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

Modern Restaurant Management

Whether you own or operate a bar, restaurant, hotel, resort, casino, or sports venue, your ability to control costs and deliver a satisfying CX depends on many factors. They expect payment-related rewards and loyalty programs every time they transact. What is your payments strategy?

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Hotels, for example, can yield net margins of around 10%. You may wish to also offer delivery, take reservations, and/or sell merchandise. Develop a guest loyalty program Small rewards for repeat visits can turn occasional guests, into loyal guests. What’s a Good Profit Margin for Your Restaurant?

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Merch Madness

EATER

Carolyn Figel Branded restaurant merchandise has become a shorthand for selfhood. I need a 12-step program for tote bags. And there are collabs, too: totes from Baggu x Mr. Jiu’s , Baggu x Russ & Daughters , and Russ & Daughters x Ecco ; shoes from Rubirosa x Fila , a Carlyle hotel x D.S. How did we get here?

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Hotels, for example, can yield net margins of around 10%. You may wish to also offer delivery, take reservations, and/or sell merchandise. Develop a guest loyalty program Small rewards for repeat visits can turn occasional guests, into loyal guests. What’s a Good Profit Margin for Your Restaurant?

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MRM Research Roundup: Mid-November 2020 Edition

Modern Restaurant Management

More than 27 percent of Americans have not used cash to pay for food, beverages, merchandise, or services since Covid-19, and 77 percent will prefer contactless payments even after the pandemic ends. In fact, 44 percent Americans said convenience was the most important factor for ordering and paying for food and merchandise with their phone.

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Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

PopID accounts also tie to loyalty programs for automatic credit with every purchase. launched US Foods Ghost Kitchens, a program designed to guide restaurant operators every step of the way when opening their own operation, helping them easily add a new revenue stream. They both went through a management training program.

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Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

Since its inception in mid-March, more than 500 restaurants around the world have joined the program and are reporting sales ranging from several thousand dollars to up to $60,000. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When