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Restaurant Market Research: Ultimate Guide to Market Analysis

7 Shifts

One of the building blocks you must put in place before starting a restaurant is market research. Just like a well-crafted mission statement will help guide your business decisions, identifying and understanding your target customers and competitors through restaurant market research will give your business a competitive edge.

Marketing 370
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The Importance of Being Present

Modern Restaurant Management

I have a varied background in sales, marketing, and HR. I knew I wanted to own my own business, and I was familiar with franchising in general Since my shop is the first Capriotti’s in Alabama, and there are really no others close to me, I had never tried the food. How do you engage with customers in person and online?

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Boost Your Restaurant Business with Five Local Marketing Tips

Modern Restaurant Management

The pandemic has ravaged many businesses in the country and few industries were hit as hard as the restaurant industry. Consumers and customers have changed their behavior due to the events of the previous year. So it makes good business sense to revamp your marketing strategies. The Pandemic and the Restaurant Business.

Marketing 568
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Tik Tok Marketing Proves Profitable

Modern Restaurant Management

Seventy-eight percent of small businesses that run ads on TikTok have already realized a positive ROI–the majority within just six months. according to Capterra’s TikTok Marketing Survey. Given its success rate, 52 percent of TikTok marketers surveyed plan to spend more money on the platform in 2023.

Marketing 531
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How to Find the Target Market for Your Restaurant

ChowNow

Understanding your target market is the foundation of making smart decisions for your menu, pricing, and overall guest experience. Without a well-defined target market, restaurants risk wasting resources on strategies that dont connect and menu offerings that dont selltrying to appeal to everyone, but standing out to no one.

Marketing 195
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The Best Restaurant Marketing Tips

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine surveyed marketing experts to find out the best ways restaurants can market themselves now. Customers are going to be hesitant to dine indoors. Basant Baruah, Senior Content Marketer, Beaconstac. Keegan Brown, Marketing Manager Easy On Hold & Brand Music.

Marketing 585
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New Tariffs and the Potential Impact on Restaurants

Goliath Consulting

The restaurant experience isnt just about great service and ambianceits deeply tied to ingredient sourcing and food costs. Pressure on Small Operators Small and independent restaurants, which often operate on razor-thin profit margins, are especially vulnerable. With new U.S.