Remove Inventory Remove Merchandise Remove Social Media
article thumbnail

Merch with a Mission: Creating Brand Ambassadors

Modern Restaurant Management

"Merchandise is more than just a revenue stream — it’s a way to deepen the connection with your customers and expand your brand’s reach." Merchandise became a natural extension of this vision, offering customers a way to carry the brand with them and become ambassadors for the experience.

article thumbnail

What Restaurateurs Need to Know Right Now About the COVID-19 Pandemic

ChowNow

Offer large format takeout or a family-style to move more inventory. If your restaurant has any branded merchandise, such as t-shirts, mugs, or hats, don’t forget to include it on your menu. Add gift cards to your menu. Some restaurants are even offering discounts on their gift cards to further stimulate cash flow. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

Due to the volatile situation caused by COVID-19, restaurateurs across the globe are having to temporarily close their businesses to support social distancing. Consider things like merchandise sales, inventory sales, or private cooking lessons. Social Distancing” and “Flatten the Curve” are more than buzz words of 2020.

article thumbnail

7 key restaurant revenue streams to prioritize in 2024

7 Shifts

For example, you can take orders from your social media profiles, like Facebook and Instagram, using a form or direct message. Additionally, catering large events can help you manage your inventory more efficiently, reducing food waste and maximizing profit. Combos also help manage inventory and cut down on food waste.

2024 243
article thumbnail

Restaurant Innovation That Goes Beyond Menu Items

Modern Restaurant Management

It may be helping customers train their teams on cooling requirements and rotating of fresh inventory, discussing the pros and cons of fresh cut vs. commodity produce, shipping concerns. There is also the opportunity to communicate on social media and telling more about your restaurant’s story and convey its personality in new ways.

article thumbnail

How Walmart Got Its Hands on the Coolest Pantry Brands

EATER

But after attaining the niche cool factor via podcast ads, chic shoppy shops , and food media raves, these brands have one unlikely destination in common: the grocery aisles at Walmart. Some get elaborate on-shelf displays, others get digital advertising support via social media or the Walmart app.

Retail 305
article thumbnail

Untapped Areas of Profitability in a Full-Service Restaurant

Squirrel Systems

To enhance profitability: Implement an inventory management software to track liquor usage and reduce waste. Monetizing Merchandise & Retail Items via E-commerce Brand loyalty doesnt have to end at the dining table. Selling merchandise can provide a steady revenue stream. Yet many restaurants fail to maximize this potential.