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Improve Your CX and Reduce Operating Costs with a Simplified Payments Strategy

Modern Restaurant Management

Whether you own or operate a bar, restaurant, hotel, resort, casino, or sports venue, your ability to control costs and deliver a satisfying CX depends on many factors. They expect payment-related rewards and loyalty programs every time they transact. What is your payments strategy?

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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

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. Smart Bar USA Founder Barry Fieldman. Moving forward, organizations will stop doing the same annual audits for all suppliers.

2022 177
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MRM Research Roundup: End-of-May 2021 Edition

Modern Restaurant Management

Fast and easy (56 percent) ties with coupons and deals (56 percent) for the top reasons consumers download apps followed by earn and track loyalty points (48 percent), easy payment options (43 percent), and to avoid long lines (40 percent). percent) of adults visited bars, restaurants or similar outlets for Mother’s Day on 9 May.

2021 186
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Restaurant Insiders on 2020 Lessons Learned, Part Two

Modern Restaurant Management

We’ve also noticed the increased importance of loyalty programs at times like this. During the start of the pandemic, data show that sales from loyalty program customers dropped off more slowly and ultimately recovered faster than anonymous ones. Bruce Reinstein, Partner, Kinetic12.

2020 193
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A Guide to a Restaurant’s Ideal Profit Margin for Food

BNG Point of Sale

Restaurateurs that are serious about increasing their profit margin for food must undertake a thorough audit of their whole supply chain. Loyalty Program . When it comes to increasing total sales at your restaurant, a loyalty program is a low-cost option. Spend Less Money On Food .

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

US Foods Springs into Helping Bars and Grills. In other news, US Foods launched its Spring Scoop, “Raising the Bar: The Classics – Celebrated and Elevated.” ” Spring Scoop highlights include: Elevated, Upsell-Worthy Bar-and-Grill Favorites.

Bar 124
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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. A sports bar should look and feel entirely different. Develop a guest loyalty program Small rewards for repeat visits can turn occasional guests, into loyal guests.