While the economy may be showing signs of vibrancy, consumers remain cautious. A recent article in PMQ Pizza Magazine, however, reports that loyalty programs can be an effective weapon for restaurants in these times.

“Acquiring new customers is incredibly expensive," said Logan LaHive, founder and CEO of a loyalty program developer in Chicago. "Because you get 80% of your revenue from 20% of your customers, rewarding loyalty is the best tactic."

If you use or are thinking about implementing a loyalty program, here’s some useful information:

•    A recent study revealed that 33% of consumers view loyalty programs as very important during tough economic times.
•    The same study reveals that consumers spend 17% more on visits that include a loyalty program.
•    Loyalty programs are not viewed as giving away products or providing heavy discounts, which may cheapen your restaurant in the eyes of customers.
•    When a customer enrolls in a program, you officially establish a relationship, as opposed to someone using a coupon that you may never see again.
•    Refrain from asking customers for all of their information at once. Start with a name and email address. Later, you can ask for their mailing address, phone number, and more.
•    A loyalty program that works in unison with a recognized charity is often viewed favorably by customers.

Mobile ordering at restaurants is here and growing rapidly.

If you had any doubts, take into consideration a recent report that Starbucks has processed more than 26 million mobile transactions so far this year.  Impressive, especially considering that 2011 was the first year they offered such a service.

Since launching, Starbucks has heavily promoted the ability for customers to pay for their coffee with their Smartphones – all the while – helping to train customers to use their mobile device when interacting with other restaurants.  We should all thank Starbucks for this.

Thank you, Starbucks, for making everyone more aware of how convenient a Smartphone can be for customers and its ability to help process payments (or takeout orders at other restaurants).

According to a July 2011 Pew Report, 1 out of every 3 mobile phones is a Smartphone and 25% of those users consider their Smartphone their primary link to the internet.

When NetWaiter launched its own mobile ordering platform, nearly two years ago, we automatically made it part of every restaurant’s ordering system.  Within a week, there was a substantial traffic increase, and it continues to grow rapidly.

NetWaiter’s technology is able to determine when a customer accesses a restaurant’s NetWaiter site with their mobile device.  The system automatically recognizes the device and displays the appropriate mobile site.  Navigation is made simple, ordering is simple, and payment is simple.

NetWaiter also makes unique QR Codes available for each restaurant, allowing takeout customers to scan the code with their Smartphone and immediately access the restaurant’s mobile site.  All the work is done by NetWaiter – if your restaurant has a NetWaiter site, you’re automatically provided a mobile site and QR Code, customized for your restaurant.

For more information about NetWaiter’s custom mobile sites and QR Codes, please contact NetWaiter.