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CHAPTER SEVEN: BUILDING LOYALTY
In a study of major U.S. retail companies, Harris Interactive identified categories of customers, and found those who are “committed” to a business or brand – connected to it both rationally and emotionally …more |
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CHAPTER SEVEN: BUILDING LOYALTY
While discounts and rewards/loyalty programs add value, they aren’t the only currency when it comes to loyalty. What’s ultimately most effective may be the quality of customers’ experiences. Restaurants that build genuine …more |
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CHAPTER SIX: CONSUMERS AND THE NEW VALUE EQUATION
Challenging times require the keenest minds, so to shine a light on the road ahead, we sought the opinions of three individuals who have spent their careers fielding and analyzing data. All are uniquely qualified …more |
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CHAPTER SIX: CONSUMERS AND THE NEW VALUE EQUATION
“Our Midday Menu – a little more than lunch and a little less than dinner – is available between lunch and dinner service (2:30-5pm). We’re in an area where we get a lot of walk-in business from tourists, shoppers …more |
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CHAPTER SIX: CONSUMERS AND THE NEW VALUE EQUATION
NPD Group reports that at the end of August 2008, almost one quarter (23%) of all restaurant traffic resulted from consumer-perceived “deals” – with the majority of them in quickservice. Bonnie Riggs, restaurant industry analyst …more |
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CHAPTER SIX: CONSUMERS AND THE NEW VALUE EQUATION
Cost-conscious consumers have created both challenges and opportunities for the restaurant industry. Savvy operators have responded with: …more |