Modern Restaurant Management

SEPTEMBER 9, 2021

The data to analyze with food is the following: food sales, food costs, sales mixture, food inventory, cost of goods sold, menu pricing, invoice reviews for accuracy of pricing, stock on hand, beginning and end of day protein counts, and daily sold items. They have to price it on the menu and add it to the inventory. Food Costs.

Pricing 520

Pricing Food Seasonal Menu Food Order 520

ChowNow

FEBRUARY 7, 2025

Heres how it works: Instead of pricing items individually, menus show a combined price that offers a slight discount compared to ordering each item separately. Example: Date Night Special 2 steaks, 1 appetizer, and a chocolate lava cake for $70. Our countrys most popular bundle is a burger, fries, and a drink.

Ordering 349

Ordering Online Ordering Loyalty Program Customer Experience 349

Modern Restaurant Management

MARCH 11, 2025

Special events have become a big reason for going out, making unique dining experiences more important than ever. Special events have become a big reason for going out, making unique dining experiences more important than ever. Customer habits have also shifted after the pandemic. Supporting your staff is crucial.

Loyalty Program 471

Loyalty Program Mobile Ordering Customer Experience Online Ordering 471

Culinary Cues

SEPTEMBER 30, 2024

Of course, running a restaurant is difficult, wholesale prices of ingredients have risen dramatically since the pandemic, labor costs are out of control, and landlords have no mercy when it comes to establishing lease arrangements. So, are we pricing ourselves out of the market? This is not a place where restaurants want to live.

Pricing 363

Pricing Marketing Insurance Seasonal Menu 363

Modern Restaurant Management

MAY 13, 2024

With loyalty programs giving diners access to special deals and third-party delivery services charging additional, unwanted fees, consumers prefer to go directly to the source for takeout orders. Ordering Preferences Are Changing Food and beverages aren’t the only thing on diners’ minds when they place a restaurant order.

Pricing 493

Pricing Loyalty Program Mobile Ordering Customer Service 493

Modern Restaurant Management

MARCH 17, 2025

This is where a buying group brings that advantage, helping source at the best price, quality, and then creating sourcing redundancy when mother nature gets in the way of supply with fresh agricultural products. Having many team members mean there are many salaries being paid and those salaries are accounted for in the service price.

Food Supply 221

Food Supply Customer Service Back of House Small Business 221

Lavu

MARCH 28, 2025

Managing special occasion promotions is easier than ever with the best POS system features and integrated online ordering. Loyalty Programs : Built-in systems to reward customers and trigger special occasion perks automatically. For example, you could offer a 20% discount on desserts for customers celebrating their birthdays.

POS 78

POS Specials Loyalty Program Inventory 78

ChowNow

MARCH 21, 2025

Understanding your target market is the foundation of making smart decisions for your menu, pricing, and overall guest experience. Meanwhile, a fine-dining steakhouse targeting business professionals will prioritize a refined menu, premium pricing, and marketing efforts that focus on corporate events and high-end experiences.

Marketing 195

Marketing Social Media Email Marketing Loyalty Program 195

Modern Restaurant Management

NOVEMBER 14, 2024

Despite 93 percent of QSR operators indicating they raised prices in 2024, nearly two-thirds (64 percent) reported increased traffic across all dayparts, according to TransUnion’s QSR Industry Report: Bridging the Affordability and Profitability Gap.

Loyalty Program 251

Loyalty Program 2025 2024 Communication 251

7 Shifts

NOVEMBER 24, 2024

Aside from improving restaurant customer experience , market research also helps you make informed decisions about location, pricing, and marketing strategies. increase in average wholesale food prices compared to last year, you might want to update your pricing strategy. With the 4.5%

Marketing 370

Marketing Social Media SEO Customer Service 370

Modern Restaurant Management

DECEMBER 3, 2024

The demand for earlier reservations provides restaurants the opportunity to get creative when it comes to driving traffic for second and third seating’s with memorable experiences, dynamic pricing, or late-night specials. Restaurants have an opportunity to offer premium, value-add experiences that justify higher price points.

Reservations 221

Reservations Book Customer Experience Dine-in 221

ChowNow

MARCH 7, 2025

Think about it: What if you could automatically send a special offer to a customer who hasnt ordered in a while? The more you understand your customers, the better you can fine-tune your marketing and pricing strategies. Sales data helps you make informed decisions about pricing, portion sizes, and seasonal updates.

