Remove Fast Casual Remove Fine Dining Remove Influencer Remove Marketing
article thumbnail

MRM Research Roundup: Price Wars, Influencer Impact and No-Show Fees

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of LTO impact, influencer impact and no-show fees. As the landscape changes, 39 percent of leaders said they’re prioritizing investments in sales, marketing, and related technologies for the rest of 2024.

article thumbnail

Restaurant Startup Ideas

The Restaurant Group

What’s one of the most important aspects that can influence long-term success? Here are indispensable tips you must consider: Define Your Restaurant’s Concept A restaurant concept is an overarching theme that serves as the foundation of your dining brand. Fine dining boasts luxurious experiences. billion by 2032.

License 155
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

Simple Restaurant Marketing Plan for 2020 [PDF Template]

7 Shifts

So far, 2020 has thrown marketing plans, advertising budgets, and restaurant growth out of the window. But as restaurants reopen and business starts to pick up again, it’s important you pick up your marketing plan too. Their business is built on the power of word of mouth—one of, if not the most useful marketing tools in the book.

Marketing 418
article thumbnail

How to Calculate Food Costs For Your Restaurant

7 Shifts

The cost of the food you serve can be affected by so many different outside influences, some of them more obvious, like the rise and fall of fuel costs or the effects of good or bad weather. It is affected by seasonality, market prices, and even pop culture. Of all the costs your restaurants generate, your food is one of the largest.

Food 363
article thumbnail

Simple Restaurant Marketing Plan for 2021 [PDF Template]

7 Shifts

As restaurants reopen and business starts to pick up again, it’s important you pick up your marketing plan, too. To help, we’ve created the ultimate restaurant marketing guide, covering strategy, creative, branding, marketing channels, paid and unpaid advertising, and so much more. What are they ordering?

Marketing 195
article thumbnail

Social Media for Restaurants: 20 Effective Strategies To Boost Your Social Presence Online

7 Shifts

Best Social Media Strategies to Improve Your Restaurant’s Online Presence Social media marketing involves knowing your audience and reaching them on the platforms they prefer. Social media platforms like Instagram, Facebook, and Twitter offer easy-to-use polling features that allow you to quickly and effectively reach a broader market.

article thumbnail

The 15 most profitable restaurant businesses to start in 2024

Clover - Restaurants

They include a variety of formats such as fast food restaurants, food trucks, and smoothie bars, each catering to specific consumer needs with a focus on quick preparation and minimal wait times. It is even estimated that fast food will experience a compound annual growth rate (CAGR) of 7.1%

2024 52