Modern Restaurant Management

OCTOBER 6, 2022

Happy hours can be a great way to increase foot traffic and boost sales for restaurant and bars. Not only does it attract customers during slow times , but it also boosts sales and encourages people to come back. So, it's important to make sure that your happy hour specials are truly appealing from the price point of view as well.

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Loyalty Program Social Media Point of Sale Customer Experience 199

Perfect Daily Grind

JUNE 4, 2023

Nordic coffee culture has had a huge impact on specialty coffee around the world, with the wide-reaching influence of Scandinavian roasters on sustainable sourcing practices and roast profiles clearly evident in many markets. Back then, however, tea was much more popular than coffee – largely thanks to British colonial influence.

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Influencer Point of Sale Back of House Innovation 128

Modern Restaurant Management

AUGUST 8, 2022

Customers come in many forms, so often the focus is on new customers, but the reality is that repeat, loyal customers are really the starting point. But one thing is a universal truth: Without customers at your tables you will fail. According to Cisco, 96 percent of customers prefer a business that offers free WiFi. Real-Time Offers.

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Loyalty Program Social Media Email Marketing Point of Sale 174

The Restaurant Times

DECEMBER 17, 2021

Since coffee shops need the in-person presence of customers to increase sales, they must develop a strong online presence to woo people and keep them coming back! So, coffee shop businesses need to use their Facebook, Twitter, and Instagram accounts to remind customers to join their loyalty programs and motivate them to build up points.

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Social Media Loyalty Program Merchandise Point of Sale 98

Perfect Daily Grind

JUNE 2, 2023

points at 2023 Cup of Excellence El Salvador competition. Alongside hosting the 2023 China Coffee Championships, a number of exhibitors were present at the event – including Carimali China. The new innovative panel discussion format will debut at PRF Colombia, which takes place on 14 & 15 September 2023 in Medellín.

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2023 Education Workshop 2024 127

BNG Point of Sale

AUGUST 27, 2021

For a barbecue restaurant working an average of three business days per week at a regular location plus one day per weekend at an event, the earning potential could be around $8,600. Based on sales averaging $300/hour for four hours daily and 5k every Sunday (working 3+days), earnings calculate to $34,000 a month. Sales options .

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Point of Sale Loyalty Program Merchandise Customer Service 52

Modern Restaurant Management

APRIL 5, 2022

According to The Wall Street Journal, food prices are estimated to rise on average five percent in the first half of 2022, while other sources point to a seven-percent increase by the end of the year. These challenges include the increase in costs of operations, labor shortages and unpredictable shifts in customer bases. Labor Shortages.

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Restaurant Law Government Outdoor Customer Service 192

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. What specific issues do restaurants face in accounting?

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Cash Management Point of Sale POS Inventory 147

Modern Restaurant Management

DECEMBER 21, 2023

Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights. Click here for the first part and here for the second one. Creators entering more fully into the on-premise business model are becoming better partners for their B2B customers.

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2023 2024 Insurance Employee Relations 120

Restaurant365

AUGUST 6, 2021

Restaurant forecasting leverages historical revenue data, information about current conditions, and knowledge of external events to help project future sales levels. With restaurant restrictions and shifting customer behaviors, restaurants in 2020 and much of 2021 faced fluctuating sales and revenue levels.

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Point of Sale Inventory 2021 Waste 78

Perfect Daily Grind

JUNE 24, 2022

The event will include the Origin Trip Experience (held from 26 to 29 June), the Café Pergamino Barista Jam competition, and the Cold Brew Championship in partnership with Toddy. From each sale of the Colombian coffee, £1 (US $1.23) will be donated to Stonewall. New study finds caffeine consumption can influence shopping behaviour.

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2022 2025 Events Café 135

Single Platform

OCTOBER 24, 2018

SinglePlatform members attended the event to discuss trends and learn more about the current state of the restaurant industry. TechTable Summit celebrated its fourth year with this year’s event execution. At this point, personalization is arguably expected. The TechTable Summit 2018 took place on October 17th. About TechTable.

