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Restaurant Loyalty Programs to Boost Revenues

Cheetah

Restaurants, retailers and airlines have been using loyalty programs to drive revenue for nearly three centuries. From their humble, though ingenious, beginnings as copper tokens and stamps, through the era of credit card clubs, to today’s mobile apps, loyalty programs have become indispensable marketing tools.

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The Rise of Exclusivity: VIP vs Traditional Discounting

Modern Restaurant Management

Offering discounts to incentivize customers to enroll and engage with loyalty programs has been a common practice in the restaurant industry for years. But rapidly rising labor and food costs over recent months has heightened pressure on already tight restaurant margins. Exclusivity can apply to more than just menu items.

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Improve Your CX and Reduce Operating Costs with a Simplified Payments Strategy

Modern Restaurant Management

Will you deliver the drinks, food, or services to their location on your property? They expect payment-related rewards and loyalty programs every time they transact. It seizes the advantage of omnichannel service delivery underpinned by a unifying payment processing system. What is your payments strategy?

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Inflation is Changing the Ways Restaurants Operate

Goliath Consulting

Inflation impacts restaurants in a variety of ways, but it hits them hardest in basic food costs. According to the report, the largest 12-month increases in food costs were in meats, poultry, fish and eggs, which rose 12.2 However, consumers tend to be motivated to spend money for rewards, such as restaurant loyalty programs.

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How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

However, many states that are forcing restaurants to stop their dine-in services are allowing them to operate as takeout and delivery-only establishments. Will running a takeout and delivery-only restaurant be profitable, or will the costs outweigh the revenue this opportunity could generate? Do you have takeout packaging in stock?

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4th of July Specials for Restaurants: Promotions and Ideas for 2021

Touch Bistro

Delivery is big business for restaurants right now. In contrast, using a direct online ordering system like TouchBistro Online Ordering lets you process all those 4th of July takeout and delivery orders directly from your website while keeping 100% of the profits. Offer some America-themed 4th of July food specials for the occasion.

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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. This indicates that free delivery is quickly becoming an expectation or at least a defining reason for choosing one brand over another. percent in March.

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