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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

Key findings from the report include: Direct online ordering booms as restaurants recognize the need to bypass third-party marketplaces : Average monthly online order volume grew 250x since the COVID-19 pandemic began, with $59.18 spent per order, on average, across restaurant websites. Driving Demand for Alcohol.

2020 211
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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

Limited-service restaurants (those in quick service and fast casual) had a sharp acceleration in their guest check growth, as consumers likely shifted to larger off-premise orders to feed multiple people at home. Easy online ordering – Easy online ordering was nearly tied for second.

2020 196
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Entering China’s Emerging Coffee Market

Perfect Daily Grind

million tons of tea in 2018, and currently accounts for almost 40% of the world’s total tea consumption. Between 2017 and 2018 their revenue almost doubled, and it’s estimated that a new Starbucks store opens every 15 hours in the country. Fresh tea leaves are harvested and collected in a basket. China’s Relationship With Coffee.

Marketing 138
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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

A new survey from Oracle Food and Beverage found that 60 percent of respondents plan to stay at home during the holidays, and 42 percent are considering ordering their holiday meals from a local restaurant. When it came to ordering take-out, Gen Z led with 28 percent. 22 percent of customers are looking to buy restaurant merchandise.

2020 167
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Why Opening A Takeaway Restaurant In India Is Easier Now

The Restaurant Times

Since 2018, the takeaway business in India has grown by approximately 17% every four months. And although this can be a headache, most of it now can be done online so that takeaway restaurant owners can focus on crafting exquisite dishes. During the lockdown, most businesses were short-handed and had to migrate their operations online.

License 52
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Coffee News Recap, 27 Jan: Proud Mary Coffee to sell Panamanian Gesha for US $150 per cup, PRF El Salvador to host 2023 Salvadoran Barista Championship & other stories

Perfect Daily Grind

The merchandise pack includes a customised denim jacket with pin set, a cupping bowl, a Brewista electric gooseneck kettle, and a Brewista Smart Scale II. Customers are able to place orders using an app at the two-lane coffee drive-thru concept. World AeroPress Championship releases limited-edition 2022 season Merch Mega-Pack.

2023 112
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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. In 2018, Wendy’s saw a profit margin of 15.9%. Use purchase orders. If they can't offer a straight discount (supplier margins are often razor thin as well, with little room to play for many), consider restructuring your order to optimize costs.