Tag Archives: restaurant business

Why your restaurant is losing profitability?

Have you ever thought of this dreadful question and tried to figure out a promising restaurant marketing solution for your business?

Well, I being a Marketer, am often bombarded with similar questions like how to grow our business, how to market it etc. But this particular one reminds me of one of the client meetings that I attended a few days back.

A nice summer morning and I was still struggling to get into my daily work routine after the long Christmas holidays. I remember doubling my daily coffee dose that day and checked my list of client meetings for the day before leaving with my naturally large smile.

‘Mark’, the name of the restaurant owner I was going to meet today had connected with us recently for a consultation meeting. I entered his restaurant and there was him with a sincere smile on his face reaching out his hand for a handshake and I did the obvious. I then followed him to his small cabin behind the reception area and was offered a relaxed chair to sit on. We started with a formal introduction about each other and then he came to the actual topic, Mark said, “Sheryl, I have invested a lot in this restaurant and I don’t know why but I am not getting good profits”. Before I could start with my pitch, he pulled out a diary from the drawer, flipped through it and placed it in front of my eyes with his finger pointing at some numbers.

Mark continued, “These are some figures showing the number of customers I am receiving each month, I think this would be useful for you to know where we stand”. I looked at those figures per month and I knew that what Mark wants to tell. As I looked up, Mark looked at me with an inquiring face and said, “The visitors are not growing and the profits graph is not impressive”.

I knew I was not here for just an answer or a restaurant marketing pitch, but for a solution. So I learnt a more about his restaurant business and he answered to each of my questions patiently. There were questions like the year of establishment, the months with the highest number of customers, and the main target audience.

I had known enough to feed Mark’s curious eyes with my experience and knowledge, so I helped myself to a pen and a paper, where I wrote my 1st solution “The 7 Km Radius Rule”. I knew Mark was not sound with the various concepts of digital marketing and I wanted to cut to the chase right away.

“The 7 Km Radius Rule” I read it to him loud and continued, “See Mark, what matters the most for your business is your target audience, and for your restaurant business, you just cannot ignore the 7 Km rule. Your target customers are right here within 7 km radius of your restaurant and approximately 85% of your visitors will come from here. So the first thing you need to do is promote your business within this 7 km radius, whether online or offline.”

Mark’s gesture showed he was a little satisfied with the solution, but his curiosity demanded more and I wrote down the 2nd solution on the paper, “Reviews and Referrals”. This time it was Mark who read it (in an expressionless voice), “Reviews and Referrals”. I then continued, “Mark, how do you choose a hotel? You look at the facilities, price, and then when you have your options ready, you decide your preference based on the customer ratings or the reviews from your FRIENDS. That same goes for restaurants, you need to invest in the word to mouth marketing strategy for your business, whether online on social media or offline.”

Mark gave a satisfied smile and said, “you have hit the nail on the head, I think we are lacking in it a little.” I gave an appreciating gesture and read the 3rd solution loud while writing it “Wrong Marketing”. I could see Mark’s curiosity climbing on his eyebrows and I continued, “Mark what if you are promoting on the wrong platform or pitching the wrong audience? Your marketing investment plans should be decided. You need to be clear whether you are looking for long-term results or for instant returns. There is – SEO, SEM, Social Media Marketing, Email Marketing, Influencer Marketing, Content Marketing, Offline Promotion, but the question is ‘where you will find your right audience?’ So, that is where I can help you decide and implement the right restaurant marketing strategy for you.” Mark had been a patient listener all this while and his expressions made it clear that he agreed with me on many points.

Now I had focussed a lot on internet marketing and I wrote the 4th and the most crucial reason why your restaurant visitors might not be growing – “Your Food Is Not Good”. Before I could start, I looked that smile on Mark’s face. And I said it clear, “No matter how good is your marketing strategy, if your food is not good, people will not come to your restaurant.” Mark laughed out loud and said, “Why don’t you give it a try you will surely like it.”

A storm of laughter broke down in the cabin, I heard the door behind me opening halfway and in a welcoming voice someone said, “Your table is ready Sir.” Mark placed the paper in his diary, and we left the cabin.

Have you ever found yourself at a crossroad, where your restaurant business has stopped showing any growth and all you want to know is “How can you increase your restaurant visitors?” So, above are some points that might help you!

