Cheetah

DECEMBER 10, 2021

Cooking oil prices reached an all time high this October. Cooking Oil Prices Triple amidst Global Shortages. The first years of the pandemic came after nearly 6 years of low vegetable and crude oil prices. Now, economies and restaurants are accelerating activity, but shortages are causing cooking oil prices to skyrocket.

Pricing 148

Pricing Operations Food Supply Supplies 148

Cheetah

SEPTEMBER 30, 2021

Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. As grazing crops were scorched and shriveled, food for livestock has also come at a risk, influencing the meat market. Labor Crisis Continues.

Food Supply 148

Food Supply Supplies Pricing Food 148

Culinary Cues

MAY 20, 2024

One could claim, and rightfully so, that he had the greatest influence on the profession and that the chefs’ job was elevated to new levels because of Escoffier’s efforts, approach towards cooking, vision, and skill. He would not have been opposed to raising prices if the experience had proven value and wowed the guest.

Hotels 277

Hotels Front of House Fine Dining Back of House 277

Culinary Cues

AUGUST 21, 2023

Food was only surpassed by the breadth of wine lists and depth of distilled beverages, high priced art on the walls, enormously expensive glassware, Italian bone china plates, and custom sterling flatware. The entire experience was elevated and so were prices.

Back of House 394

Back of House Food Supply Government Dine-in 394

7 Shifts

AUGUST 7, 2024

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. Think about how much food prices can rise and fall over time.

Food 363

Food Seasonal Menu Inventory Pricing 363

Modern Restaurant Management

OCTOBER 14, 2024

For restaurants, especially those operating on thin margins, these fees can influence pricing strategies, profitability, and even operational decisions. This includes higher prices and reduced cash flow. Interchange fees can significantly affect a restaurant's bottom line in various ways.

Cash Management 88

Cash Management 2023 Customer Service Influencer 88

Modern Restaurant Management

AUGUST 2, 2023

By understanding customer behavior, strategically placing high-profit items, and incorporating innovative pricing strategies, restaurant owners can transform their menu into an influential factor driving business success. It involves strategic dish placement, pricing strategies, and understanding customer preferences.

Menu 167

Menu Cash Management Seasonal Menu Influencer 167

The Restaurant Times

JUNE 21, 2022

Along with your service and ambiance, restaurant menu and price innovation is a must for every restaurant that wishes to attract more customers and increase its sales. How To Market Your Restaurant’s New Menu And Pricing. This article will help you look at some of the best ways you can market your restaurant’s new menu and pricing. .

Pricing 52

Pricing Menu Marketing Social Media 52

Modern Restaurant Management

DECEMBER 27, 2023

These factors contribute to a volatile supply chain, influencing everything from ingredient availability to menu pricing strategies. In a parallel trend, non-alcoholic beverages and sophisticated mocktails are also gaining prominence, which influences the variety of glassware that a restaurant should consider.

2024 202

2024 Food Supply Kitchen Safety Influencer 202

Culinary Cues

AUGUST 19, 2023

PART ONE: An Immigrant Nation Melting Pot: America was the land of opportunity and tens of thousands came to our shores, through Ellis Island, and stood at the gates of New York ready to become American and bring their ethnic influence the country’s profile. Despite a steep decline in food prices, many families did without milk or meat.” -The

Hotels 341

Hotels Influencer Compost Recycling 341

Modern Restaurant Management

OCTOBER 2, 2024

Value pricing will eventually become a less effective tactic for restaurant brands with the market becoming oversaturated with discounted options. To do so, they must evaluate how value can be derived outside of price point. Operators must consider how they can strategically ease customers back into full price menus.

Loyalty Program 179

Loyalty Program Mobile Ordering Coupons Customer Experience 179

7 Shifts

MAY 31, 2024

Price: Contact them for a custom quote Mailchimp If you're new to email marketing, Mailchimp is your best choice. If you take advantage of Mailchimp’s 12-month subscription plan, you can enjoy their 100 email templates with personalization for each guest segment and save 50% on the total price. month, Guru - $249.95/month,

2024 221

2024 Marketing Email Marketing SEO 221

Cheetah

SEPTEMBER 30, 2021

But the root cause of the current food chain crisis and rising food prices runs deeper than that. Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. Energy prices are very high right now too.

