Smarter Pubs hear different stories of success and failure within the industry daily.
Although we do hear more happy stories than not. Mainly because we’re talking mostly to pubs that are doing well.
Of course the pubs and bars that are struggling are not just managed by big companies.
Who are also struggling during this prolonged period of downturn. How much tougher it’s going to get for pubs and bars in the coming months is yet to be seen.
http://www.bbc.co.uk/news/business-15834983
Someone called last week and said the landlord was complaing that the brewery was selling beer cheaper to a pub down the road and it was a freehouse.
This was after the customer questioned the price of the pint.
I said he has to say something that justifys the price of the pint.
How do you know what he was saying was true!
A hardship story sounds better than him just saying, that’s the price mate, like it or leave it. In truth that is basically what he is saying.
I have made this point time and time again. Prices go up and you have to pay the price if you want the goods or service. Pub Rooms has kept it’s price the same for 2 years, it’s a flat rate 23.99 a month
The guy that called from Dublin for accommodation in London last week so he and his brother could come over for his fathers funeral said he could not believe the prices for accommodation.
And made the point that there was a recession on and prices should be cheaper!
He could not believe 1 night was costling over £80
So I explained some simple economics -
When there is less demand prices go up.
The people that can afford it or need it will pay the extra thus compensating the volume of sales and keeping the turnover constant.
This cycle continues and when the downturn is over the prices stay high and the businesses go through another boom.
Who understands this and who stays in business is another story.
I saw an ad spend a few weeks back for a local newspaper and was shocked the pub was paying over £400 a month for newspaper ads still!
We know for a fact these ads no longer work based on cost and return.
If you’re a pub or bar struggling to attract customers take a look at the bars around you that are doing well and try and follow suit. If you’re still finding it difficult to understand how to achieve a successful website marketing strategy for your pub ask someone for help call 01827 714753 who designs pub websites.








