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SAN MATEO, Calif., March 11, 2020 /PRNewswire/ -- Rakuten Ready, the mobile Order for Pickup technology leader defining the future with solutions that deliver a superior in-store experience, today unveiled their inaugural Rakuten Ready 2020 ROI Study to understand how and why to shift the order mix to Order for Pickup, and why utilizing the right technology will improve both profitability and the customer experience.
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Secret shoppers visited Burger King, Chick-fil-A, McDonald's and Taco Bell locations in 30 cities to place in-person orders. The Rakuten Ready ROI Study showed that Order for Pickup is the most efficient channel, allowing restaurants to serve customers up to 2X faster than Drive-Thru and 3.6X faster than In-Person ordering. For example, the study found that Chick-fil-A's order for pickup was 2X faster than the Drive-Thru and 3X faster than ordering In-Person.
The study highlights Order for Pickup from a mobile app or website is the most efficient channel and how making the investment in shifting the order mix towards Order for Pickup can make a considerable impact:
- Increased operational efficiency driving higher throughput
- Improved margins from lower delivery commissions and more upsell opportunities
- Faster wait times leading to more frequent, loyal customers
"Restaurant profitability has come under a lot of pressure from the rise of the delivery channel. However, our data shows there is a path to increased profits by prioritizing investment in shifting valuable mobile-first customers towards Order for Pickup," said Jaron Waldman, Co-Founder and CEO of Rakuten Ready. "The shift in order mix is only the first step, brands must also look at the bigger picture to understand what impact an investment in the right technology, compelling marketing, and improved infrastructure have on the ROI equation."
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The Rakuten Ready 2020 ROI Study offers a deep dive into the findings, along with insights on why to invest in shifting the order mix to Order for Pickup, and how utilizing the right technology and resources will improve both profitability and the customer experience.
About Rakuten Ready
Rakuten Ready is a location-centric mobile commerce platform that connects stores and restaurants with mobile customers. The solution makes ordering ahead and picking up merchandise or food easy and efficient. Founded in 2013 as Curbside by former Apple leaders in location services, the company works with leading retailers such as Kroger, CVS and Nordstrom, and leading restaurant chains such as Pizza Hut, Chick-fil-A, and Chipotle to scale their order ahead programs. The company is enabling the rapid growth of store pickup and fulfillment programs globally. A public SDK for ARRIVE, its predictive arrival technology already downloaded onto millions of consumer smartphones, enables global app developers to take their customer experiences to new levels.
About Rakuten
Rakuten, Inc. (TSE: 4755) is a global leader in internet services that empower individuals, communities, businesses and society. Founded in Tokyo in 1997 as an online marketplace, Rakuten has expanded to offer services in e-commerce, fintech, digital content and communications to more than 1.2 billion members around the world. The Rakuten Group has over 15,000 employees, and operations in 29 countries and regions.
Media Contact:
Kelley Crane
kelley.crane@zenogroup.com
SOURCE Rakuten Ready
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.