Backyard Banter ep.010 DynamEat
A Revenue Management Revolution for Restaurateurs
Timing is everything.
DynamEat started its restaurant revenue management tech business at the beginning of the pandemic, which sounds like the worst possible timing though, right?? Wrong.??
The global pandemic has ushered in a QR coded renaissance in the restaurant industry worldwide.
Digital menus means dynamic pricing and the introduction of AI + ML for menu engineering is now a reality.
Dynamic pricing is a commonly accepted aspect of our daily travel experience across planes, trains, hotels - and now restaurants.? The opportunities to optimise the restaurant sector of the hospitality industry are huge.
Personalisation in hotel pricing is a new frontier that digital marketing, online distribution, PMS and RMS players are already bringing to market and while the hotel tech industry plays catch up, DynamEat has raised the bar in the revenue management arena even higher.
When you take a look at the entire supply chain of any restaurant business, there are numerous nodes just itching to be optimised with the application of intelligent revenue management tech.
Your gourmand and gastronomic guest also benefit from dynamic and personalised pricing that rewards their lifetime value to the restaurant business rather than being just another cover to be counted.
Now you KNOW you want to book your seat at the DynamEat demo table, so go right ahead and be my guest.
And that was episode 010 of Backyard Banter.