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Restaurant Marketing Has Evolved: Unlock the Preferences of the Modern Customer

Modern Restaurant Management

2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. But, according to the same report, about 40 percent of consumers agree that with rising grocery store prices, it’s not necessarily cheaper to eat at home.

Marketing 190
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How to Drastically Cut Expenses in Your Restaurant (and Stay Profitable During COVID-19)

7 Shifts

However, it is often overlooked by restaurateurs as a source of optimization. Under this new paradigm you would not need FOH staff and may only need a few BOH staff. Your prices – Last, but surely not least, are your prices. If you need to increase your profits, the quickest thing to do is raise prices.

BOH 368
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Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady. Younger generations are willing to pay higher prices for healthy meals specifically tied to buzzwords such as GMO-free, all-natural, or organic.

2022 215
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5 Strategies You Can Use to Rebrand Your Restaurant while Maintaining Market Recognition

The Restaurant Times

Gather information from as many sources as possible to help you maximize your rebranding efforts and reduce your risk of losing customers. Pay attention to rising food prices and changing government regulations. As the FOH staff spends the most time with the customers, they will naturally be hearing direct feedback from customers.

Marketing 104
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The Impact of Restaurant Tablets on Table Turnover and Revenue

Mad Mobile

Dynamic pricing strategies Most restaurants and bars use digital menus because of their flexibility. Restaurant tablets and kiosks allow for dynamic pricing that changes based on your needs. If your chef is running an in-demand special, you can easily adjust the price or remove it from the menu when it’s sold out.

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How to Survive Your Business Operations in The Competitive UAE Restaurant Industry

The Restaurant Times

While a poor location does not generate enough customer footfall, prime locations come at a high price. Take reviews and references from multiple sources and analyze the market to understand the spending habits of people frequenting the target location. Restaurants may not be able to cover the costs or tend to overspend. .

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9 Top Restaurant Technologies To Evolve Your Business

7 Shifts

TouchBistro: Comprehensive POS and restaurant management system supporting FOH, BOH, and guest engagement. Examples of restaurant inventory management software XtraChef by Toast : Automated financial and operational management tools for restaurants that deliver price fluctuation alerts, gross margin variances, and other operational tools.