Focus POS

DECEMBER 22, 2021

The pandemic caused added pressure in 2020, with sales down $239 billion from expected levels and employment dropping 3.1 H3: A strong loyalty program. What’s better than having repeat business; and what’s a better way to get repeat customers than to offer them an effective loyalty program.

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Management Management Loyalty Program Online Ordering 146

7 Shifts

DECEMBER 18, 2019

Why you should invest in restaurant lunch specials Increasing lunch sales is a no-brainer in the restaurant business. Toast employee David Scott Peters said it best: “Think about it: you are paying rent and utilities whether you are generating sales or not. (.) Want to capture the hungry, back-to-school lunch crowd for January?

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Specials Food Truck Seasonal Menu Social Media 362

Mad Mobile

FEBRUARY 29, 2024

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. A good POS system can help you keep your customers and employees happy with speedy, accurate service. In the cloud-based POS space, systems are designed for every type of restaurant and bar.

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POS Bar Brewery Customer Service 40

Modern Restaurant Management

DECEMBER 20, 2023

As with most other industries, the biggest talking point for restaurants in 2023 has been artificial intelligence. . Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights. Click here for the first part.

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2023 Loyalty Program Mobile Ordering Consumer Goods 192

Squirrel Systems

MAY 17, 2024

This could include offering catering services, launching a food truck, or selling branded merchandise. Here are some ways technology can support your expansion efforts: Point of Sale (POS) Systems : Modern POS systems offer more than just transaction processing.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

The Restaurant Times

FEBRUARY 19, 2022

As a result, rather than adopting a POS system built for general restaurant use, most pizza entrepreneurs would be better off investing in POS software with capabilities created exclusively for a pizza operation. Features To Look For In A Pizza POS Software . Online Ordering .

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POS 2022 Loyalty Program Point of Sale 52

Restaurant365

FEBRUARY 25, 2020

In addition, it’s important to remember that while your profit may be in dollars, your profit margin is your profit expressed as a percentage of sales. Catering Services. While profit margin may be a widely known metric, it can be difficult to fully understand everything that affects the calculation. Net Profit Margin.

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Loyalty Program Fast Casual Point of Sale Online Ordering 183

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. Experiential Dining The dining experience is becoming as important as the food itself.

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2024 Technology Menu Mobile Ordering 52

The Restaurant Times

FEBRUARY 10, 2022

Restaurant POS software has now become an essential asset to restaurant operators. In this article, we have put together a comprehensive feature guide to help you buy the best restaurant POS for your needs. 5 Must-Have Restaurant POS Features . Thus, a cloud POS is more flexible and adaptable. Cloud Technology.

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POS 2022 Loyalty Program Inventory 52

The Restaurant Times

AUGUST 30, 2022

One such new-age technology is the restaurant point of sale (POS) system. However, you must choose the ideal POS system with the right features to help you run your restaurant better and generate healthier ROI. What is a Restaurant POS System? How does a Restaurant POS System work?

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POS 2022 Point of Sale Mobile Ordering 52

Modern Restaurant Management

SEPTEMBER 14, 2022

AI is a program developed by humans to respond to a set of instructions under specific environments. AI programs factor in various variables like human response patterns, scenarios, locations, languages, and more to deliver what is expected of them. AI-based robots cook your food and deliver meals on time without missing a beat.

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Front of House Mobile Ordering Loyalty Program Back of House 204

The Restaurant Times

JUNE 30, 2021

This has increased the demand for POS software for every fast food restaurant. A well-integrated POS software makes the job easier for the staff and allows them to manage different functions seamlessly. . This article will present the most essential POS features that a fast food restaurant must have. . Third-party Integrations.

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POS Food Online Ordering Point of Sale 52

Apicbase

MARCH 28, 2024

That means you are collaborating with multiple stakeholders who each have their own data points to focus on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on. But with so many kitchen management systems vying for your attention, you need to narrow down the options.

