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. Unfortunately, the traditional marketing tech stack that restaurants have long relied on is outdated, overpriced and ineffective in today’s digital ecosystem.

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Marketing4Restaurants

MARCH 16, 2023

  We are back with the last part of the series on Restaurant Marketing Trends for 2023. There are a multitude of uses for AI in a restaurant and it’s mostly on the marketing or idea side. There are a multitude of uses for AI in a restaurant and it’s mostly on the marketing or idea side.

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2023 Marketing Social Media Restaurant Law 97

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. "With consumer behaviors now firmly established around off-premise dining solutions due to the pandemic, off-prem will remain a prevalent option for 2023. For part two, click here.

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Modern Restaurant Management

DECEMBER 19, 2023

– Frances Allen, President and CEO, Checkers Brand loyalty took priority in 2023. – Matt Eisenacher, Chief Brand Officer at First Watch Digital transformation continued to dominate 2023. In 2023, we experienced unprecedented shifts in consumer behavior amidst broader macroeconomic conditions like inflation.

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Perfect Daily Grind

APRIL 30, 2023

Over the past year or so, rising food prices and energy costs have been affecting many people around the world. In fact, in March 2023, the BBC reported that food prices had reached a 45-year high in the UK , with many other major coffee consuming countries also going through similar price increases.

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Modern Restaurant Management

MARCH 23, 2023

But in 2023, month-over-month trend lines have evened out. percent YOY) was the top-performing QSR channel in February 2023. Yet QSRs are slowing down price increases to meet tightening budgets. The average price flattened, up 14.0 A week ago, we lauded a flat line (on a graph, that is). percent YOY. Dine-in (+29.8

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Modern Restaurant Management

FEBRUARY 1, 2023

And in 2023, that’s the problem most hiring managers in the restaurant industry are facing. When deciding where to recruit restaurant workers online, many job platforms promise to plaster your jobs across the Web for a fixed price. And knowing where to market may be what sets your hiring apart from your competition.

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Modern Restaurant Management

DECEMBER 19, 2023

The recovery in the restaurant industry means that restaurant owners looking to sell their business in 2020, but couldn’t due to the pandemic economy plummeting restaurant values can finally sell in 2023. However, high-interest rates are pushing some prospective buyers out of the market who can’t pay with cash.

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Modern Restaurant Management

MARCH 21, 2024

Continued Fed tightening made borrowing to fund growth more expensive, while a tight labor market meant challenges finding talent and higher labor costs. 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.

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Perfect Daily Grind

APRIL 21, 2023

Mon, 17 Apr Colombian chain Juan Valdez to open flagship store in Madrid in May 2023. La Marzocco opens temporary store at 2023 Design Week Milan. In March 2023, the company certified another 88 Greener Stores in 18 additional markets, including in the UK. Expo Café Uruguay 2023 to be held on 12 and 13 August.

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Modern Restaurant Management

AUGUST 22, 2023

While it’s promising, it’s not the magic bullet to increase your revenue in 2023. Based on all the buzz, it’s touted as AI-mazing for marketing. This has led many businesses to view it as a marketing magic bullet to solve their revenue woes. Take integrated WiFi marketing.

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Modern Restaurant Management

MAY 30, 2023

Digital Dining: What Restaurants Need to Know Now In February 2023, our Revenue Management Solutions (RMS) data analytics team advised on the benefits of attracting and keeping frequent diners. According to our Q1 2023 survey , frequent users were not just visiting QSRs; they planned to keep visiting.

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Pricing Loyalty Program Social Media 2023 88

Perfect Daily Grind

FEBRUARY 24, 2023

According to the US Food and Drug Administration, the affected products have the following expiration dates: 8 March 2023, 20 May 2023, 4 June 2023, and 10 June 2023. World AeroPress Championship publishes rules and regulations for 2023 competition. World of Coffee Athens will take place from 22 to 24 June 2023.

