Modern Restaurant Management

OCTOBER 24, 2023

Surging prices have been top of mind for consumers for two years and counting, leaving restaurant leaders questioning how inflation might influence diners’ behavior and overall spending habits, including their usage of digital ordering and third-party delivery apps– both of which gained momentum during the pandemic.

Ordering 197

Ordering Online Ordering Loyalty Program Customer Experience 197

Modern Restaurant Management

OCTOBER 6, 2022

Make a Special Menu, Don't Include Everyday Things. To do that, you can collaborate with your chef to come up with some happy hour specials that are both delicious and unique. Don't forget that the happy hour crowd is a price-sensitive bunch. Change Up Happy Hour Specials Every Week.

Loyalty Program 204

Loyalty Program Social Media Point of Sale Customer Experience 204

Modern Restaurant Management

AUGUST 31, 2023

They may even promote these special events for free via word of mouth. 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. It’s not hard to see why.

Social Media 154

Social Media Email Marketing Influencer Events 154

Modern Restaurant Management

APRIL 28, 2022

Today, virtual brands are disrupting the foodservice industry, with celebrities, YouTube stars and influencers helping them go mainstream. Case in point: demand for chicken wings skyrocketed during the pandemic, resulting in wholesale prices doubling in many markets. Virtual Brands are Influencer Magnets.

Dietary Restrictions 196

Dietary Restrictions Influencer Back of House BOH 196

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

Modern Restaurant Management

JULY 14, 2020

Food photos have a special place in the heart of consumers on social media—and Instagram is the perfect place to share and connect over cuisine. Post pictures of your menu, daily specials, take-out, and delivery specials. Get in Touch with Influencers. Take Advantage of #foodstagram. Engage, Engage, Engage.

Marketing 216

Marketing Social Media Influencer Online Ordering 216

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. Associates who feel valued will make any customer interaction better.

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

Restaurant365

FEBRUARY 25, 2022

According to the 2022 survey produced in partnership with the National Restaurant Association and the American Culinary Federation, the top 5 regions expected to influence American menus in 2022 are: Southeast Asian (Vietnamese, Singaporean, Filipino). Pay attention to menu costing and pricing. The menu price is $8.00.

2022 148

2022 Menu Seasonal Menu Pricing 148

EATER

DECEMBER 1, 2023

At Hey Kiddo in Denver, alongside courses of pork ribs or cold sesame noodles, there are three caviar options available by the ounce, one of which is sold at market price. No matter the rest of the menu’s culinary influence or price points, it’s now common enough to find a $100-or-more caviar offering, about 4 teaspoons worth of luxury.

Fast Casual 106

Fast Casual Fine Dining 2008 Pricing 106

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

Open for Business

APRIL 3, 2023

The “4 Ps of marketing” may sound like blah business jargon to restaurant types, but these four principles—product, price, place, and promotion—can magnetize new guests and keep regulars coming back. The 4 Ps of marketing, also known as the marketing mix, are: Product Price Place Promotion Let’s go through them one by one.

Marketing 78

Marketing Email Marketing Social Media Loyalty Program 78

Sante

FEBRUARY 24, 2020

Sommeliers Choice Awards gathers the top wine restaurant buyers, Master Sommeliers, wine directors who have a direct influence on the US on-premise market. March 10, 2020, is the last day to enter your wines with $90 pricing. Prices go up from March 11. Special Pricing Registration: Ends 10 March 2020 (Last 2 Weeks Left).

Marketing 130

Marketing Email Marketing 2020 Website Management 130

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. Day of the week Specials.

2022 148

2022 Food Supply Entertainment Hospitality 148

Buzztime Business

JANUARY 22, 2024

Bonus: You don’t need to pay that over-priced cover band.) No need to wait for a special occasion, add an open mic comedy night to your list of bar entertainment ideas right now. One night could be arts n’ crafts night, where patrons come in and participate in a Paint n’ Sip night (complete with specials on craft beers, of course).

Entertainment 78

Entertainment Events Bar Sports 78

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

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 12, 2020

Complete a competitor analysis This will not only inform decisions such as pricing and menu ideas—but it can serve as inspiration too. Knowing they have a lunch special on Wednesdays is invaluable knowledge to have, and can inform your own decision making. Post special offers to attract both first-time and price-conscious customers.

Marketing 418

Marketing 2020 SEO Loyalty Program 418

Black Box Intelligence

MAY 24, 2023

Restaurant customer trends change, food and supply prices fluctuate, and new competitors pop up every day. So identifying and focusing on ways to boost your customers’ price/value perception will inevitably boost your sales and traffic without you having to make adjustments on menu pricing or labor costs.

Email Marketing 79

Email Marketing Social Media Customer Experience Coupons 79

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

7 Shifts

JULY 16, 2021

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. Make this calculation using the following formula: BEP =Fixed Costs / (Sales Price Per Unit - Variable Costs).

