How Do You Spell BAR SHARE?
Pronunciation: [bˈɑː ʃˈe͡ə] (IPA) 
Pronunciation: [bˈɑː ʃˈe͡ə] (IPA)
Bar share refers to the portion or percentage of profits obtained from the sale of alcoholic beverages at a bar or drinking establishment. It is a common practice in the hospitality industry where the bar owner or operator may reach an agreement with a supplier or distributor to share a portion of the revenue generated from the sale of specific brands or products.
Typically, a bar share arrangement is established between the bar owner and a supplier or distributor of alcoholic beverages. The supplier may provide the bar with certain brands or products at a discounted or wholesale price, in exchange for a percentage share of the sales made. This agreement allows the supplier to secure a prominent place for their brands in the bar, as well as benefit from increased exposure and marketing opportunities.
The bar share percentage can vary depending on the specific agreement reached between the parties involved and factors such as the popularity and demand for particular products. It is usually an ongoing agreement with periodic reviews to ensure that the terms of the arrangement remain fair and beneficial for both parties.
Bar share arrangements can be mutually beneficial as they allow suppliers to promote their brands effectively while providing the bar owner with access to quality products at reduced prices. Ultimately, the success of a bar share arrangement hinges on the careful negotiation and maintenance of a fair and profitable agreement that satisfies both the supplier and the bar owner.
