Squirrel Systems

MARCH 3, 2024

In today’s competitive dining industry, maintaining profitability while keeping prices stable is a significant challenge for restaurateurs. High operating costs, fluctuating commodity prices, and the ever-evolving preferences of guests can all squeeze margins.

Pricing 52

Pricing Loyalty Program Waste Social Media 52

Culinary Cues

APRIL 22, 2024

Shrinkflation” is a descriptor for reducing the size of packaged goods while either keeping selling prices where they were or raising prices while portions are being reduced. Grocery stores try to eliminate cashier positions (yes, I know how hard it is to find help) and opt for self-check-out but do so without lowering prices.

Consumer Goods 284

Consumer Goods Pricing Customer Experience Hospitality 284

Culinary Cues

JANUARY 20, 2024

There’s a reactionary movement that I keep seeing in restaurants; a movement that assumes the answer to the restaurant bottom line is to take more and give less or give too much to justify raising prices. A menu should thus be designed and priced to make those items seem essential.

Fine Dining 389

Fine Dining Food Truck Back of House Pricing 389

Modern Restaurant Management

FEBRUARY 14, 2024

Charging guests for booking a reservation that they don’t show up for is becoming more popular. Let’s start with the reservation charge. For now, I have recommended to my clients to only utilize the reservation charge during holidays (Mother’s Day, Christmas, New Years, Easter, etc.).

Reservations 186

Reservations 2024 Fine Dining Pricing 186

Touch Bistro

JULY 9, 2021

Restaurant reservation systems have become essential to running a successful restaurant. Restaurant reservation systems are specifically designed to help to automate the tedious process of taking and managing bookings. However, not all restaurant reservation systems are created equal. TouchBistro Reservations. Weaknesses.

Reservations 52

Reservations 2021 Website Management POS 52

7 Shifts

FEBRUARY 8, 2024

With the right tech tools, managers can ease their workloads, employees enjoy a much smoother scheduling process, and guests benefit in countless ways — from mobile ordering to digital menus to better ways of making and managing reservations. It's arguably the go-to platform for diners looking to make a reservation. Learn more 7.

Operations 367

Operations Management Management Mobile Ordering 367

7 Shifts

FEBRUARY 8, 2024

With the right tech tools, managers can ease their workloads, employees enjoy a much smoother scheduling process, and guests benefit in countless ways — from mobile ordering to digital menus to better ways of making and managing reservations. It's arguably the go-to platform for diners looking to make a reservation. Learn more 7.

Operations 353

Operations Management Management Mobile Ordering 353

The Restaurant Times

FEBRUARY 7, 2023

Menu pricing is one of the most underestimated aspects of restaurant management. If your customers don’t think the prices on your menu are reasonable, how great your concept or your food is won’t matter much. This is where the concept of dynamic pricing comes in to help restaurants! What Is Dynamic Menu Pricing?

Pricing 52

Pricing Menu Seasonal Menu Point of Sale 52

Cheetah

SEPTEMBER 23, 2020

Restaurant reservation systems help solve one of the biggest challenges of the foodservice industry – managing the constant influx of reservations and customers. In this article, we compare 4 of the best reservation systems out there to help you make the right choice for your restaurant. Reading Time: 5 minutes.

Reservations 78

Reservations Website Management Online Ordering Mobile Ordering 78

Modern Restaurant Management

MARCH 21, 2024

As we head into 2024, all eyes are on the Federal Reserve as interest rates hold the key to employment and the consumer spending fueling the small business economy. In all, we expect 2024 to be a better year for business than 2023 as the Federal Reserve executes the soft landing it has been seeking since this tightening cycle began.

2024 178

2024 2023 Small Business Food Truck 178

Lavu

JANUARY 31, 2020

Dining out is no exception; customers are seeking restaurants that integrate the latest reservation technology. It’s no secret that the day-to-day activities are moving at a fast pace, and the ease of online reservation tech is seductive to the modern customer. . Across the board, you’ll find the same industry-standard features: .

Reservations 78

Reservations Loyalty Program Front of House Social Media 78

7 Shifts

DECEMBER 18, 2023

You’ll get detailed daily reports on price changes and even price forecasting. You can then use this information to adjust your menu, make purchasing decisions, or change your pricing. Reservation tracking If your restaurant accepts reservations, you’ll need a tracking tool to manage them.