License 459

License Hiring Equipment Point of Sale 459

The Rail

MAY 6, 2024

The location will have a big influence on visibility, foot traffic, and overall profitability. Think about providing an assortment of fresh pastries, sandwiches, and salads along with a range of specialized beverages, teas, and coffee drinks. Choosing the Right Location Choosing the ideal site for your café is essential to its success.

Café 52

Café Equipment Food Supply Customer Experience 52

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. points at last year’s CoE Ethiopia.

Point of Sale 138

Point of Sale 2006 2023 Advertising 138

Perfect Daily Grind

APRIL 4, 2023

Forging connection to origin: a specialty “special” One of the main selling points of specialty coffee is that it is more sustainable, traceable, and transparent than commodity-grade coffee. But why is this? Maybe buying some coffee to address that, even in a small way, helps to absolve some of that guilt,” he says.

Consumer Goods 144

Consumer Goods Sustainability Email Marketing Café 144

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

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

Lavu

FEBRUARY 14, 2024

These programs and APIs enable you to track your beer and liquor inventory , units, suppliers, and prices on your device. Incorporating a POS terminal within your bar’s point of sale system elevates the efficiency and accuracy of managing your inventory, directly influencing your ability to grow your business.

POS 164

POS Bar Point of Sale Front of House 164

Restaurant Clicks

JANUARY 28, 2020

Invite Influencers. Most grand openings offer some incentive for customers in the form of giveaways, discounts, or specials. They’ll come for the special promotions but stay or return because they had a great experience or loved the food and the restaurant itself! Invite Influencers. Invite the Community.

Social Media 78

Social Media Entertainment Influencer Customer Experience 78

A Wine Story

DECEMBER 14, 2020

Sonoma County produces excellent cool-climate Chardonnay in a Burgundian style, yet Santa Barbara Chardonnay remains slightly richer, with riper fruit, and with a more affordable price tag, How Santa Barbara Chardonnay Got its Start. Why is Santa Barbara Chardonnay so Special? This pathway is like the well-known Petaluma Gap in Sonoma.

Vineyard 151

Vineyard 2011 2001 Education 151

EATER

SEPTEMBER 26, 2023

I found something special, beautiful, and new. ABC managed to tap into a growing professional middle class in the region, which has partly been fueled by American influence. buffet-style meals in Iraq are relatively rare and special. Just like Eric Meurs, Martani was impressed. “I Fatimah Fadhil Stuffed grape leaves.

Employee Relations 133

Employee Relations Travel Sports Social Media 133

Open for Business

JUNE 30, 2023

Together, all the pieces of the puzzle communicate what you’re about and influence how customers will perceive and remember you. Logo A restaurant logo is a visual representation of what makes your brand special. Positioning a restaurant brand in the market Consider the 4 Ps of marketing : price, product, promotion, and place.

Loyalty Program 78

Loyalty Program Email Marketing Social Media Customer Experience 78

The Rail

APRIL 11, 2024

Promote seasonal specials: Highlight limited-time deals like Easter BOGO offers or group discounts. Events and entertainment: Announce live music nights, sports viewings , or other special events. Reconnect with past customers: Send newsletters with updates and entice them to return for holidays or special occasions.

Email Marketing 52

Email Marketing Reservations Marketing Loyalty Program 52

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

Buzztime Business

OCTOBER 2, 2023

Kevin is what’s known as a micro influencer. Step #2) Create Your Cocktail List and Pay Attention to Pricing The next step in your quest to increase cocktail sales should be finetuning your drinks list. Once you’ve created your 7-10 cocktails, it’s time to increase cocktail sales through smart pricing. martini is now 8- or 8.

Social Media 88

Social Media Seasonal Menu Bar Sports 88

Squirrel Systems

FEBRUARY 16, 2024

Supporting Global Flavors and Fusion Cuisine With POS software, restaurants can quickly update their menus to introduce new dishes or ingredients, experiment with pricing, and gather data on customer preferences for different flavors and cuisines. This agility is crucial for staying relevant in a market where culinary innovation is critical.

2024 52

2024 Technology Menu Mobile Ordering 52

EATER

DECEMBER 8, 2023

That price tag might seem extreme, but it’s perhaps justified given the amount of work that went into the bottle’s creation. I think people who know about Kikkoman would say it is a very good industrial product, made to a price,” Booth says. The Kikkoman soy sauce bottle in its many iterations.

Design 135

Design Food Supply 2001 Employee Relations 135

7 Shifts

JANUARY 7, 2021

Complete a competitor analysis This will not only inform decisions such as pricing and menu ideas—but it can serve as inspiration too. Knowing they have a lunch special on Wednesdays is invaluable knowledge to have, and can inform your own decision making. Post special offers to attract both first-time and price-conscious customers.

Marketing 195

Marketing 2021 SEO Loyalty Program 195