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 187

Open for Business

JANUARY 26, 2023

Even the most creative restaurant promotion ideas won’t increase sales if they’re poorly planned and executed. Before launching any new menu promotion idea, it’s a good idea to go back to basics and get clear a few basic points first. The trick is making sure the tactic boosts sales instead of cutting into revenue.

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2023 Loyalty Program Social Media Seasonal Menu 122

Modern Restaurant Management

OCTOBER 6, 2022

Happy hours can be a great way to increase foot traffic and boost sales for restaurant and bars. Data reveals that bars with happy-hour programs had an average increase in revenue of 26 percent during happy hours. Not only does it attract customers during slow times , but it also boosts sales and encourages people to come back.

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Loyalty Program Social Media Point of Sale Customer Experience 203

Chowly

FEBRUARY 23, 2024

The restaurant industry’s optimism rests on customer loyalty, with 9 in 10 consumers considering dining out an essential lifestyle choice. While restaurant sales are predicted to rise in 2024, high operational costs will limit profit margins. trillion in sales for 2024 signals strong economic activity.

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Bingage

JULY 18, 2023

Confused about How to increase e-commerce sales ? Starting an online business is easy but the most difficult part is getting customers and increasing sales. You are here reading this blog means you are looking for ways to increase e-commerce sales. You’re at the right place!

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Loyalty Program Email Marketing Social Media SEO 69

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. In addition, it’s important to remember that while your profit may be in dollars, your profit margin is your profit expressed as a percentage of sales.

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Loyalty Program Fast Casual Point of Sale Online Ordering 183

Bingage

JULY 18, 2023

Confused about How to increase e-commerce sales ? Starting an online business is easy but the most difficult part is getting customers and increasing sales. You are here reading this blog means you are looking for ways to increase e-commerce sales. You’re at the right place!

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Loyalty Program Email Marketing Social Media SEO 61

Modern Restaurant Management

OCTOBER 4, 2021

The data also points to a broken customer arrival experience. Consumers ranked local chains as their second most desired type of apps and loyalty programs. The edition of MRM Research Roundup features what feeds us, drive-thru drama, a Tik Tok survey on restaurants and the best cities for beer. The State of What Feeds Us.

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2021 Fast Casual Mobile Ordering Social Media 170

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! Showcase Customer Loyalty Programs. Giving attractive perks to your repeat customers is a great way to drive loyalty and satisfaction. Source: ClassyWish.

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Social Media Loyalty Program Merchandise Point of Sale 98

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

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2022 Mobile Ordering Guest Recovery Point of Sale 215

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully.

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7 Shifts

JULY 16, 2021

We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. They are places where friends and family gather, where ideas are formed and spread, and where important work gets done. At their best, they're an essential part of their community—a third place beyond work and the home. Table of Contents.

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Squirrel Systems

MAY 25, 2021

From its origins as a cash register in the late 1900s – capable of simply recording sale amounts and summing up total sales for a day; the point-of-sale (POS) system has evolved into a sophisticated restaurant management system – that does much more than simply recording transactions!

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POS Loyalty Program Cash Management Point of Sale 52

Apicbase

FEBRUARY 29, 2024

Restaurant sales in the US grew from $842.3 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Let’s dig in. billion by 2030.

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Black Box Intelligence

APRIL 12, 2023

As we highlighted in our recent restaurant sales and traffic trends report , February’s results still benefited from easier laps because of the COVID-19 spikes early in 2022, but it was significantly lower compared to January, foreshadowing possible future challenges. The obvious question is how. Looking at the Numbers This year, U.S.

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Modern Restaurant Management

APRIL 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3

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2020 Fast Casual Point of Sale Online Ordering 196

BNG Point of Sale

SEPTEMBER 2, 2021

The margin varies depending on several distinct factors, such as location and type of cuisine served. . Understanding profit margins is a vital skill to the success of any restaurant business and common restaurant operations. As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this: . 30% food costs .

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Food Truck Loyalty Program Food Point of Sale 52

Kounta

DECEMBER 16, 2019

As the holiday season hits full swing, it will bring with it new customers and a boost in sales. Loyalty program. Capture new customers’ details with a loyalty program. Starting a loyalty program incentivises new customers to give you their information and it’s a great opportunity for you to grow your database.

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Loyalty Program Email Marketing Customer Service Point of Sale 90

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

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

Clover - Restaurants

MARCH 8, 2024

Are there workflows you can automate, such as inventory management , within your restaurant point-of-sale system ? You can also study trends in consumer preferences to see if what you offer is increasing in demand, such as plant-based food in a location where there aren’t a lot of options. Evaluate the competition.

