3 Paniers grocery store in Montreal implements three-tier pricing model for affordability and social mission support.
3 Paniers, an independent grocery store in Montreal, is testing a pricing model with three different tiers: "Solidarity Price" with reduced profit margins, "Suggested Price" for financial health, and "Pay-it-Forward Price" that subsidizes the Solidarity Price. The aim is to make groceries more affordable for those on tight budgets and support the store's broader social mission. Despite facing challenges and limited long-term success of similar initiatives, the idea of encouraging altruism among consumers and supporting those in need through grocery shopping continues to be explored.
August 11, 2024
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