🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Amanat Prakash

Building xces • 26d

I just study about how consumer reviews can quietly reveal major economic patterns. 🧠📉 While browsing restaurant reviews from different cities, I noticed something interesting: In some places, people mostly talk about taste, ambiance, or service. But in others, there's a heavy focus on pricing — how expensive or affordable the food is. That got me thinking: Can we measure a city's price sensitivity through its restaurant reviews? This led me to define a concept I'm calling: 🔍 Review-Based Price Salience Index (RPSI) A qualitative indicator that reflects how often price is mentioned in user reviews — helping us understand how deeply pricing affects consumer behavior in a given city or market. In simpler words: The more people talk about prices in reviews, the more sensitive that market might be to food costs. I'm curious — has anyone explored this area through data or research? Would love to hear thoughts or collaborate on building this into something more formal!

Recommendations from Medial

gray man

I'm just a normal gu... • 1m

College doesn't teach: – How to talk to a client – How to price a service – How to actually make money But entrepreneurship will teach you quick.

VISHAL SEO

Founder of Find Infl... • 7m

How Does the Influencer Price Calculator Work? Using the Influencer Price Calculator is easy: Enter your Instagram or YouTube profile details. The calculator analyzes your profile metrics, such as followers and engagement rate. Get a customized pric

Amanat Prakash

Building xces • 3m

What is Menu to Platform Price Difference? It refers to the gap between the actual in-restaurant menu price of an item and the price listed on a food delivery platform like Swiggy, Zomato, etc. Why does this difference exist? 1. High Commission F

4 Replies

Harshita

Startup Enthusiast • 6m

Guys, I read in reviews about ola that She booked the ride at a certain price but after reaching the destination, price increased and she had to pay more...while it was not mentioned at starting.. Can someone confirm if it is true or not?

25 Replies

Aadi Karani

Learning is key to s... • 1y

Come-on guys let's learn about the PRICING today ! Price of a product is the amount which a buyer is willing to pay & seller is willing to charge/sell for the product. Price of the product may also determine the success of the product at some exten

14 Replies

Rishi Chavan

Inquisitive • 6m

How often do you guys visit a restaurant?

Can't cook, so Daily

Most of the times

Occasionally to meet ppl

Swiggy Zomato Balle Balle

Votes: 9

Shuvodip Ray
•

YouTube • 12m

How do we determine the value of a product or service when setting prices, and what factors should be considered in deciding pricing strategies?

4 Replies

Aarihant Aaryan

Prev- Founder & CEO ... • 9m

There's a huge difference In mindset Between consumer tech founders in the USA and India. When I talk to consumer tech founders from the west, they consistently impress on "how they can make their product grow organically" But in India most found

9 Replies

Shivam Rishi

Entrepreneur • 1m

💡 Quick tip Make sure to adjust your pricing for different continents. Buying power and user mindset vary a lot across regions. A price that works in the US might scare off users elsewhere. Smart pricing = better conversions.