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Coffee Technology: The Growing Role in the Coffee Industry

Industry Insights

Why is Technology Important In Coffee Shops?  Coffee shops may traditionally have small margins, but one thing is certain: they also have huge demand. Estimated global coffee consumption exceeds 150 million 60 kg bags of beans per year. What’s more...

read time 4 Minute Read

The Proven Pricing Strategies Powered By Psychology

charm prices

There is extensive research on consumer buying patterns, and how certain pricing methods can influence people’s perception of value. A number of moving parts factor into how people evaluate prices, and much of that decision-making is subconscious....

read time 5 Minute Read

10 Beer Trends Your Restaurant Needs To Know

iPad POS

Draft beer can be one of the most profitable drinks in a bar. With profit margins between 75 and 80 percent, you don’t want to sleep on this offering if your brand is in the business of booze. 

read time 5 Minute Read

Creating a Prix Fixe Menu - Examples & Tips

Industry Insights

Create A Restaurant Menu That Has a Prix Fixe Option The restaurant industry is notoriously competitive, with slim margins and more consumer choice than ever. To survive, restaurateurs must stay on their toes to develop fresh new ideas and dishes to...

read time 8 Minute Read

How To Increase Server Tips

iPad POS

Server tips can make up as much as 70% of a food server's income. That means a majority of their income is contingent on the dining experience and behavior of the customer.

read time 4 Minute Read

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

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