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Many restaurants are seeing a decline in business over the last two years. Various Owners have been telling us similar stories. Over the last two years, business has been declining. It is not just their business but other owners telling them the same story.
The real question is why?
Food Delivery Services are creating a new opportunity for clients to eat their favorite meals while never leaving their house. Which means fewer clients are entering the business establishment to sit down for a meal. Less money is being generated from various upsells like alcohol or dessert. But what does this mean?
You will begin to see a shift in restaurants as they shrink their seating areas and increase their delivery options. The focus for restaurants will be advertising their business and the quality of their product. In the age of information, one bad meal can equal a large loss in potential revenues. As clients leave reviews or simply elect to eat from your competitor moving forward.
The future of restaurants is a small seating area with a large kitchen. Providing the amenities to their delivery and to-go clients not just the clients in the store. Aiming the deliver on all fronts. While their delivery service partners aim to increase the quality of food which is delivered. Keeping the food warm and delivering as expected.
Remember the entire economy is moving to an on-demand business model which will affect all business models. Even the ones we least expect.
Many restaurants are seeing a decline in business over the last two years. Various Owners have been telling us similar stories. Over the last two years, business has been declining. It is not just their business but other owners telling them the same story.
The real question is why?
Food Delivery Services are creating a new opportunity for clients to eat their favorite meals while never leaving their house. Which means fewer clients are entering the business establishment to sit down for a meal. Less money is being generated from various upsells like alcohol or dessert. But what does this mean?
You will begin to see a shift in restaurants as they shrink their seating areas and increase their delivery options. The focus for restaurants will be advertising their business and the quality of their product. In the age of information, one bad meal can equal a large loss in potential revenues. As clients leave reviews or simply elect to eat from your competitor moving forward.
The future of restaurants is a small seating area with a large kitchen. Providing the amenities to their delivery and to-go clients not just the clients in the store. Aiming the deliver on all fronts. While their delivery service partners aim to increase the quality of food which is delivered. Keeping the food warm and delivering as expected.
Remember the entire economy is moving to an on-demand business model which will affect all business models. Even the ones we least expect.
Looking at the where people spend their time online and what they do clearly shows us a trend. As technology has improved so has our speed of the connection between us. This has allowed access to information which would have been unappealing on dial-up to become readily available.
In the beginning, the internet was about reading the text and very few photos.
Then we found ways to present more photos by compressing them. Which allowed us to share more photos and become picture based using infographics and charts to display information in a more appealing fashion. This spurred websites like Flickr and Instagram.
Now we have moved past photos and into Video with websites like Youtube & Snapchat growing in popularity. More and more people are watching videos instead of looking through photos.
Think about getting videos made about your business… Catch your client’s attention where they spend their time.
In the future, we will be moving toward Augmented Reality & Virtual Reality. This is very exciting with 360 videos.
Looking at the where people spend their time online and what they do clearly shows us a trend. As technology has improved so has our speed of the connection between us. This has allowed access to information which would have been unappealing on dial-up to become readily available.
In the beginning, the internet was about reading the text and very few photos.
Then we found ways to present more photos by compressing them. Which allowed us to share more photos and become picture based using infographics and charts to display information in a more appealing fashion. This spurred websites like Flickr and Instagram.
Now we have moved past photos and into Video with websites like Youtube & Snapchat growing in popularity. More and more people are watching videos instead of looking through photos.
Think about getting videos made about your business… Catch your client’s attention where they spend their time.
In the future, we will be moving toward Augmented Reality & Virtual Reality. This is very exciting with 360 videos.
Looking at the where people spend their time online and what they do clearly shows us a trend. As technology has improved so has our speed of the connection between us. This has allowed access to information which would have been unappealing on dial-up to become readily available.
In the beginning, the internet was about reading the text and very few photos.
Then we found ways to present more photos by compressing them. Which allowed us to share more photos and become picture based using infographics and charts to display information in a more appealing fashion. This spurred websites like Flickr and Instagram.
Now we have moved past photos and into Video with websites like Youtube & Snapchat growing in popularity. More and more people are watching videos instead of looking through photos.
Think about getting videos made about your business… Catch your client’s attention where they spend their time.
In the future, we will be moving toward Augmented Reality & Virtual Reality. This is very exciting with 360 videos.