Remove increase-menu-prices-without-losing-sales
article thumbnail

Menu Redesign Avoids Confusion and Promotes Optimization

Modern Restaurant Management

To reduce menu confusion and minimize price sensitivity, Ori’Zaba’s Scratch Mexican Grill recently rolled-out a rengineered and easier-to-read menu. The Ori’Zaba team told Modern Restaurant Management (MRM) magazine they watched people walk in and have a physical reaction to the three pricing tiers.

Menu 176
article thumbnail

Restaurant Revenue Management: 3 Killer Strategies to Boost Sales

7 Shifts

Or, perhaps your restaurant's thriving, and you're searching for a few strategies to help boost sales. Read on to learn about what exactly restaurant revenue management is and the revenue management strategies you can implement to boost sales. But how do restaurants increase revenue? Engineer your menu for sales and profits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Is There a Right Way to Raise Prices?

Modern Restaurant Management

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. As food prices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.

Pricing 191
article thumbnail

How Restaurant Operators Can Harness the Power of POS Data Analytics

Modern Restaurant Management

In today's data-centric era, it is imperative that restaurant operators invest in a state-of-the-art POS system that offers customizable reports on crucial KPIs such as sales trends, labor expenses and guest feedback. POS systems can scrutinize sales metrics to fine-tune staffing schedules.

POS 117
article thumbnail

Menu Engineering: The Science of Optimizing Your Menu to Maximize Profit

7 Shifts

Menu engineering: while the name might suggest you need to go to college at MIT to be good at it, is actually a common and essential task that all restaurateurs should regularly undertake. Menu engineering can be simplified as the steps taken to increase the profitability of a restaurant menu. Menu Pricing and 2.

Menu 279
article thumbnail

Who’s Winning Chicken War 2.0? How Generations, Regions, and Households Pick Their Favorites

Modern Restaurant Management

But does pricing play a role? Whether from the East, West, or in between, respondents were birds of a feather when it came to price – most would tolerate price increases of up to 20 percent from the top two favorites before even considering switching brands. Both – with a smattering of price.

Pricing 114
article thumbnail

How Gift Cards Can Help Restaurants Cope with Inflation

Modern Restaurant Management

Inflation is also causing direct strain on the economy, impacting all decisions made in restaurants: choice of menu items, cost vs profit of each menu item, service hours, number of employees per shift, etc. One of the most rewarding benefits of a gift card program for restaurants is the ability to boost overall sales.