Competing in the business sector is difficult and requires a comprehensive strategy so that potential clients easily find a specific business. Moreso, the competition in the restaurant industry is fierce, and customers have many options to choose from. To have any successful business, a steady stream of customers must allow the business to generate positive cash flow and profit from transactions. Simply being open and having a good product will not suffice. Nevertheless, providing subpar service and a bad experience is a sure way to bankrupt a restaurant.
Therefore, provide customers with a great experience by supplying the business with the best hospitality supplies. and build the perfect menu that will keep restaurant-goers raving about the food. Once the business is ready to drive traffic, advertise, and market the product to potential customers, you can make the company’s existence known and give people a reason to return.
Social Media, Blogging, and the Internet
A social media presence is necessary to compete in the restaurant industry. Although it is not necessary or encouraged to engage in all the social media platforms out there, a business should use at least one effectively and consistently. The top social media platforms for restaurants include Facebook and Instagram, as these provide a style of interaction that allows restaurants to understand their audience.
Furthermore, Facebook allows restaurants to create marketing campaigns featuring ads that can be tailored to a specific audience. The ads are also inexpensive. Likewise, Instagram can produce positive results. People enjoy taking pictures; therefore, encouraging customers to post pictures when enjoying a great meal is an excellent way to promote the business. Such content may also produce better results, as it is user-generated content, and potential customers will view the post as unbiased and objective.
Loyalty Programs and Coupons
Do not be afraid of creating a loyalty program. Customers are more likely to return if the establishment offers incentives. Something as simple as a punch card where repeat clients are offered discounts, free meals, or other enticements can keep people coming back. However, do consider that paper punch cards are a bit outdated, and there are newer tools such as software apps and programs that digitalize the loyalty concept. Guests will pay an average of 46% more when enrolled in a loyalty program.
Nevertheless, begin the process with a simple survey to determine if the idea is a good fit. This survey should be short and placed with the check. Also, ask about the service and the quality, as this will show that the business cares about a customer’s opinion. Only ask the most pertinent questions, though; customers tend to become frustrated with long signup processes or when too much information is gathered. Make the ability to redeem points easy and accessible.
Events and the Local Community
The local community is the closest customer that a restaurant has at its immediate reach. Target customers that live in your geographic vicinity, as these are the people who can become regulars at the establishment. One way to market locally is by hosting an event. Local events are a great way to generate interest in the neighborhood and position the restaurant as a place with credibility and status. Furthermore, the events can provide the visibility needed to ensure that those living or working close to the business know of its existence. As you reach out to the local community, engage local bloggers who can help expand your audience.
Although this may seem expensive, offering a free meal for a tag on Instagram or Facebook may be enough for a quick mention and a nice picture. Also, do not forget about traditional marketing in the local area. Sure, the Internet has changed the way most people obtain their news; however, local newspapers still have an audience, and such an audience is exactly what the restaurant needs. Lastly, for best results, mix the marketing ideas and be consistent while measuring results so that you know what is working.