article thumbnail

Definition of revenue growth strategies

Les Roches

Pricing strategies Inverse Couple Images/ Moment via Getty Images Did you know that, on average, large retailers change prices every three minutes ? To achieve­ revenue growth, imple­menting effective­ pricing strategies is fundamental and a discipline in itself.

article thumbnail

Why restaurants fail: Make sure you do not make these 38 mistakes

Lithos POS

Planning is an important responsibility of any restaurant management. As a growing brand, management needs to have an understanding of what to achieve in the future and where to take the business from. By analyzing your competitors you can understand their marketing strategy, menu, pricing, and business practices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Top 25 Restaurant Management Apps for Owners and Operators

7 Shifts

Payroll can be a huge chore in this industry due to its time-sucking nature, and other accounting needs like inventory and budget management aren't exactly easy (or exciting). But QuickBooks makes these financial obligations more manageable and more insightful. Apple | Android 8.

article thumbnail

How to excel as a sales and marketing director

Les Roches

Masters in hotel management online Conclusion Becoming a successful sales and marketing director in hospitality demands a blend of strategic skills and qualifications. This dynamic role encompasses responsibilities like strategic planning, brand management, and market analysis. What does a sales and marketing director do?

article thumbnail

The Top 25 Restaurant Management Apps for Owners and Operators

7 Shifts

Payroll can be a huge chore in this industry due to its time-sucking nature, and other accounting needs like inventory and budget management aren't exactly easy (or exciting). But QuickBooks makes these financial obligations more manageable and more insightful. Apple | Android 8.

article thumbnail

Mastering restaurant branding: secrets to success revealed

Les Roches

Bargain prices? What age, occupation, budget, and interests do they have? Understanding these behavioral nuances can steer successful restaurant branding decisions. You can do this by studying: Interest patterns: what do they prefer? Fast service? Unique flavors? Behavior patterns: when do they usually eat out? Weekend brunches?

article thumbnail

AI Food Intelligence and Now Serving Democracy

Modern Restaurant Management

Focused on the retail, services and restaurant industries, the SpotOn ecosystem offers powerful technology to small- and medium-sized businesses (SMBs) at a price they can afford. BIBO will work on general sales, marketing and communication, brand development, and new product launches. SpotOn Executive Team.

Marketing 188