This infographic titled “How Effective are Restaurant Coupons” tells us about the various benefits restaurant owners can get from coupons. On the face of it, restaurant coupons mean a loss for an owner, since they must offer a discount on every meal. However, there are a number of hidden benefits that more than make up for it. In the end, owners can make a nice little profit, despite slashing their prices.
Large parties: People with large parties often prefer restaurant coupons because they can get a substantial cut on their final bill. The bigger the party, the more likely one is to look for places that offer them more value for their money. For the restaurants, this means that they have more people coming in.
While their bill may be less than the stated cost, the sheer number will make up for it in the end. It’s a win-win for both parties. Large parties also bring new customers to your place, many of whom may become repeat diners.
Attract new customers: Bringing new customers to a restaurant is not easy in a city where you have many competitors. Restaurant coupons are an effective means of achieving this. Everyone loves a good deal. Coupons that offer substantial discounts will always bring in new diners.
Fill empty tables: While attracting new diners is essential, one cannot and should not ignore one’s regular customers. But there are seasons and occasions when business may be less than brisk, such as freezing winters or scorching summer. Coupons encourage even those reluctant diners to come out for a meal. You can fill your tables and make sure that you restaurant looks busy!
What we want is for people to use their coupons. A coupon urges potential customers to try your restaurant. If they are happy, you have better chances of ensuring repeat customers. So, get your coupon strategy ready.