Not sure this'll work in Benidorm where most people buy in rounds, so having different prices for the same round every 5 minutes will cause confusion and possibly friction. Think it's also unfair to the staff as they're the ones that'll unfortunately be getting any flak about the prices. Hope it works for them but we'll wait and see
Good luck to them. There used to be a couple of bars with the same concept in Manchester in the 1990's Beer trading company and Ganders go south. Sadly neither lasted very long. Hopefully for them this will not be the case for their bar .
Great information. It my first time in January and we are staying at the Don Pancho hotel which you have covered. Would it be possible for you to check for us regarding the car park upgrading in front of the Don Pancho. Is It noisy for the hotel residents etcetera? Keep up the interesting info on Benidorm.
We’ve had a message from Jet2 stating the car park, a private apartments car park , in front of the Don Pancho is being worked on and it is taking longer than necessary. Once again your information on Benidorm is so valuable to especially for someone who has never been. Happy Christmas and a healthy sunny new year.
@mgannon5820 Ahh they must mean the new apartment building over the road that's been going up for years. I guess they are now onto the car park with it. I haven't noticed any more noise than usual tbh x hope this helps
Good idea but not completely original. Ive been in a bar in the 90s with the same theme (might have been Cardiff or Swindon?) called Wall Street I think . It did the same , tv’s every where with hooters and flashing lights every 15 mins as the price of a specific drink went up and down on the screen till it stuck 👍🏽
You can't beat benidorm wherever you go good luck guys hope you have a fantastic first year and onwards get that coyote ugly vibe going along with your concept
Been done for years.Not sure Benidorm is the right place for it as beer is so cheap there.Key will be if they can create a great atmosphere away from the gimiky price concept.Also if the beer is good quality, many of the cheaper places in Benidorm the beer is undrinkable.I wish them well and will certainly give it a go.
We have one of them bars in poulton called... yeap.. wall street. Not been in as one day I went it was closed Interesting how it's doing when I'm back in June.
It’s okay when your beer goes down but no one is going to be happy when their favourite pint goes up they will leave and go somewhere else .. some right brits out there 😂😂 we moan when beer goes up once a year in the local 😂
Maybe the pricing will react to the sort of customers and their intentions eg if a bunch of hens look like they're going to leave cocktails will go down for half an hour, but pints go up.
Sounds complicated to me. Personally, I'd rather have fixed prices, dynamic pricing for a pint isn't for me. Suspect this bar won't be here next Christmas.
@michaelcarey8491 yeah there's a bit of a boom of bars in London doing similar now too but just themes nights not basing the whole bar around the concept. I really like the idea but I'm a bit of a gambler too 👍
@@LucyYoungTBEThe broadcasting of non-major sports such as F1 might help to entice customers in what's been described as a slightly out of the way venue. Their tastes will doubtless be evaluated as time goes on so this pub may well be successful. Personally, I'm not sure about the dynamic pricing idea. It might work for a few hours at peak times, but I'm not sure how it can operate well on a day long basis. But we'll see.
If they concentrate more on the "entertainment and good product" side, and less on the cheap/cheap/cheap side, they may hit on something. I'm sure many will disagree, but the uncle Ped/bucket of beer cheap angle has been done to death. Different people want different things from their holiday. Good luck to them in this venture, and it should at least offer something different.
I beg to differ. This type of bar is not new, on the contrary there have been quite a few bars with this pricing concept operating at a profit and being successful . As long as you can get the drinks at the price you want and not end up missing the opportunity due to the bar being busy and not enough bar staff. Time will tell I suppose.
Doomed to fall. I genuinely wish them good luck, however it'll not last 12 months. At one minute my beer is 3 euro and then half an hour later it's 4 euro? No thanks
Can't see this working people will leave if their drink go up nobody sits all alday in the same bar for ot to go down If you sat there a while paying a set price spent decent money a group walks in buys drinks pushed your price up they will walk out
Yes, they will need to be careful not to annoy customers. But I wonder if they might introduce people to new drinks. I might visit this bar to watch the F1 or a couple of hours cricket, probably drinking a few pints as I do. Maybe the bar staff will then call out that cocktails are at half price. That might just tempt me to try one. So, the bar staff really going to have keep a close eye on whats going on in the pub.
