The Restaurant Times

JUNE 21, 2022

Along with your service and ambiance, restaurant menu and price innovation is a must for every restaurant that wishes to attract more customers and increase its sales. How To Market Your Restaurant’s New Menu And Pricing. Your new items on the menu will have new pricing. Attract More Critics & Influencers .

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Pricing Menu Marketing Social Media 52

7 Shifts

MAY 23, 2024

Your stiff competition requires innovative thinking and aggressive growth strategies to stay on top. Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. In this industry, one of the worst-case scenarios is running out of money.

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Point of Sale Seasonal Menu Food Supply Cash Management 222

Lavu

DECEMBER 20, 2019

Here’s what you need to know about these innovations for your back office tools — including which one might be right. Catered specifically to those in the restaurant industry as well as to emerging small businesses, Sourcery has the specialized ordering and inventory receipt capabilities that Bill.com lacks. The platform.

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Pricing Online Ordering Customer Service Small Business 78

Modern Restaurant Management

OCTOBER 6, 2022

Make a Special Menu, Don't Include Everyday Things. Instead of including your usual dishes, mix things up a bit and develop some innovative new offerings. To do that, you can collaborate with your chef to come up with some happy hour specials that are both delicious and unique. Change Up Happy Hour Specials Every Week.

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Loyalty Program Social Media Point of Sale Customer Experience 199

Culinary Cues

AUGUST 28, 2020

Hold on to what works, but don’t let uncertain times keep you from being innovative. Whether it’s menu, special events, feature nights, or catchy pricing packages – do something that keeps people guessing and returning to your social media posts for more news. Every few weeks add another twist to what you do – keep it exciting.

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Social Media Communication Loyalty Program Training 436

Modern Restaurant Management

OCTOBER 12, 2020

How to improve customer experience, capitalize on new opportunities, and implement innovative technologies. Even in this challenging time for the industry, restaurants are finding innovative ways to better serve the needs of their customers. Implement Innovative Technology. Focus on Customer Experience and Personalization.

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Customer Experience Fine Dining Mobile Ordering Innovation 212

Modern Restaurant Management

NOVEMBER 15, 2023

A return to work in offices and higher grocery prices due to continued inflation pressures are among the factors leading to nearly one in four U.S. Price was the top priority for all consumers, followed by menu and location. However, this usage gap widened across other dining categories.

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Loyalty Program Mobile Ordering Website Management Online Ordering 106

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Therefore, exploring effective ways to increase sales and carefully managing expenses, pricing, and menu offerings become vital strategies in maintaining a healthy profit margin.

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Fast Casual Fine Dining Food Truck Loyalty Program 123

Modern Restaurant Management

DECEMBER 16, 2022

During the pandemic, quick-service restaurants (QSRs) were forced to innovate if they wanted to succeed. It’s a good way for restaurant owners to boost sales without raising prices, increasing capacity, or buying more equipment. That meant streamlining their operations – and consumers quickly got on board.

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Customer Service Customer Experience Consumer Goods Food Safety 224

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.

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Loyalty Program Mobile Ordering Social Media Customer Experience 186

MBB Hospitality

JANUARY 30, 2024

The Art of Attraction with Restaurant Promotions Compelling restaurant promotions are more than just a discounted price. Expertly crafted, these promotions balance the allure of saving with the promise of quality dining, ensuring that a reduced price never means a compromise in experience.

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Loyalty Program Social Media Customer Experience Events 52

Culinary Cues

APRIL 26, 2020

It matters not whether you are selling a Wagyu beef tenderloin or a fried chicken sandwich – what is essential is that your product is so good, so well prepared, so special that customers look at it, smell it, and take that first bite followed by a pause of surprise and a response that begins with “WOW”! Convenience is the name of the game.

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Guest Recovery Kitchen Safety Customer Service Food Safety 310

Open for Business

DECEMBER 12, 2023

Gifts like cookbooks to gain inspiration or the opportunity for younger chefs to feature their dish as a special on the menu are excellent alternatives. You can also create internal clubs and events focused on healthier options like fitness or volunteering for your team to enjoy each other outside the workspace.

