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How to boost your business profitability

30/1/2015

 
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Branding & Collateral

In the hospitality industry we know better than anyone the power of a first impression. What does your branding, collateral and fitout say about your business? 

From the signage and the look of your shop-front to the presentation of the interior. Is it clean, clear and well presented? It's important that this is the case. 

Your business should stand out for the right reasons. Don't let customers choose your competitor because your not making a good first impression. 

Simple things can make all the difference. 
They should all come together to create an ambience that is inviting. 


Ensure:
  • Prominent signage
  • Appropriate lighting
  • An inviting interior 
  • Clean and well maintained premises

Customers often make a snap decision when walking down a busy street full of competing businesses. Potential customers can make a connection with the look of the business and the quality of the food. 

Get  your branding and the presentation of your business right and you increase the likelihood of potential customers choosing you.

Layout 

The layout of your establishment should be something you consider in your quest for profitability.

A well considered layout can increase the amount of patrons you are able to serve at the one time. Many businesses make the mistake of having too many tables of four at the expense of tables for two.

Consider square tables instead of round ones. This allows for tables to fit more closely side by side.

A POS system will help you look at your sales report history. This will give you an insight into the most popular group sizes in your establishment.

Don't only consider your floor layout. What about your menu? Make it clear and easy to read. People need to quickly find their way around the different food choices. If items are easy to locate, patrons will order quicker and tables will be freed up sooner.

Table Turnover

Serve more people in the same amount of time. It's an efficient way of becoming more profitable.

One way to do this is through the increasingly popular trend of two sittings. 20% of restaurants in Australia now have limits on how long patrons can occupy a table. According to dimmi.com.au 50% of customers have settled their bill within 90 minutes of sitting down. A total of 85% have done so within two hours.

It must be a balance though. If your customer service starts to slip the extra profitability will be short lived.

Customer Service & Up Selling

Simple and easy to implement sales and customer service techniques can ensure a win-win situation where both customer service and profitability increase. 

Staff should:

  • Greet customers when they enter and ensure they are promptly looked after
  • Offer recommendations
  • Know the menu well
  • Be aware of any specials
  • Recommend an accompanying drink with a menu selection
  • Offer an accompaniment while they wait for their entrees or mains
  • Offer dessert
  • Ask if patrons enjoyed their meals

All these techniques will speed up service time. It also and encourages patrons to order more menu items. Above all they will appreciate the extra help they get from staff. 

Via: SMH; Hospitality Magazine, LinkedIn

Ten Tips To Attract Customers To Your Café or Restaurant Using Social Media

27/1/2015

 
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Cafe and restaurant owners you can attract more customers to your business using social media. Here are ten top social tips you can adopt to be more effective on social media. The result? More customers through the door.

1. Be active

One of the keys to being successful on social media is to have an active presence. Your business needs to be posting regularly. Cafe and restaurant owners are often worried that posting too often will be a turn-off. This shouldn't be a concern. Remember one post only reaches a proportion of your followers. By posting regularly you expand your post reach. Try to post at least once a day on your chosen social media platforms. If you're worried about not having the time to maintain an active presence then start small. Pick one social media platform and start from there. 

2. Get the timing right

Scheduling your posts at the optimal time will ensure your posts are reaching the right people at the right time. For cafés this will mean your coffee related posts are scheduled for the early morning. Restaurants will want to post their menu items just before lunch or dinner. For more generalised updates schedule them when most people are online. Facebook has a great tool tool under insights > posts that will tell you when your fans are online. This is broken out into daily data. Iconosqaure is one analytical tool for Instagram that will show you optimal posting times. It's also FREE! SocialBro can offer the same information for your twitter account. A free version is also available. 

3. Tailor exclusive offers 

By tailoring exclusive offers for your social media fans you give people a reason to follow your cafe or restaurant. It's also offers an easy way to measure the success of your offers. For example you may offer a discount on a customers bill if they tweet or instagram a picture in your establishment using your social media handle. Your notification feed will tell you whether or not your offer has been a success. 

4. Run a competition

Running a competition on social media is a great way to increase the brand awareness of your café or restaurant. This is because a competition involves a customer posting something to their personal social media about your business. Don't make the entry requirements onerous. You want to encourage as many people as possible to get involved. Offer a prize that is attractive to your target market and make sure you advertise the competition both on and off social media. Don't force entrants to become fans of your page as part of the conditions of entry. If you are posting engaging content and people are interested in what you do then followers will come naturally. Above all any competition you run should help achieve your business objectives.

