Restaurant Management Competition

Restaurant competitive analysis, Restaurant SWOT analysis, How to gain competitive advantage, Restaurant analytics etc.

What you'll learn
Stay ahead of the competition with restaurant automation
How to gain competitive advantage in the restaurant business
Restaurant SWOT analysis example you can use today
How restaurants are using data and analytics to increase profits
Ways to study your restaurant competition for your benefit
Restaurant competitor analysis
Restaurant competition: How to make your restaurant stand out
Effective ways to beat restaurant competition without lowering your profits
Requirements
No requirement
Description
Operating  and managing a restaurant in this modern time is not easy. Thin margins and evolving food trends make it very difficult, but competition from a multitude of dinning options is often cited as a difficult aspect of managing a successful restaurant. In fact, one in every five restaurateurs will obviously name tough competition as a top challenge for their business. However, there is always room for opportunity, in fact a lot of consumers do not know what they are going to eat for dinner just hours beforehand, so restaurant that can effectively market and position themselves wisely can win guest over a competitor. One of the key things you can do as restaurant owner is to know your target audience and also define your customer persona, your target audience may be your regular customers, loyal customers and potential customers, understanding this group of people will give you the opportunity to clearly know what this people want and how they want it and when they want it, the best way to get information from your customers is to ask them directly and they will say it as it is, this kind of information will help you improve upon your business and help you to be more creative and focus. My advise to restaurant management is that there is no way you can win your competitors when the quality of your food is bad and your customer service is also poor, to lead or win in competition you need to improve about everything you are doing in the organization. Understanding your customer persona is good in helping you to clearly know their demographic and behavioral profile of the people that will be coming into your restaurant day and night. Investment in modern technology is key in leading competition because it help the process of operation, and also ensure just in time delivery. Make sure your restaurant ratings is very high on the social media and other reputable media.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 What is restaurant

Lecture 3 Ways restaurant competition is good for you

Lecture 4 How to gain competitive advantage for the restaurant business

Lecture 5 Restaurant ratings

Section 2: Restaurant Competition: How To Make Your Restaurant Stand Out

Lecture 6 Know your target audience and defined your customers persona

Lecture 7 Map your restaurant competitive foot print

Lecture 8 What makes your restaurant worth the trip

Section 3: Restaurant SWOT Analysis Examples You Can Use Today

Lecture 9 Restaurant strengths

Lecture 10 Restaurant weakness

Lecture 11 Restaurant opportunities

Lecture 12 Restaurant threats

Lecture 13 Brainstorming strengths and weakness

Lecture 14 Recognizing opportunities threat

Section 4: Restaurant Competitor Analysis

Lecture 15 What is competitor analysis

Lecture 16 Identify your competitor

Lecture 17 Analyze their business model

Lecture 18 Study their menu

Lecture 19 Review sales techniques

Lecture 20 Evaluate their marketing strategy

Lecture 21 Identify customer service gaps

Section 5: 7 Ways To Study Your Restaurant Competition For Your Benefit

Lecture 22 Make a list of your competition

Lecture 23 Check out social media

Lecture 24 Compare marketing materials

Lecture 25 Attend local food-themed events

Lecture 26 Hire a restaurant consultant

Lecture 27 Exceed the positives

Lecture 28 Exploit the negatives

Section 6: How Restaurant Are Using Data And Analytics To Increase Profit

Lecture 29 What is restaurant data analytics

Lecture 30 Big data and restaurant

Lecture 31 How restaurant can gather guest data

Lecture 32 How data analytics improve revenue

Lecture 33 How restaurant analytics impact labor cost

Lecture 34 How analytics effect menu decisions

Lecture 35 How analytics impact the guest experience

Lecture 36 How analytics help fill empty tables

Lecture 37 Restaurant analytics and loyalty program

Lecture 38 The role of predictive analytic for restaurants

Lecture 39 Real world examples of restaurant using analytics to increase revenue

Section 7: Stay Ahead Of The Competition With Restaurant Automation

Lecture 40 The impact of automation on the restaurant industry

Lecture 41 Benefits of restaurant automation

Lecture 42 Conclusion

Section 8: & Effective Ways To Beat Restaurant Competition Without Lowering Your Profit

Lecture 43 Know your competition

Lecture 44 Price the menu right

Lecture 45 Sell your usp

Lecture 46 Train your staff to deliver exceptional service

Lecture 47 Make use of technology

Lecture 48 Market your restaurant well

Section 9: Restaurant competition And How Entrepreneurs Can Differentiate Their Business

Lecture 49 Existing competition

Lecture 50 Industry growth

Lecture 51 Product differentiation

Lecture 52 Switching cost

Lecture 53 Self-service system

Lecture 54 Virtual kitchen

Lecture 55 Hobby-inspired restaurant ( psychographic segmentation)

Restaurant owners, restaurant managers, restaurant employees, consultants, Directors, customers, suppliers, CEO, policy makers, food authorities, supply chain managers etc.