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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Research and compare different online ordering platforms and other point-of-sale (POS) systems like Toast, TouchBistro, and Square. Branded merchandise Selling branded merchandise lets you generate additional income while promoting your restaurant. Starbucks does this well with its coffee mugs and water bottles.

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Your guide to the best restaurant merchandise ideas

Clover - Restaurants

One of the most effective ways to boost your business and generate additional revenue is by offering restaurant merchandise. From trendy accessories to gourmet muffin mixes, the right merchandise can turn your loyal diners into ambassadors, spreading the word about your eatery. Why offer restaurant merchandise?

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Restaurant Loyalty Programs to Boost Revenues

Cheetah

What’s more, advertising deals about non-core products, like restaurant merchandise and swag , boost alternative revenue streams. In 2017, for example, Starbucks collected 30% of their revenue via mobile payments on their Starbucks Rewards member’s app, which supports buying Starbucks merchandise anywhere.

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4th of July Specials for Restaurants: Promotions and Ideas for 2021

Touch Bistro

A mobile POS that you can take tableside to capture customer orders. . A mobile, tablet-based POS streamlines the order process because it allows servers to take orders tableside and send them directly to the kitchen. Here are the top 4 restaurant technologies you should have ahead of Independence Day 2021: 1.

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How the Best Mobile POS System Can Help Grow Your Retail Business

BNG Point of Sale

Mobile POS For Retail: How Retail Businesses Boost Sales with Mobile Devices. When you think of a point of sale POS system in retail, a cash register likely comes to mind. A similar tool not only rings up merchandise, it improves sales, service, and the way your business functions. It’s called Mobile POS.

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Is Your Restaurant Branding Working?

Indoor Media

You’ve done what you can to build out your social media platforms, and you’re starting to see some serious merchandise sales. Some restaurants have access to a ton of data analytics, whether through their website, social media, or POS systems. So you’ve selected your branding and hit the ground running.

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Restaurant Branding: How To Build Your Restaurant Brand

Restaurant Clicks

Merchandise. Lastly, Point of Sale technology (POS) helps restaurant owners digitally keep track of sales and collect customer data. In the digital age of advertising where everyone is trying to sell you something, people notice genuine gestures. It’s estimated that the average person sees thousands of advertisements daily.