If you’ve been out to eat in New Orleans, Louisiana over the past couple of years, you know that the menus have gotten pricier while the portions and food quality has either stayed the same or gotten worse.
A new report from Givex, a cloud-based customer and business insights platform, offering a detailed look into evolving consumer behaviors as food prices at restaurants across the nation continue to push upward.
The Givex 2024 Restaurant and Dining Trends Survey draws from responses of over 1,000 Americans, examining the impact of inflation on American dining preferences and habits.
Some key findings:
So what does all this mean for the modern restaurant consumer? It means that 41% of respondents are dining out less frequently, while 45% have reduced their food delivery orders compared to last year. Meanwhile, 60% report cooking more at home.
Here’s how you can save some money when eating out at a restaurant:
If you receive mailers to your house or apartment with coupons in them, use them. Many restaurants offer BOGO deals or Kids Eat Free deals in coupons sent to your place of residence.
Sign up and save by joining a restaurant loyalty program. Nearly half of all Americans prioritize grocery loyalty programs, with 49% rating them as most important, according to the survey. Overall, 87% of Americans participate in at least one loyalty program.
Many times at a restaurant, you’ll be served portion sizes that are way more food than you actually need or want. Why not treat the surplus as an additional meal that you can have later on? Creating leftovers from your restaurant meal is a great way to get more value out of dining out.
Eating out doesn’t have to be a drain on your wallet. Check out these steps to saving money on food to keep your budget in check.
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