Modern Restaurant Management

DECEMBER 21, 2022

Spirit-based, ready-to-drink beverages will continue show vast white space, and bourbon should continue to thrive. Expand Customer Loyalty : This year, many restaurants didn’t necessarily see a drop in topline sales, but instead suffered drops in visit frequency. " – John Oakes, Revenue Management Solutions CEO.

2023 193

2023 Loyalty Program Mobile Ordering Customer Experience 193

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.

2023 78

2023 Hospitality Loyalty Program Email Marketing 78

Modern Restaurant Management

JANUARY 12, 2022

But despite these concerns, 46 percent of people noted they will eat out daily to several times a week in coming months and showed a growing loyalty to their favorite brands. ” The results are part of an Oracle Food and Beverage survey conducted by Untold Insights in September 2021. Latest Beverage Trends.

2022 212

2022 Mobile Ordering Guest Recovery Point of Sale 212

Future Food

SEPTEMBER 6, 2023

Not only is QIC actively supporting retailers by creating a convenient interface to connect customers with jobs in the respective centres but they are strengthening loyalty to the local QIC shopping centre. Soul Origin , adding value to memberships with loyalty rewards programs.

Hospitality 78

Hospitality Loyalty Program Retail Food 78

Future Food

SEPTEMBER 4, 2023

Not only is QIC actively supporting retailers by creating a convenient interface to connect customers with jobs in the respective centres but they are strengthening loyalty to the local QIC shopping centre. Soul Origin , adding value to memberships with loyalty rewards programs.

Hospitality 78

Hospitality Loyalty Program Fast Casual Food 78

Focus POS

JANUARY 15, 2020

Integrated solutions like kitchen management systems, marketing tools, and loyalty programs should also be considered when calculating ROI, since these boost sales and efficiency. This can help you pinpoint areas of theft and waste, and help you accurately forecast your inventory needs. Labor Management. Theft and Shrinkage.

POS 151

POS Front of House Loyalty Program Inventory 151

The Restaurant Times

FEBRUARY 22, 2022

On the other side, the food and beverage business will be transformed by several automation breakthroughs such as robot bartenders, smart ordering, and delivery choices. It’s no longer about waste and environmental damage. Restaurant Tech. To survive the after-effects of Covid-19, most eateries diversified their business streams.

2022 98

2022 Front of House Cash Management Online Ordering 98

Squirrel Systems

FEBRUARY 16, 2024

This trend extends beyond the food to include health-focused beverages, including detox juices, herbal teas, non-alcoholic spirits, and adaptogen-infused drinks. They support online ordering, mobile payments, and loyalty programs and can integrate with third-party delivery services.

2024 52

2024 Technology Menu Mobile Ordering 52

Mad Mobile

MARCH 1, 2024

These visuals not only enhance the dining experience but also present a golden opportunity for guests to discover and crave appetizers, desserts, or beverages they might have overlooked otherwise. Revenue streams beyond food and beverage In a traditional restaurant model, your revenue streams are limited to food and beverage.

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

The Restaurant Times

JUNE 6, 2023

By optimizing inventory management, restaurant software empowers businesses to minimize waste, prevent overstocking, and maintain adequate supplies. Furthermore, restaurant management software helps reduce waste and shrinkage. It streamlines inventory management processes, reduces waste, and enables better cost control.

Inventory 52

Inventory Management Management Food Supply 52

Modern Restaurant Management

SEPTEMBER 15, 2021

15 percent have ordered alcoholic beverages with food for delivery or takeout, on par with the 18 percent of Canadians that say they’re likely to do this. At the same time, restaurants should reimagine their loyalty engagement strategies and expand the ways in which consumers can earn rewards. Paytronix Systems, Inc.,

2021 176

2021 Loyalty Program Retail Online Ordering 176

Clover - Restaurants

APRIL 25, 2024

In fact, we’ll tell you why sharing your secret sauce can even be a key to customer loyalty. To help control cost: By precisely documenting ingredient quantities, recipe cards can help minimize food waste –and as a result, optimize profitability. They can be traced all the way back to Ancient Greece and Rome.