Loyalty Program 195

Loyalty Program Email Marketing Online Ordering Point of Sale 195

Culinary Cues

JANUARY 26, 2025

Putting aside the challenge of bird flu and the work and demands surrounding the care of animals, cost of feed, and process of harvesting and preparing eggs for market even at todays price this works out to around $.50 They can work with special permission but alas, sometimes they are simply paid under the table. 50 per egg.

Food 397

Food Hotels Fine Dining Agriculture 397

Modern Restaurant Management

JANUARY 8, 2025

Misconception 4: Sustainable Oils Are Always More Expensive Why It’s Made : Operators often equate sustainability with higher costs, influenced by the initial price tags of some sustainable products.

Management 423

Management Management Recycling Sustainability 423

7 Shifts

OCTOBER 28, 2024

It just goes to show how important drink pricing and cost management are to maximizing profits. Bar profit margin and pour cost Some high-performing bars can reach higher margins by optimizing their costs and pricing strategies. Keep in mind that certain drinks can be priced higher due to their popularity or unique ingredients.

Point of Sale 195

Point of Sale Merchandise Seasonal Menu Bar 195

EATER

MARCH 27, 2025

The majority of diners do agree on one thing: checking prices. Nearly 60 percent of diners pay close attention to menu prices while they ponder what to order. Bastion Insights is a consumer insights and strategy consultancy specializing in qualitative and quantitative research, brand strategy, innovation, and communications.

Social Media 239

Social Media Fine Dining Online Ordering Dine-in 239

Modern Restaurant Management

FEBRUARY 5, 2025

This "Super" special edition of Modern Restaurant Management (MRM) magazine's Research Roundup has a Super Bowl theme. 11, 2024, comparing it to the average Sunday in 2024 and found that: Wings win MVP with an 87 percent increase in sales The average price of wings ordered increased 18 percent.

2024 309

2024 Food Order Delivery Sports 309

Goliath Consulting

FEBRUARY 19, 2025

Why Restaurants Need Fractional CFO Leadership The restaurant industry faces unique challenges that demand specialized financial expertise: Integration of Business Functions A skilled fractional CFO bridges the gap between marketing, operations, and menu development by providing financial insights that inform strategic decisions.

Cash Management 243

Cash Management Leadership Seasonal Menu Sustainability 243

Modern Restaurant Management

APRIL 25, 2022

Yes, when customers sign up for a loyalty program that offers benefits like discounts, or the opportunity to earn points, they are more likely to take interest in other ongoing or upcoming events and special offers in your company. However, competing based on price is not always the best way to win the race.

Loyalty Program 546

Loyalty Program Advertising Point of Sale Customer Service 546

Modern Restaurant Management

DECEMBER 6, 2021

Perhaps even contemplate featuring these items as a weekly special or create a weekly special with items that your food provider has on sale. Increasing your prices may prove beneficial : You might even consider adding a special ingredient to some of your low-priced items.

Loyalty Program 493

Loyalty Program Insurance Website Management Customer Experience 493

ChowNow

MARCH 20, 2025

Instead of manually updating prices, items, and descriptions across your website ordering and third-party delivery apps, this software allows you to make changes in one place and sync them everywhere instantly. Incorrect pricing can cut into margins, and outdated offerings can cost you canceled orders, negative reviews, and lost revenue.

Menu 195

Menu Management Management Online Ordering 195

Culinary Cues

FEBRUARY 5, 2025

Customers are becoming more discerning about value and anxious about the price of a meal (from quick service to fine dining). The restaurant has been, is, and hopefully will remain a special place for gathering, celebrating, relaxing, learning about, and enjoying the work of the chef and mixologist. Is the experience in jeopardy?

Fine Dining 228

Fine Dining Food Supply Customer Service Recruiting 228

Modern Restaurant Management

OCTOBER 6, 2022

Make a Special Menu, Don't Include Everyday Things. To do that, you can collaborate with your chef to come up with some happy hour specials that are both delicious and unique. Don't forget that the happy hour crowd is a price-sensitive bunch. Change Up Happy Hour Specials Every Week.

Loyalty Program 508

Loyalty Program Social Media Point of Sale Customer Experience 508

ChowNow

FEBRUARY 28, 2025

Phone orders are prone to human errormisheard items, incorrect addresses, and unclear special requests are all common issues with manual order taking. Running your own online ordering system gives you complete control over pricing, promotions, and customer data, helping you maximize profits while still offering convenience.

