Having read the article in full, for once, I have absolutely nothing more to contribute.
Excellent article and whether you like it or not – He is absolutely 100% correct in everything he is saying.
Strange. Most of the “price shaming” I’ve seen has been posted in the irishtimes
🤔
Price and profit margins aren’t very well connected in the world of restaurants. McDonald’s recently posted 60% profit in their latest quarterly financials, far more than any upper end restaurant could ever dream of
He is 100% correct here. On another note the man is a godlike genius in the kitchen. The best meal I have ever had in my life was in Aniar.
It’s a complicated issue and based in our assumption that food must be cheap and cheaper again. Obviously this is madness but at the same we have to wonder about the way prices jump up but don’t jump down or indeed ever really reduce fully after a shock induced increase (as is the case in 2022/33). So we need to separate out why food has become cheaper over the last 30 years when adjusted for inflation from why dramatic prices increases don’t get fully reserved. Plus of course the aspect of shrinkflation.
Restaurant prices are a different matter again as they should be looking to provide the best quality possible at a price point and that’s very difficult esp during a period of high inflation.
Restaurants are the one thing I consider decent value for money in Dublin.
Bars (ie alcohol) and clubs on the other hand….
This guy is right! Restaurants can and should be allowed to just charge whatever they want for ‘the experience’ of having your dinner, as he calls it.
Just don’t come back whinging to us about the slow death of the hospitality industry when you price locals out of your establishment and then wonder why you lose money 9 months of the year.
We should be doubling down on price shaming supermarkets more and centra. Centra especially. Nevermind restaurants. You are paying for food to be prepared by a professional and even brought down to the table for you.
Of course it’s a chef and restaurant owner with an active agenda to not reduce prices saying this.
Either lower your prices or accept the criticism for not doing so, rather than whining about not being able to have your cake and eat it.
Don’t let him gaslight you into giving him and his type your money without questioning it.
I paid 10 euros for pancakes in a restaurant. I received 2 thin pancakes with some jam. I think there definitely is a case for price shaming.
Having worked in the hospitality industry for a year I truly think they are among the most bitter group of people you could come across. Restaurant owners bitch and moan about their bottom line but like if you’re self employed, that’s part of the deal like? You’re responsible for the bottom line? it just rings awfully hollow when you know how badly they treat their staff. No sick days, minimal pay for physically demanding work and so on. They get away with murder in terms of giving breaks and the like because most of their workers don’t have many qualifications.
I do sympathise with the fact that they were effectively shut down for 18 months but they’re a god awful industry who need to take a hard look at themselves in other ways. Anyway, rant over. Maybe I just had a particularly shitty string of employers
He can be right and his business can still fail, he has to hope enough people buy into what he is selling and want to pay more .
It’s not as much price shaming as it is economics.
Set prices as he likes but customers may not show up .
Place in Belfast two weeks ago charged £25 for five at table plus 13.5 service charge and expected a tip.how do you feel about that ?
This is the fella who has a 12 week minimum stagiaire advertised for his restaurant yeah?
>Furthermore, what is overcharging? Is not the role of business to make a profit and survive? Is that not the current model?
– Overcharging is :
1 intransitive/transitive to ask someone to pay more money than is reasonable, or more money than the real price
That is a dire opinion piece from start to finish. The title is doing it no justice.
If a ‘price shame’ post gets enough attention, then it is obvious that the price is ridiculous.
If somebody stumbles across an overpriced restaurant and decides to ‘report’ it to the rest of the world, that should be considered providing a service.
If the Irish Times wants to try and shame people for providing that service, then that should be considered very hypocritical, and ridiculous.
My biggest current price gripe is the 50c charge for oat milk for coffees, even if the cafe says oat milk is twice as expensive as regular milk(it isn’t) that would put a 25c price on the regular milk. So don’t charge me for what I’m not having and stop adding an inflated charge for the oat milk I am having. Deduct the price of normal milk!!!
Charge what you need to mate, doesn’t mean people will be able to afford it.
Restaurants are experiences and should be seen as a luxury. If you can afford to eat in a restaurant 7 days a week then you must be doing pretty well.
in the defense of restaurants, prices have gone mental, especially with power and gas, most of them are barely making a profit, even with inflated prices
19 comments
Having read the article in full, for once, I have absolutely nothing more to contribute.
