Author: Foodiv

Restaurant businesses are at considerable risk of having financial loss due to several reasons such as ever-increasing restaurant operating costs and low margins for profits; additionally, they also suffer financial problems because of tough competition and the ever-changing preferences of patrons. Hence, owners are always in search of effective ways to reduce their financial risks in restaurant businesses. Operating a restaurant requires considerable investments in properties (rented or owned), utilities, cooking accessories, machines, inventory, labor,...

There is no question that online restaurant ordering trends skyrocketing after the pandemic pushed people into the ‘no touch or travel’ phase. And, as luck would have it, people not only liked it but also continued to date. Domain experts also agree that such on-demand service applications are not going to fade away soon. Restaurant online business has been flourishing ever since. In the Meal Delivery segment, according to Statista, the number of users is...

According to Fortune Business Insights, the global food service market is likely to shoot from $2,646.99 billion in 2023 to $5,423.59 billion by 2030, at a CAGR of 10.79% in the estimated period. Thanks to restauranteurs’ sheer efforts to retain the older customers with their loyalty and attract new ones to flourish their restaurant or food business; however, it is of paramount importance that customers are given satisfactory quality of food dishes and the best...

The world has seen worse times due to the advent of the pandemic in the past couple of years. Though things are getting somewhat better, you cannot be sure whether times can’t go worse again. Such circumstances necessitate careful treading in terms of how you engage in your daily chores. Everything needs careful observation and behavioral changes. Every industry needs to follow certain restrictions and adapt to new rules. The hotel industry is one which...

Restaurants these days prefer getting on to third-party platforms rather than indulging into restaurant app development. GrubHub provides a streamlined platform for ordering, allowing customers to access restaurants' menus via an app or website conveniently; nevertheless, GrubHub's market share has recently faced pressure from a cluster of competitors. Now, this opens up enormous opportunities for restauranteurs to find a better option for their online food delivery services to increase restaurant sales. Expanded delivery possibilities and...

Social Media Marketing for restaurants is a secret ingredient that ensures digital success for restaurants. But there are parameters, tips, and guides that you need to follow to achieve impeccable success. Quick Summary : Do you own a restaurant and want to leverage social media for your restaurant? Then this guide for social media marketing for restaurants is for you. This is a comprehensive guide, and you wouldn’t be left with any questions related to...

Third-party restaurant apps are mobile applications that allow food lovers to order food from several restaurants in specific areas and get it delivered to their doorsteps. Third-party food delivery apps adapt a business model wherein they charge a fee to the restaurants and/or the customers as they use their platform. On the market are many third-party restaurant apps such as Uber Eats, DoorDash, Grubhub, and Zomato. These online food-ordering restaurant apps have become immensely popular...

Post-pandemic, the dynamics of ordering goods and services online have completely changed and food ordering is no exception. This opens immense opportunities for entrepreneurs to venture into the eatery business; nevertheless, it is worth noting that restaurants with no online presence fade away sooner or later due to high competition. According to the research giant Statista, by 2027, the online food delivery market is forecast to generate revenues reaching $1.4 trillion. Readymade popular Food Delivery...

Quick Summary: Exploring restaurant promotion ideas to increase sales? We have made it easy for you by listing some of the top and most trendy promotion ideas which can help small, medium to large restaurants promote restaurants effectively. Let’s explore them. Promotions are a great way to increase sales for restaurants struggling to boost revenue. It's not new, as restaurants have been using this strategy for years, though ideas for promoting restaurants are constantly changing....