A let down for the bar will be it's on the wrong side of the road for the sun, not a sun trap.
Hope it works out for them lucy 👍
Enjoying the Benidorm updates from Melbourne oz. Great work Lucy as always 👍🇦🇺🇪🇸
Hi Lucy. Great update as always. Best wishes and lots of luck to this couple for their new venture x
Not sure this'll work in Benidorm where most people buy in rounds, so having different prices for the same round every 5 minutes will cause confusion and possibly friction. Think it's also unfair to the staff as they're the ones that'll unfortunately be getting any flak about the prices. Hope it works for them but we'll wait and see
That is such a cracking idea. I wish him well. Can’t wait to see what it looks like.
It won’t survive a single season, it’s the stupidest idea I’ve ever heard of for a bar
A'reyt Lucy. I did not see how Four Jacks fitted the concept. Without much thinking I had Wall Street Crash in mind.
I think its a great idea...never heard of it before...I like something new a different. Good luck guys 👍
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Great information as always Lucy.
Best wishes to them.
Good luck to them.
There used to be a couple of bars with the same concept in Manchester in the 1990's Beer trading company and Ganders go south.
Sadly neither lasted very long.
Hopefully for them this will not be the case for their bar .
Manchester the busiest city in the north and they failed, learn a lesson
Good luck guys, good to see progress too!
Hello Lucy, I wish to that nice couple to have a great success with their idea.
Hope it does better than the last bar there, it only lasted a couple of months. Not great for foot traffic.
I doubt it, Sounds a bit desperate of a marketing ploy,
That does look good and a fantastic idea too , I'll certainly be in there next year 🎉🎉
Great information. It my first time in January and we are staying at the Don Pancho hotel which you have covered. Would it be possible for you to check for us regarding the car park upgrading in front of the Don Pancho. Is It noisy for the hotel residents etcetera? Keep up the interesting info on Benidorm.
Hi, i'm not sure what you mean by car park upgrading?
We’ve had a message from Jet2 stating the car park, a private apartments car park , in front of the Don Pancho is being worked on and it is taking longer than necessary. Once again your information on Benidorm is so valuable to especially for someone who has never been. Happy Christmas and a healthy sunny new year.
@mgannon5820 Ahh they must mean the new apartment building over the road that's been going up for years. I guess they are now onto the car park with it. I haven't noticed any more noise than usual tbh x hope this helps
Stock exchange. Not sure what to make of it to be honest. I guess each to their own. Wishing the new owners all the best in their new venture.
Pubs with dynamic pricing get really bad press in the UK but I wish these folks all the best and hope it works out for them.🍻
Good idea main issue for me is location, and it’s on the shady side of the street
Wouldn't fancy working behind the bar, I'd be totally confused! 🤯
Good idea but not completely original.
Ive been in a bar in the 90s with the same theme (might have been Cardiff or Swindon?) called Wall Street I think . It did the same , tv’s every where with hooters and flashing lights every 15 mins as the price of a specific drink went up and down on the screen till it stuck 👍🏽
Looks a great bar, surprised Cayman baby went so quickly ? Right near Cafe India for your curry after a few drinks 😊👍
Hope it works but I like a wander to different bars . Cant change prices but saying that some bars do up prices in evenings.
Used to be a regular event in the SU at University of Northampton - Bar FTSE! Was a fun night. I suspect won't attract regulars but hope I'm wrong.
There's such a bar here in Hannover, Germany,been going for years, called Das Börse.
You can't beat benidorm wherever you go good luck guys hope you have a fantastic first year and onwards get that coyote ugly vibe going along with your concept
Not sure about this concept. Who wants to go into a bar that price changes when your drinking seems its all about prices changing
Yes it is, that's the whole concept 👍
Been done for years.Not sure Benidorm is the right place for it as beer is so cheap there.Key will be if they can create a great atmosphere away from the gimiky price concept.Also if the beer is good quality, many of the cheaper places in Benidorm the beer is undrinkable.I wish them well and will certainly give it a go.
Waiting for the follow up
We have one of them bars in poulton called... yeap.. wall street. Not been in as one day I went it was closed
Interesting how it's doing when I'm back in June.