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Events 2018 Technology Loyalty Program 36

Modern Restaurant Management

MARCH 9, 2022

Events like this not only ruined our entire eating experience, but also prevented us from ordering food from this restaurant for a while. This can happen at any point in the food preparation process, including the packing of meals for takeaway and delivery. Delivery of cold food leads to loss of customer.

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Compost Sustainability Online Ordering Kitchen Safety 204

Get Beyond

OCTOBER 24, 2023

It’s a massive day for making sales. In 2022, an estimated 51 million shoppers participated in the event. Are you ready to make the best of this one-day event? Here’s how to prepare for Small Business Saturday before, during, and after the event. This year, Small Business Saturday falls on November 25, 2023.

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Small Business 2023 Social Media Customer Experience 52

Perfect Daily Grind

DECEMBER 16, 2022

The event, hosted by the Specialty Coffee Association, will be held at the Oregon Convention Centre. For the first time at the event, the Roaster Village will be featured as part of the Expo show floor in the main exhibitor hall. The coffee chain is yet to announce whether the loyalty programme will be publicly available.

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2030 2022 2023 Compost 121

Perfect Daily Grind

FEBRUARY 17, 2023

The new Berlin Rancilio Station will also host workshops and events. Coca-Cola says coffee sales contributed significantly to robust 2022 financial results. Coca-Cola says coffee sales contributed significantly to robust 2022 financial results. Applications are open until 1 July 2023 and the application form is here.

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2022 2023 Cash Management Food Supply 121

Mad Mobile

JUNE 7, 2024

Here are a few points to consider. Data points to mine Bar POS data can offer insights into the psychology behind your customers’ decisions and preferences. Even outdated software can (and should) include general sales reports so you can see which menu items are the most popular at certain times of the day, month, or year.

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POS Bar Loyalty Program Point of Sale 45

Sante

JULY 12, 2020

The interest and sales of Black-owned wineries are up. Business was growing when Long entered a partnership with Bronco Wine National Sales and Marketing in early 2020 to nationally distribute a new white Longevity label. Sunny days are ahead for Black vintners. In 1940 John June Lewis Jr. We welcome all wine professionals to join.”

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Vineyard Point of Sale Social Media Small Business 147

Bingage

DECEMBER 5, 2019

When it comes to building a marketing strategy to increase restaurant business sales , social media and online marketing is an unavoidable element. Related Read: 10 Ideas (Innovative) to Increase Your Restaurant Sales. 93% of consumers admit that online restaurant reviews influence their decisions ( Forbes ).

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Social Media Marketing Consumer Goods Influencer 98

BNG Point of Sale

SEPTEMBER 2, 2021

One of the most profitable types of restaurants is the much-loved food truck that is now a firm fixture at events and on city streets. The margin varies depending on several distinct factors, such as location and type of cuisine served. . As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this: .

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Food Truck Loyalty Program Food Point of Sale 52

Perfect Daily Grind

MAY 10, 2023

From actors and professional athletes to musicians and social media influencers , celebrity endorsements have been a key part of coffee marketing as far back as the early 1980s. points at last year’s CoE Ethiopia. Last week, as part of a collaboration with musician The Weeknd, Blue Bottle Coffee announced its new Samra Origins range.

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Point of Sale 2006 2023 Advertising 138

Bingage

AUGUST 9, 2019

Got my point? We stressed on the point on why restaurant owners should send birthday wishes to customers and came to the following points – A) The priceless tactic in winning over lifetime customers. Leverage a grand local event. Offer Birthday Greetings and Rewards. Get 50% on your family dinner Minimum, 5 people.

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Marketing Social Media Loyalty Program Influencer 73

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

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2024 Loyalty Program Cash Management Customer Experience 212

Single Platform

OCTOBER 24, 2018

SinglePlatform members attended the event to discuss trends and learn more about the current state of the restaurant industry. TechTable Summit celebrated its fourth year with this year’s event execution. At this point, personalization is arguably expected. The TechTable Summit 2018 took place on October 17th. About TechTable.

Events 28

Events 2018 Technology Loyalty Program 28

BNG Point of Sale

JULY 16, 2021

To make the most of restaurants or catering businesses, you’ll need to answer some vital questions and know how much volume the business can generate in sales as monthly revenue, and at any given time. Most average restaurant revenue statistics reflect pre-COVID sales numbers. What Is Restaurant Revenue?

