Developing Your 2012 Marketing Plan
CORE Restaurant Marketing
   ◦   National Restaurant Marketing Agency
   ◦   Focused on Helping the Independent Restaurant Operator
   ◦   Has business relationships with multiple national food distributors
   ◦   Track record of performance in developing sales increases.


Joe Welsh
 ◦ Over 30 years of Food Industry experience
 ◦ Master’s Degree in Food Marketing
 ◦ Has developed and created programs for national companies such as,
   Hellmann’s, Skippy, Keebler, Pepsi and others
 ◦ Implemented programs nationally with US Foods, Gordon Foods and
   Performance Food Group
 ◦ Assisted in the development of programs such as
   Foodservice Rewards
 ◦ Restaurant Master with Restaurant 101 Seminar Team
Consumers Have Many Choices
 ◦ Growth of Chain Accounts
    Advertising budgets geared to new customer acquisition.
    Product consistency
    Growth of new category segments.
 ◦ Independents Can Compete
    What are you know for? What is your point of difference?
    Local community involvement / marketing
    Word of Mouth Marketing
    Utilize the same tools the chains have. You can compete!
   Win / Worth (Is the win worth the effort)
     ◦ Reduce Your Food Cost Means - $12,500
      • Restaurant doing $850,000 per year
      • 30% Food Cost


     ◦ Drive Traffic – Potential Revenue Impact - $146,160
      • 6 Marketing strategies to drive traffic


                  Where Do You Focus Your Attention?
 You Need To Do Both
 Top Line / Bottom Line Solutions
•   Shotgun approach vs. target marketing
•   Technology has changed driving traffic
   Local Search Visibility.
      − # 1 Search Term on Google
       is Local Restaurants
      − 9 Primary Search Engines
      • Google, Yahoo, Bing , etc

     −150 Additional Local Search Engines
      • GPS Systems, 411, Mobile Apps, etc

   Projected Revenue - $8,640
   Communicate Monthly
        with Email Marketing
        −Stay top of mind with your customers
        −Why do people open email’s?
         • They know who it is from. Build an opt-in list.
         • What’s in it for me?

   Why does email work
     −Size of the database counts. Build the
      list!
     −Email offers have a 6% redemption
      rate
   Projected Revenue - $21,600
   Takeout Menus Programs
      −Get your menu in the home
      −Let customers see what you to
       offer
      −Direct mail programs
      • Build your business in slow months
      • Drive Dine In Sales
      • Drive Take Out Sales

 Projected Revenue - $25,800

                                             Tie Your Takeout Menu In
                                               with Mobile Marketing
                                                 For Added Impact
   Social Media
      −Facebook / Twitter / You Tube
      −Postings enhance local search
       visibility
      −Viral Effect – New Age Word of
       Mouth
      −Build your “Likes”
      −Frequency of postings
      −People / Pictures / Promotion
   Projected Revenue - $25,920
Juan’s
Tracking 35% ahead
    of last year




                        Guadalajara
                     Owners are subsidizing
                           monthly
   Loyalty Programs
      −Not a discount….. Offer your customers a
       premium
      • Not a topline revenue reduction
      • Advertising expense
      −Increase frequency of visits
      −Increase check averages
      −Allows for community involvement
      • Fundraising programs
      −Targets opportunities
      • Double Rewards on Wednesdays
      • Double Rewards for Desserts

   Project Revenue - $54,000
   The Guest Experience
      −Server Training
      −Voice of the Customer
      −Lifetime Value of the Customer


             What Is A Customer Worth
 Direct purchases over 5 years - $4,200
 Refer 5 friends every 5 years - $105,000
•   Menu Updates
     • Counterbalance the impact of
       rising food cost.
        • Update / Review every 6
          months
•   Menu Engineering
     • Sell what sells and help with
       inventory management
•   Menu Design
     • Design techniques can improve
       the profitability of your menu
       by as much as 15%
 Coupon Vehicles
   −Val Pack, Clipper, etc.
 Group Buying

   −Restaurant.com. Groupon, Living Social
•   What is your revenue                   CORE Revenue Analysis
    potential?                      Menu Impacts                                 $    41,860.00

                                                  Menu Engineering Impact        $     7,020.00
•   Get your customized report                                Inflation Impact   $    32,760.00

    today.                                                     5 to 9 Impacts    $     2,080.00



•   Prioritize your action steps.   Takeout Menu Marketing                       $    22,800.00

                                                          Internal Marketing     $     7,800.00

•   Build your 2012 marketing                          Direct Mail Marketing     $    15,000.00


    plan.                           Loaylty Program with Fundraising             $    58,500.00


                                    Email Marketing                              $    21,600.00


                                    Social Media Marketing                       $    23,400.00


                                    Local Search Visibility                      $     7,800.00


                                    Total Revenue Impacts                        $   175,960.00
   Purchase Services as needed through our
    network
    ◦ Menus, Rewards, Email, LSV, Social Media Playbook

   CORE Coaching Program
    ◦ 4 week Coaching Program
      Week 1 – Goal Setting
      Week 2 – Menu Analysis, Is it designed for profitability.
      Week 3 – Review of current marketing strategies and a
       look at alternatives.
      Week 4 – Four Walls marketing strategies
   Implementation Programs
                       Basic             Starter           Managed
      Services   •   LSV             •   LSV           •   LSV
                 •   CORE Coaching   •   SM            •   SM Admin
                                         Playbook      •   Menu P&P
                                     •   Menu P&P      •   Rewards with
                                     •   CORE              Fundraising
                                         Coaching      •   Email
                                     •   3 Month           Marketing
                                         Startup and   •   CORE
                                         Turnover          Coaching
CORE Restaurant Marketing
www.corerestaurantmarketing.com
     888-890-9492 x 101

