Mercedes-Benz Stadium Food Prices a Hit With Falcons Fans

Mercedes-Benz Stadium Food Prices a Hit With Falcons Fans

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a stadium's strategy to reduce food and beverage prices by 50%, leading to increased fan spending and improved experiences. Despite initial skepticism, the pricing model is sustainable, with plans to maintain it for future events like the Super Bowl. The stadium addresses rising costs through efficiency and maintains high service quality. The NFL adapts to changing media consumption patterns and controversies, focusing on enhancing fan experiences.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the reduction in food and beverage pricing have on spending per fan?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the volume of transactions change when prices were lowered?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the effect of the pricing strategy on the entry experience for fans?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What feedback did the organization receive from fans regarding the food and beverage experience?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the organization plan to address potential price adjustments in the future?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the organization face regarding wage pressures after changing prices?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the organization responded to declining TV ratings and changing demographics?

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