Design 52

Design Loyalty Program Social Media Allergens 52

Restaurant365

SEPTEMBER 3, 2021

The difference between the two represents food that is being wasted due to errors, spoilage, or improper usage. Minimizing Food Waste. In addition to examining inventory and purchasing processes, a profitability strategist can also develop strategies for mitigating food waste. Strategizing Business Growth.

Waste 78

Waste Cash Management Point of Sale Inventory 78

7 Shifts

MAY 23, 2024

By analyzing the profitability and popularity of your menu items in depth, you can pinpoint exactly which food and beverages contribute to your restaurant's success and which ones you can eliminate. Customers spend an average of 109 seconds reading a menu, meaning you have less than 2 minutes to showcase your food and beverage offerings.

Social Media 195

Social Media Loyalty Program SEO Email Marketing 195

Lavu

OCTOBER 13, 2023

Encourage self-service options: Introduce self-service stations or areas where guests can easily access beverages, condiments, or utensils. By leveraging this information, you can encourage repeat business and build loyalty among customers. Table arrangement: Evaluate the layout of tables in your restaurant.

Seating 173

Seating Mobile Ordering Customer Service Cash Management 173

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. Circular supply chains are greener and more sustainable, and can decrease companies’ costs, reduce price volatility, and reduce waste.

2022 178

2022 Food Supply Back of House Kitchen Safety 178

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 142

Franchise Franchising Loyalty Program Kitchen Safety 142

The Restaurant Times

OCTOBER 27, 2021

You can go for personalized marketing and appreciate their loyalty by greeting them and giving them discounts on their birthdays or other special occasions. Moreover, you can leverage your loyalty programs by offering tier-based or point-based programs to bolster customer loyalty and sales. Serve Profitable Foods.

Bar 52

Bar Loyalty Program Point of Sale Social Media 52

Restaurant365

JUNE 4, 2021

If you haven’t yet started a loyalty program, consider implementing one. Reward programs can engage your customers, encouraging them to visit more often and participate in specials. Loyalty programs can also include incentives to encourage referrals, which is a win-win for both your loyal customer and your restaurant.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

Restaurant365

NOVEMBER 19, 2019

Automating tools like recipe costing, or using software like smart prep to reduce waste, can help streamline the business and adapt to food cost fluctuations. Tracking food waste trend reports, production stats, and recipe cost by location or time period can help identify inconsistencies. Accurately tracking business intelligence.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

Modern Restaurant Management

JULY 30, 2021

This program, piloted last year, is designed to help KFC team members build short-term savings and create lasting savings behaviors. “This program is a way to empower and equip restaurant employees with tools and resources to help them succeed and achieve their goals. To be able to offer these types of resources means a lot.

Franchise 199

Franchise Franchising Fast Casual Point of Sale 199

Modern Restaurant Management

DECEMBER 16, 2019

Starbucks and McDonald’s were also the leaders when it came to customer loyalty or visits per visitor with customer visited 2.4 “Most QSR and Fast Casual brands have already adopted a digital ordering program. The survey found that loyalty programs can be important motivators as well, according to 58 percent of respondents.

2019 116

2019 Compost Mobile Ordering Point of Sale 116

Restaurant365

DECEMBER 4, 2020

In addition, with shifting sales numbers, your menu should allow for a lean inventory that minimizes the opportunities for food waste. Automating tools like recipe costing, or using software like smart prep to reduce waste, can help streamline the business and adapt to food cost fluctuations. Accurately tracking business intelligence.

2021 78

2021 Operations Mobile Ordering Social Media 78

Restaurant365

OCTOBER 1, 2021

Understanding where that variance lies can allow you to examine the root causes of food waste for different ingredients. For example, a loyalty program can help reward long-time customers or attract new ones, thus increasing sales volumes. Increase revenue. Start by exploring your menu.

