Photo by Wineemotion USA
Every business wants to earn more revenue and minimize costs.
Most are also capitalizing on the wealth of data being captured and harnessed and the efficiencies being generated by new technological innovations.
Wine, food service and restaurant businesses are no different.
Photo by Wineemotion USA
A survey by Deloitte in 2018 indicates that businesses who innovate see better financial performance. Respondents in the wine industry reported that digital tools improve how business decisions are made, while also improving customer experiences.
The food service and restaurant industry, of course, has been hit especially hard during the pandemic. Data-driven decisions will help maintain objectivity and chart the path forward. To not only survive, but thrive, restaurant owners must remain agile and commit to exploring new and innovative business models and service concepts in the weeks and months ahead.
One of those new and innovative models involves moving away from traditional “storing and pouring” methods toward automated wine dispensing and preservation systems.
You might be thinking, “aren’t they expensive?”
The best investors in the world will tell you that you’ve got to spend money to make money and this has never been more accurate than in this crazy year we call 2020.
Photo by Wineemotion USA
Data-driven decision making uses cold hard statistics that don’t lie to attribute outcomes – successful or not - to specific efforts and investments.
One of those data-driven decisions is return on investment, or ROI.
When making a decision like whether or not to invest in a wine dispensing and preservation system, it’s important to not only focus on the investment amount, but also:
So, let’s do that.
Photo by Wineemotion USA
Photo by Wineemotion USA
Photo by Wineemotion USA
The cost of a Wineemotion automated wine dispensing and preservation system might seem high at first glance. But, if you think in terms of return on investment and the potential profitability it can provide for your business, this innovative technology will pay for itself and continue paying dividends well into the future.