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Product Mix Analysis Drives Profitability and Revenue

Modern Restaurant Management

Starbucks, for example, uses a pricing strategy to find out how much customers are willing to pay for their products and services by increasing their prices in tiny increments. This required understanding of their customers and other factors such as payment methods, discounts, price-matching, loyalty and rewards programs, etc.

Pricing 116
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The True Cost of Convenience

EATER

But we found that the hard part was convincing consumers to actually accept higher prices on delivery. After two years of unsuccessfully trying to get diners to pay fair delivery fees, we had to pivot our business to corporate catering or risk failing. Anucha Naisuntorn /Shutterstock.

Catering 145
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Ultimate Grubhub, Red Lobster Catering and Parts in Town

Modern Restaurant Management

Integrating Grubhub’s API with PAR’s cloud-based Brink POS software allows Brink clients to offer a seamless ordering experience with increased accuracy in delivery and pickup times, less menu item and price discrepancies, faster setup times, and lower costs. This marks Red Lobster's entry into the $62 billion catering market.

Catering 123
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Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

Beach Retreats, the group’s self-catering brand, is also expanding and recently completed its first acquisition in Cornwall which this year will be developed to create the brand’s first coastal aparthotel, blending the independence of traditional self-catering with the best of lifestyle hotels.

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A Highly Specific Guide to Barcelona’s Best Tasting Menus

EATER

Price key: €€€€ 100-200 ($120-$240) €€€ 60-100 ($70-120) €€ 30-60 ($35-70) € under 30 (under $35). Situated in Barcelona’s famed La Boqueria market, Direkte Boqueria remains unrivaled for price and quality. The mood: Formal, but friendly, and attentive staff are on hand to cater to your every whim. Monica Burton.

Book 95
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The Fermented Foods Industry Is Built on Global Ingredients. So Why Are Its Most Visible Faces White?

EATER

Because I am Chinese-Malaysian (then a rarity in the industry), many customers assumed our product was of Asian origin, and I endured racist comments about its price point, taste, and provenance; many retailers and customers found tibicos hard to pronounce and asked why we didn’t call it by its more commonly used name, water kefir.

Workshop 135
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MRM Franchise Feed: Bad Ass Gets Bigger and New Prototype for Bagel Boss

Modern Restaurant Management

After moving to Maquoketa in 2011, Radtke began creating special moments for Happy Joe’s guests as a server a year later. From Left to Right: Jerrod Mitchell Randy Bates Ron Bellamy Jim Taylor Jessica Reicher Jeff Baranco Ricky Price Kristy Brave Matt Strange Kim Nguyen April Rogers Bo Davis Tim Mei Charley Harman.

Marketing 180