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Hospitality Insurance Back of House Beverage 158

Modern Restaurant Management

AUGUST 18, 2020

The brand has two locations – Aspen and Parker– and specializes in Danish baby back ribs and our in-house smoked meats with homemade side dishes. ” To help businesses get their vehicles wrapped, Wrapmate, an end-to-end digital platform, takes an owner step by step through the process from design to pricing and installation.

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Marketing Front of House Back of House Food Truck 193

7 Shifts

JUNE 29, 2022

In California, for example, franchise law is regulated by the Department of Financial Protection and Innovation , while in Illinois, it's the Attorney General's Franchise Bureau. This rule helps franchisees stay compliant by requiring them to offer the items, prices, and specials approved by corporate and their franchisors.

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Franchise Franchising Restaurant Law Document 370

Harbor Touch

DECEMBER 20, 2022

This could include introducing loyalty programs, special offers, or custom menus based on customers’ past purchases. Innovating online ordering. One of the biggest trends in the industry is innovating online ordering. This technology provides convenience, accuracy, and speed, all while reducing costs for operators.

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Loyalty Program Online Ordering Kitchen Safety Customer Experience 78

Modern Restaurant Management

DECEMBER 16, 2021

Tight menus, for set prices, at times offering previously unapproachable product at approachable prices. This will cause restaurants to innovate their offerings amidst reduced menu sizes. Circular supply chains are greener and more sustainable, and can decrease companies’ costs, reduce price volatility, and reduce waste.

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2022 Food Supply Back of House Kitchen Safety 178

Restaurant Business

JANUARY 13, 2023

Innovative products made with sustainable ingredients have proliferated across various segments for a number of reasons. Great taste without animal products As operators move to incorporate more alternative products onto the menu, one of the benefits beyond consumer appeal is price.

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Sustainability Operations Food Supply Consumer Goods 105

Sante

APRIL 2, 2020

On that aim, we partnered with The Capital Innovation & Technology Institute to develop The Small Business Pandemic Survival Kit. Karl Dakin established The Capital Innovation & Technology Institute LLC. Its goal is to research, develop, and deploy innovative funding models to aid small businesses in raising funds.

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Small Business Email Marketing Innovation Technology 130

Modern Restaurant Management

JULY 26, 2023

In today's ever-evolving economic climate, characterized by escalating retail prices and a limited number of desirable properties, restaurants face a significant challenge in finding suitable locations that align with their criteria. Creating a specialized real estate strategy has become more essential than ever for brands.

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Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation. This agility is crucial for staying relevant in a market where culinary innovation is critical.

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2024 Technology Menu Mobile Ordering 52

7 Shifts

NOVEMBER 9, 2022

You can use a newsletter to update them about a new location opening , special offers, menu upgrades, or food-based events. Body : include visuals, such as a photo of the special dish you offer, and don't forget to add a short text followed by actionable call-to-action button (CTA button). Special offers & promotions.

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Email Marketing Loyalty Program Social Media Point of Sale 195

Modern Restaurant Management

APRIL 30, 2021

Look for innovations in restroom hygiene. To stand out from other restaurants, foodservice operations can seek out the latest hygienic innovations that meet new consumer demands. For instance, some paper towel dispensers are specially manufactured with silver-ion technology that automatically repels pathogens lingering on the surface.

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Consumer Goods Sustainability Customer Service Innovation 199

Perfect Daily Grind

FEBRUARY 3, 2023

The campus is set to host its new Engaging Talks series, which starts with The new role of the company in the territory: how to build a successful, sustainable, innovative company. Nyamayaro is a UN Special Advisor for the World Food Programme. Following the release of its 2023 Q1 report, Starbucks’ share prices fell by 2.2%.

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2023 Seminar Certification Food Supply 121

Culinary Cues

FEBRUARY 3, 2020

We have all had those moments (some of us more frequently than others) when we question what we are doing, the level of commitment required, and the price to pay. BE SOMETHING SPECIAL, BE A CHEF. As chefs we all are aware of the time, physical stress, and emotional trauma associated with running a busy kitchen.

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Seating Uniforms Take-out Communication 572

Aaron Allen & Associates

JULY 14, 2022

Already in 2019, restaurants were not able to pass inflationary costs on to consumers (back then, the average restaurant price increase was 3.1% As of May 2022, the YOY growth in restaurant prices reached a record 7.4%, but labor costs grew by 10.1% The only way to work your way out of inflation is innovation. and food at 5.0%).

