Is Your Menu Working For You or Against You?
Menu marketing is an
important aspect for the success of any foodservice establishment. Menus are
statements of the food and beverage items that are provided by a restaurant
based on consumer wants, needs and demands. Menus can be interpreted as a list
of products that a restaurant offers, and it can be a piece of literature or
display used to communicate the products to the customer. From a marketing view
point, menus are more than the conventional function of a communications and
selling tool but also a tool that must be formatted to increase restaurant
profits."
Tips to a More Profitable Menu
The menu is a significant aspect of the restaurant's marketing strategy. A
well-designed and regularly updated menu can lead to a higher PPA.
Item Placement. People most often buy the first or last menu item in each menu
category. Place your menu items with the highest gross profit in these spots on
the menu.
Boxing. Impact 10 to 15 percent of the space on your menu by boxing menu
items. As a general rule box one out of every 7 to 10 items. Bold lettering is
also a successful type of boxing.
Page Positioning. On three-panel (page) menus, people most often look at the
center panel first, and then move counter clockwise. On two-panel (page) menus
people most often look at the top right-hand side first. Consider putting your
high profit items such as specials or specialty drinks in these spots.
Hospitality Symbols and Icons. Stars, hearts, and food symbol icons can make
your menu unique and draw attention to menu items that you would prefer to sell.
Graphics can set items apart and increase sales on those items as much as 15
percent.
KISS. Keep food descriptions short and simple because less than one forth of
your menu is read. Use wherever possible 'word pictures' rather than lengthy
descriptions. And do not fear blank areas - it allows rest for the eyes.
Showcasing. Highlight types of foods by including menu headings such as "Fresh
Salads" or "Our Specialties" rather than using non-descriptive terms such as
Salads.
Menu Inserts. Brand your restaurant by offering a specials menu insert that
creates a sense of "You can only get this here". Menu inserts also give your
servers something to talk about and keep your menu fresh. Additionally, you can
use them to promote high profit specials, food you want to move due to over
ordering or new items that could eventually move onto the regular menu.
Graphics and color usage. Advertise specials through the use of graphics:
--Using photos can sometimes present problems when food is not an exact
duplicate of the photo. A well-design graphic avoids this problem.
--Use of graphics can set items apart and increase sales as much as 15%.
Advertise specialty food areas using graphics in your menu system. If the same
line is not serving the same items at every meal, use menu systems that
incorporate easily changeable graphics to identify the serving line.
Use of colored menu boards and colored menu inserts can attract attention.
Decrease decision time Show items, price, nutritional information in
easy-to-read formats
Jumbo Meals and Combo Meals can increase profits and reduce decision time.
Nutritional Information. Inform customers of nutritional value of each item
using one of the following:
--Heart Healthy Symbol
--Grams of fat identified
--Use a color-coded key to identify nutritional value
--Portion size, calories, fat content, sodium content,
cholesterol content listed
Size and placement of menu boards. Take into account the size of the typeface
used on the menu item and the distance the customer is from the menu reading the
sign. (I.e. Can the menu be read from 6', 15', 25'?)
--Height of signs should consider the age/size of the audience.
--High traffic areas should use signs that are securely attached to walls, yet
easy to change.
USE UNIQUE SIGNS FOR ADVERTISING:
Use free-standing wooden-framed menu boards to advertise restaurant hours,
specials of the day, birthdays of customers/employees, happy hour etc.
Use two-sided display boards at entrance/exit to advertise the menu upon
entering and exiting your restaurant.
By John Nessel
Restaurant Resource Group
As a restaurant operator you already know the importance of keeping your food
costs in line. Pretty obvious stuff huh? That’s because combined with your wages
and other payroll expenses, food and beverage costs account for anywhere from
60-70+ percent of your total revenue. Moreover, your food and labor are
relatively controllable costs compared to rent, utilities, insurance and most of
the remaining expenses that make up your monthly payables list.
Menu Engineering
We’re going to save the labor conversation for another day. Today we’ll take a
unique look at controlling your food costs. More specifically I’m going to
introduce to you a powerful tool to help you achieve this. This tool, along with
techniques for utilizing it, has been called menu engineering. In simpler terms
I would describe the process as the methodical selecting, costing, pricing and
evaluating of your menu items.
Menu engineering provides the manager with information about a menu item’s
profitability, as well as popularity, so that proactive planning, recipe design
and customer pricing decisions can be made. Menu engineering is not a substitute
for proper purchasing, food rotation, standard recipes or any of the other basic
kitchen controls that can negatively impact your costs. Rather it is a method of
evaluating every item on your menu relative to its present contribution to
bottom line dollars, thereby allowing managers to recognize the items they want
to sell!
