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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.

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How Education Can Attract Workers to QSRs Amid High Turnover

Modern Restaurant Management

In this Q&A, Travis Larrier, Solutions and Strategy Director at InStride, provides insights on how investing in employee education can give a boost to talent acquisition and retention strategies. How are brands using education to attract and retain workers? What impact does a modern approach to workforce education have?

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Cracking the Egg Crisis: Understanding Rising Prices, Supply Chain Solutions, and Strategies for Producers

Modern Restaurant Management

Producers should explore: Gradual facility upgrades to distribute investment costs over time Seeking government grants or financial incentives supporting animal welfare initiatives Educating consumers on the benefits of cage-free eggs to build market demand 3.

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Delivery Fraud: Fighting Scams to Protect Your Restaurant

Modern Restaurant Management

When done on a large scale, this wastes the platform’s marketing budget and eventually leads them to cut down on promotions, slowing order volumes for restaurants. Educate Staff on Fraud Awareness Train staff to recognize and respond to signs of fraud, both in online transactions and in the restaurant itself.

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2020 Database Strategies and Contact Acquisition Survey Report

47% of marketers said they have a database management strategy in place, but there is room for significant improvement. Marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. New tactics to acquire data to reach marketing goals.

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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

Two-thirds of restaurant leaders believe AI or automation will improve their business in each of the 15 areas we asked about, the most popular of which are marketing and promotions (77 percent), inventory management (77 percent), payments (76 percent), menu optimization (76 percent), and staff management (75 percent).

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‘Induction Cooking Improves Food Quality and also the Quality of Life for Chefs and Staff’

Modern Restaurant Management

Last year, the global induction cooktops market was valued at more than $9B, and is expected to surpass $15B by 2032. They are designed to educate culinary and design professionals on electrification, decarbonization, and sustainable kitchen practices. Sales of induction stoves are on the rise in the U.S.,