As the U.S. food truck market continues its surge in popularity and
size, NCR is spotlighting this dynamic market by offering insider tips,
first-hand insight and customer stories.
Along with street vending, food trucks are one of the fastest-growing
segments in the hospitality industry. According to the National League
of Cities, food truck revenue is expected to increase 76 percent over
the next five years.
Food trucks are also one of the fastest-growing segments for NCR
Silver, an advanced tablet point-of-sale (POS) system for small
businesses. More than just a mobile POS, NCR Silver offers back-office
technology to run an entire food truck business – from integrating
customer loyalty to automating different tax rates.
“It’s a simple user interface to change,” said Travis Schamerhorn,
partner of Gotta
Have It, an Atlanta-based “fusion” food truck and catering business.
“I can also take payments anywhere and access everything I need to run
my business on the same system.”
Other food trucks tout NCR Silver’s ability to manage multiple locations
as a top draw.
“My favorite part is the reporting features,” said Joe Bruno, partner
and head chef at Happy
Belly Curbside Kitchen, a “farm-to-street” food truck in Atlanta.
“We love the ability to pull up sales based on individual events,
quickly see how we did, and plan for the next one. I always know how
much product to bring to repeat events. NCR Silver helps us run our
business more efficiently and prevent waste.”
As NCR Silver has grown alongside the food truck market – which took off
in 2008 – the POS team has gained valuable insight into running a
successful mobile business:
Know your regulations
Many local governments want to see food trucks succeed. But it takes
time for laws that were written decades ago for brick-and-mortar
restaurants to catch up.
Adjacent cities and counties can sometimes have different rules on
safety, parking and more. Fees can also vary widely.
“Be sure to know each city’s and county’s rules first,” said Justin
Hotard, president of NCR Small Business. “Compliance can sometimes be so
time-consuming that it may be best to dedicate one person full-time to
handle licensing, permitting and other regulatory requirements during
the initial few months.”
Get creative with parking
With a mobile business, location is everything. To combat parking
restrictions in certain communities, many food truck vendors are
generating additional income by offering catering services.
The industry also is seeing an increase in free market options, such as
“pods” in San Francisco, where trucks can park in public spaces and not
worry about breaking local rules.
Bottom line, know the market options in the communities you serve – some
are better than others – to minimize parking hassles and maximize
customer reach.
Build – and maintain – your brand
The most successful food trucks have unique brands, which include
everything from the menu and logo to truck design. Given the mobile
nature of food trucks, letting fans know where you’re going each day is
crucial. Social media is a prime vehicle for this, as well as overall
customer engagement.
Loyalty programs also help. It’s beneficial for a loyalty program to
work seamlessly with the checkout process – automatically tracking
rewards with each sale, so customers see what they’ve earned, and have
added incentive to come back. Loyalty integration eliminates punch cards
and disparate programs.
“You need several ingredients to run a successful food truck – good
service, amazing food and passion,” Hotard said. “The element tying all
of this together is your brand. Staying consistent with your brand and
continually engaging customers increases your likelihood of long-term
success.”
For more industry stats and insider views, check out “#GetRolling
America: 2014 Food Truck Facts” infographic
and “Rolling with Happy Belly Curbside Kitchen: A Day in the Life of a
Food Truck” video.
To learn more about NCR Silver’s features, visit the website,
or call 1-877-630-9711. NCR Silver provides live, 7-day support and
access to Silver SidewalkSM, a customer community portal with
information and opportunities to connect with other members. NCR Silver
tablet POS runs in the cloud, uses consumer-friendly technology, and
works on Apple® devices running the latest iOS.
Source: NCR Corporation
About NCR Corporation
NCR
Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into
exceptional experiences. With its software, hardware, and portfolio of
services, NCR enables more than 485 million transactions daily across
retail, financial, travel, hospitality, telecom and technology, and
small business. NCR solutions run the everyday transactions that make
your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000
employees and does business in 180 countries. NCR is a trademark of NCR
Corporation in the United States and other countries.
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