restaurants

How restaurants can survive and thrive during the slower season

By Brittain Brown

Restaurants are grappling with a unique set of challenges – the confluence of inflation, winter weather, and the post-holiday lull creates a perfect storm, leaving many establishments feeling the financial pinch. Amidst the struggles, this is a chance for restaurateurs to think outside the box and find innovative ways to attract customers by freshening up their operational approach. By leveraging new strategies and forecasting preparedness, operators can not only weather the storm but also emerge stronger.

Boosting customer engagement for sustained success

The seasonal slump can be combatted through continuous customer engagement. Studies show that customers who feel valued visit their favourite restaurants 56 per cent more times per month. Loyalty programs can be a game-changer for restaurants, which can offer exclusive discounts and special promotions to build a steady flow of repeat customers.

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Introducing innovative seasonal menus with a mix of customer favourites and trendy new items can also encourage repeat visits and appeal to a diverse customer base. A novel dining experience can turn a one-time visitor into a loyal customer who returns time and time again. Restaurants that leverage these customer engagement techniques can foster customer retention, ultimately contributing to sustained profitability.

Capitalizing on seasonal holiday promotions

The slow season can be offset by strategically tapping into seasonal events. High-traffic holidays like Easter present prime opportunities for restaurants to run unique promotions like specialty cocktails, prix-fixe menus, or complimentary desserts. Additionally, implementing a prix-fixe menu can help streamline the ordering process by simplifying the menu, while also offering opportunities to upsell add-ons and beverages.

To ensure outstanding service and seamless operations, operators can manage customer needs by stressing the importance of elevated guest interactions. Tailoring the guest experience to each holiday occasion can draw customers who are looking for a special dining experience, and restaurants can turn slow periods into lucrative opportunities by capitalizing on the increased foot traffic over the holidays.

Embracing technology for efficiency

In today’s digital age, technology plays a pivotal role in the success of any business. Updating restaurant technology, including point-of-sale (POS) systems, online ordering platforms, and customer data analytics apps will ensure that operations remain streamlined and efficient. With a robust POS system in place, restaurants can manage staff, menus, and inventory, optimizing operational efficiencies. Restaurants with integrated technology solutions will also be able to make smarter, data-driven decisions, with access to everything from customer insights to seasonal trends and sales breakdowns.

Online and delivery ordering services for convenience

With the popularity of food delivery apps, restaurants can capitalize on this demand for convenience by offering online orders and delivery services, if they don’t already. In the chilly winter season, individuals often find themselves reluctant to dine out, but they still crave the convenience of restaurant food. As a result, restaurants can increase sales when customers decide to stay home, offering incentives like discounts and waived delivery fees to drive more orders and encourage repeat business. While overhead fees can be a concern for operators, increased bill size can help to justify the costs associated with takeout and delivery at the outset.

The power of restaurant gift cards

Restaurant gift cards are a potent tool for driving traffic. In 2023, 42 per cent of Canadians agreed that they would most like to receive a restaurant gift card as a holiday gift, and nearly all Canadians like receiving gift cards as gifts. This data illustrates the value of gift cards, enticing customers to try a place for the first time, and encouraging regular patrons to return or explore new menu items with their remaining card balances.

Whether it’s a first-time visitor or a returning customer, gift cards are a valuable asset for restaurants. To simplify the purchase process, restaurant operators can focus on user-friendly website design, integrating gift cards into promotions, and incorporating messaging in marketing campaigns for seamless integration and enhanced customer satisfaction. Leveraging these strategies can allow access to guest data and utilize gift cards as an effective marketing tool.

Embracing innovation and strategic thinking

The slow season offers opportunities for innovation and strategic thinking in the face of mounting challenges. Adopting strategies like fostering customer engagement, capitalizing on seasonal promotions, creating innovative menu offerings, and leveraging technological insights can help restaurant operators drive success and profitability. While some integrations may require an initial lift, restaurants will see a return on their investment in the long run, sustaining profitability in a typically quiet time of year.

Since joining Givex in 2003, Brittain Brown has held various managerial roles in National Accounts and Operations. As President, Brown has driven Givex’s international expansion and overseen the successful acquisition of new additions to the Givex family of companies. His leadership and passion have been instrumental in the company’s explosive growth.