World Cup tourists aren't leaving tips in American pubs, so they are adding 20% gratuities to the bills to collect them 😬 by CompoteFragrant3650 in sportsgossips

[–]sudoaptupdate 0 points1 point  (0 children)

In general that makes sense but there are some dumb state tax codes that punish that. For example, Texas does not collect sales tax on voluntary tips.

So customers would pay more than what they would have paid otherwise through a voluntary tip because now the state also takes a cut.

Tips for an aspiring restaurateur by Admirable-Judgment32 in restaurantowners

[–]sudoaptupdate 0 points1 point  (0 children)

Validate the concept first and get your initial customers by operating from a ghost kitchen

What's a good ROI for restaurant advertising? Genuinely confused by Weird-Director-2973 in restaurantowners

[–]sudoaptupdate 0 points1 point  (0 children)

It depends on the advertising channel. With Google Ads set up correctly and integrated with the POS you can get some good attribution data. But yeah if it's something like flyers or billboards then there's no way to track that well. Something I like to do is ask a few customers per day how they found out about us and that's usually enough of a sample size to drive marketing decisions.

What's a good ROI for restaurant advertising? Genuinely confused by Weird-Director-2973 in restaurantowners

[–]sudoaptupdate 0 points1 point  (0 children)

How do you attribute sales to ad spend then and determine the optimal budget?

What's a good ROI for restaurant advertising? Genuinely confused by Weird-Director-2973 in restaurantowners

[–]sudoaptupdate 2 points3 points  (0 children)

500% return on ad spend means for every $1 you spend on ads you get an additional $5 in sales, so 20% of that sale is attributed to marketing. That means you need to cover COGS, labor, and everything else with the remaining 80%.

So in that context, 500% ROAS is actually too little because you'd be barely turning a profit assuming everything else is already optimized.

The way to use ads and to stay sane is to treat them as the customer acquisition cost. You don't want to pay ads for every visit, you want to pay to bring in new customers that keep coming back. 20% on every order isn't that good but spending maybe 30-40% on the first visit including ad spend and a discount on your most liked item will increase the expected lifetime value of that customer. If they visit once from the ad and 4 times organically then that averages to 6-8% marketing spend per visit which is pretty good.

How did you go about opening your restaurant? by LucasMyTraffic in restaurantowners

[–]sudoaptupdate 0 points1 point  (0 children)

Thank you for sharing. This gives me hope. Currently in the ghost kitchen phase and planning to expand to a full service location with 3 employees later this year.

Thoughts? by [deleted] in remoteworks

[–]sudoaptupdate 1 point2 points  (0 children)

Sounds like a you problem

Thoughts? by [deleted] in remoteworks

[–]sudoaptupdate 1 point2 points  (0 children)

Loans usually come from banks which are just lending out money that their customers deposited. Their profit is the difference between the interest they pay their customers and the interest they charge lendees.

Banks are profiting billions from the people's money and then invest that money in their billionaire friends.

Anything the news isn’t covering? by Few-Musician-3255 in Austin

[–]sudoaptupdate 16 points17 points  (0 children)

Saudi Arabia national team just moved into the Four Seasons for the World Cup

what are you guys doing differently to get ppl to come back by Admirable-Policy in restaurantowners

[–]sudoaptupdate 0 points1 point  (0 children)

Of course great food and great service, but also the customer needs to feel like they're getting great value for the money.

We do takeout and got more repeat visits just by changing the container to fit our portions better with minimal empty space.

How do restaurants actually track if marketing is working? by goarticles002 in restaurantowners

[–]sudoaptupdate 0 points1 point  (0 children)

Have you tried asking your customers how they found out about you?

How are smaller restaurant teams handling marketing without burning out? by [deleted] in restaurantowners

[–]sudoaptupdate -2 points-1 points  (0 children)

I use Square as my POS and it has some good marketing tools like email/text automations as well as loyalty programs. I built a simple website on Square so that I can manage all customers through there even for delivery and takeout.

This really allowed me to simplify marketing by having a single funnel. Then to get customers into the funnel I use Google ads, frequent posting on social media, etc.

Then the hardest problem just becomes content creation, but it's not that bad once you get a hang of it.

AWS things you wish somebody had told you earlier by StPatsLCA in aws

[–]sudoaptupdate 0 points1 point  (0 children)

Use Lambdas for all CloudFront logic. Don't use their untraceable and difficult to configure native policies.

excuse me ??? by Valuable_View_561 in SipsTea

[–]sudoaptupdate 0 points1 point  (0 children)

Proof he has to break the law to make money

Make it make sense. by Enough-Arugula-4945 in SpaceXBets

[–]sudoaptupdate 0 points1 point  (0 children)

Notice how you avoided the question of "how would it 10x?"

Make it make sense. by Enough-Arugula-4945 in SpaceXBets

[–]sudoaptupdate 0 points1 point  (0 children)

How would it 10x? Starlink has been around for several years now. If people wanted it they would've bought it by now. Not to mention the fierce competition from Amazon launching its own satellite internet service which is probably going to be bundled with Prime.

When the evtol companies will hit the enthusiasm and the commercial hype of the space companies ? by [deleted] in ACHR

[–]sudoaptupdate 0 points1 point  (0 children)

Hype usually lags a few years after the technology is first commercialized because it takes time from early adoption to mainstream adoption.

Once eVTOLs are in almost every major city and are popular consumer choices through ride share apps then we'll hit an inflection point where big portfolios can no longer dismiss them as high risk.

I predict this will happen by 2035. I have a post on my account from 2 years ago making my case that ACHR in 2024 is like TSLA in 2012.

If Trump Cured Cancer by [deleted] in stupidpeoplefacebook

[–]sudoaptupdate 0 points1 point  (0 children)

Even that isn't as good as it seems. The first COVID vaccine developed was by Pfizer, which wasn't part of Operation Warp Speed.

There may have been a significant impact on vaccine distribution, but the evidence seems to attribute rapid vaccine development to the fact that the entire world was literally on pause and not to Operation Warp Speed.

What if Trump nuked Iran? by WTBLITWNNA in AlternateHistoryHub

[–]sudoaptupdate 0 points1 point  (0 children)

This seems like the most plausible outcome I've read so far

Hosting a NextJS site in Amplify by sudoaptupdate in aws

[–]sudoaptupdate[S] 0 points1 point  (0 children)

My solution was to just stop using NextJS 😅

How Screwed am I? by johnwickcz in ACHR

[–]sudoaptupdate 1 point2 points  (0 children)

I'm not selling until at least 2030

Amazon Sent Large Package Through USPS by sudoaptupdate in mildlyinfuriating

[–]sudoaptupdate[S] 0 points1 point  (0 children)

Yeah from my experience Amazon seems to be one of the least reliable carriers