Atithya: A Journal of Hospitality

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Customer Retention Strategies Adopted by Standalone Restaurants in Pune and Its Benefit to the Restaurant


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1 All India Shri Shivaji Memorial Society's College of Hotel mManagement and Catering Technology, Pune, Maharashtra, India
     

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This paper describes about the Customer Retention Strategies adopted by standalone restaurant in Pune city. The Discounts a006Ed Happy hours are some widely used Strategies in the Standalone restaurants which benefit them by increase in volume of sales with repeat customers and also contribute towards increased boost of brand with mouth publicity. The standalone restaurants make use of both the Monetary as well as Non-Monetary benefits. The customers are now-a-days attracting to the restaurants that provide some or the other benefits that will provide different advantages. This study focuses whether the Customer Retention strategies should be adopted by the standalone restaurants in Pune and what will be their benefits to the firm.

Keywords

Customer Retention Strategies, Monetary and Non-Monetary Benefits, contribution to Business, Repeat Customers.
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  • Customer Retention Strategies Adopted by Standalone Restaurants in Pune and Its Benefit to the Restaurant

Abstract Views: 283  |  PDF Views: 0

Authors

M. Suraj
All India Shri Shivaji Memorial Society's College of Hotel mManagement and Catering Technology, Pune, Maharashtra, India

Abstract


This paper describes about the Customer Retention Strategies adopted by standalone restaurant in Pune city. The Discounts a006Ed Happy hours are some widely used Strategies in the Standalone restaurants which benefit them by increase in volume of sales with repeat customers and also contribute towards increased boost of brand with mouth publicity. The standalone restaurants make use of both the Monetary as well as Non-Monetary benefits. The customers are now-a-days attracting to the restaurants that provide some or the other benefits that will provide different advantages. This study focuses whether the Customer Retention strategies should be adopted by the standalone restaurants in Pune and what will be their benefits to the firm.

Keywords


Customer Retention Strategies, Monetary and Non-Monetary Benefits, contribution to Business, Repeat Customers.

References