Kounta POS Making it Big in Hospitality: Strategies for Growi | Page 18

With all the POS reporting you’ve done over the first three chapters, you’ve probably noticed right now that there are some hours where you business is much slower than others. It’s one of those trends that will just reach out slap you in the eyeballs as you look at sections of graphs where your charts barely climb the Y axis. These are the hours where “increase average check size” isn’t a suitable strategy. If, from 4pm to 6pm you get an average of 10 customers, adding a few bucks to each bill isn’t going to make much difference. There’s safety in numbers, and there’s one proven method to increase traffic in your restaurant that’s been around for over a century. That’s an paralleled test of time when it comes to marketing strategies, so we need to make a big deal over. Give it a proper introduction. “Therefore, my lords, omit no happy hour That may give furtherance to our expedition…” - William Shakespeare King Henry V: Act 1, Scene 2 Yes, Happy Hour. Who doesn’t have an hour to be happy? Though it’s often associated only with bars, there’s no actual law that says restaurants can’t play along. Remember, kids: you don’t need alcohol to get happy. You can always eat your feelings with half-price wings. But alcohol helps, I’m not going to lie. As a restaurant owner, though, you can pretty much count on happy hour to give furtherance to your expeditions, as the Bard himself attested. Sure, you’ll make less profit per item, but you’ll also increase revenue—which raises profit overall. The good thing about happy hour is that it isn’t only about the immediate benefit of doing more business during business hours. It’s also a way to get people to think about coming back. Remember our two demographics in the previous chapter? Well, any good happy hour is going to attract a decent number of people from the second group, the Hasn’t-Eaten-At-Your-Restaurant demographic. You’ll recognize them instantly, because they’ll be the people you’ve never seen before. Some time between entering and exiting, they switch over to the Has-Eat-At-Your-Restaurant group—and it’s during this jump from one demographic to the other that you can create great customers. The nature of a happy hour food menu is that you’re offering smaller sized, but economically priced portions of items from your regular menu. Make it a habit of bringing free samples of dishes that people didn’t order. Whether it’s to whet their appetites for another round or another time, it’s good for business to display some of the range of your menu. If your menu and concept supports it, combination platters of your most