Modern Restaurant Management

MAY 30, 2023

Our recent survey on restaurant apps, loyalty and dining choices gave us insight into what your customers think. When survey respondents were asked if they have more apps now than in 2022, 38 percent of those visiting restaurants frequently reported an increase, compared to 26 percent of all respondents.

Pricing 88

Pricing Loyalty Program Social Media 2023 88

Modern Restaurant Management

FEBRUARY 5, 2024

In this edition of MRM Research Roundup, we feature pizza predictions, Valentine's Day menu trends and lots about loyalty. Consumers Love Loyal Eighty-five percent of consumers are joining loyalty programs, and restaurant merchants know they need to capitalize. According to the 21st Annual U.S.

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2024 Loyalty Program Food Order 2030 196

Modern Restaurant Management

DECEMBER 16, 2021

We expect restaurants to place more emphasis on these things given increased competition in the space as operators aim to increase brand loyalty both internally and externally. Tight menus, for set prices, at times offering previously unapproachable product at approachable prices. Smaller menus in general. Anything plant based!

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2022 Food Supply Back of House Kitchen Safety 180

Modern Restaurant Management

MAY 17, 2023

Create a Strong Online Presence While platforms like Instagram and TikTok can generate buzz for a restaurant, many Gen Z customers are still looking to traditional platforms like Yelp and Google Maps when choosing a restaurant to visit; therefore, marketing strategies should focus on creating a strong online presence for the overall brand.

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Loyalty Program Mobile Ordering Social Media Customer Experience 189

Modern Restaurant Management

FEBRUARY 17, 2023

Restaurant operators have scrambled to launch loyalty programs and subscription services in recent years – capitalizing on new technology to keep that “old” customer, often 16x more valuable than a new one. Developing concise marketing messages. What about the rest of the market? Hint: rewards help.

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Loyalty Program Mobile Ordering Customer Service 2022 188

Modern Restaurant Management

MAY 30, 2023

Our recent survey on restaurant apps, loyalty and dining choices gave us insight into what your customers think. When survey respondents were asked if they have more apps now than in 2022, 38 percent of those visiting restaurants frequently reported an increase, compared to 26 percent of all respondents.

Loyalty Program 197

Loyalty Program Social Media 2023 Download 197

Modern Restaurant Management

MAY 9, 2022

In our April 2022 monthly industry impact report, QSR sales in the US are flat at 0.2 percent in Q1 2022 compared to the same quarter last year. And as we examine Q1 2022, we see that QSR performance continues to lag. In March 2022, traffic was down -8.5 percent in the first three months of 2022.

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2022 Loyalty Program Point of Sale 2021 189

Modern Restaurant Management

JULY 6, 2022

While 2021 was the year of the comeback for restaurants, 2022 is proving to be a very different story. Substantial price hikes on restaurant menus are causing consumers to choose other options aside from eating or taking out, and a ‘tipping point’ is on the horizon where inflation will depress overall demand.

Consumer Goods 197

Consumer Goods Coupons Loyalty Program Pricing 197

Cheetah

SEPTEMBER 30, 2021

Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. As grazing crops were scorched and shriveled, food for livestock has also come at a risk, influencing the meat market. Labor Crisis Continues.

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Food Supply Supplies Pricing Food 148

Modern Restaurant Management

DECEMBER 21, 2022

Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price. Don’t be afraid to increase price. Expand Customer Loyalty : This year, many restaurants didn’t necessarily see a drop in topline sales, but instead suffered drops in visit frequency.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

Apicbase

FEBRUARY 29, 2024

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. million in 2022, to $1,087 million in 2023. million in 2022, to $1,087 million in 2023.

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2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

OCTOBER 13, 2023

The five tips below will help employers give gifts that receive the intended response, be it increased loyalty, retention or morale. Subsequently, in 2022, companies faced the "Great Resignation," resulting in the loss of some of their most valuable team members.

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Loyalty Program Workshop Events Certification 176

Modern Restaurant Management

MARCH 2, 2023

Some of the most common elements across these various consumer-driven businesses include pricing, location, environment, quality of goods and services, access, parking, and so on. Do you meet the expectations your marketing creates? They expect payment-related rewards and loyalty programs every time they transact.