Online Ordering 195

Online Ordering Ordering Email Marketing Mobile Ordering 195

Modern Restaurant Management

JANUARY 26, 2022

Holidays provide restaurants with the opportunity to capitalize on the special moment by offering specials, events, and so much more exclusive to the holiday. With delectable pre-selected courses, the meal can feel more upscale and thus create an event that feels more special and memorable. Create a Prix Fixe Menu.

Social Media 563

Social Media Seasonal Menu Advertising Events 563

Modern Restaurant Management

FEBRUARY 17, 2025

Operators would see increased prices in their supply chain, resulting in rising costs to their guests as well. Restaurants are responding with creative menu innovations, offering smaller portions, bundled meal deals, and "value bites" menus to provide premium experiences at reasonable prices.

Loyalty Program 221

Loyalty Program Mobile Ordering Customer Experience Customer Service 221

Culinary Cues

FEBRUARY 18, 2025

It makes no difference the type of restaurant or your price point exceptional can be found in everything from a hot dog to caviar it is an over-riding attitude and a level of commitment to being great at what you do. It will stand out as truly special. Your choice, your decision, your reputation. Why not choose to be exceptional?

Fine Dining 227

Fine Dining Small Business Customer Experience Equipment 227

Restaurant Business

MAY 7, 2024

Management at the daytime dining chain said it will focus instead on bringing back strong customer lures from the past.

Specials 288

Specials Pricing Management Management 288

Modern Restaurant Management

OCTOBER 11, 2021

Owners can also review sales trends from previous years to determine which items attracted the most attention per season and then create an exclusive menu with specials that specifically attracts customers to the outdoor seating area. Customized and Tailored Promotions.

Outdoor 493

Outdoor POS Front of House Seasonal Menu 493

Modern Restaurant Management

APRIL 10, 2024

Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. When prices for staple ingredients like chicken rose dramatically in 2023, restaurant operators were forced to increase their prices. Full-service menu prices climbed 4.5

2023 492

2023 Point of Sale Loyalty Program 2024 492

Modern Restaurant Management

JUNE 29, 2021

Restaurant owners can use a digital marketing campaign to communicate Independence Day deals and specials to their customers. Restaurants should update their websites to reflect the 4th of July holiday and include detailed information like 4th of July menus and/or special pricing as well as customer reviews and ratings.

Social Media 530

Social Media SEO Email Marketing Seasonal Menu 530

Modern Restaurant Management

DECEMBER 31, 2024

High menu prices have been an issue in the industry in recent years due to inflation, resulting in a decline in traffic as diners wish to spend less. In 2025, operators can offer elevated foodservice experiences at more affordable prices through emphasizing value in LTOs to drive sales.

2025 450

2025 Beverage Fine Dining Guest Recovery 450

Modern Restaurant Management

JUNE 22, 2022

Food prices are rising all over, how can you manage with a high-ticket item such as lobster? You are right, food prices have risen, and we are at a high level with lobster, however, we believe lobster prices will start to go down as we get further into the season especially as new shell (soft shell) lobsters arrive.

Seasonal Menu 474

Seasonal Menu Food Truck Consumer Goods Customer Experience 474

ChowNow

FEBRUARY 28, 2025

Creates a sense of exclusivity : Special perks make customers feel like VIPs, strengthening their connection to your brand. Limited-time offers like happy hour, seasonal specials, and holiday-inspired promotions tap into a persons fear of missing out (FOMO) and encourage immediate action. to drive spontaneous visits.

2025 195

2025 Email Marketing Social Media Loyalty Program 195

ChowNow

MARCH 27, 2025

How pricing and menu strategy affect revenue Several factors influence revenue per order, including: Pricing strategy. Review delivery pricing: Make sure delivery menu prices reflect the added costs of packaging and fees. Optimize promotions: Feature bestsellers in special deals to encourage repeat purchases.

Delivery 195

Delivery Online Ordering Loyalty Program Food 195

Modern Restaurant Management

FEBRUARY 17, 2022

Social media is a great place to share any winter or holiday specials you’re offering, creating more buzz around your business. Offer Specials and Competitive Pricing. This also means potential customers will desire healthy menu options at a fair price. Consider Adding Festive Menu Items.

Social Media 474

Social Media Seasonal Menu Customer Service Consumer Goods 474

Modern Restaurant Management

AUGUST 2, 2024

Another 25 percent said they were investing in special events and one-off promotions, and 24 percent said they were prioritizing takeout and delivery operations. As a result, they are making hard decisions to adjust prices and make menu changes. Thirty-seven percent said they’re expanding catering operations.

Influencer 251

Influencer Pricing 2024 Social Media 251