"It's ShowTime, Baby and You're the Show"

Part II

Maximize your Profitability

"I've always wanted to be somebody, but I should have been more specific"
- George Carlin
Your guests define 'value' by the quality of the restaurant experience and the memory it creates. Memories of great value last and are shared with others.

Quality experiences don't 'just happen'. They get orchestrated like a play or piece of music, scene by scene, note by note. It requires a process.

In the last issue, we focused on transforming existing data into wisdom and wisdom into profit. You must know the habits of your guests & how they use the restaurant. If you don't, it will cost you. Specificity is a must.

Guests want to be wanted, acknowledged and loved. These are some personal ways to accomplish this task. It permits you to continue a dialogue and develop a relationship. Both are key ingredients to expanding on the guest's experience. It begins to offer the guest a transformative relationship - the most powerful value- added/competition-killing strategy you could execute. Let's look at two very specific areas of 'ready made' data that can be easily captured and turned into sales.


1. Capture a guest's email and get their permission to contact them

HOW?
  • Ask for a business card
  • Invite guests to 'sign up' when you give them the check
  • Tell your guests that you want to put them on a mailing list to keep them 'up to date' on the 'happenings' in your restaurant
WHAT?
  • Use the 'Give Us Your Business Card, And We'll Draw for A Free Lunch'' promotion
  • Create a rotating 'guest panel' where you invite guests to come in to sample new menu items, offer opinions on promotions or simply report on their visits
  • Send an on-line newsletter
  • Perform 'on-line 'research

WHY?
  • Reminds them that you love them and want to keep in touch
  • Keeps your 'story' in front of them
  • Advertises inexpensively to people who are likely to respond
  • Gets immediate feedback
  • Creates a 'proprietary' relationship that competitors will have difficulty breaking up


2. Use Your Website to capture data and develop a deeper relationship
This supposes you have a website. I know, but bear with me. It may give those of you who do not have one, a reason to consider it.

HOW?
  • Talk to your web business plan guy
  • Talk to a web designer

WHAT?
  • Use the same kinds of strategies to collect the email addresses in the restaurant
  • Ensure that this point of guest contact is consistent in tone & content with other points of guest contact
  • Determine how your site is being used, by whom and when

WHY?
  • Embodies the spirit of "To know you is to love you" as your guiding philosophy
  • Uses the net to be more than a one way information source. It is another way to have a relationship

Most websites try to be too many things to too many audiences. Look at it as another means to stay in touch, and nurture the guest's memories of their experience. Remember that it is the memory of their experience that determines the guest's perception of your value.

In the next issue, we will take a look at the vital role of the menu. --> GO

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Part 1 - Maximize your Profitability
Part 2 - Maximize your Profitability

 

The Method Marketing newsletter gets published twice a month and concentrates on concrete ways you can take advantage of the emerging "Experience Era".

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