Lucky Garden Review, Woburn MA
I was being really lazy today and went out to lunch. I felt like crappy horrible for you chinese food and stopped by a local place I'd never tried before. I looked through the menu decided what to have - then when I went to place my order - there was a note that said $10 minimum credit card order. WTF? I looked at the cashier and was like "sorry man, I don't have cash, I need to go somewhere else." The guy turns to me and is like "how about buying something else?" I was like, ummm I don't want more than a $5 lunch. I don't need two.
The guy started babbeling about how "just this once" he would allow the transaction. Then he starts on a tirate about how expensive each credit card transaction was. That it was the same price if someone bought a two dollar item vs. a whole meal etc etc. I started getting angry. 99% of places don't have a minimum and/or just charge you more as the transaction cost is part of the cost of doing business. I ask him "why don't you just charge 0.25 more per item on the menu, and roll it all in. Because, I'll be honest, I won't be back with a $10 minimum transaction order. I don't carry cash."
Instead of thinking about what I was saying, "Charge me more and I won't notice - and I might come back" - he starts talking about how expensive it is for these transactions and how it's a scam and debit transactions are more expensive and on and on and on.
This is why I hate doing business with some people. They're so stupid they want life to be fair. But what they think is fair only considers their own wants and needs and not the market as a whole. Why would Visa and/or Mastercard offer their services for free? Why wouldn't you just pass the cost off to the customer? Why are you trying to compete on price? If you had a better product - you wouldn't be concerned about margin - because better products are worth more and therefore you can make a wider margin and more profit on them.
IE if you had better food, you could charge more, roll in the transaction fee, and I would happily pay twice as much for it if it was that good. You would not need to spent 50% more to make food worth that much. My suggestion, build a better product, and you'll make more money. Stop being stupid.
The guy started babbeling about how "just this once" he would allow the transaction. Then he starts on a tirate about how expensive each credit card transaction was. That it was the same price if someone bought a two dollar item vs. a whole meal etc etc. I started getting angry. 99% of places don't have a minimum and/or just charge you more as the transaction cost is part of the cost of doing business. I ask him "why don't you just charge 0.25 more per item on the menu, and roll it all in. Because, I'll be honest, I won't be back with a $10 minimum transaction order. I don't carry cash."
Instead of thinking about what I was saying, "Charge me more and I won't notice - and I might come back" - he starts talking about how expensive it is for these transactions and how it's a scam and debit transactions are more expensive and on and on and on.
This is why I hate doing business with some people. They're so stupid they want life to be fair. But what they think is fair only considers their own wants and needs and not the market as a whole. Why would Visa and/or Mastercard offer their services for free? Why wouldn't you just pass the cost off to the customer? Why are you trying to compete on price? If you had a better product - you wouldn't be concerned about margin - because better products are worth more and therefore you can make a wider margin and more profit on them.
IE if you had better food, you could charge more, roll in the transaction fee, and I would happily pay twice as much for it if it was that good. You would not need to spent 50% more to make food worth that much. My suggestion, build a better product, and you'll make more money. Stop being stupid.
Comments
There's one loophole. They can advertise the higher price and then allow a specific "cash only" discount but i guess its all in the marketing at that point.