Competitive advantages

competitive advantages

To develop the competitive advantages of a bar, you need to analyze the food establishments nearby (cafes, stores with their own canteens, bars, clubs, restaurants). Hire an undercover agent or research the competitiveness of such establishments yourself. Pay attention to:

  • typical menu items;
  • the average bill;
  • percentage of occupied tables on weekdays and weekends;
  • target audience.

After collecting data, you can see the pros and cons of each establishment and develop a competitive advantage strategy based on that. It can include improving service, expanding the menu, improving the interior, etc.