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What Consumers Want? A B2C Checklist

Modern Restaurant Management

Leverage consumer data to learn about preferences, dietary restrictions, and favorite foods. Strike Balance with Competitive Pricing While culinary perfection is essential, affordability remains an important aspect of the decision-making process for diners.

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Cost Cutting Ideas for Restaurants: Increase Restaurant Efficiency & Reduce Costs With These New Technologies

7 Shifts

Because of COVID-19 restrictions on on-premise dining, customers are turning to takeout and delivery like never before. You can also stop running out of inventory and having to run to the grocery store to buy ingredients at retail price. Technology is changing the way that customers order from restaurants on- and off-premise.

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2024 AI Predictions for Restaurants: What to Expect in the New Year Ahead

Modern Restaurant Management

Personalized Menus : AI algorithms will analyze preferences and dietary restrictions to provide diners with menus tailored to their tastes. Dynamic Pricing Strategies : Using AI algorithms menu prices will be dynamically adjusted, based on factors optimizing revenue and adapting to real time market trends.

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2022 Reflections: The Year That Was for Restaurants

Modern Restaurant Management

Increasing menu pricing has helped to offset costs and so far, has continued to attract customers since grocery prices are outpacing the increases in restaurant tickets for dining out." The second is pricing. Menu prices have consistently risen since 2021. In June 2022, average price increase spiked from 10.7

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Great Expectations as Customers Show Increased Appetite for Swift Service and Customization

Modern Restaurant Management

Now that restrictions have well and truly lifted and people are returning to restaurants, their expectations for their dining experience are considerably higher. In this way, they are providing customers with more information about their offerings, and what steps can be taken to accommodate all dietary needs.

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How Virtual Brands Can Help Restaurants Expand Their Reach and Drive Sales

Modern Restaurant Management

Case in point: demand for chicken wings skyrocketed during the pandemic, resulting in wholesale prices doubling in many markets. Virtual brands can be especially useful in testing new menu items and mitigating supply chain challenges. Virtual Brands are Influencer Magnets.

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Consumer Habits Are Changing — What’s Next for Restaurant Tech?

Modern Restaurant Management

Mobile apps further augment the culinary journey by offering personalized features tailored to individual preferences, such as recommending relevant restaurants in the area and suggesting recipes based on dietary restrictions. Apps tailored to the customer make it easier for all diners to have a more pleasant restaurant experience.