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Restaurant Loyalty Programs to Boost Revenues

Cheetah

Restaurants, retailers and airlines have been using loyalty programs to drive revenue for nearly three centuries. From their humble, though ingenious, beginnings as copper tokens and stamps, through the era of credit card clubs, to today’s mobile apps, loyalty programs have become indispensable marketing tools.

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The Rise of Exclusivity: VIP vs Traditional Discounting

Modern Restaurant Management

Offering discounts to incentivize customers to enroll and engage with loyalty programs has been a common practice in the restaurant industry for years. But rapidly rising labor and food costs over recent months has heightened pressure on already tight restaurant margins.

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5 Restaurant Loyalty Program Ideas to Reward Customers

Touch Bistro

Did you know that implementing a restaurant loyalty program is one of the best ways to incentivize repeat business? In an industry that’s so closely tied to fluctuations in the economy and consumer behavior, restaurants depend on customer loyalty for survival. Benefits of a Restaurant Loyalty Program.

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Improve Your CX and Reduce Operating Costs with a Simplified Payments Strategy

Modern Restaurant Management

Can they order goods or services from their phone? Will you deliver the drinks, food, or services to their location on your property? They expect payment-related rewards and loyalty programs every time they transact. Consumers want the freedom to use digital wallets and cryptocurrency payments from their mobile devices.

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Could Surge Pricing Actually Make Fast Food Better?

EATER

Fast food chain Wendy’s has announced plans to test “dynamic pricing” at its locations across the country, beginning in 2025. The changes come at an interesting time for the fast food industry, especially when it comes to cost. If so, you’re in luck! Surge pricing is, of course, not new. restaurants.”

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Inflation is Changing the Ways Restaurants Operate

Goliath Consulting

Inflation impacts restaurants in a variety of ways, but it hits them hardest in basic food costs. According to the report, the largest 12-month increases in food costs were in meats, poultry, fish and eggs, which rose 12.2 However, consumers tend to be motivated to spend money for rewards, such as restaurant loyalty programs.

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4th of July Specials for Restaurants: Promotions and Ideas for 2021

Touch Bistro

With orders expected to surge on July 4th, make sure you have the right equipment and restaurant technology to safely accommodate big groups or process more online orders. A mobile POS that you can take tableside to capture customer orders. . Equipment and Technology. Delivery is big business for restaurants right now.

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