Modern Restaurant Management
MAY 17, 2023
Born between 1997 and 2012, Generation Z is a demographic known for being tech-savvy and socially conscious. Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees. Here are the biggest takeaways for how restaurants can engage with Gen Z in ways that create a competitive advantage.
Modern Restaurant Management
OCTOBER 12, 2023
To help recoup the cost of accepting cards, some restaurants are raising the prices of menu items, and others (where permitted by state law and merchant services agreement) are adding a credit card surcharge to bills. According to the Wall Street Journal , the dollar amount of interchange fees more than doubled from 2012 to 2019, and U.S.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Perfect Daily Grind
SEPTEMBER 15, 2022
What’s more, despite the current high C price , the coffee market has historically been volatile. As recently as 2018, the market price fluctuated around US $1/lb – undoubtedly leading many smallholders into further poverty. The two price models work differently. This protects farmers from negative market fluctuations.
Modern Restaurant Management
AUGUST 20, 2020
According to a 2012 review from Mayo Clinic , most studies found paper towels are more effective at drying hands, removing bacteria and causing less contamination than electric dryers. Not to mention, the price might be a bit steep as well. You might be wondering why electric hand dryers were left off the list.
Perfect Daily Grind
MAY 25, 2022
As specialty coffee is marketed as a more premium product, roasters tend to pay above minimum prices. In many specialty coffee shops, this naturally leads to consumers paying higher prices per cup or bag of coffee. Among many, these included certified carbon-neutral or negative coffees and higher prices paid to farmers.
Modern Restaurant Management
FEBRUARY 18, 2020
Born between 1995-2012, they range from seven to 24 years of age. " Food-related brands are some of the most competitive and innovative social media accounts vying for Gen Z attention and their fast food dollars, and of course, they’re dominated by big brands that offer value at lower price points.
Lavu
OCTOBER 23, 2019
The pairing of Lavu’s and Sourcery’s technology platforms will help reduce friction with the vendor at every step and allow for deeper analysis of vendors and pricing. It also provides an application that streamlines ordering, price comparison, and payment processes. Sourcery was founded in 2012 by Na’ama Moran and Peretz Partensky.
Expert insights. Personalized for you.
189 
Let's personalize your content