Monthly Archives: May 2015

Building your Restaurant by building your Restaurant Culture

Date: 30-05-2015

Building a strong Culture is one of the hardest things that you can do as a leader of a Restaurant, but it is also one of the most important things that you will do as a Leader in your Restaurant.  Building a great Restaurant Culture can have a significant impact on employee turnover and most importantly, on the bottom line.… More »

Restaurant Review site Eatability to close June 30th

Date: 22-05-2015

It has just been announced that Eatability will shut down on the 30th of June.   The site has seen a decrease in  traffic over the last 3 years.  Optus, owners of the website have stated that they intend to focus in other areas. The review website business has a unclear business model, requiring user generated content on the one hand and… More »

Dimmi Tripadvisor deal – Dimmi bought for undisclosed amount

Date: 20-05-2015

Rumours of Dimmi being on the market have been going around the industry for a while and yesterday’s announcement that Dimmi had been sold came as no surprise, although it was our guess that the acquirer would be OpenTable, not Tripadvisor as it turns out. Dimmi, which is based in Sydney was founded in 2009 and has 2,500 restaurants using it’s booking… More »

Building a successful Restaurant Wine Program

Date: 18-05-2015

Creating a great Restaurant Wine Program for your Restaurant can make a big difference to your bottom line.  It will increase the revenue and profit of the average customer as well as acting as a magnet to draw in new customers and turn them into repeat customers.  We attended David Glancy’s session on building a Successful Restaurant Wine Program to… More »

Marketing to Millennials with Social media

Date: 17-05-2015

Day 1 of the 2015 NRA Show and we went to the Marketing to Millennials on Social Media session with Joshua Swanson. Joshua has done some awesome research into who Millennials are, what they are interested in and how they interact.  As a demographic group, they are quite different and those differences mean that different marketing strategies.  Lets have a… More »

Just Eat Menulog acquisition – Has Just Eat bitten of more than it can chew?

Date: 10-05-2015

The Just Eat Menulog acquisition for AUD $865 million represents a whopping $150,000 per Restaurant that Menulog currently has as a customer.  Just Eat Chief David Buttress defended the price paid, stating that Menulog was capable of driving dramatic growth over the next 5 years and was currently “growing like a train.” Just Eat’s shares have increased 70% since April 2014, when… More »

Menulog acquisition by Just Eat for USD $687 million

Date: 09-05-2015

Techcrunch has reported that UK Listed company Just Eat plans to acquire Menulog / Eatnow for an eye popping £445, which is US$687 and a AUD $865 million.  The purchase, which will be funded by an equity issue, has been described by Jonathon Buxton from Cavendish Corporate Finance as  having a “hefty price tag.”  The Menulog acquisition comes only a few… More »

Menulog Sale for $500m by Goldman Sachs.

Date: 04-05-2015

What does the Menulog Sale mean for your Restaurant and do the numbers stack up? It has been reported today in the Fin Review that Goldman Sachs is running an international Menulog sale process that is expected to fetch up to $500 milllion.  This is what we thought would happen, with our earlier blog about the Menulog IPO prospectus and… More »

Alexa vs Google Analytics – How accurate is Alexa?

Date: 03-05-2015

Alexa provides comparative analytics so that website owners can compare how their traffic compares to other websites.  We have seen many restaurant owners think that they are dealing really well with their online marketing because they have an Alexa Ranking that is significantly better than their competitors. Alexa differs fundamentally from Google Analytics because Google Analytics provides much more detailed information… More »