10 Ways to Boost Your Restaurant’s Footfall by Promoting Your Menu

We are currently witnessing significant growth in the restaurant industry, making it more challenging for owners to fulfil their restaurant marketing goals. Every restaurant owner wants high footfall and great business exposure – but if their menu is not promoted effectively, they can find themselves behind the eight ball from the get-go.

If you want to leave the competition for dust, here are our tried-and-tested 10 Best Ways to Promote Your Restaurant Menu Online!

1. Promote Your Menu through Yelp, social media reviews and Quora

If you utilise Yelp reviews correctly, you can boost your brand credibility and establish a further presence. Gaining positive Yelp reviews and social media reviews have a knock-on effect. You can use these reviews as a platform from which to promote your restaurant menu and any special deals. This can be done by replying to reviewers and guiding them to your menu and specials.

You can also use this restaurant marketing strategy to attract customers from the popular social forum Quora. Look for questions like ‘Best dishes to try to Sydney?’ or ‘Best place to dine?’ – these are prime opportunities to promote your menu.

2. Snapchat is the way forward

When planning your social media platforms, you probably took Facebook, Twitter, Pinterest and Instagram into account. But did you consider Snapchat?

Snapchat made its debut in 2011 and has grown rapidly, with reports of 178 million active users daily. The photo and video sharing app give your business a much wider audience. What’s more, Snapchat users are largely millennials (the generation with the highest spending potential!). You can effectively promote your restaurant menu through Snaps and Snap Ads and in doing so, you tap into the youth market.

3. Time-based promotion on Twitter

Plan your restaurant marketing budget efficiently by scheduling your tweets! You can divide and schedule your menu promotion tweets to correspond with the time of day – thereby earning a greater return on investments. If you have a special breakfast menu on offer, for example, you can schedule your promotional tweets to appear in the morning to attract the most sales potential.

4. Utilise the Menu Tab on Your Restaurant’s Facebook Page

Facebook allows you to begin promoting your menu immediately – look for the ‘Menu’ option on the business page layout. You can use the menu option to display your menu clearly and to promote any special offers – this should ultimately attract new customers.

5. Build a Direct Restaurant Marketing Channel Via WhatsApp and SMS Marketing

If you want your business to have an excellent customer reach, WhatsApp and SMS are invaluable.

You can register your restaurant visitors’ phone numbers after you have collected them from feedback forms. You can then use these numbers to further promote your menu. Create a broadcast message on WhatsApp or SMS, and you can begin promoting your existing menu and any special deals right away. 97% of marketing texts are read, and 90% are read within three minutes of receiving them – so this strategy offers your business conversion potential.

6. Take Your Loyal Customers, and Turn Them into Influencers

Influencer marketing strategy can help you to substantially boost your brand presence – but it does come at a cost. Instead of reaching out to professional influencers, think about using your loyal customers instead. Create a deal that incentivises posting pictures of your menu and food on social media, using hashtags relevant to your business, and tagging your business as the location. Your loyal customers will benefit from the deal or discount, and your business will benefit from the organic exposure.

7. Increase Engagement Through Food Blogging

Food blogging is a fantastic way to increase your engagement and creditability. Food bloggers create hype for your business. Reach out to notable food bloggers and offer to host them at your restaurant for free in return for their review. Many food bloggers are highly influential, and a glowing review from just one food blogger can mean seriously good press for your business.

8. Email Marketing

Is paid advertising earning you a decent return on investment? Try promoting your menu via email marketing.

Newsletters can be a great way to promote your new dishes, specialities and menu. Email marketing has a 2.5% click-through rate, while paid advertising has a 0.07% click-through rate. When it comes to cost-effectiveness, the former beat the latter.

9. Promote Your Restaurant Menu on your Google My Business Page

Are you promoting your menu on your Google My Business page? If not, put this into practice as soon as possible! Regardless of whether you have a website yet or not, your Google My Business page is the first representation of your business that customers will see when they use a search engine. This is a great opportunity to make a lasting, positive impression. Use the images section of the Google My Business page to display your menu. This will help potential customers access your menu, and share it with others.

10. Partner with the Top Delivery Services in Australia

Food delivery services are becoming increasingly popular, causing the online food ordering trend to rapidly gain traction. Incorporate these delivery services into your own business.

Food delivery services have an excellent customer reach and are extremely popular – allowing you to promote your menu and specials to a huge customer base. Menulog and UberEats are the most popular food delivery services in Australia. Menulog is registered with over 9000 restaurants and receives a whopping 64, 963 visitors per day. Other popular services in Australia include – EatNow, Deliveroo, Foodora, Delivery Hero and Skip. The number of daily visits to these platforms ranges between 8,700 and 10,000.

