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Value Is the New Battleground for Loyalty

Modern Restaurant Management

Among the report highlights: Cost-conscious diners are rolling back their spending, not cutting it out: 45 percent of surveyed diners report they are visiting restaurants less often due to rising prices, with nearly half saying they’ve decreased their dining-out budgets in the past six months. Have guests’ needs changed?

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Maintaining Humanized Interactions in Digital-First Business Environment

Modern Restaurant Management

Nevertheless, while self-service POS systems or AI-enabled customer service chatbots can definitely help in achieving better operational efficiency, these solutions can often feel cold or disconnected. Take Amazon, for example. In many cases, they’ve basically taken people out of the equation almost entirely.

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Average Restaurant Profit Margins: What They Are And How to Improve Yours

ChowNow

A spike in food costs, a drop in sales volume, or one slow season can wipe out months of hard work. Thats what you actually take home. You can pull in millions of dollars a year and still struggle to stay open if your costs are out of control. Without it, one bad month can wipe out three good ones.

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Four Ways to Improve Your Gluten-Free Marketing Campaigns

Modern Restaurant Management

Demand for gluten-free products continues to grow, with 15 percent of consumers surveyed looking for gluten-free options when dining out, according to a 2020 report by market research firm Mintel. Simply mentioning that you offer a gluten-free menu in your marketing materials is one easy step you can take. Take to the Camera.

Marketing 452
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Seven Top Restaurant Marketing Ideas And Trends

Modern Restaurant Management

Providing top-quality food and service should remain your restaurant’s foremost priority, but you also need to get the word out and attract new customers. A quick look at your POS data will identify the top three selling items on your menu. Train your staff to build other taking points. Net result?

Marketing 567
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Artificial Intelligence’s Impact on the Restaurant Industry

Modern Restaurant Management

To evaluate future sales, restaurant owners carry out a sales forecasting process. For more accurate sales reports, restaurant owners must take the help of technology and artificial intelligence can be a helpful tool for predictions. How will AI use in the restaurant industry continue to evolve? Sales Forecasting.

Inventory 517
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10 KPIs for Online Food Delivery Every Restaurant Needs

ChowNow

Order Acceptance Time Order acceptance time measures how long it takes for a restaurant to acknowledge and confirm an online order. The longer it takes for a restaurant to accept an order, the later the kitchen starts preparing it, which pushes back the pickup time for drivers and extends the overall delivery window.

Delivery 195