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How The Program Works:
We see offers for
"Buy 1 Get 1 Free", 50% off Second Meal, "Six Punches and
the Next is Free", "10% off your To Go order" , "Earn
Airline Mile when you Dine", "Free bottle of Wine with
dinner for two on Tuesday" and my favorite "Card entitles
bearing for Free Dessert." These offers use a coupons,
punch cards, days of the week, gift certificates, or other
gimmick to entice diners into either trying the restaurant
for the first time or to encourage repeat business.
Q: What do all of these promotions have
in common?
A: That many times It is very
inappropriate for a person entertaining on business or on a
date to take advantage of these incentives while frequenting
your restaurant. I many instances they may choose to
dine elsewhere because they cannot take advantage of your
offer.
What we have
come up with is a discrete way to offer your restaurants
loyalty reward in the form of cash back to the diner.
The bill is paid in full and charged to the card, but the
proceeds are split between the restaurant and Restaurant
Rewards (and the waiter gets a full tip) .
Nothing needs to be conducted differently to receive the
reward. Of the proceeds, a percentage is earned by
Restaurant Rewards, a percentage is reinvested into buying
gift certificated to send diners back to the restaurant, and
the remainder is sent to the cardholder or the cardholders
company.
If a company
wants to cut their entertainment expenses by 10 percent then
they could tell employees to entertain at participating
restaurants who offer 10 percent or greater cash back.
It's that simple and that discrete to restaurants and users.
Restaurants are not forced to offer discounts to participate
that will drive them out of business. Depending on
your rewards strategy your Loyalty Reward can be as little
as 5%.
If you are
interested in participating please fill-out the following
form. You are only committing to an interest, we are limited
the number of restaurant by cuisine, type and making note of
national chains. We will send you a formal application
once we determine the right mix of participating restaurants
in each market we serve.
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