5. Ask questions 

Social media can be a great tool for cafés and restaurants to conduct informal market research. New menu ideas, opening hours even decorating ideas. Ask your customers for their feedback on things that will affect their experience in your establishment. It's a no-brainer that the more you ask your fans the more in-tune you will be with what they're thinking. This will make for a happy experience all round.

6. Interact 

Social media is a two-way conversation. Make sure your not only talking but listening as well. If someone leaves a comment on your Facebook page, respond. If someone leaves a negative review on Yelp, respond. Tell them you will use their feedback to improve your business. Often cafés and restaurants will avoid review sites and social media for fear or receiving bad reviews. Whether or not your on social media customers will still share their feedback. It is better to have a presence on the same platforms as your customers so that you can manage a response and show you have received any feedback.

Social media is also a great tool to expand your network. Follow customers, competitors, suppliers, government and industry bodies. Start a conversation with these people and respond to their posts. LinkedIn is an especially great tool for building a network of industry contacts.

7. Track  

Track your performance on social media to ensure your content is engaging your target customer. You can track basic metrics such as fan growth, likes, number of comments, re-shares and mentions. Hootsuite and Buffer are just two popular tools to analyse your social media performance. You should also track the amount of traffic that social media is sending to your website. Google Analytics will give you this as well as a plethora of other website data. Google Analytics is FREE, make the most of it!

8. Advertise on Social Media

When it comes to spending money to advertise on social media a little can go a long way. This is especially the case for any café or restaurant that has a Facebook page. Increasingly Facebook is becoming another paid advertising medium just like any other. The organic reach of a post (the amount of people who see your post without paying) is decreasing as Facebook attempts to get more businesses to spend money. For those that do, they can gain an edge over the competition. Facebook's Ad Creator can be used to increase traffic to your website, respond to a post, increase the amount of page likes or promote an upcoming event. Another great tool that Facebook offers is "Custom Audiences." By uploading your database of customer contacts Facebook compares your list with its profiles and when a match is found adds them to your customer audience database. If you to advertise on Facebook with the aim of getting customers to your site, ensure that you have a compelling offer to convert the visitor into a sale.

9. Advertise your social media presence 

Ensure your café and restaurant guests know that you have a social media presence when they are dining. Offering the cue will make them more likely to share their experience on their own social media platform and generating interest in your establishment. If your offering interesting content this will result in new and repeat business. You can advertise your social media presence on your website, email signatures, business cards, advertising material and menus.

10. Make it consistent

Social media should be part of an integrated marketing effort. Social media is another tool to get your message out to your target customers. Make sure your message is consistent across all your marketing platforms. Understand your brand, what it stands for and its personality. Use this knowledge to target what you say, to whom, why and how you say it. Whether you adopt this approach on social media or another marketing tool you will be well on your way to attracting more customers to your cafe or restaurant.

What makes a great wine list?

12/1/2015

 
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1. It reflects your establishment

The wine list is one of the first impressions that guests have and therefore should be a good reflection of your establishment. Creating a good wine list is a tough task, but it's worth the investment. You should consider what you want your wine list to say about your business. For example if you run an intimate fine dining establishment the wine you choose as well as the look and feel of your list will differ greatly from a large family restaurant. Consider your establishments personality and have it reflected in your wine list. What wine regions reflect your operation, how many varieties is appropriate? Is your wine list creative and passionate, is it quirky and geeky? Be mindful of traps that could reflect negatively on your business. For example ordering your wine list based on price. Patrons may feel judged if choosing a cheaper wine. Similarly a wine list of obscure wines could be considered condescending. 

2. It's easy

To make your wine list easy it must have a logical, easy to read layout. To do otherwise can undermine guests confidence in your wine choices. Your wine list should lead with the familiar. A guest should not be intimidated by your wine list. This could mean well-known brands or popular varieties are listed first. Group wines together by style and have similar grape varieties listed near one another. The trend is towards a more concise wine list, try not to make yours a novel. Consider how much price and style variation you need in your menu. If your establishment needs a more extensive wine list then condense the core wines at the front with more exclusive wines at the back. This also gives the air of exclusivity for those willing to order more expensive wines. Finally, don't assume that all your customers have an extensive wine knowledge, even in more high-end establishments.  Many wine lists don't offer a description of the wine but you should. Use easy to understand language and avoid industry speak.

