Pricing Science for Restaurants.
Every cent counts.
Consumers are fed up with high prices. JUICER is on a mission to bring fair pricing back to consumers and to show restaurants how that can lead to greater success. We provide restaurants with menu pricing science and advanced competitive intelligence to help restaurants price accurately and fairly, to use data to drive deals and offers, and to strengthen market position.
Menu pricing solutions that embrace lifetime customer value and maximize your profit margins at the same time.
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Data-driven pricing on DoorDash, Uber Eats & Grubhub is better for everyone.
Restaurants have been ignoring prices on 3rd party channels, using a flat mark-up on menus to offset the cost of commission.
This is no longer the right approach. Consumers are tired of paying unnecessarily high prices, and the 3POs are pushing back on exaggerated inflation. Both of these trends are negatively impacting sales volume. There's a better way. JUICER will use data to price per menu item, per location, per channel on third party ordering (3PO) partners like Uber Eats, DoorDash, GrubHub and others. Restaurants can actually make MORE money, give better value to consumers, and strengthen relationships with the 3POs. Let us show you how to get the most from these dynamic marketplaces.
We're hospitality-first.
Our experienced team of hospitality professionals help you solve your operation's most complicated pricing challenges.
We believe in empowering the restaurant industry with a blend of advanced AI technologies and personalized care. We infuse AI technology advancements with our deep understanding of the hospitality industry's unique challenges and opportunities. After all, every menu pricing decision should account for consumer price sensitivity and enhance your operation's profitability at the same time.
Here's how we do it:
Real Hospitality Expertise:
JUICER isn't just a technology provider; we're your partner in the complex world of restaurant revenue management. We've been in the trenches and our solution is crafted for those who value the blend of data-driven technology and the nuanced understanding that only an experienced team passionate about hospitality can provide.
3rd Party Delivery Pricing:
Restaurants have resorted to exorbitant flat mark-ups. Both consumers and 3POs are pushing back. JUICER's advanced technology optimizes price per menu item, per channel, per location, per hour achieving higher revenue with fair pricing.
Advanced Data Analysis:
JUICER harnesses vast amounts of sales and external data, like weather and events, to model how these factors influence various aspects of the business including customer ordering behavior.
Ongoing Monitoring and Adaptation:
JUICER is designed for the dynamic nature of the restaurant business, offering continuous monitoring and easy adjustment of pricing strategies as market conditions evolve.
Frequent Menu Updates:
Cost and market conditions are shifting fast and six-month menu reviews are no longer enough. JUICER analyzes and updates pricing on digital channels like digital menu boards, kiosks, drive-thrus, and 1st party channels weekly, bi-weekly or monthly.
Customer Feedback Integration:
JUICER systematically analyzes customer feedback and sentiment, providing insights into price sensitivity and overall satisfaction, which is critical for fine-tuning pricing strategies.
Predictive Algorithms:
JUICER built pricing algorithms with historical data, current market trends, and predictive indicators for the most accurate sales volume forecasting at a menu item level, per location, per channel, per hour, for your restaurants.
Real-Time Market Data Utilization:
JUICER integrates real-time market data and your own pricing parameters to ensure that pricing decisions are always based on the most current information, keeping the restaurants agile and competitive.
Hyper-local competitive intelligence
JUICER Compete provides hyper-local competitive intelligence. Our solution empowers restaurant to identify opportunities, adjust strategies and offer greater value at the corporate and restaurant-unit level through promotion unbundling, like-for-like comparisons, and real-time alerts on variable market conditions.
Data-driven intelligent pricing
JUICER Pricing uses multiple data sources to make intelligent menu pricing decisions for restaurants. In today's complex world where the band between rising cost and consumer price sensitivity is narrowing, JUICER identifies the ideal price for every menu item, at each location, in each channel.
Can You Afford Not To Consider a Data-Driven Pricing Strategy for 3rd Party Delivery?
In channels where margins are razor thin, menu price changes have a particularly significant impact on a restaurant chain's profitability. The key is understanding how such changes affect revenue, profit margins, and customer sentiment.
Consumers are tired of paying high prices for restaurants. Typically, restaurants have been using a flat mark-up in 3rd party delivery channels which is unfair to the consumer, hurts sales, and damages the relationship with companies like DoorDash, Uber Eats and Grubhub. Implementing the right data-driven pricing strategy in these channels is more critical than ever to take advantage of the additional volume and exposure that these channels offer. JUICER uses proven technology to forecast menu item sales at a granular level, and calculates the ideal price per menu item, per channel, per location, per hour, to optimize 3PO (3rd-party ordering) and maximize profitability and guest satisfaction.
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Available to all restaurants in the US:
Free Version of JUICER Compete
Easily compare your prices to competitors on certain third-party delivery channels. Gain competitive advantage with pricing insights and alerts. Learn more.
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