Posts Tagged ‘Retail’
Opening your First Restaurant? Here’s How to Raise Capital
Opening up a business for the first time in any industry is difficult. Opening up your first restaurant is even harder. Restaurants are capital-intensive and expensive to build out, and the stabilization period is long and uncertain. Compared to experienced business owners with a financial history, first-time restaurant owners will have limited access to sources…
Read MoreRestaurants Get Creative with #Experiential Marketing
Goodbye paid advertising; hello custom hashtag. Although restaurants have long used events to attract and retain customers, experiential marketing lets restaurants deliver unique, exciting and constantly-changing brand experiences. By organizing special events and making them readily “share”-able for social media, restaurants are reaching broader, more diverse audiences. Make Customers Part of Your Marketing Team Experiential…
Read MoreBlockchain and Retail: What Retailers Must Know About Cryptocurrency
Blockchain and retail: Is it a marriage made in cryptocurrency heaven? Only time will tell. Many major retailers, such as Overstock.com, Newegg.com, Microsoft and Reeds Jewelers, Inc., have accepted bitcoin payments for years. Cryptocurrency payment gateways abound. Companies like BitPay serve the cryptocurrency market exclusively, while others like Shopify are well known to online retailers…
Read MoreThe Next CRE Frontier: Recruiting Artificial Intelligence and Big Data to Boost Projects’ Performance
Alexa, get me our tenant mix recommendations. OK, maybe it’s a stretch to think Amazon’s digital assistant will be providing commercial real estate insights anytime soon, but these days, more commercial real estate investors are turning to Big Data and artificial intelligence to help produce forecasts and valuable insights on property performance, long-term tenant behaviors,…
Read MoreBeyond Facebook, Here’s How Restaurants Can Use Social Media to Bring in Customers
You may not realize it, but all those food posts on social media are powerful brand endorsements. As a restaurant owner, you can maximize the impact of your establishment’s social media presence beyond Facebook and Instagram by beefing your Yelp profile and staying engaged with your customers online. “Word of mouth has turned into word…
Read MoreThe Future of Cryptocurrency? Used in ‘Every Store,’ Says BitPay Cofounder
What’s the future of cryptocurrency? Ask Stephen Pair, and you won’t get a cryptic answer. “I can anticipate the day when every store will accept payment in a cryptocurrency,” says Pair, CEO and cofounder of BitPay. The Atlanta-based company is the world’s first and largest bitcoin payment processor. We spoke with Pair about the future…
Read MoreDisruption Is Finally Reaching the Restaurant Supply Chain
Changing consumer interest, food safety traceablity and competition-worthy LTOs are just a few pressure points disrupting the restaurant supply chain.
Read MoreHow Airbnb Is Changing Today’s Hotel Business Model
Combined with technology, the sharing economy is impacting today’s hotel business model. Here’s how established industry players are responding.
Read MoreA New Era of Protein? Lab-Grown Meat and Other Flexitarian Trends
Clean meat, lab-grown meat, plant protein and veg-centric dining will continue to impact foodservice. Here are some of the most relevant trends for 2018.
Read MoreSelecting a Next-Generation Mobile Restaurant POS System
An up-to-date restaurant POS system is essential for improving customer experience, leveraging available data and offering more secure payment options.
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