Revel Blog | Industry Insights

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4 Strategies to Increase Average Check Size

iPad POS

When pulling reports from your business, there are a number of KPIs (key performance indicators) that can help you better understand your business, set benchmarks, and achieve your overall business goals. In this article, we take a look at one KPI...

read time 4 Minute Read

5 Ways To Identify Slow Moving Inventory

iPad POS

Slow moving inventory  are defined as inventoried items that have had very little customer demand over a given time period. But what constitutes “little” customer demand? And how long of a time period justifies a slow-mover? These are questions you...

read time 3 Minute Read

What Is Brand Authenticity & Why Is It Important?

iPad POS

Marketers like to toss around the word ‘authenticity’ when describing brands. This new buzzword has played a major part in how companies are defining their missions and creating their processes when building a brand. Backed by a number of studies,...

read time 4 Minute Read

Top 10 Best Retail Industry KPIs

iPad POS

If you’re in sales, you understand the importance of collecting and analyzing data. Without key performance indicators (KPIs) — such as monthly sales target, stock turnover rate, average customer spending, and cross-selling rate — retail businesses...

read time 5 Minute Read

Creating a Prix Fixe Menu - Examples & Tips

Industry Insights

What is a Prix Fixe Menu? The restaurant industry is notorious for being highly competitive, with slim margins and a high failure rate. To survive, restaurateurs must stay on their toes to develop fresh new ideas and dishes to entice diners to come...

read time 7 Minute Read

Technology’s Growing Role in the Coffee Industry

Industry Insights

The Technological Advantage Estimated global coffee consumption exceeds 150 million 60 kg bags of beans per year. Worldwide consumption grows at an average of 2.5% annually. Despite a relatively low cost per transaction—consumers pay an average of...

read time 3 Minute Read

PSL: Pumpkin Sales Lift?

Industry Insights

The leaves are starting to turn and football season is well underway which can only mean one thing:  #PSL season is upon. PSL, an acronym for those in the know for Pumpkin Spice Latte has become synonymous with fall. If the one million (and...

read time 2 Minute Read

3 Tech Trends Fueling Growth for Restaurants

Industry Insights

Multi-Location restaurant operators face a unique set of challenges. In addition to the operational challenges single location operators deal with, multi-location operators should also focus on staying ahead of technology trends to grow business...

read time 2 Minute Read

4 Pieces of Tech Your Pizzeria Kneads to be Successful

Industry Insights

There’s no denying pizza is big business – in fact, it’s grown to be a $128 billion dollar industry globally, to be exact. In order to reach these numbers, major players in the pizza industry are leading technology innovation across the restaurant...

read time 3 Minute Read

5 Reasons Restaurant Should Accept Mobile Payments

iPad POS

Though Americans have historically been slow to adopt mobile payments, there has recently been a big uptick in mobile payments usage. Today, the increase in mobile payments popularity is largely driven by millennials – as those who grew up using...

read time 3 Minute Read