7 Shifts

APRIL 3, 2020

Utilities At first glance, utilities might not seem like something you can control, but you have a lot of options to influence the amount you pay on restaurant utilities. However, it is often overlooked by restaurateurs as a source of optimization. Your prices – Last, but surely not least, are your prices.

BOH 368

BOH POS Influencer Point of Sale 368

Modern Restaurant Management

JANUARY 30, 2024

Typical restaurant KPIs involve monitoring costs around food, labor and supplies, pricing adjustments, table turnover rates during peak periods, customer wait times, promotion effectiveness, brand sentiment on review sites, and training completion rates. What kind of decision authority are you expecting in return for capital investments?

Leadership 204

Leadership Small Business Cash Management Customer Experience 204

Modern Restaurant Management

AUGUST 31, 2023

That will make them feel like a relationship with you as a source is worth it. Leverage Influencer Marketing Influencer marketing is the other potential goldmine you cannot ignore. Many are using influencers to get their messages across. Influencers have thousands to millions of followers.

Social Media 154

Social Media Email Marketing Influencer Events 154

Perfect Daily Grind

APRIL 4, 2023

This helps to elevate the quality perception of your coffee, and shows that you’re going the extra mile [when sourcing].” He explains that most specialty coffee brands want to demonstrate that they source and purchase their products fairly and sustainably. Pedro is the General Manager at Pergamino Coffee in Colombia.

Consumer Goods 144

Consumer Goods Sustainability Email Marketing Café 144

ChefMod

OCTOBER 20, 2021

Food costing solutions eliminates the dull, tedious manual work associated with food costing and pricing processes. Unlike manual entries, an automated food pricing and costing process enable you to carry out detailed analytics. You no longer need to spend valuable time sourcing and vetting new suppliers.

Catering 52

Catering 2022 Pricing Food Supply 52

Typsy

OCTOBER 19, 2020

To talk us through it, guest contributor Kate MacDonnell writes about the different factors that influence coffee bean taste, price, and sourcing, so you can make the best decision for your venue.

Influencer 128

Influencer Customer Experience Sourcing Pricing 128

7 Shifts

JULY 16, 2021

Sourcing Equipment. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! Expected menu prices. Source: Smart Draw. Sourcing Equipment: Should You Buy, Lease, or Rent? Obtain Funding.

License 459

License Hiring Equipment Point of Sale 459

Future Food

NOVEMBER 7, 2021

As we have endured the past 18 months of the pandemic it is not accurate to say that Covid-19 has influenced the trends we will see and experience in the near future, as many trends were already starting to gather momentum, the pandemic has however accelerated their inevitability.

2022 148

2022 Food Supply Entertainment Hospitality 148

Modern Restaurant Management

APRIL 14, 2022

At first glance, factors influencing where to grab a quick bite to eat may seem different from those behind buying a new pair of shoes. Yet they share a similar objective – influencing and serving customers wherever they are and with whatever they want. And happier, more engaged employees tend to stay at the job longer.

Retail 190

Retail Customer Experience Online Ordering Point of Sale 190

Modern Restaurant Management

MAY 17, 2023

As one of the largest generations of consumers, they continually influence the ways restaurants innovate, and there are identifiable characteristics that differentiate Gen Z consumers from their older counterparts. Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees.

Loyalty Program 190

Loyalty Program Mobile Ordering Social Media Customer Experience 190

Future Food

JANUARY 19, 2021

In much the same way as a region’s property prices are influenced by the most expensive suburbs, restaurateurs throughout the Sydney metropolitan area have to base their establishments on the significant hospitality offer in the core. Furthermore, prices and standards are sustainable by higher density of high incomes.

Food Supply 158

Food Supply Influencer Entertainment Dine-in 158

Modern Restaurant Management

APRIL 5, 2022

According to The Wall Street Journal, food prices are estimated to rise on average five percent in the first half of 2022, while other sources point to a seven-percent increase by the end of the year. This estimate will likely be well under the price jump as fuel costs continue to rise. Increase in Costs.

Restaurant Law 198

Restaurant Law Government Outdoor Customer Service 198

Modern Restaurant Management

SEPTEMBER 1, 2023

Integration between the POS and inventory management software allows inventory to be managed from end-to-end by automating steps such as tracking recipes, uploading invoices and auto-updating item prices. Using a tool like a food waste log can help managers record sources of waste at the time it happens for analysis later.

