At a fancy steak house, what is my $60-$100+ per steak paying for?

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Quality meat? Quality cooking? Staff and other overhead costs? Etc.

In: Economics

44 Answers

Anonymous 0 Comments

Agreeable consistency.

A stable and consistent experience has not been mentioned yet. One of the huge advantages steakhouses have in the USA is that you can expect a level of service and quality that is of a known variable. It’s not a bold choice. As long as your clients eat beef or fish you will feed them a decent meal and alcohol in a controlled environment.

Trendy steakhouse? Overall the same atmosphere on a Tuesday as the other steakhouses around. Maybe a couple wild menu items your great grandparents wouldn’t approve of until they tried it and realized it wasn’t so wild and is still a safe bet.

I HATE STEAKHOUSES. Please quit taking me to steakhouses. Take me somewhere with alcohol and AMAZING, UNIQUE food if we are expensing it.

If I wanted a steak, I’m grilling it blue to rare and eating it over a trash can like a wild animal.. and my sport coats are fitting a little tight this year.

Steakhouses remind me of corporate Christmas parties, sales, and a lack of inspiration. They represent every time my girlfriend says “she is okay going anywhere” or “I don’t know what I want”. It’s an agreeable choice. It’s where my SO doesn’t want to go either and if she goes, she is eating fish or seafood… but no one will complain about the experience or the service, because it will be agreeable.

*- An ungrateful client that’s been fed too many $25-35 a la carte sides and $45 bourbons.*

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