Looking 5 Years Into the Future

Looking 5 Years Into the Future

#149 - Looking 5 Years Into the Future

This week's episode is also sponsored by STOCK MFG.

With Stock you get all the style of retail, with the price, continuity, and customer service of a traditional uniform vendor. They offer an assortment of everyday items that are ready to ship with no minimum order quantity, and can also create custom uniforms to fit any aesthetic.

Visit: stockmfg.co/chip to get get started.

*****

The "restaurant" has gone basically unchanged over the past two centuries, and yet because of the pandemic the world is changing at incredible speeds all around us. Retail, travel, medicine, education, and more... all of it has been upended due to technology and changing consumer behavior over the past twenty years. And yet the restaurant industry resisted. But we can no longer afford to resist the call.

On this week's episode I'm walking you through the inevitable changes that will reshape our industry. We can utilize them to make more profitable businesses, or we can get left in the dust.

  • Technology
  • Convenience
  • Compensation
  • Behavior

*****

Register for my FREE webinar on January 24 and 25 all about the Two Secrets to Restaurant Profitability: www.restaurantstrategypodcast.com/webinar

Episoder(544)

Why Do You Want to Open a Restaurant?

Why Do You Want to Open a Restaurant?

#8: Why Do You Want to Open a Restaurant? To be totally transparent... I think a lot of people go into business for the wrong reasons. They open restaurants because they think it'll be fun (which it s...

17 Apr 201925min

How to Build a Comprehensive Marketing Strategy

How to Build a Comprehensive Marketing Strategy

#7: How to Build a Comprehensive Marketing Strategy What does your marketing strategy look like? Do you even have a marketing strategy? If you're like a lot of restaurant owners out there, it's non-ex...

10 Apr 201919min

Pillar Four: DIFFERENTIATION

Pillar Four: DIFFERENTIATION

Fourth Marketing Pillar - DIFFERENTIATION We're starting to turn the corner now as we come to the fourth episode in a 5-show arc. We've been breaking down the Five Pillars of Marketing as a way of giv...

5 Apr 201920min

Pillar Five: OPPORTUNITIES

Pillar Five: OPPORTUNITIES

Fifth Marketing Pillar - OPPORTUNITIES We've finally made it. We are at the end of this little five episode arc where we've been discussing the Five Pillars of Marketing. We started with IDENTITY, fin...

5 Apr 201918min

Pillar Three: COMPETITION

Pillar Three: COMPETITION

Third Marketing Pillar - Competition Welcome to the third in a 5-episode arc where we're talking about the Five Pillars of Marketing. Before we can begin building a comprehensive marketing strategy fo...

5 Apr 201920min

Pillar Two: AUDIENCE

Pillar Two: AUDIENCE

Second Marketing Pillar - AUDIENCE Welcome to the second in a 5-episode arc where we're talking about the Five Pillars of Marketing. This is our opportunity to give ourselves a strong foundation befor...

5 Apr 201921min

Pillar One: IDENTITY

Pillar One: IDENTITY

First Marketing Pillar - IDENTITY This is the first episode in a 5-episode arc where we're talking about something I call the Five Pillars of Marketing. Before we can begin talking about building a ma...

5 Apr 201916min

What is Marketing?

What is Marketing?

EPISODE #1: What is Marketing? ** Download the 3-Step Marketing Worksheet HERE ** Since this is a podcast all about marketing, I thought we would start off by first agreeing on a definition for market...

22 Mar 201918min

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