Restaurant Revenue Management 101: Increase your Profits with the Power of Data
*THIS IS A RECORDING OF A LIVE WEBINAR ON MARCH 16TH, 2022*
With the increased cost of doing business and labor shortages on the rise, now more than ever, restaurateurs must balance revenue generation with delivering the exceptional personalized experiences diners crave. Enter revenue management.
Revenue management is the act of consistently using data to test and optimize multiple strategies across Pricing, Capacity, and Promotions to improve how you fill your seats so your seats are full more often, and with the best customers.
Join SevenRooms in conversation with Events & Catering Manager at Ethan Stowell Restaurants, Phia McDonnell, to learn the four pillars of effective restaurant revenue management, and how to put them into practice in the real world. In this webinar, you’ll learn:
• How to collect consistent, complete, and accurate guest data • How to turn your reservation book into a money-maker through book optimization • How upgrades and pricing & payment policies can drive incremental revenue • How to supercharge your marketing & utilize targeted, personalized promotions