Contribution Margins
While the concept of food cost percentage (an item’s ingredient cost divided by
it’s menu price) is the most commonly used criteria for assessing effective cost
controls, the concept of contribution margin (an item’s menu price less it’s
food cost) is the basis of menu engineering. A simple question should make the
distinction clear. If you could sell one more item before your restaurant closed
today, would it be a sirloin steak for $20 that costs you $8 or a plate of pasta
primavera for $10 that costs you $2. While the food cost percentage of the pasta
is 20% versus 40% for the steak, the steak will contribute $12 to gross revenue
as opposed to $8 for the pasta. I’ll take the $12… thank you very much.
Contribution margin then is based on the dollars you take to the bank.
Accounting for the Popularity of Menu Items
While a menu item's contribution margin tells us how many dollars each
individual sale of the item contributes to the cash register, you need to know
how popular the item is to determine the total dollars it contributes to the
restaurant’s revenue. A popular item with a high contribution margin is a “star”
while an unpopular item with a low contribution margin would fairly be called a
“dog”. Menu engineering therefore takes each menu items contribution margin and
its popularity into account to determine into which of four categories it falls:
star, workhorse, challenge or dog. We’ll get back to these categories shortly.
The Evaluation
I have included a completed Menu Engineering spreadsheet to demonstrate how the
process is performed based on the required information listed below (click on
the image to enlarge it). This fully automated spreadsheet is available for sale
along with other useful restaurant operations spreadsheets at
www.rrgconsulting.com/spreadsheets.htm
The information that you need to perform a menu engineering exercise is as
follows:
Column A. A list of your competing menu items (a separate evaluation should be
performed for each menu category e.g. appetizers, entrees, and desserts)
Column B. A periodic (weekly or monthly) total of the number of each item sold
(use your POS report)
Column D. The ingredient cost of each menu item (not just the “center of the
plate” cost but the entire cost of the item)
Column E. A list of the menu selling price for each item being evaluated
You can perform the evaluation yourself by manually calculating the numbers in
the following: Columns C, F, G, H, L, N, I, J, M, K, O, and Q. (Note that the
spreadsheet above automatically calculates these numbers)
The inputs in Columns P, R and S are calculated as follows:
Column P: Profit Category is LOW if the menu item profit is less than the menu’s
Average item profit ($4.16 in this example). Conversely, enter HIGH in the cell
if the menu items profit is greater than average for the menu.
Column R: Popularity Category is LOW if the menu item's menu-mix percentage
(e.g. the total number of the item sold divided by the total number of items) is
less than 80% of the average. Conversely this means that we are considering an
item to be popular, and placing the word HIGH in the column, if it sells at
least 80% of an average item’s popularity. In the example below, the average
menu popularity equals 8.3% (100% divided by 12 items = 8.3%). Therefore we
consider an item popular (HIGH) if it sells 80% of 8.3% or 6.7%.
Column S: The Menu Item Class is determined by the results of Columns P and R.
If an item is both profitable and popular then it’s a STAR. It it’s profitable
but relatively unpopular then enter the word CHALLENGE. If the item is
relatively unprofitable but popular then enter the word WORKHORSE. Finally, a
DOG is an unprofitable and unpopular menu item.
How to Take Action Based on the Results
Let’s start with the obvious. Keep the STARS and dump the DOGS.
Your creativity is now required dealing effectively with your CHALLENGES and
WORKHORSES. Lets start with the CHALLENGES. These items are profitable but
relatively unpopular. Your “challenge” is to make them more popular. There are
many ways to accomplish this including changing the preparation (Veal Marsala
may be more popular than Veal Putanesca, but still just as profitable).
Re-naming or re-plating the item to make it sound and/or appear more appealing
is another alternative. Alternatively you might want to create a whole new menu
item using the same “center of the plate” ingredient, but doing it in a way that
will be more appealing to your customers.
As for the WORKHORSES, they are popular items with less than ideal profit
margins. Here is where your best opportunities lie. Your job is to re-engineer
the menu item to reduce its cost while not sacrificing what makes it popular.
This can involve substituting a single relatively expensive ingredient for a one
that is less costly (e.g Assiago cheese in a Caesar salad for Reggiano
Parmesan). It may involve substituting one cut of meat for a less expensive one
knowing that the preparation is what makes the item popular. It might be as
simple as using a less expensive garnish. How about increasing the items selling
price? Your chef’s imagination and talent takes over here. If I knew how to
perform this magic I would be wearing an apron and a tocque instead of sitting
in this chair banging on my keyboard!
Hopefully it is now easy to see how this information allows you to proactively
manage your menu. From collaborations with your chef to tinkering with your
prices you can use menu engineering to effectively manage a key aspect of your
food costs!
John Nessel is the President of Restaurant Resource Group a Boston based
consulting firm that provides simple yet powerful financial tools and support
services to restaurant owners and managers. He is also the author of The
Restaurant Operators Complete Guide to QuickBooks. John can be contacted at
john@rrgconsulting.com