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Platform

What is Paytronix CXP?

Combining online ordering, loyalty, omnichannel messaging, AI insights, and payments in one platform. Paytronix delivers relevant, personal experiences, at scale, that help improve your entire digital marketing funnel by creating amazing frictionless experiences.

A Complete Customer Experience Platform
Online Ordering
Acquire new customers and capture valuable data with industry leading customization features.
Loyalty
Encourage More visits and higher spend with personalized promotions based on individual activity and preferences.
CRM
Build great customer relationships with relevant personal omnichannel campaigns delivered at scale.
Artificial Intelligence
Leverage the most data from the most customer transactions to power 1:1 marketing campaigns and drive revenue.
Payments
Drive brand engagement by providing fast, frictionless guest payments.

Solutions

Paytronix CXP Solutions

We use data, customer experience expertise, and technology to solve everyday restaurant and convenience store challenges.

Contactless Experiences
Accommodate your guests' changing preferences by providing safe, efficient service whether dining-in or taking out.
Customer Insights
Collect guest data and analyze behaviors to develop powerful targeted campaigns that produce amazing results.
Marketing Automation
Create and test campaigns across channels and segments to drive loyalty, incremental visits, and additional revenue.
Mobile Experiences
Provide convenient access to your brand, menus and loyalty program to drive retention with a branded or custom app.

Subscriptions
Create a frictionless, fun way to reward your most loyal customers for frequent visits and purchases while normalizing revenues.
Employee Dining
Attract and retain your employees with dollar value or percentage-based incentives and tiered benefits.
Order Experience Builder
Create powerful interactive, and appealing online menus that attract and acquire new customers simply and easily.

Multi-Unit Restaurant

Loyalty Programs
High-impact customizable programs that increase spend, visit, and engagement with your brand.
Online Ordering
Maximize first-party digital sales with an exceptional guest experience.
Integrations
Launch your programs with more than 450 existing integrations.

Small to Medium Restaurants

Loyalty Programs
Deliver the same care you do in person with all your digital engagements.
Online Ordering
Drive more first-party orders and make it easy for your crew.

Convenience Stores

Loyalty Programs
Digital transformations start here - get to know your guests.
Online Ordering
Add a whole new sales channel to grow your business - digital ordering is in your future.
Integrations
We work with your environment - check it out.

Company

About Paytronix

We are here to help clients build their businesses by delivering amazing experiences for their guests.

Meet The Team
Our exceptional customer engagement innovations are delivered by a team of extraordinary people.
News/Press
A collection of press and media about our innovations, customers, and people.
Events
A schedule of upcoming tradeshows, conferences, and events that we will participate in.
Careers
Support
Paytronix Login

Order & Delivery Login

Resources

Paytronix Resources

Learn how to create great customer experiences with our free eBooks, webinars, articles, case studies, and customer interviews.

See Our Product In Action
E-Books
Learn more about topics important to the restaurant and c-store customer experience.
Webinars
Watch brief videos for tips and strategies to connect with your customers.
Case Studies
Learn how brands have used the Paytronix platform to increase revenue and engage with guests.
Reports
See how your brand stacks up against industry benchmarks, analysis, and research.
Blog
Catch up with our team of in-house experts for quick articles to help your business.

2024 Online Ordering Guide

Growth-oriented insights for ambitious leaders

3 min read

7 Factors Driving Major Change in the Restaurant Industry

7 Factors Driving Major Change in the Restaurant Industry

It seems that mergers and acquisitions in the restaurant industry are happening at an unparalleled pace. Large groups are buying up smaller chains, and some small chains are even buying larger ones—all in an effort to stay competitive during this challenging time.

More worryingly, the number of Chapter 11 bankruptcies being filed seems to have increased as well.

But what can you do about it? How can you safeguard your business and keep it primed for future growth?

The first step is to understand the key factors that are driving these events. Of the seven factors we’ve identified, six are outside of your control, but don’t let this deter you. Knowing about and preparing for these influences can set you apart from the competition.

