Primanti Bros. Restaurant and Bar launched the ultimate subscription program for pizza lovers, Slice Squad, which provides members access to a slice a day for $9.99 a month.
Adam Golomb, Chief Executive Officer and Slice Squad founding member, said "The world seems to be getting more expensive, so we figured it was time to offer a crazy deal." If purchased daily, the slices, available for $1.99 would cost $61.69 for a month; Slice Squad offers those same slices for just $9.99.
To help consumers combat rising inflation rates, all sorts of brands, restaurants and grocery stores are reducing their prices to show consumers that they too value affordability and accessibility. These deals help to simplify meal decisions and simultaneously retain loyal customers.
Pizza Slice Subscriptions
Slice Squad Offers a Slice of Pizza a Day for $9.99 Monthly
Trend Themes
1. Affordable Subscription Models - Brands are offering affordable subscription models to retain loyal customer base and to provide access to daily services at minimal cost.
2. Price Reductions - Restaurants and grocery stores are reducing menu prices and offerings to combat rising inflation rates while also ensuring affordability.
3. Convenience-based Services - Services like Slice Squad provide ultimate convenience to users through daily, minimal-cost subscriptions, and are disrupting traditional food industry business models.
Industry Implications
1. Food Industry - The food industry is adapting to a changing economy by offering affordable subscription models and price reductions to attract customers.
2. Retail Industry - Retail industry providers are competing to provide convenience-based services to users by offering daily subscriptions and affordable pricing.
3. E-commerce Industry - The trend of subscription models is impacting the e-commerce industry which is also offering affordable pricing and daily services to retain customers.