Food Data Scrape’s Post

❓ Sales & Marketing Teams- Do You Know How to Harness Data Trends for Maximum Impact Join us at #IFDASMart for an insightful session from Yelp, where we delve into the latest consumer and restaurant trends shaping the food and beverage industry. In this dynamic discussion, we’ll explore how distributors are utilizing data to effectively manage their businesses, catering to evolving consumer preferences and staying ahead of the curve. Explore SMart https://ow.ly/c7QV50Sfqgk #IFDASMart2024 #speakers #networking #salesandmarketing #salesandmarketingtrends #marketingtrends #salestrends #dataforecasting #evolvingpreferences #customerneeds #registrationopen #connectandnetwork #talkaboutwhatmatters #IFDA #IFDAEvents #IFDALearningExchanges #IFDADistributorMember #IFDADistributorEvent #PeertoPeerLearning #PeerNetworking #Smallgrouplearning

Did you know that Black Friday isn't just for retail? Restaurants see a massive boost too! Here are some stats that show how the biggest shopping day of the year impacts the dining industry: ⚡ 72% of Black Friday shoppers dine out. Whether it’s a quick bite or a full-service meal, restaurants become essential pit stops during shopping sprees. ⚡ Restaurant sales increase by up to 9.6% during Black Friday weekend. Consumers need fuel to keep up with the shopping chaos—and restaurants deliver! ⚡ Gift card sales surge by 22% during Black Friday. Diners aren’t just eating; they’re gifting! Fine dining restaurants, in particular, see a significant rise. Black Friday is more than a shopping day—it’s an opportunity for restaurants to shine. #BlackFriday2024 #RestaurantIndustry #DiningTrends #HolidayHustle #FindyourNorthStar

According to our internal data, grocery retailers can see up to a 7x increase in prepared foods sales during Thanksgiving. In a competitive industry, catering and food service can be a powerful differentiator for grocery retailers, helping boost customer loyalty and satisfaction, along with a hefty increase to the bottom line. If your grocery business is need of a better order management system to streamline in-store production, offer an intuitive customer ordering experience and provide a seamless in-store fulfillment flow, it's time to start a conversation with the FoodStorm team. The summer months are the perfect time to get your new system setup, and team members trained, so when the holidays roll around you're ready to have the smoothest, most profitable holiday catering season to date. Read about all the grocery food service and perimeter use cases FoodStorm can serve here: https://lnkd.in/gK46HQDW And if you're ready to learn what FoodStorm can do for your grocery business, get in touch today: https://lnkd.in/gHFh_M7G #grocery #holidayseason #catering

Interesting session at #QSREvolution around expanding revenue streams with Gregg Majewski, Geo Concepcion, Reem Fahoum, Bonnie Lavaroni, James Walker, CFE, and Bruce Reinstein. Key takeaways/insights: Add new things to the menu mix to evolve with consumer tastes and focus on value. Virtual brands off additional top line sales while leveraging existing resources and SKUs. Catering and events offers a way to quickly multiply revenue growth. #1 catering request is breakfast, according to ezCater. Retail gets your sauces, syrups, and other products in your guests hands at home. LTOs help test into what your guests want, as tastes evolve. DoorDash and other platforms can help drive online orders towards LTOs and specials. Execute on your core products in the most effective way possible. Value can be just a better experience. Do what you can to increase frequency of your guests. Show pictures on your menu of the items that you want to sell more of. Food and experience should be memorable and Instagramable. Include offerings that are tailored to specific regions. #QSR2024 #NextGenRestaurantSummit

Even just a few blocks can make a massive difference in customer preferences! 🗺️ Ashwin Kamlani shares a great example. They found major variability in popular menu modifiers like steak vs. shrimp at different locations within the same restaurant group. By tapping into local data to analyze these nuances, they optimized menu pricing in a scientific way that boosted profits. Because it aligned with the tastes of each specific customer base. It's these granular, custom insights that allow JUICER's data-driven pricing approach to outperform traditional menu engineering tactics. If you have a multi-unit restaurant business, are you truly attuned to localized customer behaviors like these? This full episode is packed with eye-opening strategies. Drop a comment for your favorite menu item modifier! #RestaurantMarketing #MenuEngineering #PricingStrategy #LocalMarketing #DataAnalytics #FoodService #MultiUnit #FranchiseMarketing #PricingOptimization

Feeling the heat on food prices? You're not alone! 92% of consumers think they've been too high for too long. Whether it's grocery shopping or dining out, our wallets feel the burn. Discover more about this hot topic in the latest issue of The Independent. Dive in now via email or our member portal! #FoodPrices #TheIndependent #MoneyMatters #Datassential

Even just a few blocks can make a massive difference in customer preferences! 🗺️ Ashwin Kamlani shares a great example. They found major variability in popular menu modifiers like steak vs. shrimp at different locations within the same restaurant group. By tapping into local data to analyze these nuances, they optimized menu pricing in a scientific way that boosted profits. Because it aligned with the tastes of each specific customer base. It's these granular, custom insights that allow JUICER's data-driven pricing approach to outperform traditional menu engineering tactics. If you have a multi-unit restaurant business, are you truly attuned to localized customer behaviors like these? This full episode is packed with eye-opening strategies. Drop a comment for your favorite menu item modifier! #RestaurantMarketing #MenuEngineering #PricingStrategy #LocalMarketing #DataAnalytics #FoodService #MultiUnit #FranchiseMarketing #PricingOptimization

🍽️ What's your favorite restaurant or food service brand loyalty program? 🌟 What keeps you coming back for more? Is it the food? The service? The perks you receive? And if you could wish for anything as a loyal customer, what would it be? 🤔 #CustomerLoyalty #FoodService #RestaurantRewards #CustomerExperience #LoyaltyPrograms #Foodies #BrandLoyalty #CustomerFeedback #Engagement #HospitalityIndustry Olo

This article from @The Wall Street Journal explores the ongoing battle among fast-food giants like McDonald’s, Burger King, and Starbucks to attract customers with value meal promotions amidst rising inflation. 🍔🥤 Here are some key takeaways: 1)    Rising Prices: Fast-food prices have surged over the past few years, with McDonald’s reporting a 21% increase in the price of a Big Mac since 2019. This has driven chains to offer $5 meal deals to lure back customers. 2)    Consumer Behavior: According to @Circana, nearly 30% of fast-food orders in early 2023 included a promotion, up from last year. This trend underscores the growing importance of deals in attracting budget-conscious diners. 3)    Industry Strategy: Chains like Taco Bell and Burger King are leveraging their history of value deals to stay competitive, while others, like Darden Restaurants, focus on communicating value without deep discounts. David Portalatin shared his perspective on how these promotional strategies are reshaping the industry and meeting consumers where they are. His insights are essential for understanding the evolving landscape of #FastFood. Read the full article to learn more: https://lnkd.in/gi5pV8W9 #IFMA #Foodservice #ConsumerTrends #ValueMeals #RestaurantIndustry #Circana

What's for dinner? It turns out that approximately 70% of Americans don't know the answer as late as 4:30 PM. This uncertainty represents a significant opportunity for food and beverage brands to appeal to indecisive diners and expand their customer base. By offering convenient and enticing dinner solutions, brands can position themselves as the go-to choice for last-minute meal decisions. How is your business planning to capitalize on this opportunity? Let's discuss in the comments! #FoodIndustry #FoodMarketing #CustomerEngagement #DinnerSolutions #SinuateMedia