Concessions

Any person that has gone to a game or concert at a stadium will understand the appeal of concession stands, stands that sell food and drink at stadium events. The reality is, people eat, and delicious smells wafting from said stands rarely fail to attract hungry fans. Concessionaires, or the operators or owners of specific stands, use this fact to up prices in order to generate greater revenue. The food and prices at concession stands contribute to the game-day experience, or what a fan at a game experiences. Concession pricing is how stadium owners manage concession prices, and price is the amount they charge for specific items. The cost is how much the item costs the concessionaire, including the price to pay concession workers, and the profit margin is the price minus the cost. Inventory is the supplies a concession stand has at any time, and ordering is what owners must to in order to ensure that a stand always has the supplies it needs, which they purchase from food suppliers or wholesalers .