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Maximize Takeout Profitability With These Six Steps

Modern Restaurant Management

With takeout, that might mean including the unexpected in their bags: a free appetizer, a sample of a new dessert, a coupon for their next meal, or a fun kid’s activity. Eating out, or taking out, is never just about the food. Naturally Cut Out the Waste. Simplify Their Lives. Deliver a Great Experience.

Coupons 596
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Best Practices for Launching Online Ordering

Modern Restaurant Management

Now, they are missing out on a key element for survival. Many smaller restaurants still rely on taking delivery orders over the phone, if delivery is even an option. Take the casual-dining chain, TGI Fridays, for example. Stand out from the crowd rather than being just another choice on a third-party site.

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Top Tips to Show Appreciation for Your Employees This Year

Modern Restaurant Management

Not every employee wants a bottle of wine or a coupon but rather some time off or even just shout outs for accomplishments. Employee recognition is not an out-of-the-box solution; it should be tailored to what benefits your employees value the most. Personalization is key. Implementing a Rewards System. The Takeaway.

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Four Critical Marketing Mistakes to Avoid

Modern Restaurant Management

Zak, a Professor of Neuroeconomics at Claremont Graduate University, found that oxytocin, or the “love hormone” directly related to happiness, can spike by 38 percent when people get a coupon. Coupons can make your business more welcoming, accessible, or convenient. Not Keeping it Simple Enough.

Marketing 443
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Three Ways to Leverage Technology for Restaurant Reopenings

Modern Restaurant Management

Data shows that guests want to dine out but safety concerns are the biggest factor holding them back. A survey by AlixPartners revealed 60 percent of consumers fear they’ll get sick by dining out, and therefore prefer to cook at home. Leveraging a labor scheduling tool with contact tracing takes the guesswork out of the equation.

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The Effects of Inflation on Restaurants and How to Combat Decreased Demand

Modern Restaurant Management

Substantial price hikes on restaurant menus are causing consumers to choose other options aside from eating or taking out, and a ‘tipping point’ is on the horizon where inflation will depress overall demand. Eating out and ordering less : As part of this overall cut in spending, consumers are simply dining out less.

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Planning the Great Restaurant Comeback

Modern Restaurant Management

Restaurants will also need to modify their strategies to engage old and new customers and stand out from the competition. A recent study by Prosper Insights shows that 30 percent of adults feel they will dine out less because of economic concerns.