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Point of Sale Seasonal Menu Cash Management Fine Dining 52

BNG Point of Sale

JULY 30, 2021

There is not much point in the parking next to another truck selling the same product as you. . The unique selling point of your food is that it is phenomenally delicious. . Guide on the Food Truck Business and How to Increase Profits . You intend to start a food truck business, correct? The food truck industry was valued at $856.7

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Food Truck Food Point of Sale Online Ordering 52

The Restaurant Times

MARCH 6, 2023

As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. Read along!

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Food Truck Point of Sale Employee Relations Equipment 52

7 Shifts

MAY 23, 2024

This proves that any restaurant business owner who wants to survive in this economy should be open to trying unconventional sales strategies to attract customers and continue making a profit. That said, we've compiled some of the best techniques for increasing restaurant sales and taking your business to new heights.

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Social Media Loyalty Program SEO Email Marketing 195

Lavu

NOVEMBER 18, 2022

An idea to open a pizzeria is just an idea until you put your plan on paper. If you’re ready to turn your dream of opening a pizza restaurant into a reality, here is an example of a pizza business plan to help you get started. Use the ebook and example pizza business plan to get ready to open your new business. How much space do you need?

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Loyalty Program Download Document Point of Sale 78

Restaurant365

JUNE 9, 2021

After all, it’s hard to improve a metric if you don’t know your starting point. A new customer may book a reservation or an event, which means the customer will receive confirmations and reminders. Every step of this process, from the beginning to end, influences how a customer perceives your restaurant.

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FOH BOH Front of House Back of House 78

Rocket Fuel

DECEMBER 9, 2022

Speed of service (SoS) may be one of the most important metrics your QSR restaurants track—Its influence on other facets of your business is undeniable. Generate accurate sales forecasts Forecasting accurately is the number one key driver to ensuring your locations are staffed properly for busy spikes throughout the week and days.

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2024 Point of Sale Customer Service Seasonal Menu 52

Rocket Fuel

DECEMBER 9, 2022

Speed of service (SoS) may be one of the most important metrics your QSR restaurants track—Its influence on other facets of your business is undeniable. Generate accurate sales forecasts. Your current sales trend or average, which is typically built into your schedule-building software, but not always. The weather forecast.

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2023 Point of Sale Customer Service Seasonal Menu 52

7 Shifts

MARCH 27, 2020

Consider things like merchandise sales, inventory sales, or private cooking lessons. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. In some areas, they are even being legally required to do so.

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Social Media Restaurant Law Employee Relations Communication 312

Modern Restaurant Management

JUNE 3, 2021

This edition of MRM Research Roundup features What Feeds Us, top delivery apps, popular drinks and who is winning the chicken wars. The State of What Feeds Us. Bluedot released the fourth installment of its State of What Feeds Us report which has kept tabs on consumer behavior and restaurant habits throughout the course of the pandemic. Drive-Thrus.

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2021 Fast Casual Mobile Ordering Guest Recovery 186

Modern Restaurant Management

JANUARY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features a gloomy start to the new year, dining trends for 2020, the importance of discounts, holiday gift card sales results, delivery frustrations, soda curiosity and a consumer culture report. Same-store sales growth was -2.1

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2020 Point of Sale Online Ordering Consumer Goods 92

The Restaurant Times

APRIL 21, 2021

A unique brand name, logo, and caption attracts customers, which is why you need to know your food truck’s Unique Selling Point (USP). The truck design also plays a role in communicating the unique selling point of your business. The idea of food trucks is gaining traction worldwide. If you wonder – “How?”

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Food Truck Food Social Media Seasonal Menu 59

Ken Burgin

FEBRUARY 13, 2024

They may not be asked openly, but they will influence whether the applicant wants the job or not. Are there opportunities for further training, or to attend workshops and events? Information on whether the restaurant invests in professional development or allows staff to participate in industry events can be a strong draw.

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Front of House Tip Distribution Kitchen Safety Customer Service 78