A couple concerns about how this platform works - Gigino At Wagner Park New York - Buy Reservations
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A couple concerns about how this platform works
By 👻 @DeliberateMinute61, 01/20/2022 6:47 pm
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It's fine if the sellers are just individuals that can't use the reservation. But just curious: 1. What's preventing people from creating lots of email accounts and write a script to book all the reservations FOR FREE then resale it here? 2. Since restaurants can be partners, can they benefit from the bidding? If so wouldn't this just be ridiculous? So a restaurant can sell reservations just like selling a ticket? And customers not only need to pay for the reservation also need to pay for the meal?
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Answer from 🥷🏻 @ColorfulRod45 (01/20/2022 8:22 pm)
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Hey @DelibarateMinute61, thank you very much for the post - I appreciate the questions! 1.) Here is quote from the seller page: ....AppointmentTrader will review your listing before publishing it to the Marketplace, anonymously. We take scalping seriously and monitor user profile history and will reject reservations and appointments that appear to have been created for the sole purpose of reselling them.... 2.) A restaurant (or any other vertical listed on AT) can benefit from trades that happen at their location, in regards of reselling their own reservations: Restaurants are most incentivized by filling their restaurants and seldom want to hinder customers on coming in. In extreme cases when restaurants are so overbooked that there is ALWAYS a queue such as The French Laundry, Atomix or 11Madison in NYC, they end up using a service called explore tock which makes customers PREPAY the entire meal, which I believe is a worse option for customers. I can see these type of restaurants thinking about just selling reservations instead of actually charging customers ahead of time as customers do not love that concept.
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By 👻 @ElevatedMoon29 (09/19/2022 1:38 pm)
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Answer from 👻 @HandsomeCollar14 (06/28/2022 2:41 pm)
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I think you've asked the $1 million question
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Answer from 👻 @HandsomeCollar14 (06/28/2022 2:42 pm)
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I think you've asked the $1 million question
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