JUICER

United States - San Francisco

• 10/04/2024
• Unknown
• $5,300,000

JUICER offers a real-time revenue management solution for restaurants.

The world is a lot more complicated for restaurants these days. While customers used to just call for a table or walk right in, high tech companies like Uber, DoorDash and Grubhub have become the gatekeepers a large portion of consumers who have prioritized convenience above all else. And the toll to gain access to these consumers who once had direct relationships with restaurants, is quite high.

At the same time, commodity prices are still high, yet consumers are no longer willing to tolerate price increases. While restaurants typically raise their prices on 3rd party delivery marketplaces in order to offset the commission, it seems that DoorDash is now asking restaurants to maintain price parity. So what is a restaurant to do? Applying a flat 20% or 30% increase on 3rd party delivery marketplaces is no longer enough.

What is the optimal price for each menu item, for each channel, for each location? Now that the industry is shifting to value, what is the right offer? On which items, in which channels, and when? How should you measure success? The largest restaurant brands in the country have assembled teams of data analysts and have invested in AI to solve these complex problems. But not all restaurant companies can afford to do the same. That is why we created JUICER.

JUICER can help restaurants determine if you have raised prices too high. We can also let you know how you are priced against your competition in each local market, and if you are losing market share because of it. Let us show you how much money you are leaving on the table, and how much additional profit you could be generating if JUICER handled your pricing on digital channels. We can even show you how to get the most out of the 3rd party delivery companies, while at the same time reducing your dependency on these channels.

Contact us today!

Related People

Ashwin KamlaniCo Founder

United States - Miami Beach, Florida

I am proud to serve as Co-Founder & CEO of JUICER. We came together to help a struggling industry navigate the complex world of e-commerce and 3rd party distribution. Everything I have done until now has prepared me for this.

I started out learning about technology from Accenture and PwC in the late 90s, and after realizing that my heart was in hospitality, I attended the Masters program at the Cornell Hotel School. After the attacks of 9-11 rocked the hospitality industry during my first week at Cornell, I pursued a career with Melia Hotels & Resorts. I started as an unpaid intern, and worked my way up to become the Global VP of E-commerce, Loyalty & Distribution.

My time at Melia taught me all about how to grow e-commerce revenue by balancing partnerships with 3rd party intermediaries and growing direct online revenue through digital marketing, promotions and partnerships. Together with my team, we grew online revenues to exceed 250M Euros.

In 2010, I started my own business to help other hotel companies achieve the same goal: to strengthen their direct e-commerce businesses and to reduce dependence on 3rd parties. In 2016, we were acquired by a large loyalty firm.

5 years later, my co-founders and I realized that the restaurant industry was about to go through exactly the same evolution that we helped hotels through 20 years earlier. We knew we had to do something, and JUICER was born.

As a leader, I build companies based on transparency and trust. Follow me on LinkedIn as I share our journey. I will be sharing our successes, our struggles and lessons learned.

LinkedIn https://www.linkedin.com/in/ashwinkamlani/