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Keeping Up with Diners’ Expectations Amid Rising Prices

Modern Restaurant Management

But two non-negotiables have remained strong for diners: convenience and loyalty. Loyalty Reigns Supreme Although consumers may be more selective on where and when they dine out, they still want to frequent their favorite restaurants and access any deals possible. They also want convenience and frictionless digital experiences.

Pricing 193
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How to Write a Restaurant Business Plan [with Sample]

7 Shifts

Download now. Speak to what sets you apart from the pack, what food you'll serve, the service style (fast-food, fast casual, fine dining, etc.) Feel free to copy and paste this entire section into a Microsoft Word file or download the outline sample in Google Docs. Download now. Mission Statement.

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MRM Research Roundup: End-of-May 2021 Edition

Modern Restaurant Management

In addition to the emergence of indoor dining, it explores rising competition between fast food and fast casual restaurant brands with COVID restrictions loosening. “The data strongly signals long wait times are a vulnerability for fast food restaurants as they compete for customers. . Fast food reigns supreme.

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MRM Research Roundup: End-of-September 2021 Edition

Modern Restaurant Management

Intriguingly, it appears fast casual restaurants have started taking back the customers they lost to quick serve restaurants since the pandemic, with consumers visiting fast casual restaurants more often, up to 24 percent from 21 percent in May. App downloads remain strong. Loyalty programs yield repeat business.

2021 144
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MRM Research Roundup: Mid-August 2020 Edition

Modern Restaurant Management

A consumer's brand loyalty was also impacted during recent events, with 33 percent of overall respondents citing an increase in loyalty to the brands they frequented during stay-at-home-orders. This sentiment was most prevalent with millennials, with 43 percent reporting an increase in loyalty.

2020 191
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Use This Example Pizza Business Plan to Open Your Pizzeria

Lavu

Will your restaurant be fast casual or sit down? For tips on creating your menu, download Lavu’s free guide: How to Create a Successful Restaurant Menu. Customer Database & Loyalty Program: Explain how you plan to re-engage customers once they visit your pizzeria. Will you offer delivery or only take out?

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Restaurant Experts’ 2021 Outlook, Part Two

Modern Restaurant Management

With technology at the forefront of restaurant operations, we think there will be an increase in branded mobile apps along with a rise in loyalty programs. According to research from Technomic , 40 percent of Americans took advantage of takeout and curbside delivery (at both fast casual and dine-in) during the pandemic.

2021 229