Management 52

Management Management Point of Sale Kitchen Safety 52

Focus POS

APRIL 14, 2020

Consumers nowadays are very busy, and these options cater to those customers who may not have time to come in for a sit-down meal. Another popular customer convenience is a loyalty program, to keep current customers coming back, and gain data while you do. What’s the secret behind most successful restaurants?

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Point of Sale Loyalty Program Customer Service Customer Experience 129

7 Shifts

JULY 16, 2021

This knowledge will help you answer these questions and more– helping you differentiate yourself from the competition and best cater your coffee shop to the community's needs. We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. Table of Contents. Coffee Shop Concepts. Research the Market.

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License Hiring Equipment Point of Sale 461

SpotOn

MAY 15, 2024

You just need the right perspective, some great dad jokes, and the right point-of-sale system to make your life easier. We all know dads love to eat, and there's no better way to celebrate dad on Father's Day than to bring him to a restaurant for a fantastic meal. Don't just offer a bowl of candy by the cash register.

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2024 Social Media Loyalty Program Seasonal Menu 52

Lavu

APRIL 15, 2020

With dine-in options no longer an option for your restaurant guests, it’s time to start increasing your gift card sales to stay afloat. Show Loyalty to Your Loyalty Members. Everybody wants to win points and get free stuff. Everybody wants to win points and get free stuff. Spread the Word on Social Media.

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Dine-in Loyalty Program Point of Sale Mobile Ordering 91

Apicbase

FEBRUARY 29, 2024

Restaurant sales in the US grew from $842.3 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Let’s dig in.

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2024 Operations 2023 Loyalty Program 52

BNG Point of Sale

SEPTEMBER 2, 2021

The high turnover nature of these operations tends to result in fewer kitchen staff required, cheaper food and menu items, and smaller retail spaces, than other types of endeavors in the restaurant industry (and indeed other catering businesses). As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this: .

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Food Truck Loyalty Program Food Point of Sale 52

Modern Restaurant Management

JANUARY 2, 2024

We've reached a point where we're recognizing the value and limits of these technologies. And while automation and robotics can help streamline some elements of operations, in the wake of the COVID-19 pandemic, there's a newfound appreciation for human connection and dining experiences.

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2024 Fast Casual Insurance Food Safety 193

BNG Point of Sale

AUGUST 27, 2021

Based on sales averaging $300/hour for four hours daily and 5k every Sunday (working 3+days), earnings calculate to $34,000 a month. While the annual sales of the BBQ restaurant segment have grown to a whopping $4.0 The products sold by a barbecue catering business are burgers, hot dogs, ribs, pulled pork, chicken tenders and corn.

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Point of Sale Loyalty Program Merchandise Customer Service 52

Open for Business

NOVEMBER 21, 2022

It can sync with a loyalty program. Restaurant technology has changed everything about the way people do business today. Today, digital tools can streamline almost every aspect of running a restaurant business. It can seem like a lot to learn upfront, but the payoff is huge. Here’s an overview of what’s available. Quick links.

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Technology Front of House Back of House Online Ordering 147

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

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2022 Mobile Ordering Guest Recovery Point of Sale 211

The Restaurant Times

SEPTEMBER 16, 2021

The POS systems become the anchor for many of these transformations. According to a report by Grand View Research , the global restaurant point-of-sale terminal market size is expected to reach US$25.95 This article was originally published in the CATERER MIDDLE EAST on July 19, 2021. . billion by 2028.

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Technology Guest Recovery Front of House Point of Sale 52

Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

Bar 124

Bar Cash Management Loyalty Program Point of Sale 124

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 203

Food Safety Mobile Ordering Online Ordering Kitchen Safety 203

The Restaurant Times

JANUARY 14, 2022

Globally, food waste generates 4.4 Gt of CO2e annually, accounting for 8% of GHG emissions. This is one of the reasons why food waste has been gaining momentum over the past few years. In the US, food waste and related packaging account for almost 45% of the material that goes into landfills. Choose Location. Get the Permits.

