Leveraging Market Research & Analytics for Better Restaurant Profits
Together, restaurant market research and analytical tools can help restaurants achieve a higher return on investment (ROI) and remain competitive.
Best Practices to Optimize Restaurant Menu Prices
Driving margin and maintaining (or growing) guest count are often seen as incompatible by restaurant operators. But there is a way where one doesn’t have to compromise margin and guest count.
Menu Price Increase- Moving Beyond “Adjust and Pray” Tactics
Increasing the prices on your menu is one of the most challenging and risky parts of running a successful restaurant business. In this article, we will explore the best practices for restaurants to periodically raise menu prices, while maintaining profit margins and avoiding key areas of risk.
The Fight for Data – How Apps are Changing the Way Restaurants Do Business
Using the data collected from restaurant apps for pricing purposes can generate significant payback. Learn these 3 strategies on leveraging data that drive profits & improve CX.
How Pricing Research Can Help Firms Navigate a Changing QSR Environment?
To stay on top of changes in shifting QSR environment, leverage the power of pricing research to grasp trends in customer buying behavior.
Make Pricing Your Ally: How to Put Value Back on the Menu
From QSR to family and casual dining, the “money” side of value equation – driven by pricing – is a challenge for restaurants. It doesn’t have to be that way. The purpose of this white paper is to demonstrate how having a value-based pricing strategy in place optimizes long-term profits for restaurants.
Foodservice Businesses: Going from Afterthought to Attractive Profit Center
Excess capacity is the bane of many industries. It can be blessing in disguise, though, once manufacturers figure out how to use it to their advantage without threatening their core businesses.
Value in the QSR industry: It’s about being special, not better
“Value” is an easy word to say in any industry. We all know you have to create it, communicate it, and capture it.
Pricing – Look Before You Leap
Are you at a cliff deciding whether you should cut prices to react to new market realities or stand pat and maintain gross margin?
Guac is Extra – Does Chipotle’s Price Point Make Sense?
Why does Chipotle charge a 200% price premium for their guacamole? We discuss pricing opportunities for the beloved burrito chain.