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7 Shifts

JANUARY 20, 2023

Super Bowl 2023 Promotion Ideas for Bars and Restaurants 1. We've compiled some fun Super bowl promotional ideas to get your first social media marketing plan started. Have a look at our complete email marketing guide for restaurants as it's a good idea to do this in the long run. But how do you stand out? The solution?

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Specials 2023 Social Media Email Marketing 195

Perfect Daily Grind

MARCH 31, 2023

Mon, 27 Mar International Women’s Coffee Alliance’s current Executive Director to leave organisation in May 2023. Ethiopian coffee authorities to host two lectures on market access and genetic diversity at 2023 Specialty Expo in Portland, Oregon. Specialty Coffee Association announces 2023 Sustainability Award winners.

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EATER

SEPTEMBER 20, 2023

In the bread aisle, you see two loaves identically wrapped; both are perfectly edible, but one is a day older and costs half the price. This is a business practice called dynamic pricing, and it may be coming soon to a supermarket near you. The price is changing throughout the [time] horizon.” Which do you choose?

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Perfect Daily Grind

MAY 12, 2023

The 2023 WAC finals will take place immediately after this year’s Australian AeroPress Championship, which will be hosted by Fieldwork Coffee. points at 2023 Best of Ka‘ū competition. ZHAW Coffee Excellence Centre opens applications for 2023 Certificate of Advanced Studies. Tim Hortons to launch in South Korea in 2023.

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Open for Business

MAY 19, 2023

No one would have guessed that so many people would be working remotely in 2023, or that TikTok would become the next social media powerhouse. Digital ordering has been a game changer, and the latest trends for 2023 could change how hospitality businesses operate even more.

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2023 Hospitality Loyalty Program Email Marketing 78

Perfect Daily Grind

MARCH 3, 2023

GoFundBean launches 2023 Bean for Bean mentorship programme. Successful applicants will receive updates on 13 March 2023. The sessions will be held on 14 & 15 June 2023 and 11 & 12 November 2023, respectively. Submininal to launch NanoFoamer Pro on Kickstarter on 7 March 2023.

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2023 Certification 2022 Events 126

Perfect Daily Grind

APRIL 19, 2023

The 2023 expo will take place in Portland, Oregon – a city with a thriving specialty coffee culture. Alongside an extensive trade show and exhibition, the 2023 Specialty Coffee Expo will also host several competitions and awards schemes. The 2023 US Coffee Championships will take place at the event.

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The Restaurant Times

NOVEMBER 17, 2022

However, studies have found that among the reasons for patronizing pop-ups, one of the reasons is to find new and unique products (39%), to shop locally (36 percent) and to benefit from great prices (34 percent). The market has changed regarding what people spend their money on in recent years. How To Successfully Do Pop-up Marketing.

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Marketing 2023 Email Marketing Social Media 52

Perfect Daily Grind

MAY 19, 2023

The event will take place on 14 & 15 September 2023 at the Plaza Mayor in Medellín. Australian Specialty Coffee Association announces winners of 2023 Barista Championship and Brewers Cup. Australian Specialty Coffee Association announces winners of 2023 Barista Championship and Brewers Cup.

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Modern Restaurant Management

JANUARY 13, 2023

. “After 36+ years of serving innovative, California inspired cuisine, we are proud to have built an incredibly loyal and supportive CPK guest community, so we wanted to do something to show our appreciation as we kick off the new year,” said Ashley Ceraolo, SVP of Marketing at California Pizza Kitchen. Price may vary per market).

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Modern Restaurant Management

JANUARY 31, 2024

The website is one part of it, but it’s also about maintaining an active social media presence, offering a loyalty program, and investing in ongoing marketing campaigns. Inventory : Generally, when food costs go up, operators will raise their menu prices by a small amount.

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2024 Online Ordering Website Management 2023 203

Modern Restaurant Management

JANUARY 30, 2024

Net sales are primarily driven by average check increases and pricing opportunities are diminishing. With little margin for taking price, brands will need to adopt a broad perspective, focusing on creative traffic-driving strategies, and get down into the specifics by analyzing local competitor and consumer data. (Fig.

