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re: Let’s discuss WTRH in this thread
Posted on 7/10/19 at 10:50 am to LSUGUMBO
Posted on 7/10/19 at 10:50 am to LSUGUMBO
quote:Okay, just saw the BR Business Report article from Monday. Waitr released new terms which include the rate hikes AND terms stating that they can't charge more than menu price.
I think they’re not SUPPOSED TO raise their prices to compensate, but several restaurants I have looked at ordering from do it. I wonder if they have someone that reviews the menus periodically or if they depend on users to report stuff like this.
quote:
Based on the terms of the new agreement, partner restaurants with food sales from the Waitr platform exceeding $20,000 will be charged a 15% commission from Waitr for every transaction. The commission increases in brackets, reaching a cap at 25% for restaurants with monthly food sales at or below $1,000. The terms also prohibit restaurants from charging a higher price for food ordered through Waitr than regular, in-restaurant transactions, instead passing along the fees charged by credit card companies to the restaurants.
1
Posted on 7/10/19 at 12:36 pm to KamaCausey_LSU
What’s their reasoning for not allowing restaurants to raise their prices? Restaurants have the same motivation to sell to customers. I don’t see how a business thinks a restaurant can eat 25% cost increase. Frankly that’s a laughable idea.
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