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Before you can move forward and invest in your marketing, you need to know where you are now and what do your customers really think about your restaurant.
Just becuase your restaurant exists, doesn't mean your potential customers will come. In this episode, you will learn what you must do to drive customers to your restaurant.
Learn how to grow your restaurant using the Recurring Business Model and never have to worry about advertising again.
The Restaurant Sales Funnel is an automated marketing system that consistently gets you new customers and builds your database to increase your customer lifetime value.
Running a restaurant day to day is never easy.
Even before the pandemic, nearly 60 percent of new restaurants failed within the first year. And nearly 80 percent forced to close before their 5th anniversary.
An increase in wages, food costs and high rents mean tight profit margins for restaurants or even worse, a Negative cash flow.
This is when your business has more outgoing than incoming money.
Not even a Sizzler can survive a prolonged negative cashflow.
So if you are you always trying to pay last month’s bills with next month’s sales, then you could become another statistic.
Your solution could be just changing your business model.
Most restaurants use the Transactional Business Model.
A customer comes into your restaurant and orders a meal.
They receive their food and drinks.
Then they pay the bill and walk out of the restaurant.
Now you are using “Hope Marketing” that your customer will come back again one day.
The Recurring Busines Model is to invest in building your database to bring back customers on demand.
New customers cost 5 times more than bringing back your existing customers.
When you consistently attract new customers and bring them back with predictability, your business will experience exponential growth – that’s is a Positive Cash Flow On Steroids.
The blueprint for exponential growth is using social media. It’s not about getting Likes – you can’t pay your bills with LIKES, but you can guide your customers on a journey… from awareness to loyal fans promoting your business. And to can track each of the 9 steps.
If you want to avoid being a negative statistic, download your FREE Social Media Guide For Restaurants below.
https://vimaco.com.au/socialmedia
Learn how to transition from the Transactional Model to the Recurring Model so that your Restaurant will grow exponentially.
f you want to grow your restaurant business, you need to use the New Strategy to use Social Media to . Download Your FREE Social Media Marketing Guide For 2021 https://vimaco.com.au/socialmedia/
If you want to grow your restaurant business, you need to get out of the kitchen and become the marketer of your restaurant.
Crento Restaurant was established in July 2019 on Sydney's Northern Beaches in Collaroy. They put an emphasis on Italian cooking styles without complicating things, and good food, made simple is the motto our chefs live by. They provide this alongside friendly service from their experienced and diverse team.
We caught by by Crento's Owner and Chef to find out about his succss.
The last Sizzler restaurants are set to close in Australia.
Collins Foods, the parent company of the iconic all-you-can-eat restaurant chain, blamed the final collapse of the brand on COVID-19.
But the reality was that Sizzler began its decline 5 years earlier..
From the publisher's feed