For the Jan-Feb issue of PMQ Pizza magazine, we are writing an article on Creating Value Deals Strategically. We are seeking pizzeria/business experts for commentary--especially independent pizzerias who may not have the budget of bigger chains. (If you're not sure whether your expertise/background would be a good fit, please check with me via email.) Here are some questions we are asking:
Why are value deals important to consider/implement right now?
For indies to stay competitive, what are the secrets to STRATEGICALLY creating SMART value deals that are appealing and affordable to customers yet still profitable?
If we’re talking about bundling offers and pairings, how do you price these deals? Is it even about price at all, or more about perception? What types of deals should be offered (like targeting families, college students, parties/gatherings, etc.), and what components should be included (like a pizza, side, drink, dessert)?
How do we define value for independents and their customers? What constitutes a "good deal" (a win-win) for both pizzerias and their customers, and how can pizzerias capitalize on this? Are there differences among different generations/regions on what constitutes value? Should indies think of value deals as loss leaders (aimed at converting new customers into regulars, or opportunities for upselling or group orders at a higher, more profitable margin), or does that only work for chains?
How does a pizzeria gauge whether a deal is successful, and also convert deal-seekers to regular customers? How often should value deals be changed/refreshed?
Of course, we don’t want to encourage heavy couponing--it's more about developing a strategic approach to counter chain deals like Domino’s successful “Best Deal Ever” ($9.99 for any pizza with any toppings) or Pizza Hut’s 2-Buck-Tuesdays.
And you are free to include any other information that is pertinent.
For quoting purposes, please confirm full name, title, company name and city/state, and we would also love any related high-res images. Thank you!