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Menu Prices Are Rising, But Loyalty Programs Can Help Restaurants Stay Ahead

Modern Restaurant Management

It’s an unsavory fact: food is getting more expensive. In October, the USDA reported year-to-date averages, noting that food-at-home (grocery store) prices have increased 2.5 percent and food-away-from-home (restaurant) prices have increased 3.6 Rewards for Loyalty. If current projections from the U.S.

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Why Restaurants Should Lean Into Loyalty Programs As a Way to Increase Direct Sales

Modern Restaurant Management

As a result, restaurants have turned to third party delivery providers in order to help meet the growing demand for off-premise orders, but these providers are cutting into restaurant’s razor thin profit margins. By using loyalty programs as a way to encourage customers to order directly.

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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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Five Ways to Enhance and Improve the Takeout and Delivery Customer Experience

Modern Restaurant Management

Less than two decades ago, restaurant-quality meal delivery was largely limited to pizza and Chinese takeout. Today, the global food delivery app industry is predicted to reach $320 billion by 2029 — up from $140 billion in 2022. When it comes to delivery, you can take the process into your own hands.

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7 Proven Strategies on How to Increase Restaurant Sales

Next Restaurants

By Jose Chavez, Contributor A common challenge keeps many restaurant owners up at night: boosting sales and keeping the doors open in an ever-evolving restaurant industry. This is a struggle for about 80% of restaurateurs worldwide, as they understand customer preferences and deal with higher food costs and fierce competition.

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5 Proven Loyalty Program Ideas To Boost Restaurant Sales

The Restaurant Times

While there are ample other ways to boost sales, loyalty program is a reliable solution. However, to keep them coming back, you still need to ensure that customers are rewarded based on the number of visits or sale volumes. If that is not the case, you need to put some extra effort into enhancing your loyalty program. .

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5 Proven Loyalty Program Ideas to Boost Restaurant Sales

The Restaurant Times

While there are ample other ways to boost sales, loyalty program is a reliable solution. However, to keep them coming back, you still need to ensure that customers are rewarded based on the number of visits or sale volumes. If that is not the case, you need to put some extra effort into enhancing your loyalty program. .