Our site uses cookies to improve your experience. For information on our cookie policy please view our Privacy Policy.

5 growth hacks to increase profits at your quick service restaurant

Editorial Team

4 min read
Tables in a quick service restaurant

Looking for some immediate changes you can make to increase profits at your quick service restaurant?

Share:

Growing your restaurant’s sales is only half the equation. In the highly competitive restaurant industry, margins are slim—meaning small businesses may need to get creative to make more money. With a little strategy, quick service and fast casual restaurants can benefit from growth hacks to lower costs and increase sales. Whether you’re a pizza restaurant, coffee shop, ice cream parlor, or burger joint, these growth hacks are for you.

We’ve compiled advice from the best of the best to help your QSR conquer the food service industry.

1. Use a loyalty program to increase sales.

Some studies have shown that a loyalty program can increase sales by up to 20%—a huge number for the restaurant industry. If you’re looking for a way to increase profit, rewards and loyalty programs are a great place to start.

Fresh bread and bakery items

2. Plan your menu and seasonal promos strategically.

Not all your products are going to sell out each week. However, some products almost never move, and these could be costing you money in the long-run. Start to eliminate low-selling items from your menu. Then, plan your menu and seasonal promos around high-value items.

Woman sitting in restaurant booth

3. Encourage foot traffic during lulls.

Every restaurant has a few periods during the day and week when foot-traffic is low. The lull between lunch and dinner, or weeknights compared to weekends can be tough times for some QSRs.

Rather than seeing these hours as dead time, consider offering a discount or promo to encourage new sales. Some sales are better than no sales, and by offering 10% off or a 2-for-1 special, you can usually increase profitability.

4. Make your POS work for you.

Quick service restaurants can boost their profitability by adding a POS system to your toolkit. Use them to prompt employees to upsell to customers, track sales, create more efficient staffing schedules, promote specials, surface insights on your best selling items, and house your loyalty program.

Save time with integrated POS apps. These tools automate some of the routine parts of your business to help you run a tight ship.

  • Commerce Sync eliminates manual data entry. It automatically syncs daily sales on your Clover POS with accounting software like Xero and Quickbooks. This saves customers an average 300 hours per year.
  • SimpleOrder is a real-time inventory management system that helps you quickly identify low performing items that might be replaced with new offerings and keep your shelves stocked.
  • Homebase is an employee scheduling tool that reduces the time it takes to schedule hourly employees and update their payroll. It saves customers an average of 65 working days a year.

Looking for more smart tools to help you run your restaurant efficiently? Check out these popular Clover app integrations for restaurants.

Black and white image of ice cream shop

5. Reduce shrinkage in your restaurant.

An ice cream scoop here, an extra shift meal there may not seem like a lot, but it all adds up. Shrinkage is the term for when things seem to wander off: stealing, by shoppers, customers, or your own staff. Shrinkage was responsible for over $50 billion in losses in 2018.

Whether you’re in the business of slicing pizza, scooping ice cream, serving fresh ingredients, or all of the above, boosting profitability can come from some small or significant changes. See more tips on Clover’s Facebook and Twitter feeds—including features on merchants who have cracked the code toward greater profit growth.

Interested in learning more about Clover POS solutions? Schedule a free consultation with a Clover rep today.

Recent Stories

Popular Topics

Choose your country