The last one is entirely in your control and may be the most crucial factor in determining a restaurant’s success. It’s also the one that restaurants are most likely to disregard.

We’ll start with those first six factors driving restaurant industry change:

  1. Employee Turnover

Some might argue that employee turnover is within a restaurant’s control. And things like salaries, any benefits, and the general work environment can certainly have a major impact. But the restaurant industry tends to see a high percentage of employee turnover no matter what perks are offered, and constantly having to manage staffing comes with the territory.

In most cases, employees are deeply affected by any kind of change to a business. But they’re often management’s last thought when major changes like mergers, acquisitions, and bankruptcies happen.

Remember, during a significant event for a restaurant, the employees are experiencing uncertainty firsthand … and conveying it to the customers they interact with. Communicating better with employees not only helps them feel more secure, but also makes them less likely to jump ship for another opportunity. Additionally, they will be less inclined to express uncertainty or frustration to your customers.

  1. Weather

While it isn’t something a restaurant can control, weather very much affects business. From hurricanes to wildfires to snowstorms, any number of significant weather-related issues can crop up, depending on your location.

These unfortunate circumstances can also present an opportunity for a restaurant to connect with the people and make itself a “safe haven” for the surrounding community. Although a restaurant can’t control the weather, it can absolutely control what is done in response.

  1. Generation

Each new generation possesses unique attributes. Generation Z, for example, consists entirely of people who have never been without the Internet and cell phones.

These “digital natives” have a high expectation for convenience and attach a sense of urgency to all needs and desires. They want what they want, when and where they want it. If a restaurant can’t keep up with that, it’s in trouble.

They’re also going to seek information on the Internet. Knowing this, a restaurant’s website and overall digital presence, including online reviews, should fuel the desire to purchase.

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  1. Technology

Along with the generational factor comes the technological factor. Rapid change in technology makes for more opportunities, but it also adds more challenges.

A restaurant needs to keep informed about technological developments in the back of the house (e.g., classic POS and accounting), the front of the house (e.g., digital menu boards and ordering), and revenue-generating applications (e.g., loyalty programs and CRM). The data gathered from all three areas provides the basis for the restaurant’s data analytics.

It’s a lot to stay on top of for restaurant owners and executives. Fortunately, a company like Paytronix can help a restaurant meet the challenges and capitalize on the opportunities.

  1. The Market Itself

Customers have more options than ever for dining, takeout, and delivery—and they get constantly bombarded by advertisements and promotions for them.

It’s imperative to get customers to choose your restaurant over the competition. One of the key ways to do so is to take a great interaction in the restaurant and extend it out into the marketplace so that it stays with customers and drives them to visit the restaurant again. We’ll dive more deeply into this in the seventh factor.

  1. Off-Premise Interactions

As was discussed in considering the newer generations, people seek immediacy. Customers expect to be able to consume a restaurant’s food when and where they want it.

Easy delivery and pickup have become major drivers in the restaurant industry, and that’s true even in the fine-dining segment. Being able to give customers the same high-quality food that they would be served in the restaurant—whether via takeout or delivery—is essential for keeping up with expectations.

  1. Emotional Connection

While the first six factors are generally out of a restaurant’s control, this last factor is entirely within it—and may be the single most important element in determining a restaurant’s success.

The emotional connection a customer makes with a restaurant can’t be underestimated. Through carefully orchestrating the entire customer experience, a restaurant can nurture an emotional connection that will compel guests to come back—and to tell their friends.

For a more in-depth look at how to create this crucial connection, we offer an on-demand webinar called “Emotional Connection: The Missing Trait in the Guest Journey.”

In this free webinar, we discuss how to create that connection and give you an exact framework for the customer experience, covering everything from the moment guests arrive to the moment they leave. This proprietary template helps you identify your key challenges and opportunities, and you will then be able to make major impacts on the customer experience.

To get access to this framework and learn how to beat the competition by developing a strong emotional connection with your customers, click here to watch our free webinar now.

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