Restaurant Subscriptions
- Category
- SaaS
- Period
- Jun — Jul 2020
- Skills
- React
- Firebase
Restaurant businesses have a big problem: revenue streams are unpredictable. In the middle of the COVID pandemic, this problem got even bigger. On top of that, restaurants pay a 20-30% ransom to food delivery apps.
SaaS companies don't have this issue since their clients pay them every month. So what if restaurants turn this cost into discounts to the consumer in exchange for a monthly commitment? The idea, then, was to create a platform so restaurants can sell recurring coupons to their best customers.
Turns out unpredictable revenue is not a big issue for them – it's part of business:
- "If a client is already loyal, why should they offer discounts"
- "If a client is not loyal, they probably won't subscribe"