Seven Strategies for Restaurants

  • 1.
    Developing Your 2012Marketing Plan
  • 2.
    CORE Restaurant Marketing ◦ National Restaurant Marketing Agency ◦ Focused on Helping the Independent Restaurant Operator ◦ Has business relationships with multiple national food distributors ◦ Track record of performance in developing sales increases. Joe Welsh ◦ Over 30 years of Food Industry experience ◦ Master’s Degree in Food Marketing ◦ Has developed and created programs for national companies such as, Hellmann’s, Skippy, Keebler, Pepsi and others ◦ Implemented programs nationally with US Foods, Gordon Foods and Performance Food Group ◦ Assisted in the development of programs such as Foodservice Rewards ◦ Restaurant Master with Restaurant 101 Seminar Team
  • 3.
    Consumers Have ManyChoices ◦ Growth of Chain Accounts  Advertising budgets geared to new customer acquisition.  Product consistency  Growth of new category segments. ◦ Independents Can Compete  What are you know for? What is your point of difference?  Local community involvement / marketing  Word of Mouth Marketing  Utilize the same tools the chains have. You can compete!
  • 4.
    Win / Worth (Is the win worth the effort) ◦ Reduce Your Food Cost Means - $12,500 • Restaurant doing $850,000 per year • 30% Food Cost ◦ Drive Traffic – Potential Revenue Impact - $146,160 • 6 Marketing strategies to drive traffic  Where Do You Focus Your Attention?  You Need To Do Both  Top Line / Bottom Line Solutions
  • 5.
    Shotgun approach vs. target marketing • Technology has changed driving traffic
  • 6.
    Local Search Visibility. − # 1 Search Term on Google is Local Restaurants − 9 Primary Search Engines • Google, Yahoo, Bing , etc −150 Additional Local Search Engines • GPS Systems, 411, Mobile Apps, etc  Projected Revenue - $8,640
  • 8.
    Communicate Monthly with Email Marketing −Stay top of mind with your customers −Why do people open email’s? • They know who it is from. Build an opt-in list. • What’s in it for me?  Why does email work −Size of the database counts. Build the list! −Email offers have a 6% redemption rate  Projected Revenue - $21,600
  • 9.
    Takeout Menus Programs −Get your menu in the home −Let customers see what you to offer −Direct mail programs • Build your business in slow months • Drive Dine In Sales • Drive Take Out Sales  Projected Revenue - $25,800 Tie Your Takeout Menu In with Mobile Marketing For Added Impact
  • 10.
    Social Media −Facebook / Twitter / You Tube −Postings enhance local search visibility −Viral Effect – New Age Word of Mouth −Build your “Likes” −Frequency of postings −People / Pictures / Promotion  Projected Revenue - $25,920
  • 11.
    Juan’s Tracking 35% ahead of last year Guadalajara Owners are subsidizing monthly
  • 12.
    Loyalty Programs −Not a discount….. Offer your customers a premium • Not a topline revenue reduction • Advertising expense −Increase frequency of visits −Increase check averages −Allows for community involvement • Fundraising programs −Targets opportunities • Double Rewards on Wednesdays • Double Rewards for Desserts  Project Revenue - $54,000
  • 15.
    The Guest Experience −Server Training −Voice of the Customer −Lifetime Value of the Customer What Is A Customer Worth  Direct purchases over 5 years - $4,200  Refer 5 friends every 5 years - $105,000
  • 16.
    Menu Updates • Counterbalance the impact of rising food cost. • Update / Review every 6 months • Menu Engineering • Sell what sells and help with inventory management • Menu Design • Design techniques can improve the profitability of your menu by as much as 15%
  • 18.
     Coupon Vehicles −Val Pack, Clipper, etc.  Group Buying −Restaurant.com. Groupon, Living Social
  • 19.
    What is your revenue CORE Revenue Analysis potential? Menu Impacts $ 41,860.00 Menu Engineering Impact $ 7,020.00 • Get your customized report Inflation Impact $ 32,760.00 today. 5 to 9 Impacts $ 2,080.00 • Prioritize your action steps. Takeout Menu Marketing $ 22,800.00 Internal Marketing $ 7,800.00 • Build your 2012 marketing Direct Mail Marketing $ 15,000.00 plan. Loaylty Program with Fundraising $ 58,500.00 Email Marketing $ 21,600.00 Social Media Marketing $ 23,400.00 Local Search Visibility $ 7,800.00 Total Revenue Impacts $ 175,960.00
  • 20.
    Purchase Services as needed through our network ◦ Menus, Rewards, Email, LSV, Social Media Playbook  CORE Coaching Program ◦ 4 week Coaching Program  Week 1 – Goal Setting  Week 2 – Menu Analysis, Is it designed for profitability.  Week 3 – Review of current marketing strategies and a look at alternatives.  Week 4 – Four Walls marketing strategies
  • 21.
    Implementation Programs Basic Starter Managed Services • LSV • LSV • LSV • CORE Coaching • SM • SM Admin Playbook • Menu P&P • Menu P&P • Rewards with • CORE Fundraising Coaching • Email • 3 Month Marketing Startup and • CORE Turnover Coaching
  • 22.