My question: do parents really save money from "Kids eat free" deals? Is the average cost of the meal for the adult higher? Also how do you make revenue and profit on this concept?
Hi afrancis and thanks for the question! As for the monetary savings, parents will definitely save as most places have fixed priced menu, but a regular purchased meal is usually required! In short, families can save money, but it will depend on the food provider.
I understand your view on marked up prices, however, we'd work with fixed prices to reduce the markup or any predatory price hikes.
Revenue/profit model we discussed can be:
a. Charged partners a listing fee or percentage of total bill
b. Charged families a monthly fee(subscription)
c. Or charge families a one time fee to download
Hope this helps and feel free to continue our chat! Thanks ;)
Hope this helps and feel free to continue our chat! Thanks ;)