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Your guide to the best restaurant merchandise ideas

Clover - Restaurants

One of the most effective ways to boost your business and generate additional revenue is by offering restaurant merchandise. From trendy accessories to gourmet muffin mixes, the right merchandise can turn your loyal diners into ambassadors, spreading the word about your eatery. Why offer restaurant merchandise?

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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Offering additional services, like delivery and takeout, meal kits and subscription boxes, and even catering and hosting special events can unlock new growth opportunities. Research and compare different online ordering platforms and other point-of-sale (POS) systems like Toast, TouchBistro, and Square.

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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

To get a clearer picture of your product mix, use reports from your POS system to track key metrics like sales volume, pour cost, and inventory usage. Use your POS data to analyze your busiest times and days to identify when you need more staff on hand. Selling branded merchandise is another smart way to boost your bar's profitability.

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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

The most popular day of the week for online ordering is Friday, with Mother’s Day 2020 coming out on top as the most popular holiday for online catering orders. A break from breakfast : With fewer morning commutes to cater to, breakfast and coffee sales suffered. POS Software Market. percent and 17.9

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Revenue streams restaurants can add to their business

Clover - Restaurants

Through offerings such as meal kits, catering, or wholesaling, restaurants can reach customers outside the dining room and build loyalty in new market segments. For example, offering new options like takeout or subscriptions caters to the convenience-seeking demographic.

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Publish Your Website with These Best Restaurant Website Builders

7 Shifts

Thus, the platform has excellent features for restaurants, like online ordering , e-commerce, events management, contactless dining, and catering capabilities. Shopify was built for e-commerce, so it's an optimal choice if you want to sell merchandise on your restaurant's website. Vantage , or Lively.

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How to Lower Restaurant Labor Costs and Boost Profitability: Quick Wins and Long-Term Solutions

ChowNow

By monitoring your Point of Sale (POS) data and comparing this with labor expenses, you can identify inefficiencies. “Use software that integrates POS data with your scheduling system to provide real-time insights and adjust staffing levels accordingly,” said Singh. Conversely, are you under-serving during peak hours?

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