SO….

These are some of the ways that you can successfully promote your restaurant menu and attract more customers to your restaurant. Watch this space for regular updates on effective marketing strategy.

10 Reasons to Revamp Your Restaurant’s Marketing Strategy in 2018

In Australia, the restaurant business has significant potential. However, the restaurant industry is one of fierce competition, leaving restauranteurs with a slim margin of error. The survival rate of businesses operating within the Australian food service industry was 53.3% from 2012 to 2016 – the lowest rate amongst all industries. Therefore, to remain at the head of the pack, it helps to think of yourself at a ‘restaurant marketeer’ rather than a mere business owner. There is a need for smart restaurant marketing strategies.

The beginning of 2018 is the perfect time to begin revamping your restaurant’s marketing strategies. If any of the following scenarios ring a bell, it’s time to consider new marketing tactics.

1. Your footfall has not increased in the past six months.

Australia is a food-loving society. Our population is approximately 24 million, and the average Australian prefers to dine out between 2-3 times a week. This means that the nation’s restaurant industry is looking at a potential customer base of more than 50 million visitors per week. The customers are out there. If you are not hitting your footfall targets each month, it’s time to rethink your current strategy.

2. You have a fully functional website, but are not receiving enough traffic.

Having a stand-out website can help you pull away from the pack, but to be effective it also needs to bring in business and boost your brand’s popularity. A restaurant website with average performance receives approximately 1500 visitors or more per month. If your website isn’t exceeding, or even meeting, this number of visitors, this needs to become a new business priority.

3. You have little or no social media engagement (few or no likes or comments on your content).

Consistent social media engagement is a highly sought after in the restaurant business. These days, everyone is a social media user, and these platforms give businesses huge influencing potential. The highest social media engagement ratio for the restaurant business comes from Instagram, where the figure sits at 15.08%. The more social media engagement you garner, the more chances you have of increasing your popularity and business. If your social media platforms are flatlining, now is the time to shake things up.

4. You are not receiving any direct enquiries from your audience.

Today’s potential customer has no qualms about calling or messaging a restaurant ahead of visiting to enquire about the atmosphere or menu. If the phone isn’t ringing, and your inbox is empty, you need to implement some new restaurant marketing strategies pronto!

5. You are not receiving any online reviews.

Time for some stats! 74% of customers are influence by word-of-mouth marketing, and 88% of consumers trust reviews that originate from customers. Online reviews and customer referrals can make or break your business. If your customers are not compelled to go online and share their positive experiences, your new marketing strategy needs to compel them to do so.

6. You are getting little to no online orders

The Australian food delivery sector is predicted to grow at an annual rate of 20% from 2017 to 2022. The industry itself is currently worth approximately $1.3 million AUS. Online ordering has huge business potential for your restaurant. If you aren’t generating decent returns from online orders, you need to reassess your current restaurant marketing strategies.

7. Your competitors are trumping you in key areas

As a marketer, you need to keep a watchful eye on your competitors, and regularly exam why you may be lagging them in some key areas. If your direct competitor is receiving higher footfall, has a stronger brand presence and appears to be raking in a higher monthly revenue, then it’s time to get back in the game with some fresh restaurant marketing strategies.

8. Your customer base is stagnating

Gone are the days where a restaurant could rely on a loyal clan of unchanging ‘regulars’ for survival. Your restaurant needs to constantly attract new business to grow and thrive. If your customer conversion rate is low, and you are not publicising any exciting events or special deals to attract new faces, then you need to start doing so in 2018.

9. You aren’t supported locally

The success of a restaurant business is very much intertwined with local awareness of the business and local footfall. Locals use search terms like ‘bars near me’ and ‘restaurants nearby’ in order to seek out great food and venues in their vicinity. If the locals are not even aware of your existence, then how can you expect any out-of-town customers to seek out your restaurant? If you feel your business lacks local support, it’s time to head in a new direction.

10. You are lacking in online presence, and your specials and/or menu do not appear in search results

More important statistics! 49% of users prefer to go online and view menus before they decide which restaurant they will be heading to. Additionally, 85% of customers will use the internet to get directions to a local business. If search results are not promoting your specials, or your location, then treat this as a matter of urgency in 2018.

If any or all of the above scenarios apply to your restaurant business, start 2018 off on the right note and revamp your restaurant marketing strategies!