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Operations Loyalty Program Mobile Ordering Consumer Goods 164

EATER

MARCH 7, 2023

“To the north, you have the Kelly Miller housing projects, where about 94 percent of residents are below the federal poverty limit and most are unemployed,” says James, who worked as the farm programs manager at Common Good City Farm until early January. “To percent for food prices last summer — the largest increase since 1981.

Marketing 103

Marketing Loyalty Program Pricing Back of House 103

Future Food

SEPTEMBER 6, 2023

Whether owning or renting, the combination of 12 interest rate increases since May 2022, looming fixed rate mortgage cliff and predictions of one more rate increase before year end – interest rate impacts will continue to dominate cost of living pressures. During the last year of the pandemic, costs grew faster than prices rose.

Hospitality 78

Hospitality Loyalty Program Retail Food 78

Future Food

SEPTEMBER 4, 2023

Whether owning or renting, the combination of 12 interest rate increases since May 2022, looming fixed rate mortgage cliff and predictions of one more rate increase before year end – interest rate impacts will continue to dominate cost of living pressures. During the last year of the pandemic, costs grew faster than prices rose.

Hospitality 78

Hospitality Loyalty Program Fast Casual Food 78

Modern Restaurant Management

AUGUST 19, 2022

by the end of 2022. People relish knowing they can enjoy familiar food, a consistent experience and, usually, affordable prices. New mover marketing. One surefire way to help your restaurant stand out is to incorporate a new mover marketing program to capture new residents before they form loyalties with the competition.

Franchise 197

Franchise Franchising Social Media Loyalty Program 197

Cheetah

SEPTEMBER 30, 2021

But the root cause of the current food chain crisis and rising food prices runs deeper than that. Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. Energy prices are very high right now too.

Food Supply 78

Food Supply Supplies Pricing Food 78

Black Box Intelligence

APRIL 12, 2023

food prices grew at a slower rate in February compared to January (9.5% And although prices are expected to continue to grow more slowly in 2023 than in 2022, price growth is still projected to be above historical-average rates. In 2023, all food prices are predicted to increase 7.9%, with a prediction interval of 5.5

Food 76

Food Loyalty Program 2023 2022 76

Lavu

DECEMBER 14, 2022

Central to the program is a collaboration with CCSalesPro and James Shepherd, a Master Salesman, who has trained and mentored thousands of successful merchant services sales reps. Many restaurants today are using legacy technologies that cannot support must-haves like tableside ordering, delivery app integrations and loyalty/rewards tracking.

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Training Loyalty Program Point of Sale Tip Distribution 78

Sling

AUGUST 9, 2023

A Guide for Managers March 2023 12 Best Restaurant Schedule Software Programs for Small Businesses March 2023 11 Expert Tips for Handling Scheduling Conflicts March 2023 Exempt Vs. Non-Exempt Employees: What’s The Difference?

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Article 2023 2022 2021 78

Modern Restaurant Management

OCTOBER 18, 2022

The EV market experienced explosive growth in 2021, which is projected to continue into 2022. Historically high gas prices are pushing consumers towards EV options. Experts predict that the EV market will more than double by 2027. It’s not enough to implement strict QA programs in your restaurant.

Audits 189

Audits 2040 Food Safety Consumer Goods 189

7 Shifts

JANUARY 20, 2023

If you don't want to give out discounts, consider other perks like loyalty cards or free dessert. We've compiled some fun Super bowl promotional ideas to get your first social media marketing plan started. To speed things up, you could build a loyalty program or organize giveaways leading up to important events like the Super Bowl.

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Specials 2023 Social Media Email Marketing 195

Open for Business

MAY 19, 2023

And showing that you’re aware of the latest trends can attract new guests, build loyalty, and raise your profile. With the promise of lower labor costs, less waste, more effective marketing, and a better guest experience, it’s easy to see why. These are some of the latest hospitality trends to consider for your restaurant.

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2023 Hospitality Loyalty Program Email Marketing 78

Modern Restaurant Management

SEPTEMBER 15, 2021

Uncovering consumer confidence and preferences in an ever-shifting market as a result of COVID-19 restrictions, Restaurants Canada is shining a light on what restaurateurs and chefs can expect with the release of the 2021 Discerning Diner Report. . Despite these struggles, Alignable also learned in its poll that the No.

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2021 Loyalty Program Retail Online Ordering 178

The Restaurant Times

JUNE 6, 2023

According to Grand View Research , the market size of restaurant management software will reach $4.5 million in 2022. The market is projected to experience a 16.3% With this information readily available, you can make informed decisions regarding pricing and menu engineering to maximize profitability.

