Margins on drinks are HUGE.
Answer #4 | 21/12 2013 21:41
No one knows
Answer #5 | 22/12 2013 00:22
They consider it part of their advertising budget and can write it off. Plus, it's a ploy to pull customers in the door. Most all businesses do some sort of discounting or give away products to entice someone to shop or eat there. The so called "specials" do wonders for a companies bottom line. In the end, they will more than make up for the cost of the "free pie".
Answer #6 | 22/12 2013 09:04
because their pies are so good and get tons of business
Answer #7 | 24/12 2013 11:12
Didn't know they were still in business. I'm guessing they can afford it, because it's only slices of pie that they serve for free.
Answer #8 | 23/12 2013 19:40
its so good that you will buy another slice or a whole pie
Answer #9 | 22/12 2013 20:36
Margin.

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