3. It's paired with your menu

It may be an obvious point but your wine list should compliment your food menu. If you have great wine that doesn't match the food you serve then you have kind of missed the point. A wine list that matches your menu also offers the opportunity to increase sales. Picking wines is all about enhancing the flavours and types of food on your menu. Many restaurants will suggest a white wine with a seafood entree or a red served with a meat dish. You can even include wine pairings on your food menu. Not all wine will match all food but it about balancing the individual personality of the wine and the pairability with your food offering.

4. It offers variability 

A great wine list gives you options. You should consider a range of wine drinkers when putting together your list. There should be options to purchase wine by the glass or by the bottle, different price points and styles. Lists that offer little variety can quickly become staid, similarly, a list full of wines priced above $200 a bottle aren't going to impress anyone. 

5. It's current

A wine list should not be a set and forget type of exercise. Ensure your wine list is evolving to meet the demands and preferences of your guests. Some current trends to consider for you wine list are:

1. Champagne

Champagne sales have grown by double digits in the last two years according to Nielsen data. It is a great inclusion for any wine list as it is popular as a pre dinner drink and great for celebrations.

2. Clean and Green

As is the trend with food, guests are increasingly interested in drinking ethical and sustainable wine. Organic wine is becoming popular and the options when it comes to preservative free wine are increasing.

3. Light wines

Light wines with a lower alcoholic volume are currently in vogue. 
Styles such as Rosé, Moscato, Pinot Grigio and Prosecco are great summer varieties and compliment a wide range of food.

We'd love to hear your thoughts. What creates a good wine list in your eyes?

A GUIDE TO FINDING THE BEST COFFEE IN SYDNEY

5/1/2015

 
Where is Sydney’s most coffee addicted suburb? Does a suburbs coffee addiction lead to great cafes serving better coffee? A recent article appeared in our local newspaper had us thinking about these very questions. The article declared that Willoughby (a stone’s throw away from our office in St Leonards) was one of Sydney’s most coffee addicted suburbs. In fact it finished third behind the CBD and Mascot. We wondered if Willoughby was really more coffee addicted than Surry Hills and Newtown. Keen to find out more, we researched some of Sydney’s suburbs known for their coffee, those on the rise and the hidden gems in search of Sydney’s best coffee.

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Known for Coffee

Surry Hills

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Surry Hills has long been renowned as the epicenter of Sydney’s coffee scene. It has many well-known cafes and prides itself on taking coffee seriously.  No matter how you take your coffee, whether it’s a certain type of bean or brewing technique, this is the suburb that caters for even the most discerning coffee drinker.

Try
Single Origin Roasters
Reuben Hills
The Reformatory Caffeine Lab

Newtown

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Newtown is one of Sydney’s coolest suburbs with a mix of sub-cultures that ensures it’s never boring. Cafes in Newtown are the meeting point that brings these sub-cultures together. You will often overhear locals brainstorming new ideas, writing or taking time out from their day. Baristas in Newtown take artistic pride in their coffee. This makes the suburb a must-visit on any coffee tour of Sydney.

Try
Campos Coffee Cupping Room
Brewtown Newtown

Hidden Gems

Leichardt

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Leichardt might lack the cool of other better-known coffee suburbs but with its thriving Italian community you’re sure to find a great coffee here. 

Try
Flood Street Carousel

On the rise

Alexandria

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Once a purely industrial suburb with factories and warehouses for a number of year’s now great cafes serving even better coffee have been taking over. Some have dubbed it the next Surry Hills and Red Fern vying for the mantel of the next cool suburb. The word is getting out so be prepared to wait at some of the more popular Alexandria cafes.

Try
The Purple Moose
Campos
Fluid Espresso

Marrickville

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Whether it’s roasters or more produce-driven cafes, coffee has come to Marrickville in a big way. Initially attracted to the area by cheaper rent, café proprietors have taken to this suburb in droves. It’s now a favourite of  Sydney’s coffee connoisseurs.

Try
Coffee Alchemy 

Bondi

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Bondi is fast becoming a great place for foodies and coffee lovers. Cafes here source some of the most exotic beans from all round the world. There’s a multitude of cafes serving coffee along the main strip of Campbell Parade.

Try
Chapter One
La Piadina

Manly

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Manly has had a make-over in recent years and the $1 convenience store coffees are making way for cool café spaces. It’s quickly becoming a coffee destination with help from its amazing beachfront location.

Try
Fika Sweedish Kitchen
Foundry Fifty Three

Have we got it right? We'd love to hear your thoughts on the best suburbs and cafes for the best coffee in Sydney.
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