WANT TO KNOW HOW ALL-YOU-CAN-EAT-BUFFETS MAKE A PROFIT?

Hi fellow diners!

If you’ve ever felt like gorging yourself at an all you can eat buffet, you may have wondered just how they manage to make any profit….Allowing people to eat anything they want and as much as they want, for a one-time charge couldn’t possibly be profitable, can it???

Well, grab a plate (a large one) because we’re about to reveal how all-you-can-eat buffets really make their money.
Cutting back on overheads: One of the main things buffets have going for them is fewer overheads than traditional table-serving restaurants. That’s because you, the customer, are doing most of the work for them – while paying for the privilege!

After all, at a buffet you serve yourself, and in some places, you might even fetch your own drinks. This means there’s no real need for waiting staff. Also, since the menu relies heavily on a series of regular dishes, which are prepared in advance, they can hire fewer – and cheaper – chefs. Heck, at some buffets-like at Korean BBQ places- the customers even do the cooking as well as the serving!

Ovation Brands, which runs the Country Buffet chain in America, owns and manages more than one hundred buffet shops across the country. They have a ton of data on every aspect of their business, especially about minimizing waste.

They carefully monitor everything, including weekly waste amounts, then plug the information into a massive computer. This allows them to track exactly how much customers are eating and how much is getting thrown away
It allows them to adjust menus based on what’s popular, allowing them to plan ahead. They then put out what people are likely going to want, and in the right quantities. When they do this, they also use smaller pans to try to minimize how much goes to waste.

Cheap ingredients: A magazine team running Psychology Today, took a look at what’s going in the buffet world and found that they call it the “fill the customer’s belly cheaply” process.
For a lot of buffets, things like vegetables, potatoes, and rice are among the staple dishes. That’s because they are both super cheap and extremely filling. The more rice and veggies you eat, the more money the restaurant makes. Also, full dishes make the buffet appear to be great value for money.

Seasonal and regional specialties: Psychology Today also reported that there are two good reasons why you’re likely to find a lot of seasonal and regional foods in the buffet line. First, if something’s in season and grown locally, the restaurant is going to be able to buy it cheaply in bulk, as it’s readily available.
When they can offer menus advertised with words like ‘locally-sourced’ or ‘seasonal’ it makes customers feel like they're getting something special so they keep coming back!

Drink up!: Drinks are not usually included in the price of the buffet and there’s a good reason for that. When customers fetch their own drinks, the buffet restaurant usually has a relatively modest 30 percent markup over cost. However, serving restaurants can jack up the price of drinks by as much as 90 percent – and the more you eat, the thirstier you’re going to get. As a result, they make a lot of profit off of your beverages.

Smaller utensils: Giving you smaller utensils and crockery is one of the biggest factors impacting your eating habits at a buffet. You’ll almost never see full-sized dinner plates or actual soup bowls. Instead, you’ll be given small plates and even tiny dessert bowls, in order to limit the amount of food you take. Also, by the time you’ve eaten your first lot, you’ve started to feel fuller so it's fact that not everyone will go back for second helpings!

Catering suppliers are well aware of this, so buffet restaurants can even purchase miniature tableware especially designed for buffets. This even includes silverware, which tends to be smaller, but not so small that you’d really notice unless you already know their sneaky tricks. You’re welcome!

Strategic layout: Buffet Managers spend a lot of time figuring out the right layout for the food. The cheap, filling foods like salads, vegetables, rice, and noodles are likely to come right at the start, so you can load up before you get to the more expensive stuff like meat, chicken, and fish. Check out the way things are served, too! You’ll see you can grab a massive ladle-full of rice and vegetables, but it’ll be tongs when it comes to those inevitably small portions of meat.

Tongs mean the food will take longer to get onto your plate. Also, most people don’t like the pressure of holding up the queue coming behind them, so they tend to move along faster. Also, a sneaky trick is that pans with more expensive foods are generally less full (a subtle encouragement to take less) while cheaper ingredients will be served in giant, overflowing pans.

Money’s worth: There’s usually plenty for all at a buffet and people like that. But cheaper isn’t always better. In America, the Food and Brand Lab at Cornell University conducted an experiment to see how the price of a buffet influenced people. They offered two separate groups of customers the same pizza buffet, and charged one group $4, while the other group was charged $8.
The group who paid more was overwhelmingly more satisfied with the entire experience. That kind of psychology has filtered down as far as to Las Vegas.

Just a few years ago, all-you-can-eat buffets were everywhere, as a lure to bring hungry patrons into casinos. By 2013 though, they suddenly vanished, with the average buffet price hovering between $20 and $25. Why? Because people will pass on the cheaper buffets as they feel they get better food and a better eating experience if they are paying more! You know what they say: one way or another, the house always wins.

Getting banned: Finally, you may not want to take the ‘all-you-can-eat’ part quite so literally. People can, and have been, banned from buffets for eating too much food. For instance, a Wisconsin man named Bill Wisth, was not only banned but had the cops called on him for abusing his local buffet. “But the sign said ‘all-you-can-eat” he protested! So, before you go back for that fifth plate of rice and veggies, ask yourself how much you might like the taste of prison or hospital food! (LOL!)....

Happy dining!

As found on Youtube

Look for more tips coming soon!

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