A Florida Restaurant, the Old Homestead Steak House, is now selling burgers for $100. This is the third luxury burger we've featured, proving that expensive burgers are taking off. Earlier this year, we featured a $5000 Hamburger at the Mandalay Bay in Las Vegas. Last week, we featured that several high class chefs have also been turning to burgers. I'm hungry.
Implications - Consumers are willing to spend disposable income if it means they are able to participate in an exclusive experience. Corporations wishing for a new source of revenue may consider offering consumers unconventional and highly exclusive services.