Restaurant Pricing Gets Smart in the Information Age

Restaurants and food stands in archaeology sites like Pompeii have shown that public shared dining experiences may have always been part of human culture. Up until recently they haven’t changed much either. But the advent of the information age has helped restaurants to evolve in surprising ways. Some restaurant owners and chefs can track minute by minute food costs as well as changes in expected client rushes, with real time ingredient cost and commuter tracking software. Others, like UberEats, are bringing a new dining experience to social norms. Mixing computers and food might be creating changes that the human eating experience has never seen before.

Key Takeaways:

• When bad weather is a factor for getting people in your restaurant its possible to give incentives to come in
• Ordering online and being able to market specific things on certain days will help boost the bottom line
• Restaurants have more competition then any other business, its important to stat with the times

““There are some restaurants that test out new dishes on UberEATS because they have access to actionable data and feedback with tools like UberEATS Restaurant Manager,””

Read more: https://www.qsrmagazine.com/finance/restaurant-pricing-gets-smart-information-age