As a restaurant owner or manager, you already know how important the decisions you make about your restaurant are to the overall success of your operations. However, are you making the best decisions, ones that will set you up for success, or are you unsure of how they will affect your restaurant?
Leave the guesswork out of making decisions with the power of web-based reporting tools. Not only will you glean more from your restaurant’s valuable data, but you will be able to make even more meaningful decisions that solidify the future of your operations. Here’s how you can do it:
Analyze menu item popularity with sales data
The timeless saying about the customer being right is especially true when it comes to your menu. Afterall, they are the ones making selections from it, which is why you need to know what items are selling well and which ones aren’t.
A web-based reporting tool that can really help your restaurant optimize your menu is restaurant analytics software. Not only will this software give your operations more visibility to let you know what is and isn’t selling, but it will also enable you to identify what promotions you need to run to sell more of the product and eliminate the supply.
Determine if loyalty campaigns and marketing efforts are effective
Do you have a loyalty program? How can you tell if the marketing campaigns and promotions you’re creating around them are working?
If you’re not collecting data about your loyalty programs and how successful they are, you should be. Not only do these programs help drive repeat business, 82% of loyalty program members have also been found to refer at least one more person to join your loyalty program.
Results your restaurant should expect from a successful customer loyalty program include:
- Higher ticket averages, up to $2.14 more than traditional guests
- Improved guest relationships
- More valuable data
Ensure labor management is cost effective
One of the biggest woes of the restaurant industry is dealing with labor. Not only is labor one of the most expensive parts of running a restaurant, but it is one of, if not the most essential part of your restaurant. With the power of a web-based reporting tool your restaurant will feel less of a strain when it comes to managing this huge aspect of your business.
By leveraging the power of a point of sale system designed specifically for the restaurant industry your business will have access to an effective employee scheduling tool. Not only should this system help you plan the schedule for your employees, but it should also create labor reports. These reports are crucial for understanding sales breakdowns, break entries, employee productivity, and more.
Web-Based Reporting Tools for You
Every restaurant is different. That’s why your restaurant needs reporting and analytics tools to get the most from your data to help you run an effective and profitable operation.
Contact the experts at Focus POS today and discover how our restaurant tools can help your business become more profitable than ever before.