4. PRODUCT
What are you know for?
Seafood
Barbeque
Italian
Mexican
What do your customers order?
Menu Engineering Analysis
Food Cost Savings
If an item is less than 2% of
sales in a menu category,
it should probably be
discontinued
5. PRICE
Elements of Pricing
Food Cost – 30%
Theoretical
Actual
Commodity Market Conditions - Futures
Competitive environment
Tactical Pricing
End in a 9 instead of a 5
Psychological Pricing
.29 / .49 / .79 / .99
6. PLACEMENT
Designed for Profits
Use of images
Change your item mix
Promote specific items
Promote Higher Profits
Sell additional items
8. DELIVERING RESULTS
Where does menu marketing
produce results
Reduced food cost through inventory
management and waste reduction.
Higher check averages
Improved product mix towards more
profitable items.
Increased category sales on items
like desserts and appetizers
Increase takeout business with
Takeout menu marketing
Takeout design can lead to increased
catering sales.
9. MENU ROI
Client had not revised his menu in
over a year.
Tracking at 15% sales increase
Price increases / Product Mix Change
Annual sales impact - $130,000
Incremental Food Cost - $40,000
Incremental GP - $90,000
Menu Cost - $1500
ROI – 60 to 1
10. MENU MAKEOVER
7 Questions To Consider
1. When was the last time your menu
was updated?
2. Do your prices end in a 9 or a 5?
3. Are prices out towards the far right
after the description?
4. Do you utilize images to help sell
profitable items?
5. Do you have a takeout menu that can
be used as a direct mail campaign?
6. Does your takeout menu promote
catering?
7. Do you use Table Tents to increase
dessert & drink sales?
11. CUSTOMIZED ANALYSIS
For a customized analysis of the potential
ROI from a Menu Makeover please contact
Joe Welsh
CORE Restaurant Marketing
888-890-9492
jwelsh@corerestaurantmarketing.com