Looking to build your business? You’re likely to have more success not by making incremental improvements to your menu — adding creative new condiments that make your burgers a little more interesting than your competitor’s down the road, for example — but by identifying and marketing your specialty. Christopher Lochhead, host of the podcast “Follow your Different” and author of the new book Niche Down, offers the example of Sushirrito, the San Francisco brand that pioneered sushi in burrito form. It combined two of the region’s favorite foods, sushi and burritos, and then focused on solving a problem: How can sushi be eaten on the go? Enter handheld sushi that just happens to introduce some interesting flavor combinations too. The fast-casual brand has generated strong traction in the area since launching in 2011, with now eight locations around the Bay area. They accomplished this not specifically for having better sushi than other restaurants in the region but because they identified a consumer need and found an inventive way to address it. Thinking small — creating and marketing to a specific niche and not simply trying to improve upon what you already do — can help you boost guest loyalty. The good news is that the data you collect about your guests has the power to help you drill down to specifics about their behavior, likes and dislikes, and spending habits. Based on what you know about your guests, is there a menu item you offer that is ripe for a reinvention? Do you know what other food your most loyal patrons enjoy that could give you clues about potential opportunities?
Conventional wisdom says that people who want a harmonious relationship shouldn’t go to bed angry, right? Toast is now applying that logic to negative restaurant reviews. The company commissioned a study that found that 65 percent of one-star reviews on Yelp were posted within one day of a dining experience. To use that one-day window as an opportunity for customer retention, Toast created Toast Guest Feedback, a new guest feedback platform that sends a text to a manager whenever their restaurant gets a one-star review. Often times this will allow the restaurant to correct problems in real time, deescalate customer concerns and avoid losing those customers permanently.
What’s your challenge? Whether you need help developing recipes and concepts, analyzing food costs, fine-tuning purchasing, planning a marketing campaign or managing another aspect of your business, we can provide guidance tailored to your needs. Contact Team Four at firstname.lastname@example.org or 888-891-3103 for more information.
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