ChowNow

JULY 25, 2025

It compares how much you spend on marketing channels, like: Ads Email Tools Promos Social Media Signage and In-Store Marketing Influencer Partnerships —to how much extra revenue those efforts generate. To get the actual net profit, you need to subtract costs like inventory, labor, and marketing spend.

Marketing

The Rail

DECEMBER 2, 2024

Today, more than ever, restaurants are turning to custom-built apps to improve convenience, streamline operations, and foster customer loyalty. Building a food delivery app for your restaurant can help you expand your reach, streamline operations, and foster customer loyalty. Inventory management to keep track of stock levels.

Delivery

ChowNow

MAY 23, 2025

Factors that influence your profit margins Several things determine how wide or narrow your restaurant profit margins can be: Location: Rent in a prime downtown spot can devour your net profit. An enticing loyalty program can encourage repeat visits and keep your loyal customers coming back without paying high commission fees.

Point of Sale

ChowNow

MAY 9, 2025

Factors like portion size, seasonal ingredients, and market price changes all affect this number, which is why inventory management and regular updates to your recipes and pricing matter. This includes your social media ads, loyalty programs , printed flyers, local event sponsorships, discounts, and PR.

Operations

Modern Restaurant Management

JANUARY 31, 2025

The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board.

Marketing

Lavu

APRIL 25, 2025

How POS data improves customer loyalty isnt just a trending topic its a strategic advantage for modern restaurants. By capturing real-time insights into customer behavior, preferences, and spending habits, POS systems empower restaurants to deliver personalized experiences, reward loyalty, and increase repeat visits.

POS

Lavu

JULY 4, 2025

But automation doesn’t stop at order management – it also tackles inventory challenges. Smart Inventory Management Smart inventory systems are game-changers for keeping operations running without interruptions. Smart inventory systems provide detailed usage data, which can strengthen supplier negotiations.

2025

Rocket Fuel

NOVEMBER 19, 2024

Back-of-House (BOH) Systems: BOH platforms offer streamlined inventory management, staff coordination and kitchen operations tracking. How you treat guests: As you track customer behavior and preferences, use that data to personalize loyalty offerings, determine who gets priority, and accommodate preferences noted during a previous visit.

Operations

Modern Restaurant Management

MARCH 4, 2025

Parents of young children are the most influenced, with many saying a playground makes a restaurant feel more family-friendly. ” Swonger noted that higher interest rates also impacted the three-tier supply chain with wholesalers and retailers continuing to deplete inventory build ups and cautiously restock products. ”

Delivery

Modern Restaurant Management

APRIL 1, 2025

Nearly half (47 percent) of diners say they engage with loyalty programs at least once a week, up significantly from just 34 percent in 2023. To improve retention, operators are focused on technology that delivers structured onboarding programs, leadership development, and real-time feedback tools.

Pricing

Modern Restaurant Management

NOVEMBER 1, 2024

Turning Tides: Restaurants Continued Navigativating Inflation In response to inflation, operators said they: adjusted food suppliers (37 percent), tracked ingredient prices (36 percent), increased menu prices (34 percent), managed a leaner inventory (32 percent), and reduced their menu sizes (26 percent). The average ticket size grew by 2.6

Point of Sale

Modern Restaurant Management

DECEMBER 17, 2024

From inventory management to predictive labor scheduling, AI tools will help restaurants cut costs and adapt in real-time, while providing operators valuable data to help inform business decisions. This is why it’s essential that operators invest in comprehensive training programs and foster a positive work environment.

2025

Paper Chase Accountancy

JULY 10, 2025

It involves a systematic process of understanding, anticipating, and influencing consumer behavior to maximize income, especially for perishable inventory like hotel rooms or airline seats. Weather and Local Events: Major concerts, conventions, or adverse weather can all influence pricing. a standard room vs. a suite).

Hospitality

Modern Restaurant Management

JANUARY 8, 2024

Other advancements include: integrating data from various sources, including social media, reviews, and loyalty programs, to gain a holistic view of customer behaviour as well as as well as the implementation of real-time analytics for immediate insights into customer behaviour and preferences. Nothing is fraud proof.

2024

Modern Restaurant Management

AUGUST 24, 2021

Finally, they should understand inventories of their highest and lowest margin items and produce incentives accordingly. They should understand a customer’s lifetime value. Third, they should understand fundamental processes in testing and optimization.

Marketing

Modern Restaurant Management

DECEMBER 21, 2022

Slow movers tie up inventory -and the cash needed to by that inventory. Expand Customer Loyalty : This year, many restaurants didn’t necessarily see a drop in topline sales, but instead suffered drops in visit frequency. – Richard Patrick, Co-Founder of Cathead Distillery.

2023

Modern Restaurant Management

DECEMBER 21, 2022

As mentioned before, this expands the need for loyalty programs, and also demands an agile technology stack that can go where customers are, as well as bring customers in. Loyalty will continue to get more personal and less transactional. Gamification will play a larger role in driving brand loyalty.

2023

Modern Restaurant Management

FEBRUARY 18, 2020

Table stakes today requires a POS system that fully integrates and automates: Inventory management – recipe management and COGS insights. Times have certainly changed for the everyday restaurant owner as hyper-connectivity and busy lifestyles continue to influence consumer behavior and where society eats. Reduce theft.

