Increase your sales: discover the power of TheFork's revenue management resources for restaurants
We totally get how important it is to increase your restaurant's revenue. That's why we're here to show you some of TheFork Manager's revenue management tools that can help you do just that.
Dynamic Pricing Strategies
Let's start with one of our most powerful tools: dynamic pricing strategies. It's like having a secret sauce to optimise your table occupancy and increase your revenue. By adjusting prices based on factors like demand, time of day, and day of the week, you can attract more diners and fill up those empty tables. After all, a table with diners enjoying a discounted meal is way more profitable than an empty table, right?
Optimise Table Availability
With our yield management tools, you can efficiently manage your reservations and find the sweet spot between pre-booked tables and walk-in availability. Say goodbye to those pesky empty tables during peak periods! Our automated reservation assignment feature ensures that every table, chair, and square meter is put to optimal use. It's like having a magic wand for your restaurant's space!
Loyalty Program: Yums
Our Yums loyalty program is a real game-changer when it comes to increasing your profitability. By joining this program, your diners can redeem their accumulated Yums points at your restaurant. Talk about fostering customer loyalty, attracting new guests, and encouraging repeat visits! Participating in the program gives your diners a great reason to choose your restaurant over the competition. Plus, it boosts your visibility to a wider audience on TheFork's website and app. Isn't that awesome?
Try TheFork for free
Real-Time Data and Analytics
Our revamped statistics page is like having a treasure trove of real-time data and analytics at your fingertips. Dive into reservation patterns, see how much your guests are spending on average, and let our algorithm estimate the extra profit from your promotions. Armed with these valuable insights, you'll make informed decisions about pricing, availability, and promotional strategies. It's all about using the power of data to fine-tune your revenue management for maximum profitability. Oh, and stay tuned for our brand-new revenue management blog!
Flexibility with Table Configurations and Time-Slot Optimisation
Get ready to unleash your creativity with our intelligent restaurant floor plan feature in TheFork Manager. It's like being an artist, customising your table configurations to fit your specific needs. Set different layouts, seating capacities, and booking durations to accommodate larger groups, private events, and specific dining preferences. You can even offer special menus! By optimising your reservation settings based on time slots and seasonal trends, you'll be maximising your revenue potential throughout the year. It's all about giving your guests the best dining experience while boosting your bottom line!
Collaboration with TheFork during Campaigns
We're all about helping you take your revenue to new heights! That's why we provide additional marketing opportunities to enhance your efforts. Take advantage of our promotional features during TheFork Festival or TheFork Summer to boost your visibility and increase your chances of getting reservations. By collaborating with us on these exciting campaigns, you can tap into our extensive user base and generate extra reservations.
A Solution for Everyone
Whether you run a local neighbourhood restaurant or a small group, TheFork has got your back. We offer a wide range of tools to optimise your revenue and make your life easier. By strategically managing your table availability, implementing dynamic pricing strategies, leveraging special offers and promotions, and utilising real-time data and analytics, you'll be on your way to maximising your profitability. If you're not already working with TheFork and want to know more about how our yield management tools can benefit your restaurant, just request more information here. And if you're already part of TheFork family, reach out to our support team through the live chat in TheFork Manager or talk to your account manager for more details. We're here to help you succeed!