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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.

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The Impact of Restaurant Tablets on Table Turnover and Revenue

Mad Mobile

Merchandise and gift card sales If you have merchandise for your eatery, you can feature it as part of your digital menu. But you can’t ignore that a traditional system produces a lot of waste! billion pounds of paper waste yearly, just in receipts. Tablets bring new possibilities to the table!

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4th of July Specials for Restaurants: Promotions and Ideas for 2021

Touch Bistro

This means your staff won’t be wasting time running back and forth from a stationary POS terminal on a day when you’ll have plenty of guests. You could even partner with a business to offer a meal kit that includes merchandise like a handmade BBQ apron, or a local brewery to offer beer and food pairings. Sell 4th of July Merchandise.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Reduce Food Waste Once you have reduced the costs of your ingredients, it's time to ensure that almost none of it goes into the trash. Reducing food waste throughout your operation can have a massive impact on your profits. In the kitchen, develop a laser-focus on reducing food waste.

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Trends and Tactics: How to Navigate the Changing Landscape of the European Restaurant Industry

Apicbase

Adopting technology allows you to track inventory levels in real time, streamlining the supply chain , reducing waste, and ensuring ingredients are always available when needed. When you’re trying to build loyalty with your customers, you want them to have a consistent experience every time they visit.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Reduce Food Waste Once you have reduced the costs of your ingredients, it's time to ensure that almost none of it goes into the trash. Reducing food waste throughout your operation can have a massive impact on your profits. In the kitchen, develop a laser-focus on reducing food waste.

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Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

To calculate your restaurant’s gross profit, you need to subtract the total cost of goods sold (COGS) for a specific period from your total revenue (your total food, beverage, and merchandise sales). Offer a loyalty program and promote your restaurant on social media channels. .