Olive Garden stole my idea (and I couldn't be happier)
Posted: Tue Sep 09, 2014 11:50 am
So, apparently, Olive Garden did this:
Never Ending Pasta Pass
And this happened:
Sold out immediately
For the tl;dr version: OG already had a Never-Ending Pasta deal (salad, pasta dishes, drinks, all you can eat, $9.99), and, on Sept 8th, they released 1,000 $100 "Pasta Passes" that allow you to strut into any of their restaurants, flash your card, and pig out. The pass is good from Sept 22 to Nov 9 (49 days total). They sold out immediately, and people are already scalping them for over $100.
Let's do the math, here. In order to break even, any consumer buying one of these passes would have to visit the Garden 10 times in 49 days - for this to be a good deal, you'd be going there at least twice a week. The pass covers salad, pasta, and drinks, but not desserts, and I'm betting at least one of those visits, someone's gonna say "What the hey, I'm not paying... tiramisu!". The pass is also only good for one person, and most people aren't going to go to a sit-down restaurant alone.
Olive Garden is going to make so much money this quarter. If they do, I expect the pasta pass will become a regular feature, and other restaurants will follow suit.
And I couldn't be happier about it.
I posted the breakdown of Florenovia's economy on August 8th, and I specifically mentioned a restaurant membership throughout that writeup. Now, I don't seriously think that anyone in OG's board of directors reads my comic, but, you have to admit, the timing on that is incredible. Maybe I was just tapped into the zeitgeist or something. The time is right for restaurant subscriptions!
Never Ending Pasta Pass
And this happened:
Sold out immediately
For the tl;dr version: OG already had a Never-Ending Pasta deal (salad, pasta dishes, drinks, all you can eat, $9.99), and, on Sept 8th, they released 1,000 $100 "Pasta Passes" that allow you to strut into any of their restaurants, flash your card, and pig out. The pass is good from Sept 22 to Nov 9 (49 days total). They sold out immediately, and people are already scalping them for over $100.
Let's do the math, here. In order to break even, any consumer buying one of these passes would have to visit the Garden 10 times in 49 days - for this to be a good deal, you'd be going there at least twice a week. The pass covers salad, pasta, and drinks, but not desserts, and I'm betting at least one of those visits, someone's gonna say "What the hey, I'm not paying... tiramisu!". The pass is also only good for one person, and most people aren't going to go to a sit-down restaurant alone.
Olive Garden is going to make so much money this quarter. If they do, I expect the pasta pass will become a regular feature, and other restaurants will follow suit.
And I couldn't be happier about it.
I posted the breakdown of Florenovia's economy on August 8th, and I specifically mentioned a restaurant membership throughout that writeup. Now, I don't seriously think that anyone in OG's board of directors reads my comic, but, you have to admit, the timing on that is incredible. Maybe I was just tapped into the zeitgeist or something. The time is right for restaurant subscriptions!