Inventory 52

Inventory Management Management Food Supply 52

QSR Automations

DECEMBER 22, 2023

Unfortunately, loyalty programs can only go so far , and they traditionally depend on rewarding customers for returning to your restaurant. This means that the restaurant can do very little other than offer loyalty rewards. New tech advancements and dropping prices for implementation will push this trend forward.

2024 52

2024 Loyalty Program Online Ordering Customer Service 52

Modern Restaurant Management

DECEMBER 14, 2021

Modern Restaurant Manaagement (MRM) magazine asked restaurant industry insiders to discuss the key challenges they believe restaurants will face in 2022. We have historically and continue to offer competitive pay, thorough training programs, flexible hours and a fun work environment so that we can continue to staff our locations as we grow.

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2022 Food Supply Mobile Ordering Customer Experience 189

Modern Restaurant Management

OCTOBER 22, 2020

Together, they are launching the Pathways to Black Franchise Ownership program, an innovative personal development training initiative that equips potential business owners to operate high-performing businesses. The program’s goal is to create 100 Black-owned franchise restaurants by the end of 2022 and to continue growing that number.

Franchise 154

Franchise Franchising Loyalty Program Kitchen Safety 154

Modern Restaurant Management

DECEMBER 20, 2023

– Corin Camenisch, Product Marketing Lead at SumUp AI is revolutionizing the industry, but we’ve only scratched the surface. Co-founder, Carbonate Looking back at 2023, I witnessed a significant shift in how restaurants approach loyalty programs.

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2023 Loyalty Program Mobile Ordering Consumer Goods 197

Apicbase

DECEMBER 8, 2022

Many market forces that shaped the restaurant industry over the past few years were linked to the disruptions caused by the global pandemic. But despite the aftermath, the sector has gradually recovered by 2022 – to a point where a new sense of normality has set in. However, normality is not the same as stability. Exclusivity.

2023 52

2023 Food Supply Online Ordering Kitchen Safety 52

Mad Mobile

FEBRUARY 22, 2024

1.22tn The revenue in the Online Food Delivery market is forecasted to reach US $1.22 By 2028, the market is forecast to generate revenues reaching 1.8 25% to 95% Boost to profits spurred by a 5% increase in customer retention via loyalty programs. 65% 65% of customers prefer self-service kiosks. trillion in 2024.

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2024 Technology Customer Experience Dietary Restrictions 40

Aaron Allen & Associates

AUGUST 24, 2022

Here, we’ll take a broader view of how things are shaping up for the global pizza market and some thoughts on where it is likely to head. A few highlights of our findings: In the last decade, independent pizzerias in America have lost 21 percent market share in terms of sales and 19 percent market share in terms of units to chains.

Technology 59

Technology Mobile Ordering Online Ordering Point of Sale 59

The Food Corridor

MARCH 27, 2023

The latest forecast from Statista predicts the total market size to double from 2021 to reach $112.53 Even more bullish, Euromonitor suggests the market could reach $1 trillion by 2030 , benefiting from cheaper, more reliable delivery and taking large chunks out of drive-thru and other takeaway food segments. billion by 2027.

Kitchen Safety 59

Kitchen Safety Delivery Online Ordering Food Order 59

Modern Restaurant Management

JUNE 3, 2021

It’s the next evolution of personalization, speed and convenience layered with a unique brand experience that will best position restaurants to win market share.” “What we’re seeing in the online ordering and delivery market is a complete change in how guests interact with their brands. Fast food reigns supreme.

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2021 Fast Casual Mobile Ordering Guest Recovery 189

Modern Restaurant Management

MARCH 1, 2022

” “Given the intense pressure on margins caused by rising commodity prices and labor shortages, analysts may give credit to price increases for the overall rise in average check,” said Acerra. Compare that to average net price, which was up 7.5 Delivering that level of convenience will win brand loyalty.”

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Loyalty Program Mobile Ordering Download Food Order 183

Modern Restaurant Management

OCTOBER 24, 2022

is holding around eight percent, which is causing the cost of eating out to rise alongside price increases for everyday items such as gas and groceries. With consumers increasingly viewing gift cards as a way to stretch their purchasing power, savvy restaurant owners are marketing new gift card offers to their customer base.

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Loyalty Program Consumer Goods 2022 Customer Experience 156