Restaurant prices have undergone a reality check in recent months and years. If, like the vast majority of operators, you have had to hike menu prices to keep pace with such stresses as inflation and rising staff compensation, your guests may scrutinize their spending a bit more – perhaps cutting back on visits or ordering less when they do. Or, they may visit you on occasions when they are apt to eat a bit less – like for an after-work snack and beverage with a friend or a pre-workout boost. But you can take some steps to manage the perception that you’re stretching guests’ budgets and also drive off-peak traffic by making your between-meal dining occasions feel more special. For example, you can double down on your value options – guests are still apt to respond to offers of combo meals, meal bundles and other items that make them feel like they are getting more for their dollar. Pour some creativity into your between-meal periods by offering some eye-catching hot and cold beverages that guests can customize with their own additions. It’s also important to get personal: New research from TouchBistro found that 64 percent of restaurant operators are sending personalized offers to guests, up from 55 percent last year. So even if you’re already sending personalized offers to your best guests, your offer may be one of several vying for their attention. Drill down on your guests’ habits and lifestyles to ensure you’re offering food and drink options they will want to make part of their day. It’s a theme that has persisted since the pandemic: Consumers simply want more from restaurants than quality food and drink these days. As factors such as food inflation, threats of recession, and the slimming down of menus and staff rosters have made ordering restaurant food a harder sell for consumers, more operators have turned up their experience factor to help attract traffic. The result is a restaurant that feels like it’s as much about the atmosphere and excitement of the experience as about the food on the menu. As a recent Forbes report details, experiential dining can involve such elements as immersive themes, interactive elements, storytelling or entertainment. This can be achieved by changing up guest expectations through rotating pop-up concepts, themed dining events, or collaborations with guest chefs or complementary businesses, for example. Similarly, US Foods reports that more restaurants are boosting their experiential vibe with entertaining tableside prep, such as fancy knifework displays and avant-garde, Instagram-worthy cocktails. These approaches also provide natural opportunities for businesses to promote their offerings on social media, entice guests who are active on social platforms to share content from their visit, and forge partnerships with online influencers who can further spread the word. Even if you’re not looking to put on a show for guests, think of experiential dining as simply a means of keeping things interesting for guests. This can be a natural outgrowth of the way you have had to make regular changes on your menu due to supply chain snags or the changing of the seasons. Consider rotating in more limited-time offerings or specials, or featuring a reinvented menu of drinks, appetizers or entrées each season to keep the experience new and fresh for your guests. |
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April 2024
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