Inventory 180

Inventory Management Management Cash Management 180

Perfect Daily Grind

MAY 10, 2023

From actors and professional athletes to musicians and social media influencers , celebrity endorsements have been a key part of coffee marketing as far back as the early 1980s. For this price, the coffee also comes with a collectible booklet featuring original Samra Origins artwork.

Point of Sale 138

Point of Sale 2006 2023 Advertising 138

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. From emphasizing locally sourced ingredients to exploring global flavors, restaurants are tuning in to their city's vibrant gastronomic evolutions.

2024 216

2024 Loyalty Program Cash Management Customer Experience 216

Modern Restaurant Management

DECEMBER 1, 2021

But a financial manager’s role is more directed toward using the accounts data to influence the direction of a business. This doesn’t mean you should cut corners by bringing in the lowest-priced contractors. There will be items your contractor will be able to source for you at trade prices.

Front of House 203

Front of House Back of House Customer Experience Equipment 203

Perfect Daily Grind

JUNE 4, 2023

Nordic coffee culture has had a huge impact on specialty coffee around the world, with the wide-reaching influence of Scandinavian roasters on sustainable sourcing practices and roast profiles clearly evident in many markets. Back then, however, tea was much more popular than coffee – largely thanks to British colonial influence.

Influencer 128

Influencer Point of Sale Back of House Innovation 128

EATER

JANUARY 10, 2024

Bloom has earned an outsized place in the world of social media, dominating TikTok and Instagram feeds thanks to the countless influencers it works with. It’s available in six different flavors, including berry and coconut, and is priced at around $40 for a 30-day supply. How did greens powders get so popular?

Food Supply 111

Food Supply Influencer Food Safety Social Media 111

Perfect Daily Grind

DECEMBER 9, 2022

Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month. The auction brought in more than US $303,504, with an average price of US $17.02/lb.

2022 156

2022 2023 Webinar Workshop 156

Culinary Cues

MAY 18, 2020

A period of time working on a farm will build a greater appreciation for the source of ingredients you work with and the commitment of those people who do the work. SENIOR CARE: Working in senior care facilities can be emotionally draining and too often does not reflect the quality of food that a chef would put his or her signature on.

White Paper 519

White Paper Certification Food Safety Food Supply 519

Cheetah

JUNE 18, 2021

Big distributors often sell to small restaurants at much higher prices than to large chains. They might also agree to an initial low price just to win your business but then jack up the cost over time – counting on busy restaurant managers not noticing or not having the energy to argue. Table of Contents.

Small Business 130

Small Business Customer Service Pricing Waste 130

Modern Restaurant Management

DECEMBER 10, 2021

Instead of promoting items according to price or margin, promote what your customers love. Influencers like food bloggers and food critics have a loyal audience that trusts what they say and recommend. That all changed when chef and food influencer David Chang featured the BBQ joint in his Netflix show.

Marketing 227

Marketing SEO Front of House Website Management 227

Cheetah

NOVEMBER 4, 2021

From now on, restaurants will be the ones setting the purchase price shown to customers on the app for each menu item (excluding tax and tips). This gives restaurants full power to compete and prevents the delivery apps from influencing the market. Commissions are high and the competition pushes food prices and quality down.

Delivery 148

Delivery Cash Management Restaurant Law Mobile Ordering 148

7 Shifts

AUGUST 29, 2019

Menu Pricing and 2. Consider marginally lowering the price on these items to increase popularity without decreasing overall profitability. Two common courses of action to address plowhorses are to: Raise menu prices on these items, provided that this doesn't drastically diminish their popularity or reduce sales. What to do?

Menu 279

Menu Point of Sale Website Management Online Ordering 279

Modern Restaurant Management

MAY 23, 2023

For example, many customers are now more health-conscious and prefer to eat food that is fresh, nutritious, and locally sourced. Lastly, running regular promotions is a great way to target current customers in a bid to increase brand loyalty and influence repeat purchasing. And it couldn’t be easier.