Excellent article and whether you like it or not – He is absolutely 100% correct in everything he is saying.
Strange. Most of the “price shaming” I’ve seen has been posted in the irishtimes
🤔
Price and profit margins aren’t very well connected in the world of restaurants. McDonald’s recently posted 60% profit in their latest quarterly financials, far more than any upper end restaurant could ever dream of
He is 100% correct here. On another note the man is a godlike genius in the kitchen. The best meal I have ever had in my life was in Aniar.
It’s a complicated issue and based in our assumption that food must be cheap and cheaper again. Obviously this is madness but at the same we have to wonder about the way prices jump up but don’t jump down or indeed ever really reduce fully after a shock induced increase (as is the case in 2022/33). So we need to separate out why food has become cheaper over the last 30 years when adjusted for inflation from why dramatic prices increases don’t get fully reserved. Plus of course the aspect of shrinkflation.
Restaurant prices are a different matter again as they should be looking to provide the best quality possible at a price point and that’s very difficult esp during a period of high inflation.
Restaurants are the one thing I consider decent value for money in Dublin.
Bars (ie alcohol) and clubs on the other hand….
This guy is right! Restaurants can and should be allowed to just charge whatever they want for ‘the experience’ of having your dinner, as he calls it.
Just don’t come back whinging to us about the slow death of the hospitality industry when you price locals out of your establishment and then wonder why you lose money 9 months of the year.
We should be doubling down on price shaming supermarkets more and centra. Centra especially. Nevermind restaurants. You are paying for food to be prepared by a professional and even brought down to the table for you.
Of course it’s a chef and restaurant owner with an active agenda to not reduce prices saying this.
Either lower your prices or accept the criticism for not doing so, rather than whining about not being able to have your cake and eat it.
Don’t let him gaslight you into giving him and his type your money without questioning it.
I paid 10 euros for pancakes in a restaurant. I received 2 thin pancakes with some jam. I think there definitely is a case for price shaming.
Having worked in the hospitality industry for a year I truly think they are among the most bitter group of people you could come across. Restaurant owners bitch and moan about their bottom line but like if you’re self employed, that’s part of the deal like? You’re responsible for the bottom line? it just rings awfully hollow when you know how badly they treat their staff. No sick days, minimal pay for physically demanding work and so on. They get away with murder in terms of giving breaks and the like because most of their workers don’t have many qualifications.
I do sympathise with the fact that they were effectively shut down for 18 months but they’re a god awful industry who need to take a hard look at themselves in other ways. Anyway, rant over. Maybe I just had a particularly shitty string of employers
He can be right and his business can still fail, he has to hope enough people buy into what he is selling and want to pay more .
It’s not as much price shaming as it is economics.
Set prices as he likes but customers may not show up .
Place in Belfast two weeks ago charged £25 for five at table plus 13.5 service charge and expected a tip.how do you feel about that ?
This is the fella who has a 12 week minimum stagiaire advertised for his restaurant yeah?
>Furthermore, what is overcharging? Is not the role of business to make a profit and survive? Is that not the current model?
– Overcharging is :
1 intransitive/transitive to ask someone to pay more money than is reasonable, or more money than the real price
That is a dire opinion piece from start to finish. The title is doing it no justice.
If a ‘price shame’ post gets enough attention, then it is obvious that the price is ridiculous.
If somebody stumbles across an overpriced restaurant and decides to ‘report’ it to the rest of the world, that should be considered providing a service.
If the Irish Times wants to try and shame people for providing that service, then that should be considered very hypocritical, and ridiculous.
My biggest current price gripe is the 50c charge for oat milk for coffees, even if the cafe says oat milk is twice as expensive as regular milk(it isn’t) that would put a 25c price on the regular milk. So don’t charge me for what I’m not having and stop adding an inflated charge for the oat milk I am having. Deduct the price of normal milk!!!
Charge what you need to mate, doesn’t mean people will be able to afford it.
Restaurants are experiences and should be seen as a luxury. If you can afford to eat in a restaurant 7 days a week then you must be doing pretty well.
in the defense of restaurants, prices have gone mental, especially with power and gas, most of them are barely making a profit, even with inflated prices