Beer Market
As featured in: Today Weekend, Business Times, 8 Days, I-S Mag, i-Weekly, Chic Mag, Clef Music , The Finder’s Insider Guide to Clarke Quay, HYPE and inSing
You can download our Beer Market Press Release and Beer Market Food Menu here
INTRODUCTION
Buy Low Drink High
Inspired by the dynamics of the stock exchange, Beer Market is the perfect blend of food, music and sports whereby drinks prices move according to demand, creating an exciting atmosphere and interactive experience. Get ready for market crashes and bull runs.
Food + Music + Sports
Enjoy a wide selection of the most popular beer locally and worldwide.
Indulge in gastronomy delights from around the world.
Savor the music of local popular bands.
Get your daily doses of adrenaline with our darts, pool and sports TV.
Stock Market Theme
Originating in Barcelona, the stock-market concept caught on fast in Europe, and later, other parts of the world. Beer Market is the first and presently, only bar in Singapore based on this concept. With the POS linked to our in-house system, affectionately known as the ‘Beer Market Exchange’, prices are updated every half an hour and displayed on screens all around the bar. Price changes are influenced by trend and consumer demand, providing a new, interactive experience while drinking.
Beer Market Exchange
FAQ
How does the Beer Market Exchange works?
Prices of beer change every 30 minutes interval and are determined solely by demand. When someone buys a particular brand of beer, the price of that beer will go up when the countdown clock hits 30 minutes. However, if the beer was not sold during the previous half hour, the price of that beer goes down.
How much is the price increase?
Each bottle of beer sold will result in a unit increase in price. Therefore the more bottles sold, the higher the price increases. Example: One Heineken bottle is set to have in an increase in price of $0.50 if sold. If ten bottles of Heineken were sold during the period of half hour, the price increase will be $5.00
How does the Beer Market Exchange determine the number of beer sold?
The Beer Market Exchange is connected to the Point of Sale (POS) system. When an order is keyed into the POS, it sends the information to the Beer Market Exchange which then calculates the new price of the beer when the 30 minutes period finishes. Likewise, when no orders are taken for a beer, the Beer Market Exchange automatically reduces the price when the countdown clock hits 30 minutes.
Why are the prices in Red and Green?
Prices in Red indicate that nobody has bought the particular brand of beer during the last period and hence the price goes down.
Prices in Green indicate that the particular brand was sold during the last period and hence the price has increased.