think great in 08 value coupons 2008. think great in 08 value coupons why value coupons –3 pizzas...
TRANSCRIPT
THINK GREAT IN 08
Value Coupons
• Why Value Coupons– 3 Pizzas versus a choice of 1 or 2 pizzas (we had
pushed the 1 to 2 pizza buyers to the side)– Minimizes Price Adjustments – Managers were
embarrassed by our regular price points– Customer order sooner with a value price point available
– More MVP’s– Single Pizza eaters spend more money with you than
multiple pizza buyers over the course of a year– Lowers food cost immediately and increases sales over
time
THINK GREAT IN 08
Value Coupons
• Why Value Coupon– Pricing the Team will Support / Be proud of!– Minimize the offers (9 coupons / 3 sizes)– Make 444 / 555 / 777 Carry Out Only– Value coupons were actually a price increase
camouflaged to look like a price decrease– Customers will have an option for 1 or 2 pizzas– Must hide all previous coupons you plan to not use
anymore
THINK GREAT IN 08
% Sales + / - Last Year
-8.0
-6.0
-4.0
-2.0
0.0
2.0
4.0
1 2 3 4 5 6 7 8 9
% LY Burr % LY CompanyStarted Value Coupons
Prior to Hurricane
THINK GREAT IN 08
Food Versus Company
27.5
28.0
28.5
29.0
29.5
30.0
30.5
31.0
31.5
32.0
32.5
12 13 1 2 3 4 5 6 7 8 9
Burr Company
Started Value Coupons
Period 9 Inaccurate Due To
Hurricane
THINK GREAT IN 08
Tips on Rolling out Value Coupons
• Refer to them as Value Coupons, not Pricing especially if you still do 2XTuesdays
• Make sure to hide all old coupons• Put a cheat sheet on front counter with old
coupons until your feel they are gone• Make sure to offer 444 / 555 / 777 as carryout
only