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Restaurant Loyalty Programs to Boost Revenues

Cheetah

Restaurants, retailers and airlines have been using loyalty programs to drive revenue for nearly three centuries. From their humble, though ingenious, beginnings as copper tokens and stamps, through the era of credit card clubs, to today’s mobile apps, loyalty programs have become indispensable marketing tools.

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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Research and compare different online ordering platforms and other point-of-sale (POS) systems like Toast, TouchBistro, and Square. Branded merchandise Selling branded merchandise lets you generate additional income while promoting your restaurant. Promoting your loyalty program online helps increase awareness and conversions.

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

– Giliah Librach, Director of Merchandising Operations, ezCater As we look ahead to 2024, these technological advancements are poised to become even more ingrained in the restaurant ecosystem. The family dining chain is negotiating insurance programs for franchised restaurant groups to leverage a buying force in the marketplace.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

A common way for coffee shops to get financed is through business loan programs. Planned marketing strategies: Will you have a loyalty program? Shelving if you're selling merchandise like hats or t-shirts. POS system which includes both the hardware and software to process orders, manage staff and run your business.

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

This is all the income from your food and beverage sales, catering, branded merchandise, packaged goods, venue hire, etc. You should be able to find this data in your POS reporting. Look in your POS reporting for hourly labor and check your books for the others. POS-integrated restaurant scheduling software solves this issue.

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How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

Consider things like merchandise sales, inventory sales, or private cooking lessons. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. Stay tuned for 7shifts’ very own relief program!

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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?