Happy Hour is the key to drawing in consumers and their meticulously allocated dining budgets.
Economic stressors are ever-present, and the fact remains that we are in an age where pennies are counted and budgets are consistently balanced. When consumers finally do decide to venture out for a meal it is either in celebration, or because it is reasonably priced. For the former, it is easy to capitalize on the spend that inherently accompanies celebratory dining, but for the latter, Happy Hour is important because it brings in customers that might not be able to afford normal menu prices.
The Benefits of Happy Hour:
For a restaurant, happy hour is a necessity. Happy hour gives a brand the opportunity to showcase the best of their craft, in smaller portions, at a price that is immensely compelling to consumers. The opportunity to snag a repeat customer is tremendous during a happy hour – consumers feel they are getting a deal while the overall expense to the restaurant is nominal.
Consumers are more likely to experience a variety of offerings during happy hour. The cheap small plate option allows them to try more of the total array of offerings, creating a memorable and lasting impact. By showcasing a wide variety of options during happy hour, consumers are likely to keep the restaurant in their consideration set when they are looking to spend more of their budget on celebration type situations.
Marketing Your Happy Hour:
When it comes to advertising your happy hour, focusing on social media outlets is the most effective method. Happy hour is truly a social occasion and generally occurs during the last couple of hours of the work day through the beginning of the dinner rush – 4-7 or so.
By utilizing social media to convey the message you are playing into the inherent fun of happy hour itself. And speaking from personal experience, the best happy hours in town are usually the ones that are the best-kept secrets of locals. One way to do that is to create a feeling of inclusion by using social media to create organic-looking posts. Ultimately, this adds to the mystique and overall lackadaisical feel apparent in happy hours.
At the end of the day, happy hour promotions may seem to be undesirable, but they truly present an opportunity for a restaurant to present a wide array of offerings for consumers to experience. When consumers experience multiple items on a restaurant’s menu, their likelihood to consider the restaurant again is exponentially increased.
A happy hour menu is a gateway to a larger spend from consumers that might not otherwise come into the restaurant. Happy hour is a time to focus on the spirit of the restaurant and to utilize a laidback atmosphere to draw people in. By utilizing social media to advertise it, the spirit of fun and inclusion helps to play to the approachability of the restaurant.
Gina Lee De Freitas has 15+ years marketing the restaurant industry. She is the Chief Operating Officer/ Partner at IMM, a digital ad agency.