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Want to set restaurant marketing ideas that drive real results? Let’s dive into a few must-have objectives and how to set, adjust, and monitor them.
Restaurant marketing objectives are the targets guiding your marketing efforts. They keep your actions in line and direct all your resources toward accomplishing them. But if you’re already using social media platforms, SEO, partnering with influencers, and developing solid branding, why are they necessary?
The short answer is that marketing is like a puzzle. It may look good as a whole, but behind the scenes, putting the pieces together requires a method to the madness. The long answer centers around purpose, as these objectives remind you what you’re working towards. Even when your restaurant marketing strategies evolve from time to time, you’ll still have a stable foundation to work from.
Many often think of restaurant marketing objectives as interchangeable with tactics and strategies, but they have distinct meanings. Take a look at three below:
We’ll talk about tactics and strategies under each objective we cover. Let’s continue.
Brand awareness is how familiar your target audience is with your restaurant. Measuring it involves visiting where your customers interact online.
Social media metrics like engagement, growth, and impressions provide a general idea of your online presence. Google Analytics gives you a deeper look at the traffic coming to your website, like where they’re coming from and how they’re interacting with your site. Brand mentions around the web can show you exactly how people talk about and perceive your restaurant.
Here are three ways to increase brand visibility:
How happy are your customers with your product and service? Do they frequently have plenty of positive feedback about their experience? Customer satisfaction is the biggest determinant of repeat visits and loyalty.
When customers enjoy their dining experience, they’ll return and recommend your restaurant to others. That will result in consistent business from more customers and better lifetime customer value.
Here are four ways to improve customer satisfaction:
Acquiring a new customer costs five to seven times more than retaining one, so you don’t want to lose out on these valuable relationships. While the overarching goal is to have as many people as possible eating at your restaurant, it’s not in your favor for them to be one-time customers either. That’s a red flag something isn’t working, whether it’s the food, atmosphere, or service. In the restaurant industry, repeat business is important for consistent revenue, profitability, and, according to the numbers, higher spending.
Here are three ways to keep customers coming back:
Every business should be on social media. It’s the best way to reach a relevant audience, as the built-in algorithms help these users discover your brand and get a taste of what your business offers. Each platform has special features to help you interact effectively with potential customers, showcase your food and restaurant visually, and create a community. While you’ll want to advertise your business using social media marketing tactics, you want to put a greater emphasis on creating genuine connections to encourage organic visits.
Here are four ways to increase social media engagement:
Promotions are a fantastic incentive to encourage potential customers to dine at your restaurant, even if they weren’t initially thinking of doing so. Discounts, deals, and limited-time offers are useful for creating urgency, but they should also be implemented with a purpose.
For example, you might want to promote a new menu item or draw attention to your new restaurant catering services. You might offer a happy hour special featuring your new pasta dish or offer 10% off catering services within a specific date range, respectively. Many restaurants have found success doing buy-one-get-one (BOGO) deals or three-course bundles. These promotions boost restaurant sales by increasing traffic and enticing customers looking for a good deal.
How to measure the success of your promotional campaigns in three steps:
Customers are heavily influenced by reviews, with 74% checking at least two review sites before making decisions. While you might get lucky and gain a lead from a viral Instagram reel you posted, chances are high that many of your customers will go through a more detailed research process before setting foot in your restaurant.
Not only that, but 89% of consumers expect business owners to respond to all sorts of reviews—negative or positive. The more positive reviews, the better, of course.
However, negative reviews don’t always have to be a deterrent. It’s about mastering how you deal with them in the short term and in the long term. The short-term might be mitigating the immediate problem, while the long-term could involve rectifying the root cause if there is one.
How to encourage positive reviews and handle negative feedback in three steps:
Nurturing your existing customer base is important, but eventually, you need to expand your reach. After all, there could be plenty of interested new customers who you haven’t reached yet.
To do so, diversify your marketing efforts. Community involvement, a stronger focus on digital advertising, and shifting toward traditional marketing tools like direct mail are all effective strategies. It’s all about spotting gaps in your plan to see how you can reach new audiences.
How to use targeting and segmentation in two steps:
Setting clear objectives requires structure, and that’s where the SMART criteria come in handy. When setting objectives, make sure they are:
Example: Increase sales of our new pasta dish.
Example: The pasta dish should increase in sales by 15%.
Example: 15% is an achievable goal, as we’ve increased our marketing budget and ingredient budget.
Example: Biggest goal is to increase food sales.
Example: Achieve a 15% sales increase within the next quarter.
Marketing objectives should never be set and forgotten. They should be constantly monitored over time in case adjustments are required. This allows you to keep your objectives in line with your restaurant’s broader goals and industry trends at all times.
Five useful tools to help with this include:
Still need clarity on certain aspects of restaurant marketing objectives? Let’s go over a few FAQs about them below.
Restaurant objectives should focus on growth, attracting and retaining customers, and becoming more profitable. Those are just the basics!
Food marketing objectives include boosting sales and brand awareness, attracting new customers, and turning them into loyal clientele. Marketing food means promoting it as a unique product and executing targeted campaigns.
A restaurant business should create a broad marketing strategy involving digital and traditional marketing channels, brand visibility, managing and encouraging online reviews, special promotions, and community-focused tactics. As you can imagine, a restaurant marketing strategy can be pretty in-depth.
The four main business objectives are:
Now that you’re familiar with how to set restaurant marketing objectives and goals to achieve them, you’ll want to tailor them to your restaurant. Whether you’re more focused on monthly net restaurant sales, daily net restaurant sales, food quality, or something entirely different, you’ll want to consistently revisit them. This will ensure they consistently align with your broader restaurant marketing goals.
To improve the success of your campaigns, marketing automation tools, like ours at Paytronix, can help you master each part of your restaurant marketing strategy. Schedule a demo to see how our tools at Paytronix help you get more out of your efforts.
For more insights, check out our helpful e-book on Choosing a Loyalty Program for Your Convenience Store for ideas that can be applied to your customer retention strategy.