With increased costs, supply chain disruption, and labour shortages, making your restaurant as profitable as possible is paramount to your success. Do you have a revenue management strategy that works for your business? Revenue management is a system where you create win-wins for your customers and your business, offering value while protecting your margins. There […]
Customers are always looking for better, smoother, and faster restaurant experiences and that applies to their off-premise dining, too. As the landscape focuses even more on convenience, restaurants will need to decide on a delivery system that offers the best customer experience. According to Paytronix, both first-party and third-party options offer benefits for restaurants and […]
Creating dishes that appeal to your guests is crucial to the success of your business, but how do complexity scores factor into your menu? Complexity scores represent a rating for the level of difficulty associated with the items on your menu, and once you start looking at those scores, you’ll find ways to up your […]
Suggestive selling is something restaurants have been practicing for years, but in today’s economy, it may be an even more valuable asset. Research shows that restaurants that master suggestive selling can up their sale averages by 30 per cent, while also boosting customer loyalty. 73 per cent of diners say that their experience relates to […]
By Katie Belflower RestoBiz and Technomic’s first 2023 edition of Concepts to Watch showcases three Canadian restaurant concepts, highlighting what makes them stand out from the crowd. This month, the focus is on Enoteca Monza, Bier Markt, and Topla. Enoteca Monza Calabrese Pizza Facebook: 9,260 likes | Instagram: 5,623 followers Locations: 9 (Quebec) Concept characteristics: […]
By Katie Belflower Making a name for yourself means offering your customers something that is unique to your restaurant. In the most recent edition of Concepts to Watch, RestoBiz and Technomic focus on three unique restaurant concepts that stand out in the Canadian foodservice industry. This month, Craft Beer Market, Waves Coffee House, and Press’d Sandwich […]
Is your food photography translating to sales for your restaurant? 82 per cent of people say they would order a dish based on its photo, so appealing photos can mean more profits. In fact, restaurants switching from a text-based online menu to a photo-based menu reported increased conversion rates of 25 per cent. Whether you’re […]
By Mark Plumlee To maximize the success of your business and get the most out of every transaction for your restaurant, your servers need to know how to upsell. As any salesman worth his salt will tell you, upselling is an effective way to increase boost your profits and get customers taking you up […]
By Katie Belflower Attracting attention for your restaurant is crucial in offering something unique to your customers. In the latest edition of Concept Watch, RestoBiz and Technomic focus on three key restaurant concepts from Canadian foodservice. This month, we are highlighting Michel’s Bakery Cafe, Angry Dragonz, and Bubble World and showcasing how these restaurants are […]
As inflation continues to rise and labour shortages persist, it may be time to look at your menu pricing strategy as a way to cut costs and raise profits. As a restaurateur, you know it’s a balancing act to keep customers happy and stay in the green. Understanding how to create a menu pricing strategy […]
