https://drinkexchange.co.uk/what-is-the-drink-exchange/

Literal straight up demonic shit I hate this so much, and also it's extremely reddit on top of being morally disgusting

The Drink Exchange quite literally turns a bar into a stock market for an evening with drinks prices rising and falling every few minutes, based upon what is being sold.

From the customer’s point of view, as they enter a bar they will see a selection of drinks prices on the screens (the trading graphics can be customised to suit specific branding). These prices change every few minutes based upon what they buy! So for example, if Heineken sells, then the price rises. If no one is buying Bacardi, then the price will begin to drop.

On top of this, we have the MARKET CRASHES. These are points during the event when prices hit their minimum. This can be across a number of items, all items, or maybe just one item. The screens flash, triggering customers to buy, and as they do so, the prices begin to rise.

As you can imagine this creates a high energy event, that is great interactive fun for the customer. However, the reason it is so effective, is that the bar is in control of all of the above.

Firstly, the bar is in control of the products floated on the stock market. There is no limit to the number of items but normally just between 10 and 20 lines.

Secondly, the bar is in control of the minimum and maximum prices for each product. For example, if there are lines you wish to sell (maybe short-dated, high margin, or possibly new products) you may want to drop these slightly more than others.

And finally, the bar is in control of those all-important MARKET CRASHES. These are incredibly powerful sales driving tools. For example, traditionally maybe the bar knows that everyone leaves at nine thirty on a Friday evening. Great, so CRASH the market at nine twenty and no one is going anywhere!

john-agony

Using this unique interactive model, bars can increase the length of time a customer spends in the venue. Whilst they are there, the bar can manipulate buying behaviour – whilst the customer thinks it was their idea to drink a Sherry at 8 o’clock on a Thursday evening. This is how The Drink Exchange significantly increases revenues.

Once signed up, the bar can choose how frequently and when they wish to run events – although most run weekly. It is incredibly easy to setup, it literally takes less than 10 minutes to create an event.

And the clever part, is that the system is integrated into over 100 POS systems globally . This means that the price on the TV’s, match the price on the POS. And all our integrations are fully authorised.

Please do feel free to get in touch with us to discuss further, or receive more information.

  • FnordPrefect [comrade/them, he/him]
    ·
    5 months ago

    The [owners] are in control of all of the above.
    The [owners] are in control of those all-important MARKET CRASHES.

    Wow, I assumed it was just a silly gimmick, but that is some impressive commitment to verisimilitude

  • BountifulEggnog [she/her]
    ·
    5 months ago

    Oh that sounds kinda cringey but whatever, I guess for an event or something maybe, I don't know I don't go to bars much.

    the bar controls everything

    Oh that doesn't sound very fun or interesting at all now.

    you could run a flash sale right before everyone leaves

    Whoever this is should be shot :agony:

  • CommunistBear [he/him]
    ·
    5 months ago

    This feels like it should be illegal given how much it has the potential to encourage reckless binge drinking. Also I'm sure the bartenders are going to love having a bunch of drunk, angry bros getting pissed at them because they missed their window to get X% off of a drink because the bartender was serving someone else

  • Dessalines@lemmy.ml
    ·
    5 months ago

    I watched a movie recently from the 1950s in the US. Main character orders a beer, which costs a nickel. That's about 60 cents in 2024.

      • Adkml [he/him]
        ·
        5 months ago

        If you want a 12 Oz Michellobe ultra.

        I am by no means a beer snob but to get something that even your average frat bronwoukdnt turn his nose up at is gonna be closer to $22 now.

  • Infamousblt [any]
    ·
    5 months ago

    Capitalism is just increasingly funnier and funnier to me. Like why the fuck not play alcoholic stock market? What a solid idea if your only goal is "find novelty ways to make money ignoring the societal cost entirely"

    • Adkml [he/him]
      ·
      5 months ago

      Yea this seems like a great way to fight a bunch of people when you try to give them their tab at the end of the night and they got charged $3 more for every shot than what it says on the board.

  • Adkml [he/him]
    ·
    5 months ago

    On top of all the other horrible shit about this nothing like encouraging a bunch of drunks to do shots of bailey's and cointrea at 1 am because nobody's ordered either of them in three hours.

    How many of yall like cement mixers.

  • 2Password2Remember [he/him]
    ·
    5 months ago

    i'll never have to worry about this because i would simply never be in a bar where people who would like this would go

    Death to America

  • Packet [none/use name]
    ·
    5 months ago

    I LOVE GAMBLING WHILE DRUNK SO I CAN GAMBLE MORE TO BE MORE DRUNK SO I CAN GAMBLE MORE TO BE MORE DRUNK SO I CAN GAMBLE MORE TO BE MORE DRUNK

  • barrbaric [he/him]
    ·
    5 months ago

    Bit idea: we build one of these but when some stonks asshole walks in the front door, they immediately fall down a trapdoor.