article thumbnail

Restaurant Loyalty Programs to Boost Revenues

Cheetah

Restaurants, retailers and airlines have been using loyalty programs to drive revenue for nearly three centuries. From their humble, though ingenious, beginnings as copper tokens and stamps, through the era of credit card clubs, to today’s mobile apps, loyalty programs have become indispensable marketing tools.

article thumbnail

Enticing Restaurant Customers with Loyalty Programs and SMS

Modern Restaurant Management

Marketers and business leaders have heard the saying, “It’s cheaper to keep a customer than acquire a new one.” The best customers are returning ones as members of top-performing loyalty programs are 77 percent more likely to choose their brand over competitors. Incorporating Loyalty Programs with SMS.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Inflation is Changing the Ways Restaurants Operate

Goliath Consulting

As everything gets more expensive, consumers are panicking, and business owners are in a predicament. With any shift in costs, business owners will see the effect it has on profitability. With any shift in costs, business owners will see the effect it has on profitability. Restaurant inflation overview.

article thumbnail

Top Restaurant POS Features To Look For In 2023

The Restaurant Times

Top 5 Restaurant POS Features To Look For In 2023 A POS system today is capable of handling employee schedules and clock-ins, data collection for business intelligence, and providing a personalized customer experience. This simplifies and improves the situation for businesses, particularly small organizations that cannot afford their server.

POS 59
article thumbnail

How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Write a Coffee Shop Business Plan. This step and research component is the foundation behind your business, and should be taken seriously! Visit them to learn more about what drives their business. Do they serve just coffee or small foods as well? Competition and neighboring businesses. Table of Contents.

License 461
article thumbnail

22 Restaurant Advertising Ideas Driving Guests To Tables In 2022

7 Shifts

In tight business districts, you may not be able to have a giant mural or neon sign outside your restaurant. Decorate your windows with decals that evoke what your business is all about! When customers leave your restaurant with a coffee cup with your restaurant's name on it, they become walking advertisements for your business.

article thumbnail

The Future of Dining: Industry Expert Insights

Modern Restaurant Management

It's a small step to having a group of friends walk into a dining room served by multiple brands. The ability to mine customer data and distill insights that drive loyalty, and perhaps more importantly trust, will become necessary as we emerge from the pandemic. Each person orders their favorite meal on their smartphone.