Inflation is Changing the Ways Restaurants Operate

As everything gets more expensive, consumers are panicking, and business owners are in a predicament. To cover supply chain costs, restaurant owners need to raise their prices. However, will raising these prices cause them to lose some loyal customers who cannot afford it anymore? With any shift in costs, business owners will see the effectContinue reading “Inflation is Changing the Ways Restaurants Operate”

The World of Hybrid Restaurants

Over the past few years, restaurants from all over the world have been incorporating different types of technology and new changes. Since COVID-19, restaurants have joined in the trend of contactless payments, contactless ordering systems, ghost kitchens, and now hybrid restaurants. What is a hybrid restaurant? A hybrid restaurant is a mixed-format restaurant and hasContinue reading “The World of Hybrid Restaurants”

Summer Food Trends of 2022

Spring is still blooming, but summer food trends are brewing. Restaurant chefs are ready to reconnect with their kitchen to create new recipes for the steaming hot weather in the next few months. However, due to supply chain issues and food shortages, chefs are doing their best to work with what they have. Thanks toContinue reading “Summer Food Trends of 2022”

Change of Payment Methods in Restaurants

Since the pandemic, restaurants and other businesses have adapted to many changes throughout the years, and this includes payment methods. The most common ways of paying are through cash, credit card, or debit. However, this has changed in recent years. The pandemic caused many restaurant and fast-food owners to think of new ways to incorporateContinue reading “Change of Payment Methods in Restaurants”

Loyalty Programs for Restaurants

Why you should consider adding a loyalty program for your restaurant. Loyalty programs are an essential tool to have in a business. According to Gartner, 80% of future revenues come from 20% of your current customers.1 In addition, it was found that 78% of customers are more likely to continue to spend on a businessContinue reading “Loyalty Programs for Restaurants”

Cryptocurrency in the Restaurant Industry

Cryptocurrencies are digital currencies that use cryptography to secure transactions and prevent counterfeiting and fraud. How does it work? According to Alison Conner of Edible Tampa Bay, “Crypto comes with a built-in ledger system, a database called the blockchain, which stores a record of every currency transaction ever made. Records on the blockchain are accessibleContinue reading “Cryptocurrency in the Restaurant Industry”

The Benefits of Food Lockers for Your Restaurant

History of Automats Food lockers, also known as Automats, were created in the late 19th century in Berlin but didn’t grow in its popularity until the 20th century for restaurants and fast food.1 Even so, the popularity since then has died down, but it’s slowly making a comeback. In the early 20th century, Automats wereContinue reading “The Benefits of Food Lockers for Your Restaurant”

Trending Restaurant Technology of 2022

The restaurant industry has been slowly adopting new innovative technology and digital solutions as of recent. Since 2020, this has led to an increase of new technology systems for restaurants and helped them adapt to a new digital reality. Technology and digital systems have helped many restaurants over the years, especially during 2020 and 2021.Continue reading “Trending Restaurant Technology of 2022”

Why You Should Expand Your Restaurant and Bar’s Mocktail Menu

Mocktails and non-alcoholic beverages are growing in popularity throughout the years amongst Millennials and Gen-Zers. “59% of millennials cite avoiding loss of control as the primary motivation for limiting alcohol consumption on a night-out.”1 According to research studies conducted by FiorMarkets, non-alcoholic drinks are expected to grow eight percent per year across the globe throughContinue reading “Why You Should Expand Your Restaurant and Bar’s Mocktail Menu”

The Controversy of Third-Party Food Delivery Services

The demand for food delivery services increased when COVID-19 emerged. These third-party delivery services provide independent delivery personnel to deliver food to customers through their apps with a delivery fee and tip for the delivery driver. Most restaurants benefitted from these third-party food delivery services, but other restaurants did not have the same success rate.Continue reading “The Controversy of Third-Party Food Delivery Services”

Metaverse: What it means for restaurants

Metaverse is the next evolution of social media, virtual reality, and the virtual world. Facebook has now been rebranded to the name, “Meta,” and is creating a virtual world through the metaverse. Meta’s (Facebook) founder, Mark Zuckerberg intends for metaverse to be a 3D, virtual space in which people can socialize, learn, and collab withContinue reading “Metaverse: What it means for restaurants”

The Next Era of Social Media Marketing for Restaurants

Social media continues to be one of the best marketing channels of the century. Social media is an essential component of many brands’ marketing strategies. 90% of marketers say that social media marketing has increased their business exposure.1 However, as technology continues to change rapidly, so do social media and digital marketing. Tactics that areContinue reading “The Next Era of Social Media Marketing for Restaurants”

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