Pricing Strategies and Distribution Channels in Hospitality
-
Author: DCT
-
Level: Introduction
-
Study time: 4 hours
Write your awesome label here.
Join today
This course is designed to provide you with a basic understanding of supply and demand economics, the frameworks behind various common pricing strategies, typical ways in which prices are set in hospitality and the distribution channels used for product promotion in the industry.
Complete the course quizzes for a DCT-Online Certificate of Completion.
Complete the course quizzes for a DCT-Online Certificate of Completion.
-
Video time: 14 lessons
-
Exams: Five Quizzes
What you will learn
The theoretical foundations of Menu Engineering
How to cost dishes and apply menu engineering calculations to your restaurant menu
How to assign dishes to an engineering category based on profit margin and popularity
The impact of a strategically designed menu on your bottom line
How to calculate menu item pricing
How to highlight feature menu items to promote sales