Consumers choose to use 3rd party systems mainly because they can look up items, pay for meals, and check prices. Apps have brought fresh air into the world of business, which you can use to your advantage. What about payment processing? Where can you find a true payment expert that can help you with an online dating merchant account, and other merchant processing services? NO worries! Find answers below!
Digital Orders: Restaurants’ Own Apps
70% of digital orders are made via restaurant-branded apps or websites in the US, as the NPD Group (a market research firm) reports. By the way, 6 out of 10 times, diners prefer to complete their digital ordering via a restaurant’s own mobile app.
From 2013 to 2017, restaurants witnessed growth in digital orders at an average annual rate of 23%. This number is anticipated to triple by the end of 2020.
If you’re an independent restaurant owner, you might rely more on 3rd party apps when it comes to digital orders. However, it’s fine for quick-service (QSR) restaurant chains to connect with consumers through their own branded mobile apps.
David Portalatin, a food-industry advisor, notes that digital orders will continue to serve as an outsized source of growth for restaurants in the years to come. So, operators trying to grow should apply a digital strategy.
Mobile Ordering: Online Dating Merchant Account
The growth of delivery options via digital channels in the quick-service sector, which is just fast food by another name, has been a hot topic in recent years. Did you know that the US 3rd party delivery market already accounts for $13 billion?
Mobile and online ordering for take-out or delivery is becoming the top area of same-store growth across multiple brands with rapid advances. E.g., Chipotle Mexican Grill, Inc., an American fast casual restaurants chain, reports that 11% of its sales stem from online orders, and at Starbucks’, that number is 12%.
What are your plans concerning your business? It’s high time you turned to a reputable payment processor to get the best merchant services to grow your business via online presence. With a reliable and experienced credit card processor, you can get easily approved both for the most secure and the cheapest merchant accounts, including an online dating merchant account.
McDonald’s CEO Steve Easterbrook says that the last 2 years have made the delivery a $3 billion business for both the company and franchise restaurants globally. They’re sure this delivery can help them grow even more. This is a perfect opportunity for them to reach out to even more customers by bringing meals to their place, offices, and colleges.
According to Ray Reddy, Ritual (a social ordering app) founder and CEO, the growth in technology focused on off-premises diners goes on transforming the industry.
Delivery is turning into an industry requirement. Thus, restaurants can’t do without other ways to win takeout. That’s where digital orders come into play. They bring in more money. After all, diners who prefer apps and online ordering have more time to spend on the menu. So, just follow the latest trends and enjoy the benefits brought about by modern digital technology!
Author Bio: Electronic payments expert Blair Thomas is the co-founder of high risk payment processing company eMerchantBroker that offers the most secure and cheapest online dating merchant account in the industry. He’s just as passionate about his business as he is with traveling and spending time with his dog Cooper.