BAG LUCK VALUE PROPOSITION
Restaurant Daily News, May 2023, Chicago
AI Research Informs How Bag Racks Grow Revenues
Click here to access the "AI Research Informs How Bag Racks Grow Revenues" as seen in Restaurant Daily News, May 2023, Chicago, National Restaurant Association's National Restaurant Show
Bag racks improve customer experience and grow your restaurant business
Artificial intelligence and machine learning study informs on new ways to grow your restaurant business with bag racks.
BAG RACKS IMPROVES CUSTOMER EXPERIENCE (CE) which...
INCREASES REPEAT VISITS, INCREASES CUSTOMER REVENUE by 67%, and TRIPLES RESTAURANT REVENUE.
INCREASES REPEAT: Bag racks double customer experience resulting in 1x repeat within 4 weeks.
INCREASES REPEAT CUSTOMER REVENUE: Bag racks improves restaurants customer experience of repeat customers which increases repeat customer revenue by 67%.
INCREASES RESTAURANT REPEAT REVENUE: The increased repeat customer revenue increases restaurant revenues by 119% (double+19%).
RESTAURANT REVENUE TRIPLES WITH BAG RACKS: A national average sized restaurant can experience an incremental annual revenue of $7M or 3X revenue.
References: National avg sized restaurant: 40/10 seat/bar seats, open 5 days/week, $29-$48/customer, 230 guests, $1,350/day, $118,960/month for <1yr. See data on file references.
BAG LUCK Customer Experience Research measures satisfaction (comfort, empowerment, protection, luck, success, safety, hygenic, security, caretaker), loyalty/retention/churn (repeat), advocacy/influencer (success), quality/service (service) and employee engagement (staff thankfulness).
BAG RACKS IMPROVE RESTAURANT CAPACITY which...
INCREASES REVENUE BY 31% from optimizing restaurant capacity
IMPROVES CAPACITY: BAG LUCK bag racks takes the place of customers using chairs, table, bar or back-of seat for bags, coats and personal items which increase restaurant capacity by 31%.
IMPROVES OPERATIONS, EFFICIENCY and EMPLOYEE ENGAGEMENT: BAG LUCK bag racks improve capacity of restaurant and improves restaurant operations, efficiency and employee engagement.
INCREASES REVENUES 3%: A national average sized restaurant can experience incremental annual revenue of $1M or +31%.
References: National avg sized restaurant: 40/10 seat/bar seats, open 5 days/week, $29-$48/customer, 230 guests, $1,350/day, $118,960/month for <1yr. See data on file references.
Customer Experience Research measures satisfaction (comfort, empowerment, protection, luck, success, safety, hygenic, security, caretaker), loyalty/retention/churn (repeat), advocacy/influencer (success), quality/service (service) and employee engagement (staff thankfulness).
CUSTOMER RESEARCH
Sign-up for new BAG RACK CUSTOMER RESEARCH or ENGAGE OUR RESARCH PARTNER TO PERFORM A CUSTOMIZED STUDY
Customer Experience Research measures satisfaction (comfort, empowerment, protection, luck, success, safety, hygenic, security, caretaker), loyalty/retention/churn (repeat), advocacy/influencer (success), quality/service (service) and employee engagement (staff thankfulness).
Research in progress:
HYGIENIC SOLUTION BENEFITS WITH BAG RACKS
CUSTOMER LENGTH OF STAY INCREASES WITH BAG RACKS
RESTAURANT REVENUE INCREASE BY USE OF STORAGE AREAS WITH BAG RACKS
IMPROVES CUSTOMER SAFETY WITH BAG RACKS
IMPROVE CUSTOMER SECURITY DUE TO CRIME and PICK-POCKETING WITH BAG RACKS
MPROVE PARENT EXPERIENCES BY ENABLING EXTRA HANDS FOR USE WITH BAG RACKS
References: See data on file references.