Customer Service 167

Customer Service Dietary Restrictions Delivery Online Ordering 167

Black Box Intelligence

APRIL 12, 2023

food prices grew at a slower rate in February compared to January (9.5% And although prices are expected to continue to grow more slowly in 2023 than in 2022, price growth is still projected to be above historical-average rates. In 2023, all food prices are predicted to increase 7.9%, with a prediction interval of 5.5

Food 76

Food Loyalty Program 2023 2022 76

Perfect Daily Grind

APRIL 17, 2023

This includes sourcing and trading green coffee. Ultimately, this had a huge influence on direct trade as we know it today, where roasters can buy as little as one bag from a farmer or co-operative. These includes market prices for coffee. While working at coffee brokerage B.C.

Technology 114

Technology Transportation Online Ordering Small Business 114

Sling

DECEMBER 10, 2023

statistical data relating to the population and particular groups within it) How your market will react to your baked goods Appropriate price points Getting to know your target market can also help you identify factors that influence your potential customers’ buying decisions, allowing you to give them what they want and need.

Restaurant Law 78

Restaurant Law Customer Experience Customer Service Employee Relations 78

7 Shifts

AUGUST 26, 2019

"Restaurant revenue management is defined as selling the right seat to the right customer at the right price and for the right dura­tion."— From there, you can make vital decisions about price, service capacity, table turnover, and your menu to boost revenue and profits. But it doesn't have to be if you implement the right strategies.

Management 408

Management Management Airlines Customer Service 408

Perfect Daily Grind

JANUARY 15, 2023

“Consumers are aware of the sustainable benefits of oat milk, which is one of the most environmentally-friendly dairy alternatives when the ingredients are sourced and produced locally.”. He explains that (Un)Ordinary sources its oats from Britain, which helps to reduce the company’s carbon footprint.

Sustainability 170

Sustainability Beverage Article Food Supply 170

Modern Restaurant Management

OCTOBER 22, 2021

Those stats demonstrate the power and influence of social media. You can tailor certain ads related to time-specific deals you might be offering, such as meat-free Mondays, half-price burger Wednesdays, or happy hour Fridays. This article will explore seven tips on using Facebook Ads to increase your market share of customers.

Social Media 198

Social Media Advertising Events Customer Experience 198

Modern Restaurant Management

DECEMBER 28, 2023

Over one-third (36 percent) of respondents reported more customers in 2023 than 2022, almost half (47 percent) reported higher check averages in 2023, a slight majority (51 percent) reported tracking better or the same as 2019, and almost three-quarters (72 percent) reporting increasing menu prices by 10-25 percent in the last year.

2024 190

2024 2023 Food Order 2013 190

EATER

MAY 3, 2024

Chaga, a “strong source of energy.” On TikTok and Instagram, influencers blended adaptogens and powdered algae or collagen into smoothies. It is a powdered greens supplement containing “75 vitamins, minerals, and whole-food sourced nutrients in one convenient daily serving.” Athletes showcased tubs of protein powders.

Healthcare 95

Healthcare Online Ordering Food Order Influencer 95

Perfect Daily Grind

SEPTEMBER 27, 2022

Essentially, these concepts cover access to production-level information – such as the prices paid to producers for their coffee or the specific plot of land that coffee was grown on. The software records transactional data, such as volumes of coffee purchased, price per kilogram, and batch number.

Technology 176

Technology Food Supply Sustainability Supplies 176

Squirrel Systems

FEBRUARY 16, 2024

Consumers are increasingly aware of the environmental impact of their food choices, leading to a surge in demand for locally sourced, organic, and plant-based options. Restaurants that spotlight these offerings emphasize their commitment to reducing carbon footprints and supporting local economies.

2024 52

2024 Technology Menu Mobile Ordering 52

Perfect Daily Grind

NOVEMBER 27, 2022

In previous decades, gas was the most commonly used energy source for roasting coffee – no matter which type of roaster was used. As well as this, in recent months, we have seen the price of natural gas rise sharply as a result of the conflict in Ukraine and economic sanctions placed on Russia.

Equipment 114

Equipment Sustainability Supplies Technology 114

The Rail

MARCH 27, 2024

A thorough competitor analysis for restaurant businesses may include access to the following data: Operations Menu items and pricing Marketing methods Customer reviews In each area, data can help you to see what’s working for these other businesses that you can learn from. Conclusion Every day is an opportunity to get new insights from data.

Email Marketing 52

Email Marketing 2024 Point of Sale Seasonal Menu 52