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2024 Fast Casual Point of Sale 2023 162

Open for Business

JANUARY 26, 2023

And if restaurant owners don’t put restaurant marketing efforts behind a promotion, the best concepts can stall. For a fine dining Italian restaurant, it could be that fresh truffle supplements are available at a premium price for a limited time. Offering them at a discount might reveal if they’re priced too high to move. (If

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2023 Loyalty Program Social Media Seasonal Menu 122

Modern Restaurant Management

MARCH 3, 2023

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. million by the end of 2023. Competition is heating up : In 2023, 47 percent of operators expect competition to be more intense than last year. "The

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2023 2022 Consumer Goods Point of Sale 203

Goliath Consulting

JUNE 21, 2022

3 Restaurants in the US do not heavily rely on palm oil, but experts say that when one supply experiences a disruption in the supply chain, this will create a ripple effect on other products in the market. Pricing will continue to increase as supply across the world cannot meet demand. exports, and Ukraine exports 18.1m.

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Supplies 2023 Food Supply Agriculture 78

Perfect Daily Grind

NOVEMBER 4, 2022

The survey found that that 35% of respondents were expecting to be operating at a loss or face closure by the end of the year, with 96% of businesses also experiencing higher energy costs and 93% facing food price inflation. Fairtrade launches Living Income Reference Price for Ugandan arabica. Wed, 2 Nov.

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7 Shifts

NOVEMBER 1, 2022

They're people leaders, customer service providers, line cooks, inventory managers, occasional bartenders, public relations reps, number crunchers, and even marketers. It all starts with a great marketing plan. Your marketing plan is the cornerstone of your restaurant's success and business plan. Marketing Plan Template.

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Seating Email Marketing Marketing SEO 221

Sling

JULY 24, 2023

There is an ever-growing market of specialized software for all of the outside-the-kitchen things restaurateurs have to think about. In addition, Toast offers products ranging from payroll and tips management to inventory management , email marketing and more. 9) Clover Another POS software solution serving restaurants is Clover.

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Open for Business

JULY 7, 2023

“They want to feel like welcome guests again, wrapped in the kind of warm, competent hospitality they fantasized about while the pandemic took it all away,” wrote Kim Severson in a New York Times article on the subject of hospitality in 2023. This year, the price of a meal out rose 8.6%. appeared first on OpenTable Resources.

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Hospitality 2023 Front of House Social Media 78

Perfect Daily Grind

JANUARY 27, 2023

Alliance for Coffee Excellence announces 2023 auction dates. The 2023 auction line up includes 13 Cup of Excellence auctions, four Private Collection auctions, and one Pilot Project. Growing Coffee in the Face of Climate Change to air on YouTube on 8 February 2023. The agency also expects the 2023/24 harvest season to hit 54.9

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2023 2022 Events Certification 112

Perfect Daily Grind

AUGUST 5, 2022

The September price fell 1.84% on Monday in spite of supply concerns brought on by extended dry spells in Brazil’s Minas Gerais. Brazil’s arabica production could rebound in 2023/24 season. The filter is made from premium 316 stainless steel, which the company says is more durable than many other options on the market.

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Modern Restaurant Management

DECEMBER 20, 2022

Inflation has hidden the dramatic decreases in guest traffic and we anticipate this becoming a bigger issue with investors in 2023." Increasing menu pricing has helped to offset costs and so far, has continued to attract customers since grocery prices are outpacing the increases in restaurant tickets for dining out."

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Black Box Intelligence

OCTOBER 27, 2022

Based on the industry performance of 2022, we’re sharing the current state of restaurant finances as well as the top trends to get ahead of in 2023. A drop in gas prices combined with a more positive short-term outlook for income, business, and the labor market were all contributing factors. The result? Looking Ahead.

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2023 Point of Sale 2022 Consumer Goods 68

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. – Corin Camenisch, Product Marketing Lead at SumUp 1 + 0 = 3: The New Math of Marketing!

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