Remove 2023 Remove Point of Sale Remove Social Media
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Bridging the Gap: Integrating Legal and Insurance Considerations into Restaurant Cybersecurity Response

Modern Restaurant Management

In today's digital landscape, restaurants have become prime targets for cybercriminals who take advantage of potential entry points from point-of-sale systems, online ordering platforms, customer databases, loyalty programs and third-party delivery services. In January 2023, Yum!

Insurance 282
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MRM Research Roundup: Holiday Spending, Franchise Optimism, and Pickle Energy

Modern Restaurant Management

Those priorities include increased marketing and sales efforts alongside new benefits and programs to attract and retain staff. Despite potential challenges, the industry is both optimistic, as total restaurant sales crested $1 trillion for the first time on record, and ready to pivot to continue growing.

Franchise 221
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Tech Will Be Essential to Boost Food Safety and Quality in 2023

Modern Restaurant Management

Then, you may also have more intangible costs of an unhappy customer spreading poor word-of-mouth about your restaurant, negative reviews on social media, and decreased traffic, lower sales, and customer loyalty. million tons of grain. Inflation is causing food prices – and food insecurity – to soar. .

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Is it PSL Season Already?

Modern Restaurant Management

From May 15 to July 15, SpotOn saw 1,070 “pumpkin” items added to menus across the country, with a spike of 176 items added just between July 7 and 13 alone. I’m thrilled to see our independent restaurant clients ahead of the trend, updating their menus with fall specials." " There’s no denying the power in pumpkin.

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Expanding Your Business? Seven Tips to Improve Cash Flow to Fund a New Location

Modern Restaurant Management

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. Different restaurant models achieve a break-even or profitability point at varying times.

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AI Isn’t the Magic Marketing Bullet Restaurants Think It Is

Modern Restaurant Management

While it’s promising, it’s not the magic bullet to increase your revenue in 2023. AI is everywhere: It’s pasted across headlines (like this one), trending on social media and the subject of conversations. This might include correlation of social media posts, to reviews, to point of sale metrics.

Marketing 419
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Value Meals: A 3M Strategy for Restaurant Success

Modern Restaurant Management

Will the summer sun heat up sales? Positive net sales in May (+1.9 Additional insights into QSR sales, traffic, and pricing trends are in the Revenue Management Solutions June Trend Report. Measure More Than Sales Significant changes in consumer behavior started well before the pandemic and have only persisted post-2020.