Linked Eats

Pricing is a critical feature of restaurant revenue management In the current market, consumers are tired from years of price increases and operators continue to be pressured by costs that remain high across COGs, labor, occupancy. Correct pricing decisions remain critical. While restaurants often try to account for how prospective price changes will impact traffic, it is less frequent that we see operators adjusting mix/cart when considering changes.  Chipotle has published quarterly comps, price, and mix/cart since the beginning of 2023 and also for FY 2022. For Chipotle, around 60% of the price has made its way to check average.  At Linked Eats, our Smart Pricing product uses AI to micro-adjust prices on an automated and continuous basis within 3PD delivery platforms.  By using automation and making micro-adjustments we can take into account factors such as impacts to cart/mix and conversion.  In this way it can optimize pricing to drive operators’ goals whether for transactions or revenue.

At Olga's Kitchen we're excited to launch our pilot with Linked Eats and Virtual Dining Concepts. Adam Robin, Robert Earl and their team have launched cutting-edge software focused on improving conversions, lowering abandonment rates, and increasing transactions. By utilizing 3PD pricing and promotions, their unique strategy underscores the importance of grasping the science behind pricing strategies and promotions. This innovative approach is a standout in today's fiercely competitive business landscape. #Olga'sKitchen #LinkedEats #VirtualDiningConcepts #PricingStrategies #Innovation

Increase customer counts and grow orders with Intelligent Pricing: We’re excited to introduce our brand-new value pricing feature! In response to the ongoing value wars, we have refined our intelligent pricing product to include new value-driven strategies. Today, your first instinct could be to offer deep discounts and heavy promotions to increase your order volume. That’s not always the best idea, as it’s a race to the bottom. Instead, if you’re looking for a more efficient way to increase order volume and customer count during off-peak times, our value pricing tools are the right fit for your restaurant. ✅ We track conversations and retention in real time and have the ability to update pricing hourly. #LinkedEats

Colin Webb on the mic at #QSREvolution describing how pricing intelligence can help optimize consumer demand. It was a great panel, hosted by the wonderful Tammy K. Billings, MBA

We're excited to partner with Colin Webb and Nenye Anagbogu and the entire Sauce Pricing team. Follow us here to stay up to date on industry news, conferences we're attending, new launches and more!

Join the many world-class restaurant groups already using Linked Eats to grow revenue and optimize operations through powerful AI tools. Schedule a demo today!