FOODSERVICE UPDATES
  • Foodservice Updates
  • Trends
    • Commodities
  • Digital Media
  • Technology
  • Safety
  • Management Tips
  • Free Newsletter
  • Recipes
    • Mains >
      • Handhelds
      • Pasta & Rice
    • Soups & Sauces
    • Salads
    • Appetizers
    • Desserts & Snacks
    • Sides
  • Foodservice CEO

​Creating new revenue streams for the long term

11/22/2021

0 Comments

 
restaurant food
One silver lining of the pandemic for the restaurant industry has been how restaurant operators have shown the ability to creatively reinvent themselves – and well beyond the menu. In addition to creating curbside pickup lanes, working from ad hoc kitchen setups and streamlining the ordering process to improve how food is provided to customers, restaurants have expanded their offerings available for purchase. While operators may not need to go as far as selling toilet paper and other household staples as we emerge from the pandemic, it makes sense for them to think broadly about what they can do to generate new revenue streams – whether from guests visiting in person, those at home or even those who live nowhere near the brick-and-mortar business. Is your restaurant known for a special marinade, salad dressing or sauce? Could it develop one that could be sold on your website, in local stores or in larger wholesale forums? Is there other merchandise you could offer to guests who have made your restaurant part of their summer vacation traditions over the years? Could you offer a subscription for meals, desserts or homemade bread in exchange for unlimited coffee or a free glass of wine when the subscriber purchases a meal from you in person? Could you collaborate with a complementary restaurant or unrelated business to create a series of special offers? Tap into your data about customer preferences to better understand what drives your guests to your business. How can you take your most enticing offerings and ensure you’re generating as much business as you can from them?

0 Comments



Leave a Reply.

    Subscribe to our newsletter

    Picture
    Picture
    Picture
    Picture

    RSS Feed

    Archives

    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018

    Categories

    All
    Accounting
    App
    Benefits
    Brands
    Budget
    Capital
    Captive Audience
    Cares-act
    Carry Out
    Catering
    Change
    Charity
    CMA
    Communication
    Compensation
    Contactless
    Coronavirus
    Corona-virus
    Costs
    Credit-card
    Crisis
    Cryptocurrency
    Data
    Delivery
    Dining
    Disaster
    Distributor
    Donations
    Drivethru
    Drive-thru
    Ecommerce
    Energy
    Equipment
    Events
    Exit-interview
    Expansion
    Family
    Festivals
    Financing
    Fish
    Flexibility
    Foodcosts
    Food Costs
    Food-safety
    Foodtruck
    Food-truck
    Food-truck
    Fraud
    Fuel
    Funding
    Ghost Kitchen
    Gift-cards
    Global
    Health
    Hiring
    Holidays
    Hr
    Inflation
    Insurance
    Inventory
    Investment
    Kitchen
    Labor
    Lease
    Legislation
    Lighting
    Limitedtimeoffer
    Local
    Loyalty Programs
    Loyalty-programs
    Lunch
    Management
    Marketing
    Mental-health
    Menu
    Message
    Negotiation
    Networks
    Noise
    Operations
    Opportunity
    Ordering
    Orders
    Outdoor-dining
    Packaging
    Pandemic
    Payment
    Popup
    Pop-up
    Pos
    Pricing
    Recycling
    Renovations
    Rent
    Reopening
    Reservations
    Restaurant-coalition
    Retention
    Rewards
    Safety
    Salary
    Savings
    Scheduling
    Service
    Shipping
    Shortages
    Staff
    Staffing
    Subscription
    Supply
    Supplychain
    Supply Chain
    Surcharge
    Takeout
    Take-out
    Tariffs
    Tech
    Technology
    Thanksgiving
    Third-party
    Touchless
    Training
    Transition
    Transparency
    Trends
    Unify
    Unions
    Vaccine
    Ventilation
    Waste
    Weather
    Wi-fi

Get our Free Newsletter
Team Four Foodservice
​Recipes
Corona Virus Resources
Value 4
Quarterly Outlook
​Palette Foodservice
​
Foodservice CEO
© 2021 Team Four Foodservice
  • Foodservice Updates
  • Trends
    • Commodities
  • Digital Media
  • Technology
  • Safety
  • Management Tips
  • Free Newsletter
  • Recipes
    • Mains >
      • Handhelds
      • Pasta & Rice
    • Soups & Sauces
    • Salads
    • Appetizers
    • Desserts & Snacks
    • Sides
  • Foodservice CEO