Projected $38,000 Annual Revenue Boost - From One Analysis...
Project Overview
Client: Sip Espresso
Location: Narellan, NSW, Australia
Industry: Cafe
Project Type: Suggested Menu Re-design with data-back Recommendations from POS data
Our Strategy
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Utilised AI and Machine Learning algorithms to identify trends, areas for optimisation, and suggest direct, easy to implement changes
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Applied advanced pricing psychology strategies
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Suggested Combos based on frequently paired items to increase average spend
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Highlighted Popular and highly profitable items for increased appeal
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Designed around order flow and speed
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The Results*
After implementing the recommended changes:
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Average spend per customer increases by 12%
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Lunch sales rose 17% on weekdays
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Improved order speed and customer decision-making
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Positive feedback from regulars and staff, decreasing churn rate by 20%
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Combined Estimated revenue increase of 16% / month - an increase of $38,000 in revenue each year (^based on the lower end of average monthly revenue in this industry.)
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^Source: ato.gov.au
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* All results are Projected using data from early stages of implementation and past successes
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