Management 195

Management Management Email Marketing Point of Sale 195

Cheetah

SEPTEMBER 23, 2020

Restaurant reservation systems help solve one of the biggest challenges of the foodservice industry – managing the constant influx of reservations and customers. In this article, we compare 4 of the best reservation systems out there to help you make the right choice for your restaurant. Reading Time: 5 minutes.

Reservations 78

Reservations Website Management Online Ordering Mobile Ordering 78

Perfect Daily Grind

APRIL 8, 2022

Employees at the New York City Reserve Roastery voted 46-36 in favour of forming a union. Fairtrade International announces new Living Income Reference Price for Indonesian coffee producers. The Living Income Reference Price is offered as guidance for companies wanting to pay living wage incomes in their supply chains.

Pricing 119

Pricing 2022 2021 Recycling 119

Culinary Cues

AUGUST 21, 2023

Food was only surpassed by the breadth of wine lists and depth of distilled beverages, high priced art on the walls, enormously expensive glassware, Italian bone china plates, and custom sterling flatware. The entire experience was elevated and so were prices.

Back of House 390

Back of House Food Supply Government Dine-in 390

OpenTable

APRIL 23, 2020

OpenTable’s software has always enabled restaurants to connect with diners to manage reservations, prepare for shifts, and maximize table availability. Locations that have never taken reservations may find themselves looking for ways to manage capacity. Second, big price cuts for 2020. … Read more.

Pricing 105

Pricing 2020 Guest Recovery Reservations 105

Culinary Cues

MARCH 26, 2022

Again, turn to the National Restaurant Association for guidance. [] PRICING YOUR MENU BY COMPARISON. More often than not – the success of your restaurant begins with effective menu planning, proper pricing, and consistent execution. Every business requires controls in pricing, consistency, quality, and cash handling.

Cash Management 366

Cash Management Social Media Restaurant Law Communication 366

SpotOn

MAY 13, 2024

This fine-dining restaurant located in Charlotte, North Carolina, incorporated their 20-person patio into their reservation system , resulting in a 40% increase in dinner reservations, a 25% boost in annual revenue, and 7 hours of weekly time saved. Set up an online reservation system to handle more customers smoothly.

Seasonal Menu 98

Seasonal Menu Outdoor Email Marketing Loyalty Program 98

Modern Restaurant Management

JANUARY 22, 2024

It’s critical to provide a seamless eating experience, which includes simple payment choices and online reservations. Use technology, reservation platforms, and customer reviews to ensure that everyone is in constant communication and that problems are resolved quickly. People want service that is quick, easy, and hassle-free.

Loyalty Program 157

Loyalty Program Dietary Restrictions Mobile Ordering Social Media 157

Culinary Cues

DECEMBER 11, 2023

The conversation evolved around local news and gossip, and alcoholic beverages were reserved for bars scattered throughout the community. Surely, I thought, a successful restaurant is built on food quality, efficient service, and fair pricing. Ah, but the food and conversation were consistently good, plentiful, and in-expensive.

White Paper 319

White Paper Hospitality Fine Dining Reference 319

Apicbase

JUNE 2, 2022

But… there’s another side to the restaurant profitability equation — menu pricing. What is menu pricing? Menu pricing is the process of assigning a sales price to your menu items. Unfortunately, in its strive for efficiency and leanness, the restaurant industry is still sleeping on data-driven menu pricing.

Pricing 52

Pricing Menu Operations Demo 52

Social Hospitality

MARCH 27, 2020

It’s also wise to implement a strong reservation abandonment strategy that allows you to recover most of the direct bookings. . This is one way to promote perks and encourage future reservations. . Maybe you already provide them with free rooms or a discounted price, but you can go above and beyond to thank them.

Hospitality 454

Hospitality Marketing Travel Hotels 454

Social Hospitality

AUGUST 11, 2023

Implementing local SEO strategies can lead to more reservations. A well-optimized website attracts more visitors and encourages them to explore the menu, make online reservations, or even order food directly through an integrated system. You want to buy shoes but there are two stores that sell identical shoes at the same price point.

