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MRM Research Roundup: Mid-August 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. COVID-19 Consumer Dining Trends. Mixed take-out bag. Can't touch this.

2020 493
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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Ideal menu price. To put it simply, your cost of goods sold is how much it costs you to produce a menu item. As you add together all of your menu items, you can determine the total cost of everything (to you) that you sell to your guests. For fine dining, around 30 percent. Average customer headcount.

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MRM Research Roundup: Mid-Year 2024

Modern Restaurant Management

The main takeaway: It’s led to higher prices and lower foot traffic at many of the state’s dining establishments. “Our data indicates that QSR burger chains have generally been the hardest hit by the California increase in minimum wage and subsequent increase in menu prices,” writes Hottovy. percent). .

2024 294
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34 Restaurant Marketing Ideas: How To Market Your Restaurant in 2024

7 Shifts

Some uses for a poster include promoting a new item on your menu, hosting an event, or offering a "buy one, take one" promotion. For instance, millennials dine out an average of 241 times yearly. You can also offer a custom menu for these special occasions, like party-sized pizzas, party platters, and drink towers.

Marketing 195
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Spring Break Travel is in the Forecast: How to Attract Tourists to Your Restaurant

Restaurant365

The percentage breakdown of sales from travelers in a typical year pre-COVID-19 was as follows: Family dining – 31%. Casual dining – 32%. Fine dining – 41%. So, whether you are a specialty kiosk, fast-casual, or fine dining, there is additional money to be made by catering to tourists. Quickservice – 23%.

Travel 146
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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

Fine dining and upscale casual were the worst performing segments during March based on same-store sales growth. Family dining was another segment that was hit hard, which includes many buffet-based concepts. Full-Service Restaurants Hit Hardest by the Crisis. For more data, click here. Latest Sense360 Data. New F&B Trends.

2020 491
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17 Restaurant Job Interview Questions (and How to Answer Them)

7 Shifts

It's fine if the story is a grand accomplishment of yours, but spend as much time explaining how it impacted the business as you do yourself. What would you do if you ran out of a menu item? This would also be great time to tell them about your experience if yo've dined there before. Don't toot your own horn.