Point of Sale 78

Point of Sale Food Truck Inventory Loyalty Program 78

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Your marketing may also include services like email lists, loyalty programs, promotional discounts online, online review site profiles, and a website. Labor Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Open for Business

OCTOBER 20, 2023

Transforming the space to match your restaurant’s theme can also impact the budget, as will acquiring your first round of food, beverages, and other essentials. Investing in your team’s development improves service immeasurably while also fostering loyalty and reducing the need for frequent rehiring and retraining.

License 78

License Email Marketing Seasonal Menu Front of House 78

Notch

JANUARY 23, 2019

Alcoholic beverages average out around 20%. Reduce Food Waste Once you have reduced the costs of your ingredients, it's time to ensure that almost none of it goes into the trash. Reducing food waste throughout your operation can have a massive impact on your profits. In the kitchen, develop a laser-focus on reducing food waste.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

BNG Point of Sale

JUNE 21, 2021

Each meal is prepared and cooked on a smaller scale, helping prevent food waste. Restaurant owners can also taper the menu down by removing low-performing items, focusing on profitable ones, and finding ways to support the demand like improving the beverage menu, offering complimentary sides, and offering other takes on popular dishes.

Fast Casual 52

Fast Casual Food Truck Customer Service Online Ordering 52

BNG Point of Sale

AUGUST 27, 2021

To calculate your restaurant’s gross profit, you need to subtract the total cost of goods sold (COGS) for a specific period from your total revenue (your total food, beverage, and merchandise sales). Offer a loyalty program and promote your restaurant on social media channels. .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

iTab POS

NOVEMBER 8, 2018

Your potential profits can be severely cut by waste, theft, and shrinkage. With this real-time tracking of inventory, you can increase efficiency and minimize the chances of over ordering of perishable product that can quickly contribute to waste. Maximizing Revenues Through Loyalty Programs. Majority of the U.S

Cash Management 40

Cash Management Mobile Ordering POS Point of Sale 40

Notch

JANUARY 23, 2019

Alcoholic beverages average out around 20%. Reduce Food Waste Once you have reduced the costs of your ingredients, it's time to ensure that almost none of it goes into the trash. Reducing food waste throughout your operation can have a massive impact on your profits. In the kitchen, develop a laser-focus on reducing food waste.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

ChefMod

OCTOBER 6, 2021

Automate Cost Allocation Many operators can attest to the numerous number of times they have struggled to create separate primary cost categories for their restaurants, especially Food, Beverages, and Supplies. Well, not anymore. The other meeting happens electronically via text, email, or a website or app.

2021 52

2021 Email Marketing Front of House Cash Management 52

Modern Restaurant Management

AUGUST 5, 2020

TouchBistro acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. TouchBistro Acquires TableUp.

Food Safety 207

Food Safety Mobile Ordering Online Ordering Kitchen Safety 207

Modern Restaurant Management

DECEMBER 21, 2022

As mentioned before, this expands the need for loyalty programs, and also demands an agile technology stack that can go where customers are, as well as bring customers in. Loyalty will continue to get more personal and less transactional. Gamification will play a larger role in driving brand loyalty.

2023 167

2023 Loyalty Program Fast Casual Customer Experience 167

7 Shifts

FEBRUARY 15, 2024

Modern POS systems can handle contactless payments, support loyalty programs, and even speed up the ordering process (allowing customers to order without interacting with staff). Live menu updating software Beverage offerings tend to change over time, and depending on what you sell, they could do so frequently.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

Modern POS systems can handle contactless payments, support loyalty programs, and even speed up the ordering process (allowing customers to order without interacting with staff). Live menu updating software Beverage offerings tend to change over time, and depending on what you sell, they could do so frequently.

Inventory 195

Inventory Bar Management Management 195

Modern Restaurant Management

AUGUST 16, 2021

Many operators revamped their labor models, simplified menus to lower complexity and reduce waste, and are using technology, such as self-serve kiosks, to become more efficient during lockdowns. Nixon Peabody's Q3 Food & Beverage Outlook Report offers trends its attorneys are keeping an eye on. ” F&B Outlook.

2021 178

2021 Guest Recovery 2019 Loyalty Program 178