Food Supply 78

Food Supply Supplies Pricing Food 78

Modern Restaurant Management

OCTOBER 23, 2023

Collaborate with Food Bloggers and Influencers Harnessing the power of food bloggers and influencers is a strategic move to create early excitement and credibility for your fine dining restaurant. In fact, Influencer Marketing Hu b stated that businesses are making $5.78

Fine Dining 208

Fine Dining Marketing Social Media Influencer 208

Modern Restaurant Management

OCTOBER 24, 2024

This overall increase in demand could lead to rising energy prices for consumers and businesses. Fuel costs: The price of electricity is influenced by the cost of the fuels used to generate that electricity, and as demand for these fuels also increases, prices are likely to climb.

Equipment 88

Equipment Pricing Influencer Sustainability 88

The Restaurant Group

JUNE 5, 2024

What’s one of the most important aspects that can influence long-term success? Casual dining establishments offer moderately priced food with large menus that cater to different palates. Research suggests it can influence online reviews, price, evaluation, and satisfaction. Implementing a good start-up plan.

License 155

License Food Truck Fine Dining Fast Casual 155

Culinary Cues

OCTOBER 24, 2020

These aspects include: décor, skill level of staff, style of service, pricing, profit, type of vendors selected, kitchen layout, equipment selection, marketing and advertising, pay scales, dining room seating, type of china, glassware and flatware, even the location and color scheme for the exterior of the restaurant.

Menu 394

Menu Seasonal Menu Front of House Café 394

7 Shifts

APRIL 3, 2020

Utilities At first glance, utilities might not seem like something you can control, but you have a lot of options to influence the amount you pay on restaurant utilities. Your prices – Last, but surely not least, are your prices. If you need to increase your profits, the quickest thing to do is raise prices.

BOH 368

BOH POS Influencer Point of Sale 368

Modern Restaurant Management

FEBRUARY 7, 2024

The Gen Z Influence This tasteful group of about 70 million Americans craves authenticity in every bite, from organic street foods to diverse global cuisines. According to a National Restaurant Association Show presentation, Gen Z consumers care more about authenticity, convenience and aesthetics than price value.

Social Media 197

Social Media Customer Experience Influencer Dine-in 197

Modern Restaurant Management

MAY 30, 2023

About half of respondents rely on apps for loyalty or rewards promotions, an effective and profitable way to grow your brand’s reach in these price-sensitive times. RMS dug deep into many influences on dining choices – including social media. Why does this matter to your bottom line?

Loyalty Program 197

Loyalty Program Social Media 2023 Download 197

Modern Restaurant Management

JUNE 21, 2023

The item's contribution to the bottom line will influence its category and therefore, its place on the menu: Stars : Menu items that are more popular and profitable than average. "Stars” Round up to the next half dollar and the menu price should be set at $12.50 to ensure you haven’t compromised profitability.

Menu 180

Menu Influencer Design Food Order 180

Modern Restaurant Management

OCTOBER 16, 2023

Source: *Causeway Solutions 2023 Dining Out and Household Spending Now that we know a little bit about overall dining habits, we looked at how people’s feelings and attitudes about other things influence their dining preferences. Nearly a third of restaurants (29 percent) are considering raising prices.

Fast Casual 212

Fast Casual Fine Dining 2023 Casual 212

Modern Restaurant Management

AUGUST 31, 2023

Leverage Influencer Marketing Influencer marketing is the other potential goldmine you cannot ignore. Many are using influencers to get their messages across. Influencers have thousands to millions of followers. You can leverage their influence to spread your PR message. It’s not hard to see why.

Social Media 154

Social Media Email Marketing Influencer Events 154

Modern Restaurant Management

APRIL 28, 2022

Today, virtual brands are disrupting the foodservice industry, with celebrities, YouTube stars and influencers helping them go mainstream. Case in point: demand for chicken wings skyrocketed during the pandemic, resulting in wholesale prices doubling in many markets. Virtual Brands are Influencer Magnets.

Dietary Restrictions 196

Dietary Restrictions Influencer Back of House BOH 196

Wasserstrom

APRIL 23, 2024

Once a symbol of one-percenter opulence, caviar has found itself on a broader range of tables, fueled by two distinct trends: the rise of sustainable aquaculture and the unexpected influence of “caviar culture” on social media.

Social Media 86

Social Media Influencer Sustainability Blog 86

Modern Restaurant Management

OCTOBER 24, 2023

Surging prices have been top of mind for consumers for two years and counting, leaving restaurant leaders questioning how inflation might influence diners’ behavior and overall spending habits, including their usage of digital ordering and third-party delivery apps– both of which gained momentum during the pandemic.