Good luck to them , can’t see it doing well but hope I’m wrong x
It’s okay when your beer goes down but no one is going to be happy when their favourite pint goes up they will leave and go somewhere else .. some right brits out there 😂😂 we moan when beer goes up once a year in the local 😂
Maybe the pricing will react to the sort of customers and their intentions eg if a bunch of hens look like they're going to leave cocktails will go down for half an hour, but pints go up.
Good luck with this.
Sounds complicated to me. Personally, I'd rather have fixed prices, dynamic pricing for a pint isn't for me. Suspect this bar won't be here next Christmas.
Then you have 100s of bars to chose from, for those that want a different more engaging experience this will provide that 👍
Its nothing new. Have a couple barsa like that in Barcelona for years. Sure Will do well.
@michaelcarey8491 yeah there's a bit of a boom of bars in London doing similar now too but just themes nights not basing the whole bar around the concept. I really like the idea but I'm a bit of a gambler too 👍
Positive you are..😏
@@LucyYoungTBEThe broadcasting of non-major sports such as F1 might help to entice customers in what's been described as a slightly out of the way venue. Their tastes will doubtless be evaluated as time goes on so this pub may well be successful. Personally, I'm not sure about the dynamic pricing idea. It might work for a few hours at peak times, but I'm not sure how it can operate well on a day long basis. But we'll see.
It's not a new idea , I've drunk in exchange bars all my life , I hand over money in exchange for drink . Ut works for me 🍺🍺🍺🍺🍺🍺
If they concentrate more on the "entertainment and good product" side, and less on the cheap/cheap/cheap side, they may hit on something. I'm sure many will disagree, but the uncle Ped/bucket of beer cheap angle has been done to death. Different people want different things from their holiday. Good luck to them in this venture, and it should at least offer something different.
Got 1 in Dublin
👍👍👍
Not for me but good luck
Great concept but judging by the comments I fear it will be a bit much for Benidorm Brits brains 😂
Sounds interesting. I look forward to you doing a video when it is up and running.
Hi Lucy Tam from Bathgate here noticed that place was not open when we were over good luck to the new owners
He lost me near the beginning 😅
This will fail. A stupid idea.
I beg to differ.
This type of bar is not new, on the contrary there have been quite a few bars with this pricing concept operating at a profit and being successful .
As long as you can get the drinks at the price you want and not end up missing the opportunity due to the bar being busy and not enough bar staff. Time will tell I suppose.
Great idea seen it work successfully in other places
I don't think you will be in there all the time Lucy because I don't think it will last.
Talk about making things complicated
Dynamic pricing - just like oasis tickets !!!
That is really funny.
Rigged just like the stock market. House always wins
Sounds a ridiculous idea especially if you got a tab I won’t be using it
Who's the person next to him? Is she on mute?
They have a bar like this in Berlin, probably where they have got the idea from. Can’t see it happening in Beni tbh.
Wtf lol 😂 sounds very complicated I wouldn’t want to work there imagine the confusion and the pissed people lol 😂
Dynamic pricing is on the increase but this sounds ludicrous and unsustainable.
a stupid idea.
Doomed to fall. I genuinely wish them good luck, however it'll not last 12 months. At one minute my beer is 3 euro and then half an hour later it's 4 euro? No thanks
Carnt stand the place .
Sounds awful, good luck though.
Sorry Lucy how can you relax in that situation, it may look fab but I think quite stressful
Can't see this working people will leave if their drink go up nobody sits all alday in the same bar for ot to go down
If you sat there a while paying a set price spent decent money a group walks in buys drinks pushed your price up they will walk out
Buy a pint for 2.50. five minutes later it drops to 1.90. .how to piss somebody off. A bar where some win and some lose. A certain failure.
Yes, they will need to be careful not to annoy customers. But I wonder if they might introduce people to new drinks. I might visit this bar to watch the F1 or a couple of hours cricket, probably drinking a few pints as I do. Maybe the bar staff will then call out that cocktails are at half price. That might just tempt me to try one. So, the bar staff really going to have keep a close eye on whats going on in the pub.
Millers, if Universal Credit did bars
People that unfortunately don't really know benidorm.
I'm not sure how it works
Be shut in no time...sorry 🙈
Don’t you have to live there 2 years before you can earn?
Brett and Andrea have lived in Spain for years, they've had several business in Spain 👍
Who wants to know Benidorm nothing Spanish about the place made by the brits for the brits pie mash fish chips yuk 😂