FoxMetrics
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FoxMetrics is a modern cloud-based web analytics platform for everyone. It empowers businesses to collect, enrich, transform, and explore their web, mobile, and offline customer journey data.
FoxMetrics
1y ago
If you’re in the restaurant industry, you’ll tell any acquaintance that nothing surprises you. But as tools to grow our establishments become more advanced, they reveal more surprising insights about venues than ever.
Discover more intriguing insights from the past year below, or start seeing your revelations by analyzing your restaurant data.
5 Intriguing Insights from Analyzing Restaurant Data in 2022
Numbers can tell you everything, especially in the restaurant business. However, these intriguing revelations were discovered from analyzing restaurant data in 2022.
1. Building guest profiles ..read more
FoxMetrics
1y ago
With so many restaurants falling into a forced closure, it’s understandable why owners would think the future is bleak. However, like every business, there are ways to survive even when all options seem exhausted.
Platforms like Fox Metrics offer comprehensive restaurant data and analytics, bringing a future for any venue. Let’s get an overview below.
What Are The Restaurant Data and Analytics Predictions?
You would need a crystal ball to understand the future of restaurants. But with restaurant data and analytics predictions, you can see what’s in store for your restaurant and the industry ..read more
FoxMetrics
1y ago
As you plot out a business plan before opening a new restaurant, or even if you’re just searching for ways to increase the profitability of your existing restaurant, you’ll probably come across one thing quite a bit: Restaurant analytics. That is why we offer you restaurant analytics explained!
That’s for a good reason. Restaurant analytics can mean the difference between going bankrupt and closing your doors or growing into a profitable multi-location business over time.
The problem is that restaurant analytics isn’t the easiest thing to understand.
So, here’s a quick guide ..read more
FoxMetrics
1y ago
The restaurant industry has the potential to be extremely fruitful, but you have to overcome a plethora of obstacles associated with the small profit margin, customer relations, and supply management.
Luckily, there’s a way to optimize all those things to increase your restaurant industry revenue and keep your business running successfully in the long term. It’s called restaurant industry analytics, and it’s a necessary tool for any restaurant operator.
Today, we’re going to cover three ways that restaurant industry analytics can increase your revenue reliably.
Supply Management:
Few restaur ..read more
FoxMetrics
1y ago
Just like any other business, growth is a major goal for every restaurant operator. However, it’s easy to fall into a cycle of habits that prevent that growth from occurring or even cause your restaurant to slowly shut down.
To avoid all of that, many restaurants have started adopting restaurant predictive analytics to stay ahead and experience constant growth.
You can leverage that in your favor, too. Here’s how.
What is Predictive Restaurant Analytics?
Predictive restaurant analytics refers to the use of existing data, both in-house and industry-wide, to predict how your business is going t ..read more
FoxMetrics
1y ago
Operating a restaurant is one of the riskiest business ventures you can take on. The profit margin is extremely small, and any seemingly inconsequential decisions can create a domino effect that works its way throughout the entire business. However, it’s also one of the most fruitful businesses and is a key pillar of any community.
So, it’s important to leverage every tool at your disposal to ensure your restaurant succeeds in the long term.
One of the essential tools for this is data mining restaurant industry, and if you’re not leveraging it to your advantage, you need to start.
What is Re ..read more
FoxMetrics
1y ago
Running a restaurant is one of the most fulfilling business ventures you can take on. You’re surrounded by hardworking people, great food, and usually, satisfied customers. However, it’s also one of the hardest business ventures to handle, because achieving all of those great things comes with several major obstacles.
To make it worse, many restaurant operators ignore one thing that can truly make a difference and encourage their success: data.
Data, or more importantly, analyzing restaurant data effectively, can be the difference between running a century-old restaurant that is a pillar of t ..read more
FoxMetrics
3y ago
Tracking your online engagements is a crucial ingredient for success in today’s world. While a robust online presence can bring you exposure and growth, your efforts will yield minimal results without a proper strategy.
The question then is how you can develop an effective strategy? That’s where web analytics comes in.
Web analytics removes the guesswork from your online engagements. It enables you to identify valuable insights from your pile of website data. These insights will allow you to create strategies that reflect your customer’s behavior and industry position.
But how do you go about ..read more
FoxMetrics
3y ago
Trying to navigate a website without a well-defined structure is like making your way through a complex maze. It’s highly frustrating and not the ideal experience that users are hoping for. If your website navigation is unclear, visitors may decide to click the “Back” button to leave.
This article discusses website navigation best practices and trends to make your site function better.
But first, let’s look at why web navigation is essential.
Table of Contents
What is Website Navigation, and Why does it Matter So Much?
1. Your Site Navigation Must Be 100% Responsive On Mobile Devices
2. Vi ..read more
FoxMetrics
3y ago
Until recently, data has mostly been kept by IT departments and analysts who interpret the data for organizational use. Business units like the executives, marketing, production, advertising, and others have to go through the IT department to access these data.
But this is gradually changing thanks to the advancement in BI and customer analytics tools. Now, data is no longer restricted to just a few people. Anyone in the organization can access and interpret business data to expedite decision-making, influence customer service, or uncover opportunities.
This is what democratizing d ..read more