SEO 195

SEO Social Media Reservations Online Ordering 195

Culinary Cues

APRIL 16, 2022

Whether it is a constantly evolving menu or a robust “features” component, part of reaching and maintaining success is to offer a bit of excitement and surprise each time a guest makes a reservation. The real experience of dining begins when a potential guest makes a decision to call for a reservation.

Hotels 370

Hotels Presentation Reservations Social Media 370

The Eat Restaurant

OCTOBER 24, 2023

Digital reservation management systems like Tableo and Eat App alternatives help restaurants run efficiently, take online reservations, and manage tables. Simplicity is key for restaurant customers when booking and dining. Not having one could result in losing customers and overstaffing.

Reservations 78

Reservations Book Dine-in Pricing 78

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully.

Inventory 195

Inventory Bar Management Management 195

The Restaurant Group

SEPTEMBER 21, 2019

. Menu Pricing: Getting the Food and Drinks Pricing Right: The Difference Between Succeeding and Going Under. . Yes, having good quality food and drinks is the key to success, but so is the pricing. Always Be On the Lookout for Better Prices. Have an Idea of the Formula Commonly Used to Calculate Prices.

Pricing 60

Pricing Menu Food Education 60

Culinary Cues

APRIL 18, 2023

In all cases the expectation is at the very least – acceptable food quality, and in some cases the expectation is extraordinary food (price has much to do with expectations). Value goes way beyond price, it must include memories, excitement, personal attention, hospitality, education, and a generous dose of WOW!

Food Truck 319

Food Truck Back of House Education Training 319

Modern Restaurant Management

FEBRUARY 3, 2022

Inventory and Menu Management : Though 47 percent of operators say that all or most of their suppliers increased prices during the pandemic, two-thirds of restaurants maintained or increased their menu offerings. Reservations : Most operators are taking a hybrid approach to reservations.

Loyalty Program 187

Loyalty Program Online Ordering Cash Management Point of Sale 187

Open for Business

MAY 16, 2024

Clearly communicating these details can improve reservation volume and foot traffic. Integrate reservation and ordering systems Streamline your customer experience by connecting your reservation management systems and any other third-party ordering platforms you use for takeout/delivery. A seamless reservation process.

Website Management 78

Website Management Email Marketing SEO Seasonal Menu 78

Modern Restaurant Management

DECEMBER 27, 2023

Where Automation Can Help For instance, automated reservation systems and AI-driven customer analytics are enabling restaurants to provide more personalized service, while robotic kitchen assistants are undertaking repetitive cooking tasks, freeing staff to focus on the creative and interpersonal aspects that elevate the dining experience.

2024 197

2024 Food Supply Kitchen Safety Influencer 197

Modern Restaurant Management

JANUARY 31, 2024

Inventory : Generally, when food costs go up, operators will raise their menu prices by a small amount. But what we’ve found is that operators have been leaning on menu price hikes to cover their expenses for more than two years now, and they’ve finally reached the limits of what consumers are willing to pay.

2024 199

2024 Online Ordering Website Management 2023 199

Modern Restaurant Management

OCTOBER 20, 2023

2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. But, according to the same report, about 40 percent of consumers agree that with rising grocery store prices, it’s not necessarily cheaper to eat at home.

Marketing 193

Marketing Loyalty Program Email Marketing Coupons 193

EATER

NOVEMBER 1, 2023

I’ve been guilty of this very thing, having gravitated far more toward so-called “grower Champagnes,” humbler bottlings (in production scale, not necessarily price) in which the wines are produced by the estate that grows the grapes. These house Champagnes represent a broad range of prices, each one readily available in the U.S.

Back of House 86

Back of House Reservations Vineyard Consumer Goods 86

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology. Most restaurants try to keep it at around 30% to be safe.

Point of Sale 222

Point of Sale Seasonal Menu Food Supply Cash Management 222

EATER

APRIL 6, 2023

After weeks of feverish speculation, the city scored just eight one-star restaurants and 12 Bib Gourmands (the guide’s “great food at a great price” category), with 40 others on the recommended list. Two of Vancouver’s newly crowned one-star chefs agree: As they see it, the price hikes are enabled — but not caused by — the guide.

Fine Dining 97

Fine Dining Reservations Pricing Cash Management 97