Ordering 197

Ordering Online Ordering Loyalty Program Customer Experience 197

Culinary Cues

MARCH 25, 2021

Communication is core to greatness. [] A NETWORK OF INFLUENCE: Greatness is rarely an individual effort. Treating everyone with respect is the price of admission. This communication must represent a professional approach and be structured under the heading of: “The Proper Use of the English Language”.

Communication 439

Communication Coaching Fine Dining Influencer 439

ChefMod

OCTOBER 20, 2021

Food costing solutions eliminates the dull, tedious manual work associated with food costing and pricing processes. Unlike manual entries, an automated food pricing and costing process enable you to carry out detailed analytics. The GPO connects you with a large selection of specialty vendors with excellent pricing points.

Catering 52

Catering 2022 Pricing Food Supply 52

Modern Restaurant Management

AUGUST 19, 2022

People relish knowing they can enjoy familiar food, a consistent experience and, usually, affordable prices. Treat local influencers to a meal. Social influencers are the new celebrity endorsement. Invite some of your area’s most popular influencers to dine at your restaurant. Partner with a local business.

Franchising 197

Franchising Franchise Social Media Loyalty Program 197

ChowNow

JULY 19, 2024

It’s a strategic tool that influences diner choices, enhances their dining experience, and ultimately drives your restaurant’s success. A thoughtful menu also helps manage kitchen operations efficiently and can boost your profitability through strategic pricing and upselling opportunities.

Menu 88

Menu Seasonal Menu Fine Dining Customer Experience 88

EATER

DECEMBER 1, 2023

At Hey Kiddo in Denver, alongside courses of pork ribs or cold sesame noodles, there are three caviar options available by the ounce, one of which is sold at market price. No matter the rest of the menu’s culinary influence or price points, it’s now common enough to find a $100-or-more caviar offering, about 4 teaspoons worth of luxury.

Fast Casual 121

Fast Casual Fine Dining 2008 Pricing 121

Restaurant365

FEBRUARY 25, 2022

According to the 2022 survey produced in partnership with the National Restaurant Association and the American Culinary Federation, the top 5 regions expected to influence American menus in 2022 are: Southeast Asian (Vietnamese, Singaporean, Filipino). Pay attention to menu costing and pricing. The menu price is $8.00.

2022 148

2022 Menu Seasonal Menu Pricing 148

Modern Restaurant Management

JANUARY 30, 2024

Typical restaurant KPIs involve monitoring costs around food, labor and supplies, pricing adjustments, table turnover rates during peak periods, customer wait times, promotion effectiveness, brand sentiment on review sites, and training completion rates. What kind of decision authority are you expecting in return for capital investments?

Leadership 203

Leadership Small Business Hospitality Customer Experience 203

Open for Business

JANUARY 26, 2023

Start a loyalty program Online ordering Piggyback on special events Buy X, get Y free Guest chef or pop up Personalize offers Influencer event Social promotion Jump on seasonal trends Industry night happy hour Invite guests back What are restaurant promotions? Offering them at a discount might reveal if they’re priced too high to move. (If

2023 122

2023 Loyalty Program Social Media Seasonal Menu 122

Modern Restaurant Management

MAY 19, 2022

The prices of goods and services have increased 8.5 Rebounding demand, supply chain issues, and labor shortages are mostly to blame for driving prices to an all-time high. It requires a careful examination of your recipes, your team’s prep efficiency, and menu item prices. Take Advantage of QR Codes.

Food Supply 187

Food Supply Waste Point of Sale Inventory 187

Restaurant Engine

OCTOBER 16, 2024

. #1: Invite Influencers In today’s digital world, you want to take advantage of local social media influencers and food bloggers with large audiences. While you may have to pay these influencers or at least compensate them with free meals, you’ll find it’s well worth it to have them advocating for your restaurant.

Marketing 52

Marketing Social Media Advertising Influencer 52

Modern Restaurant Management

FEBRUARY 18, 2020

According to a December 2019 report by commercial real estate giant CBRE using data from eMarketer, Generation Z’s spending is now at approximately $143 billion per year, with an additional influence over $450.5 billion in spending by others.

Marketing 209

Marketing Social Media Fast Casual Influencer 209