Business Help 247’s Post

freely Pay let’s you customize a customer rewards program to spur card usage and earn you more cash-back. ✔️ That’s why food & beverage distributors love freely! Join the growing community of satisfied F&B distributors who have seen increased customer retention and higher sales with freely Pay. Start customizing your rewards program today and watch your business thrive! #freelyPayments #PaymentProcessing #FoodVendors

If you're a food service industry business, you probably know how debilitating the last years have been. Many businesses have been feeling the squeeze...from increased prices from suppliers to tightened budgets from customers. But, putting these external factors aside, enterprises are now focusing on using revenue growth management to regain control in these shaky markets. So, how can your businesses in the food service industry leverage their revenue growth management? For one, you could choose to streamline the buying process, doing so could increase customer retention rates, shorten your sales cycle, and boost your cash flow. Learn more: https://bit.ly/4fdxs0W Use Mountain Stream to boost your customer retention rates today! DM us, or visit our website to learn more. #FoodService #FoodServiceIndustry #Business

𝗛𝗼𝘄 𝘁𝗼 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗲 𝘁𝗵𝗲 𝗡𝗶𝗰𝗵𝗲 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗼𝗳 𝗘𝗮𝘁𝗲𝗿𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 Gone are the days when consumers had to choose when and where to eat in isolation of where they wanted to play. 🕺🥙 🥗 Having a food and beverage component of a business is table stakes in today’s market. Some may say “restaurant adjacent”, but the term “eatertainment” has taken off and created a new category in foodservice that will only continue to grow. 👉 Read our thoughts on the eatertainment space here: https://lnkd.in/gVfKf-RB #eatertainment #restaurantindustry #b2b #sales #marketintelligence #restaurantology

Hey Peter? What is it that you do? Often people ask me, "What do you do"? Sometimes it's difficult to explain, even to people in the food service industry. Here's the best description that I have found from Our Channel Partner, Consolidated Concepts. With our $17.5 billion in buying power, I help to bring savings to the independent local and regional restaurant groups so they can operate and compete with the national chains. HBG is a full-service company that includes negotiating distribution and supplier contracts, data tracking capabilities, and auditing weekly, monthly, and yearly contracts with food service suppliers on a local level.    Rebates and Deviations: How Do They Work?   Rebates and deviations are a great way to help you save some of that hard-earned money, and when you own multiple units, they add up! Making profits will always be your top priority as an operator, but taking advantage of some easy savings doesn't hurt either. We're here to show you what rebates and deviations are and how you can take advantage of them as a Consolidated Concepts member.   As an operator, you earn rebates based on purchases you make with manufacturer products. These rebates are paid out to you quarterly through marketing funds used by manufacturers as an incentive for increasing sales and building customer loyalty. Deviations are the off-invoice savings on products you already buy for your restaurant. Regarding manufacturer rebates, our team of experts at Consolidated Concepts track and pay those back if the items you purchased are covered through a Consolidated Concepts contract. As far as deviations go, the end goal will be to lower your spending so Consolidated Concepts will continuously make contract recommendations and give you insights into your spending based on your current data.   Based on your "proof of purchase" of the manufacturer items you bought, we'll provide you a breakdown of your rebate check! Consolidated Concepts has contracts with over 350 manufacturers on 180,000+ line items that cover everything you need for your operation across all categories. I hope that helps you understand; contact me to discuss it more! I love meeting with potential clients! #100%transparent

Collecting product reviews is essential for any small business because it helps in refining products and services, builds trust and provides valuable feedback. Here are some ways to collect B2B product reviews: - Reach out to customers directly and ask for their feedback via email surveys, follow-up calls or feedback forms. - Offer incentives to customers who take the time to leave a review, such as discounts or exclusive access. - Encourage satisfied customers to participate in case studies, highlighting their success stories with your products or services. Big Stick Willy's - Craft Casual Cheese Sticks was able to gain valuable insight from its vendors & customers through multiple rounds of feedback. It helped us find a strong category fit for our frozen food product. It's important take the time to collect product reviews and use them to improve your business. Check out what people are saying <> https://lnkd.in/gDJJBZp3

McDonalds... a sales organization??? Damn right! This is a very interesting article on strategy and the future state of quick service food. Super quick read. #sales #strategy #quickservicefood #fastfood #B2C https://lnkd.in/eVk_xVQv

Our insights show that McDonald's has yet to significantly move the needle on customer perception of price and value.   According to our VP of Strategy Andre Benjamin, “In our feedback flow, price is among the top three most selected reasons why a customer likes or dislikes a QFC brand. Clearly, price is top of mind for customers — it should be top of mind for restaurants, too.”   See more insights into McDonald’s in Julie Littman’s Restaurant Dive article.

Smart restaurant operators understand that purchasing cheap equipment can end up costing you more in the long run. Henny Penny distributor HP Sales Northeast - High Quality Restaurant Equipment Solutions spoke to Total Food Service about how our equipment leads to increased efficiency, productivity, customer satisfaction, and savings: https://loom.ly/A8_VGL4 #foodservice #kitchens #foodserviceequipment

Increase Average Order Value. Have you ever heard of Cross Sell or Up-Sell? Let's take an example: Cross Sell- Fast food restaurants asking: “Do you want fries with that?” Up-Sell-  A customer is about to check out with a bottom-tier phone, you can offer an upgrade for a mid-range or premium phone, which helps to increase your average order value. Now you have some idea. #upselling #crossselling #digitalmarketing #AverageOrderValue

Same-store sales are experiencing a decline compared to last year, indicating that customers are becoming more budget-conscious. The challenge is how to pinpoint those lapsed high-value customers and devise the most effective strategy to win them back. Ideally, you should have had the taste profiles of your customers done and should have already conducted multiple A/B testing to determine the most successful campaigns for different segments. Data-driven retention marketing plays a vital role in nurturing repeat business, as retaining existing customers is generally more straightforward than acquiring new ones. In tough times, the key to success lies in making informed, data-driven decisions. #CustomerRetention #DataDrivenMarketing #BusinessStrategy