No time to read full article, here is some quick answers for you. We are here for you with some FAQ:
What are the challenges that restaurants are facing in recent times?
The challenges that restaurants are facing include closures, reduced covers, and plummeting sales due to the impact of COVID-19 pandemic.
What is the role of digitalization in overcoming these challenges?
Digitalization can help restaurants overcome these challenges by allowing them to reach new customers, improve efficiency, and cut costs. This can be done by implementing online ordering and delivery, mobile apps for reservations and payments, and using social media to promote their business. Additionally, implementing digital technologies such as point-of-sale systems, inventory management, and customer relationship management systems can help optimize operations and enhance customer experiences.
What are the advantages of using QR codes for payments?
Using QR codes for payments allows customers to pay quickly and easily, without the need for cash handling or long wait times. This not only improves the efficiency of the restaurant operations, but also allows the wait staff to focus on providing better service and taking care of the tables. Additionally, since customers are in control of paying the bill, they are more inclined to order additional items like dessert or coffee, which can increase the average basket size and revenue.
How can a restaurant increase revenue and improve customer experience by using digital ordering systems?
By using digital ordering systems like fleksa and Pay per se can provide a more seamless and personalized experience for customers which can boost the revenue by increasing basket size and tip. It is a win-win situation for both the restaurant and the customers. By refocusing efforts on the things that make a difference, such as providing a memorable customer experience, restaurants can attract customers back to the table over ordering takeout.
According to several market studies, it is critical for restaurants to digitize their operations in order to overcome the challenges they face and to improve their performance. The study likely shows the impact of COVID-19 pandemic that forced many restaurants to close their doors, leading to a decline in revenue and an increase in competition. Going digital can help restaurants to overcome these challenges by allowing them to reach new customers, improve efficiency, and cut costs. Some examples of digitization strategies that can help restaurants improve their performance include online ordering and delivery, mobile apps for reservations and payments, and the use of social media to promote their business. Additionally, implementing digital technologies such as point-of-sale systems, inventory management and customer relationship management systems can optimize the operations and customer experiences
The last two years have been extremely challenging for food service businesses due to the impact of COVID-19 pandemic. With closures, reduced covers, and plummeting sales, many restaurants have found it difficult to break even, let alone turn a profit. According to a study, in 2020, sales dropped by 34% compared to 2019 and with ongoing restrictions, restaurants interviewed expect sales to decrease by 57% in the coming years. This highlights the need for restaurants to adapt and reboot their operations by going digital.
Convenience has become a key expectation for customers, who are now accustomed to the convenience of food delivery and mobile grocery options. In order to stay competitive and succeed in the long-term, it’s crucial for restaurants to embrace technology and digitize the customer journey. This can be done by implementing online ordering and delivery, mobile apps for reservations and payments, and using social media to promote their business. Additionally, implementing digital technologies such as point-of-sale systems, inventory management, and customer relationship management systems can help optimize operations and enhance customer experiences. In this challenging environment, equipping oneself with tech tools is no longer a question of “if”, but “when”.
Integrating with delivery platforms such as Uber Eats, Deliveroo, JustEat, Fleksa, and Eatarian has helped many restaurants in providing their customers with the convenience of food delivery, but according to the study, it is not enough to overcome the financial strain that many restaurants are facing. The study suggests that in order for restaurants to overcome these challenges, they need to go further and adopt more advanced digital solutions.
One of the steps suggested in the study is to choose the right partners, understand which solutions will be useful for a particular business, and which will allow for boosting sales while optimizing costs.
Payment via QR codes is one such solution that the study highlights as an ally of choice. It offers many advantages such as providing a quick and easy way for customers to pay, reducing the need for cash handling, and facilitating contactless payments. It also allows for integration with other digital solutions like online ordering and customer loyalty programs.
Overall, the study suggests that adapting digital solutions can widen the gap between a meal consumed at home and one consumed at a restaurant by enhancing the customer experience. It is no longer just about the food but the whole experience which includes how customer orders, how they pay and how they interact with the restaurant.
Integrating with delivery platforms such as Uber Eats, Deliveroo, JustEat, Fleksa, and Eatarian has helped many restaurants in providing their customers with the convenience of food delivery, but according to the study, it is not enough to overcome the financial strain that many restaurants are facing. The study suggests that in order for restaurants to overcome these challenges, they need to go further and adopt more advanced digital solutions.
One of the steps suggested in the study is to choose the right partners, understand which solutions will be useful for a particular business, and which will allow for boosting sales while optimizing costs.
Payment via QR codes is one such solution that the study highlights as an ally of choice. It offers many advantages such as providing a quick and easy way for customers to pay, reducing the need for cash handling, and facilitating contactless payments. It also allows for integration with other digital solutions like online ordering and customer loyalty programs.
Overall, the study suggests that adapting digital solutions can widen the gap between a meal consumed at home and one consumed at a restaurant by enhancing the customer experience. It is no longer just about the food but the whole experience which includes how customer orders, how they pay and how they interact with the restaurant.
Using a QR code payment solution, like Pay per se, allows diners to view the menu and pay in a matter of seconds. For restaurants, this has a direct impact on basket size and operational efficiency. Among those interviewed, sales were up 5 to 10%.
Why? Because customers now have more time to eat and drink, without feeling the usual rush associated with getting the bill and paying on time. It’s a new, ultra affordable tool.
For starters, the flat card transaction fees are lower. In addition, it’s an easy way to navigate current staff shortages rippling the industry. Whilst you can continue to serve your customers with the same level of service, it also aims to attract potential new hires, promising less time spent taking payments and more time offering service all whilst bringing in more tips.
Today, 34% of restaurants are equipped to accept mobile payments and 24% even take orders with the help of specific tools. These numbers are likely to increase over the next months and years to come.
Using a QR code payment solution, like pay per se, allows diners to view the menu and pay in a matter of seconds. For restaurants, this has a direct impact on basket size and operational efficiency. Among those interviewed, sales were up 5 to 10%.
Why? Because customers now have more time to eat and drink, without feeling the usual rush associated with getting the bill and paying on time. It’s a new, ultra affordable tool.
For starters, the flat card transaction fees are lower. In addition, it’s an easy way to navigate current staff shortages rippling the industry. Whilst you can continue to serve your customers with the same level of service, it also aims to attract potential new hires, promising less time spent taking payments and more time offering service all whilst bringing in more tips.
Today, 34% of restaurants are equipped to accept mobile payments and 24% even take orders with the help of specific tools. These numbers are likely to increase over the next months and years to come.
In the recent times, implementing a digital ordering system and integrating QR codes for payments can be a game changer for restaurants in terms of improving customer experience and increasing revenue. According to Pay per se, a payment solutions provider, more than 4,000 restaurants have installed QR codes on their tables since they launched their solution.
The advantage of using QR codes for payments is that it allows customers to pay quickly and easily, without the need for cash handling or long wait times. This not only improves the efficiency of the restaurant operations, but also allows the wait staff to focus on providing better service and taking care of the tables. Additionally, since customers are in control of paying the bill, they are more inclined to order additional items like dessert or coffee, which can increase the average basket size and revenue.
Furthermore, using digital ordering systems like fleksa and Pay per se can provide a more seamless and personalized experience for customers which can boost the revenue by increasing basket size and tip. It is a win-win situation for both the restaurant and the customers. By refocusing efforts on the things that make a difference, such as providing a memorable customer experience, restaurants can attract customers back to the table over ordering takeout. This can be the kick that the industry needs to get back in the game.
Related