Mobile Ordering

Modern Restaurant Management

JANUARY 2, 2024

The data collected will help create future strategies to identify customer preferences influencing a company's sales and marketing strategies. Looking specifically at 2024, AI's influence on restaurant payments is expected to grow, with applications such as predictive ordering and personalized promotions taking center stage.

2024

Restaurant365

FEBRUARY 25, 2020

Your restaurant profit margin can be influenced by food and inventory trends, your geographic location, the state of the broader economy, and a wide range of other factors. Cost of goods sold (CoGS) refers to the total cost of the inventory used to create food and beverage items during a specific period of time.

Loyalty Program

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. Stay tuned for 7shifts’ very own relief program!

Social Media

Modern Restaurant Management

JUNE 12, 2020

Through this program, Dunkin’ franchisees have the opportunity to offer their restaurant employees an affordable, flexible and supportive pathway to an associate or bachelor’s degree from SNHU. Taffer’s Tavern has its eyes set on bringing its bar fare andbeverage program to D.C. ” Showing Support. .”

Franchising

7 Shifts

JULY 16, 2021

A common way for coffee shops to get financed is through business loan programs. Planned marketing strategies: Will you have a loyalty program? Keep in mind that every coffee shop is going to be different, influenced by its location, size, and target market. Partner with influencers to spread the word about your business.

License

Focus POS

JANUARY 15, 2020

The first step to understanding the true ROI from a restaurant POS system is to determine quantifiable factors that are influenced by the POS. Tighter inventory control. Inventory Tracking. Aside from your labor, your inventory is one of your largest expenses. These could include things like: Speedier checkout.

POS

The Rail

NOVEMBER 10, 2023

For example, using a campaign type like Google Performance Max can help you utilize Google's machine learning to optimize your campaigns across all Google ad inventories, ensuring you reach potential diners wherever they are online. Consider Collaborations Partner with influencers or local businesses for joint promotions.

Advertising

The Rail

AUGUST 8, 2024

A typical restaurant’s revenue is influenced by several factors, including location, menu pricing, and customer turnover. A payment processor with advanced features like customer profiles, integrations, and loyalty program functionality can help you build stronger, and more profitable, relationships with your patrons.

Loyalty Program

7 Shifts

MAY 23, 2024

Once in your customers' hands, this piece of paper can directly influence what your diners order and how much they spend in one sitting. It can also be a great step to creating more accurate inventory management! Implementing a loyalty program is a great way to thank them for staying loyal to your business.

Social Media

The Rail

JULY 5, 2024

Cost Control and Inventory Management In the restaurant industry, cost containment and inventory management are critical to sustaining profitability. Use inventory management systems to keep tabs on consumption trends, keep track of inventory levels, and reduce loss.

Management

Modern Restaurant Management

MAY 12, 2020

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 program is inventive and very attractive to our guests." franchisees for use in their restaurants.

Mobile Ordering

Lavu

NOVEMBER 27, 2024

Here are the 7 must-have POS features that can transform your business: Inventory Tracking : Reduce food waste by 10% with real-time stock management and automated alerts. Loyalty Programs : Increase repeat visits by 42% and average check size by 28% with personalized rewards. Let’s dive deeper into each feature.

POS

Restaurant365

NOVEMBER 19, 2019

Managing complex, rotating inventory. Restaurant inventory management involves a large number of moving pieces, many of which are “temporary” compared to other retail businesses. Ingredient costs are one of a restaurant’s largest expenses and managing inventory accurately can be difficult.

2020

The Restaurant Group

JULY 25, 2024

But how do you earn their loyalty? Factor in stellar customer service and top-tier loyalty programs, and you’ll unlock more than a 25% increase in profit, with only a 5% boost in customer retention. They’re responsible for the entire experience, and can thus influence customers’ perception of service quality.

Hiring

Restaurant365

APRIL 1, 2021

For multi-unit restaurant operators, your store-level restaurant manager is one of the greatest influences on an individual location’s performance. From hiring and managing staff to inventory management and the guest experience, your store-level managers hold the key to your restaurant group’s success.

Management

Squirrel Systems

MAY 25, 2021

Examples of extended functionality include adding online order processing from third-party delivery platforms, delivery, and loyalty and gift cards to your POS. Inventory management software makes it easy to do so right from your restaurant POS. We look at this more deeply in the next section.

POS

Bingage

SEPTEMBER 26, 2019

Artificial Intelligence (AI) refers to programs which are designed to perform a particular task by responding to real-time events. Because AI programs can change depending on their context, they tend to simulate according to human behaviour. AI linked to POS determines inventory usage which helps in stock control.

Loyalty Program

Lavu

NOVEMBER 18, 2022

List media outlets in your area along with stories to pitch to nearby news stations, print publications, blogs, and social media influencers. Customer Database & Loyalty Program: Explain how you plan to re-engage customers once they visit your pizzeria. What charities will you support? What local events will you sponsor?

Loyalty Program

OneDine

AUGUST 12, 2024

It’s the heart of operations, processing orders, managing payments, and providing crucial data that can influence future decisions. The Offensive Line: Kitchen Display Systems and Inventory Management The offensive line’s job is to protect the quarterback and ensure the play develops smoothly.

Technology