View Single Post
Old 02-28-2007, 09:53 PM   #1 (permalink)
Randerolf
Fireball
 
Randerolf's Avatar
 
Location: ~
You're Paying More or Getting Less Than You Think

As a server, the Cornell School of Hotel Administration always has interesting studies ...

Quote:
Cornell Study Says Tipping Makes Restaurants Seem Less Expensive

red bar Ithaca, NY, February 12, 2007 – Why do restaurants rely on tips instead of a flat wage to compensate waiters and waitresses? Why not build the cost of service into menu prices? One explanation involves the way consumers determine how expensive a restaurant is. According to this idea, consumers will perceive restaurants with higher menu prices but no tipping to be more expensive than restaurants with lower menu prices and tipping. A new study from the Cornell Center for Hospitality Research finds that this is exactly what happens.

The study, “The Effects on Perceived Restaurant Expensiveness of Tipping and Its Alternatives,” compared the expensiveness ratings of restaurants with tipping, added service charges, and service-inclusive pricing. Of those three practices, the one that seems the most expensive to customers is service-inclusive pricing. Tipping and service charges, on the other hand, seem to take advantage of lower menu prices despite higher add-on service costs. Thus, restaurant customers don’t appear to take tips into account when they judge how expensive a restaurant is. The study is available at no charge from http://www.hotelschool.cornell.edu/c...erreports.html.

Authors Shuo Wang and Michael Lynn, both of the Cornell School of Hotel Administration, used a computer simulation that allowed participants to make food selections from several restaurants, each of which used tipping, service charges, or service-inclusive pricing. Even after the participants saw their final bill, which included a tip or service charge, they viewed the restaurant with service-inclusive prices as more expensive.

“We concluded that our participants were generally using menu prices—and not the total bill—as their guide for how expensive they viewed our simulated restaurants,” said Lynn, an associate professor of marketing. “Thus, it seems to us that only restaurants with price-insensitive customers can adopt service-inclusive pricing without risking the loss of customers.”
link

The methods that companies use to give their product a higher perceived value or a cheaper price are fascinating. From the all-you-can-rent Netflix subscription (they start dragging their heels, and delaying your shipments if your appetite for DVD's is as unlimited as your subscription) to the $2.369 per gallon (yeah, that 1/1000 of a cent bargain) I paid for fuel today, companies maneuver to make people think that they are getting a deal. Ever notice the shrinking size of cereal boxes, yet steady prices? Are such practices good, bad, or just circumstance?

Has anyone read Robert Cialdini's Influence: The Psychology of Persuasion ? It's a great read to see how people are manipulated by - among other organizations - businesses.
Randerolf is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360