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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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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. Overall, it is an increasing possibility that social distancing may continue through the early part of the summer.

2020 491
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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. With customers seemingly viewing dining out a luxury, restaurants that can differentiate themselves in terms of quality and value will have a competitive advantage.”

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

7 Shifts

These strategies can combine traditional restaurant advertising techniques like pamphlets, billboards, and radio promotions with modern ideas like running paid ads, advertising on social media, and collaborating with influencers. Customers today strongly believe in the importance of social responsibility. a boycott).

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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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

For fine dining, around 30 percent. Whereas a bakery or pizzeria's most costly ingredients maybe cheese or chocolate, a fine-dining restaurant's could be shellfish and top-of-the-line beef. This can be as a whole or segmented by indoor/outdoor, bar/dining room, or whatever fits your restaurant. Why is it important?

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How To Increase Restaurant Sales: 20 Proven Tips & Tactics

7 Shifts

In this digital age, good plating can serve as your marketing tool if customers love what they see, snap a photo, and upload it to social media. Run a promotion for dine-in customers If you want your customers to flock to your restaurant, one strategy you can utilize is running in-house-only promotions.