Multi-Unit Franchisee Magazine Issue III, 2013 | Page 60

P O S 2.0 + “It’s all going to get integrated. Look at Amazon—they know what you buy. If franchising can emulate that…” —Sheryl Kimes “The POS is the central nervous system of the restaurant, their lifeblood,” says Lisa Falzone, CEO of Revel Systems, an iPad POS supplier (see previous page). “All transactions flow through your POS but they start at numerous places, customer touchpoints,” says Mike Snow, senior director of product management at Micros. “The POS is important, but equally or more important is the outflow to loyalty, CRM, and marketing,” he says. Tom Regev, vice president of operations at Menchie’s Frozen Yogurt, says he tends to agree with that viewpoint, adding that the POS is not only at the center of the interaction with the guest, it’s also becoming an invaluable tool in the dayto-day management of operations. “From a KPI standpoint, it can provide immediate high-level reporting you can get now, versus a monthly P&L. The POS today is becoming a tool that is central.” Since its beginnings in 2007, Menchie’s has used the Micros e7 POS system, along with the Micros RES 3700 for its international locations. Regev says the company is looking to expand its ability to track operations at its more than 300 locations, as well as to add new capabilities, most notably its mySmileage loyalty program, CRM, and social media. Menchie’s, like many other brands, is in search of the “holy grail” of one-to-one marketing that is efficient, affordable, and effective. Says Regev, “We have a pool of people and can analyze their consumer behavior—and the dollars we’re investing from a marketing standpoint—and attract them to specific events, a time of day, or a day of the week, building a relationship between us and our guests.” 58 Multi-Unit Franchisee Is s ue III, 2013 To succeed at data mining and leveraging the data, the new platforms must speak to each other. “That’s one of the most attractive things in looking into the new solutions,” he says. “At the end of the day, you’re investing in the loyalty program to have the database to speak to your loyal customers, your guests, and reward them for being part of this group. Today, with the e7 we can’t do that,” he says. “In 2007, cloud and other solutions were not available,” he says. “When we engaged with Micros, RES was the new thing; now Simphony is the new thing. We’re looking at multiple solut [ۜ