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Loyalty Program Small Business Point of Sale POS 52

The Restaurant Times

JANUARY 30, 2022

Marketing With Influencers . Approximately 92 percent of respondents believe influencer marketing is an effective kind of marketing, according to the 2019 Influencer Marketing Benchmark Report. Selecting an influencer for your company is similar to selecting a marketing partner. Search Engine Optimization.

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Innovation Marketing Loyalty Program Social Media 52

Focus POS

NOVEMBER 19, 2019

That means that online reviews are a huge influence on your restaurant marketing. Loyalty programs are an easy way to improve your restaurant marketing strategy for current customers. When you are looking to try a new restaurant, what’s the first thing you do? Chances are, you’ll be turning to Google. Then, encourage reviews.

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2020 Marketing Loyalty Program Email Marketing 74

BNG Point of Sale

AUGUST 27, 2021

Based on sales averaging $300/hour for four hours daily and 5k every Sunday (working 3+days), earnings calculate to $34,000 a month. While the annual sales of the BBQ restaurant segment have grown to a whopping $4.0 An event for 50 people can bring in $500 based on an average sales price of $10 per serving. Sales options .

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Point of Sale Loyalty Program Merchandise Customer Service 52

Touch Bistro

MAY 31, 2021

And when your restaurant CRM integrates with your other tech, like your restaurant POS system , you gain access to powerful information that can help inform business decisions, personalize service, improve your loyalty program, and keep customers coming back for more. As a restaurateur, you’re not only in the business of food.

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Loyalty Program Dietary Restrictions Customer Experience Customer Service 52

Mad Mobile

FEBRUARY 16, 2024

This shift from pen and paper to digital interaction not only streamlines the dining experience but also opens up a treasure trove of marketing opportunities, from promoting email signups to loyalty programs to seamlessly gathering online QR code payments. Fortunately, working with them is simple. What is a QR code? Absolutely not.

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Ordering Loyalty Program Social Media Mobile Ordering 40

Modern Restaurant Management

DECEMBER 21, 2020

That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry. That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry. Here are their responses. Click here for part one. million meals in just six weeks.

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2020 Kitchen Safety Food Safety Loyalty Program 197

Bingage

AUGUST 9, 2019

Got my point? Birthday rewards and freebies are parts of a restaurant loyalty program , for loyal customers to keep maintaining a relationship with them. Healthy customer relationship provides high paid value customers, Sending birthday offers to customers increases customer loyalty. Offer Birthday Greetings and Rewards.

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Marketing Social Media Loyalty Program Influencer 73

Bingage

OCTOBER 5, 2019

Provide a real-time report of sales, customers, expenditure and revenue. The customer loyalty program provides valued customers. New restaurants are coming up every day, from food truck business to fine dining to cafes and to theme-based restaurants, options are uncountable. Strategical planning. Financial planning.

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Loyalty Program Social Media Cash Management Seminar 74

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 Loyalty Program 52

Squirrel Systems

FEBRUARY 24, 2021

For restaurants, staying resilient amid the challenges of doing business under pandemic restrictions meant quickly adapting to new customer dining preferences; making strategic changes to operations, and adding resources to expand service offerings that drove sales.

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2021 Operations Loyalty Program Mobile Ordering 52

Lavu

FEBRUARY 12, 2020

Gourmet and artisanal ice cream prevailed in 2016, globally-inspired ice cream flavors influenced 2017 shop owners, wacky ice cream flavors were trending in 2018, and in 2019, creative ice cream vessels appear to be the new hot trend (like Booyah’s ice cream taco ). Track the Best-Selling Flavors.

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Point of Sale Employee Relations Customer Service Loyalty Program 78

Lavu

MARCH 27, 2020

There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS). The point is that restaurants and dining habits have changed dramatically in the past two centuries. Think of them as the real-life version of those house robots from ’80s movies.

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Modern Restaurant Management

FEBRUARY 10, 2020

broadline foodservice sales of plant-based meat have grown 37 percent in the past year. Despite skyrocketing demand for plant-based food across the U.S., 42 of the country’s favorite fast food and restaurant chains still don’t offer a plant-based entrée, according to a report released today by The Good Food Institute (GFI).

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Hospitality Food Consumer Goods Point of Sale 183

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 189

Restaurant365

JUNE 9, 2021

After all, it’s hard to improve a metric if you don’t know your starting point. Every step of this process, from the beginning to end, influences how a customer perceives your restaurant. By figuring out how the first experience went, you can set up successful loyalty and retention activities.

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Touch Bistro

JULY 15, 2021

31 Restaurant Marketing Ideas to Boost Sales. The challenge is, restaurant marketing and promotions can take many forms, and not every strategy will resonate with every diner. As a result, it’s important to test out different types of restaurant marketing ideas and trends to see what resonates most with your target audience. Download Now.

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Marketing 2021 Email Marketing Social Media 77