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Is There a Right Way to Raise Prices?

Modern Restaurant Management

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. As food prices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.

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How to write a restaurant marketing plan that puts butts in seats [Ideas and Strategies]

7 Shifts

Can you undercut their prices, or out-market them? Weaknesses: What can they do better? Maybe they're too expensive or don't have great marketing. Opportunities: What can you do better than your competition? Threats: What can they do better than you? Maybe it's something you can't change, like a prime location.

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THE INTER-DEPENDANCE OF BUSINESS AND COMMUNITY RESTAURANTS

Culinary Cues

The stores were empty, and restaurant service staff were staring out windows from the vantage of unfilled seats. Some businesses understand how to use pricing to draw people in and then how to upsell the experience – others are not – SHARE what you’re good at. Who is going to stand on a soap box and lead the effort? Why not you?

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THE GREATEST THREAT TO AMERICAN RESTAURANTS

Culinary Cues

The greatest threat is not the labor shortage or supply chain issues, it’s not the pandemic or the price of real estate – yes, all those concerns are troubling and must be dealt with, but they are not what will bring the restaurant industry to its knees. Well then – what will? Try apathy on for size. Toynbee (author and historian).

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Restaurant Revenue Management: 3 Killer Strategies to Boost Sales

7 Shifts

"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 how do restaurants increase revenue? The result?

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Restaurants Raise Prices on Delivery Apps

Restaurant Engine

This marketing commission is ostensibly optional, but often akin to a lifeline for many restaurants struggling with today’s 57% YoY decline in seated diners. have already raised their food prices 12.6% higher on delivery apps versus in-store prices. Chick-fil-A’s delivery app prices are 29.8% The U.S.

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Transformation through Suspension

Modern Restaurant Management

Each table has its own wench, which allows them to be raised and lowered to any desired height –– seated, cocktail, or all the way up to the ceiling –– using a network of cables and an electric power source. Photos by Ryan Price How do the suspension tables help the space be more flexible?