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Waste License Loyalty Program Website Management 98

BNG Point of Sale

JUNE 16, 2021

Yet even after all this hard work, your restaurant still isn’t seeing the sales you hoped. Maintaining growth in the restaurant business requires more than delicious food and an inviting design; it also means adopting specific and powerful sales strategies. How Can Restaurant Owners Increase Customer Sales? . Why is that?

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Social Media Online Ordering Loyalty Program Merchandise 52

The Restaurant Times

NOVEMBER 10, 2021

Online food ordering systems are crucial to your business’s profitability and sales management. You need an online ordering system that is simple to set up, configurable, user-friendly, capable of meeting your marketing and sales objectives, and makes your life simpler. Online Payments . Focus on Menus .

Management 52

Management Management Online Ordering Loyalty Program 52

The Restaurant Times

NOVEMBER 20, 2021

Introducing online ordering systems, efficient menu engineering, and controlling food costs have further helped restaurants to boost their sales amidst the pandemic. Introducing Customer Loyalty Programs. If the location is a reason for a decline in sales, there is no point sticking to it. Source: USA Today.

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Loyalty Program Online Ordering Point of Sale Mobile Ordering 52

BNG Point of Sale

AUGUST 27, 2021

Catering and Events: 7-8 % . The two main ways to widen your profit margins are increasing sales and decreasing costs: . Increasing sales volume . Gross profit is the amount of money that was earned in total before any expenses. The average gross profits for restaurants are about 70%. Use an online ordering system .

Food 52

Food Point of Sale Online Ordering Loyalty Program 52

Apicbase

MARCH 28, 2024

Sales optimisation. Restaurant back-of-house operations form the backbone of a restaurant’s success. The back-of-house (or BOH) manages crucial elements that impact cost control and profitability. These include food production and inventory management. Additionally, the BOH handles food safety and restaurant administration.

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Back of House FOH BOH Front of House 52

Modern Restaurant Management

FEBRUARY 18, 2020

Restaurants will adopt mobile-first hardware architectures and API-connected software platforms that can be unified at every digital touchpoint, from order taking at POS or self-service, to food prep in smart kitchens, to service in-house, and finally delivery to in-restaurant tables or the customer’s front door.

Mobile Ordering 212

Mobile Ordering Front of House Fast Casual Customer Service 212

Restaurant365

OCTOBER 1, 2021

It can be calculated with the following formula: Gross Profit = Total Sales – CoGS. Your gross profit margin is expressed as a percentage, which you can use to understand how much of every dollar you make goes to your profit margin: Gross Profit Margin = (Gross Profit ÷ Total Sales) x 100. Why restaurant profit margins are low.

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Point of Sale Food Truck Inventory Loyalty Program 78

BNG Point of Sale

JUNE 21, 2021

In the restaurant industry, delicious food and restaurant ambiance are often seen as THE KEYS TO SUCCESS! In reality, success also comes from healthy profit, but maintaining an ideal margin is tricky. Whether a restaurant is full-service, quick service, or a food truck, maintaining optimal profits is important. You will want to analyze them both.

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Fast Casual Food Truck Customer Service Online Ordering 52

Mad Mobile

FEBRUARY 22, 2024

25% to 95% Boost to profits spurred by a 5% increase in customer retention via loyalty programs. Statistic Detail 46% 46% of adults think technology has a positive impact on their restaurant experience. 65% 65% of customers prefer self-service kiosks. 1.22tn The revenue in the Online Food Delivery market is forecasted to reach US $1.22

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2024 Technology Customer Experience Dietary Restrictions 40

Modern Restaurant Management

DECEMBER 13, 2019

This edition of MRM News Bites features NLRB, IHOP, Fourth, Ordermark, Chica’s Tacos, Thanx, Chowly and EZCater, Corner Bakery, Fountainhead Taproom and PourMyBeer and Epson America. NLRB Approves McDonald's Settlements. The Board concluded that the settlements will provide a full remedy for all alleged substantive violations.

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Mobile Ordering Catering POS Customer Experience 91