What is a new customer worth?
Research suggests that a customer may patronize your restaurant for five to seven years, as long as you are keeping them satisfied and meeting their needs. If a customer spends as little as $40 per month at your restaurant, that will result in $2,500 to $3,500 over that time span. If he brings friends with him or tells other friends about your restaurant, that amount can grow significantly higher!
So clearly, a new customer can be worth many thousands of dollars to your business.
It is true that you need to provide that new customer with good food, good service, and good value in order to retain him as a customer. But you know how to do that - its your business to do that.
So the question is, "How do you get that new customer in the most cost-effective way?
The restaurant business is often a business of small margins so advertising dollars are limited. Smart restaurant owners seek advertising opportunities that maximize their return on investment. How is this done? It is done most efficiently by reaching the people that are actively looking for your services. Every day, thousands of people are looking for a good restaurant to try out. Where do you think many of them look? You're right! Many of them come to luv2eat.com where it is fast and easy to find a good restaurant.
Even if you only got one new customer in a month due to your premium listing in luv2eat.com, your cost for acquiring that customer is only $0 to $10. So your return on investment is huge!
If your restaurant isn't featured in the Luv2eat Restaurant Guide, all of those people searching in luv2eat.com for a restaurant will end up patronizing one of your competitors.
Get listed in luv2eat.com today so that you too can benefit from all of those high potential customers looking for a great restaurant.