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Innovation 2022 Pricing Food Supply 59

Modern Restaurant Management

APRIL 28, 2022

Case in point: demand for chicken wings skyrocketed during the pandemic, resulting in wholesale prices doubling in many markets. They can also specialize in gourmet items such as premium sandwiches (Grilled Cheese Heaven), macaroni and cheese (Mac Shop) or artisan confections (Mariah’s Cookies).

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Dietary Restrictions Influencer Back of House BOH 192

Modern Restaurant Management

FEBRUARY 21, 2022

Restaurant owners have to bear the overhead cost of food preparation and disposal of leftovers as vegetables and plant based items rot quickly and requires special storage. The low prices of fast food chains will help attract customers, including those who usually order meat options. These factors are expected to create a loop.

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Fine Dining Fast Casual Food Supply 2022 219

Perfect Daily Grind

MAY 10, 2023

For this price, the coffee also comes with a collectible booklet featuring original Samra Origins artwork. Ethiopian coffee is truly in a class of its own and the country holds a special place within our Blue Bottle community,” said Karl Strovink, CEO of Blue Bottle Coffee, in a press release. “I’m

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Point of Sale 2006 2023 Advertising 138

Perfect Daily Grind

OCTOBER 18, 2022

Like many of the newer processing methods, the honey process is a hybrid of traditional and innovative techniques,” Scott tells me. In many producing countries, tradition and innovation have coexisted in coffee processing to improve quality and sustainability efforts.”. Ultimately, this helps to reduce the drying time.

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Innovation Consumer Goods Article 2008 147

Cheetah

OCTOBER 22, 2021

Promoting special dishes and menus is well worth the effort. They are great for boosting profit margins as diners tend to purchase more of them and accept slightly higher prices. Let them know you’re having a Halloween Special. Take photos of your Halloween Specials and say a few rhymed words about them.

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Merchandise Social Media Coupons Customer Experience 148

Culinary Digital

OCTOBER 23, 2023

Moreover, data analytics and digital point-of-sale systems have empowered foodservice providers to make informed decisions about menu offerings and pricing. Dietitians and other professionals can now leverage specialized software and apps to create personalized meal plans tailored to an individual’s specific dietary requirements.

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Mobile Ordering Food Safety Online Ordering Point of Sale 64

Modern Restaurant Management

NOVEMBER 16, 2021

There are stories nearly every day in the media about innovations in healthcare, breakthrough treatments, and in some cases cures for various illnesses. Specialty coverages : Some stop-loss carriers offer special policies, or carved out coverage for ultra-high cost claims, such as transplants, renal care, gene or cellular therapies.

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Insurance Cash Management Healthcare Innovation 198

ChowNow

DECEMBER 7, 2021

This Windy City institution opened in 1975 and specializes in slow-roasted pork, but didn’t focus on delivery and takeout until the pandemic, when it was forced to enter the cutthroat world of online ordering. Carnitas Uruapan in Chicago has seen direct benefits of being a ChowNow restaurant partner.

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Online Ordering Mobile Ordering 2011 Website Management 158

Goliath Consulting

JUNE 8, 2019

Almost every restaurant with liquor on the menu has their share of creatively named house cocktails and luring drink specials, but is your restaurant making the most of its beverage program? These are the specials that your sales rep will inform you of as the incentives arise and work mutually to the restaurant and distributor’s advantages.

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Bar Email Marketing Merchandise Equipment 100

Modern Restaurant Management

DECEMBER 21, 2020

Chris Prociv, VP Marketing & Innovation at La Brea Bakery. The restaurant industry continues to face many pandemic-induced restrictions, and rather than giving up, brands have decided to innovate. Even in the worst of times comes innovation. Flexibility and innovation are key words now and moving forward.

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2020 Kitchen Safety Food Safety Loyalty Program 193

Modern Restaurant Management

APRIL 8, 2020

In addition, if you are open, you’ll want to be sure to communicate what specials you might be offering at this time, how people can contribute to your business (gift cards, virtual offerings, etc.) Menu Innovation: Refreshing your menu is always a great way to reinvent yourself and give consumers even more of a reason to come back.

Small Business 199

Small Business Social Media Consumer Goods Communication 199