Most exciting feature Instabids brings for you is real time bidding capability to win "ready to dine" guests. This makes 'winning the bid' a key factor for increasing profit margin.
Easiest way to win the bid is by providing the best possible offer (maximum discount %) to the customer in the first bid itself.
Providing the best possible offers benefits in multiple ways to bag the bid in your favor.
- You have your ingredients and chefs ready and already being paid. With maximum discount % if you win a customer, its always adding to your daily earnings.
- Your restaurant is open with all other expense like electricity, payroll etc. running but with empty tables. Any additional money you are getting by filling in one more table adds directly to your profit margin.
- With best offer from you, other competing restaurants get the sense that you are a serious bidder who want to win the customer.
Below are the various discount % options available from Instabids under Bid Requests in Restaurant Dashboard.
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