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Contents contributed and discussions participated by Allen Lok

Allen Lok

Reaching The Untethered Consumer - Forbes - 0 views

  • Mobile Marketing:
  • That’s why we must abide by some ground rules:
  • Brands that master mobile marketing don’t think of it as yet another channel; they recognize that it’s part of an integrated, multi-channel brand experience.
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  • Rather than becoming mono-focused on a single tactic – the mobile app, for example – think about how your customers use their devices and how you can employ the breadth of mobile tactics to reach them – from apps and QR codes to SMS and mobile coupons to mobile payments and augmented reality
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    Here Forbe magazine offers some tips on how to do proximity/mobile marketing right and some of the advantages. Companies need another marketing avenue to reach customers in this diverse field where competition is so intense. Technological advances will help one stand out in this large crowd.
Allen Lok

Houston Hilton hotel installs facial recognition; system can ID suitcases, employees an... - 0 views

shared by Allen Lok on 30 Mar 12 - No Cached
  • The 1,200-room Hilton Americas-Houston - Houston's biggest hotel - has installed a cutting edge digital video system that relies on facial recognition technology. The system will let managers track employees, locate missing suitcases, recognize a VIP guest - and much, much more.
  • 90% accurate in recognizing people and objects
  • 3VR Security,
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  • The hotel says the system can aid customers who've reported an item has gone missing inside the hotel
  • the system can find relevent surveillance footage in seconds
  • derail potential dangers before they happen by, for instance, uploading a digital image of someone who is banned from the hotel and letting the system send an alert when the person shows up.
  • bility to recognize repeat customers," the
  • release says. Moore says that they'll tie in the system with its front-office systems to "flag our Gold Card members in
  • order to be able to blow them away with service."
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    3VR highlights hotel security program that incorporates facial recognition to track guest, identify unwanted or banned guest and monitor employee attendance and behaviors. Also it can be used to help those pesky items that guests seem to keep losing by using color, size and other physical attributes. While this system has many benefits to a hotel, I see this being only feasible in a large property where the sheer volume of customers and guest can produce enough revenues to offset the cost of this system.
Allen Lok

New Retail Credit Card Standards Affect Quick Service Restaurants | QSR magazine - 0 views

  • By October 2015, all restaurants and other merchants will be subjected to new Europay, Mastercard, and Visa (EMV) standards, which reflect a shift from magnetic-stripe credit cards to chip-and-pin cards.
  • , the chip-based cards require insertion of the card into a terminal throughout the entire transaction.
  • chip-based cards are less susceptible to fraud.
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  • It’s a rather slow conversion over to EMV. But it’s definitely coming.” View the discussion thread. Subscribe Subscribe to QSR Renew Update Address eLetters Advertising Contact &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Articles Food &amp; BeverageMenu Innovations Marc Halperin: Resident F&amp;B Expert Food Safety Health Ingredients &amp; Dayparts ExpansionQSR 50 Franchising Growth Fast Casual George Green: Fast-Casual Expert Emerging Concepts TechnologyOrdering Social Media Promotions Sustainability Denise Lee Yohn: QSR’s Marketing Guru OperationsExecutive Insights Competition In the Store Consumer Trends Charitable Giving Outside Insights Women in Foodservice Human Resources Alan Philips: Trends to Watch Research QSR 50 OneSource Drive-Thru Study Growth 40 Smart Chain Franchise Opportunities Find a Supplier Find a Job Restaurant Management Events NRA Show <a h
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    A new set of standards is coming up for credit card transactions. EMV or Europay, Mastercard, Visa, standards include a chip-and-pin device on the card that requires the card to be inserted into the card processing terminal. While this does not prevent all fraud, it's important that this standard is mandatory by 2015 and business operators should be preparing for changes.
Allen Lok

3 Ways Mobile Point-of-Sale (POS) Technology Benefits the Restaurant - 0 views

  • Usually, mobility involves a handheld device, such as a tablet or a smart phone.
  • Furthermore, mobile POS technology ensures secure credit card transactions without the hefty fees often incurred with traditional systems.
  • This allows for instant communication from table to kitchen, and can even allow tableside payment acceptance, as the credit card remains in view of the customer at all times.&nbsp;
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  • Many smaller, independent restaurants or mobile operations have limited space as well as limited capital for traditional POS systems, which can cost $2,000 or more with all the components required. [Source] Many mobile apps are free, and devices like the Square and the Amazon Kindle can replace traditional POS devices at a fraction of the cost.
  • Mobile technology can be a real benefit to the restaurateur in terms of money savings, revenue increases and overall customer satisfaction. To learn more, check out these mobile marketing techniques that will take your restaurant to the next level.
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    With the talk about POS systems, mobile POS systems are also taking up center stage with recent developments utilizing Ipads or cloud based systems. All you need is a reader type device and an interface program than can process the transaction. This article mentions safety, convenience, lower POS costs and increased sales. I think this is all true, with the one exception that users may still be wary of a skimming device that can read and steal credit card data.
Allen Lok

RoomKey© "Green" Property Management System launches Environment Fund | ehote... - 0 views

shared by Allen Lok on 15 Feb 13 - No Cached
  • RSI International Systems Inc. ("RSI") (TSX Venture Exchange: RSY), announced the launch of the RoomKey Property Management System Environment Fund.
  • Donations made by RoomKey PMS customers are based on occupancy with the minimum donation starting at just $0.01 per occupied room night.
  • Every quarter the RoomKey Environmental Fund (REF) will award all donations and matching company contributions to a global non-profit organization working on an innovative environmental project - REF contributors will be able to vote on the projects that will be supported by the fund.
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  • Projects working in the following areas will be nominated to receive funding: Air Quality &amp; Alternative Transportation Renewable Energy Energy Efficiency Reforestation
  • RoomKey PMS is the first fully integrated web based property management software solution that offers hoteliers complete functionality while providing an opportunity to help reduce greenhouse gas (GHG) emissions
  • RoomKey PMS uses approximately 94% less energy than traditional server based property management systems. Because RoomKey is web based and centrally hosted, every client using RoomKey PMS can reduce their average annual consumption of electricity by up to 4,500 KwH - saving their properties hundreds of dollars per year and preventing the annual emission of approximately 3.3 tonnes of CO2.
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    Here's a company RSI International Systems that is launching a cloud based PMS that is rewarding users who practice environmentally friendly operations. In addition to helping hotels save energy, they are matching donations made by the hotel to environmental protection programs that the hotel even has some say to whom to contribute.
Allen Lok

The Value of Energy Efficiency to Your Guests and Your Bottom Line - 0 views

  • half of respondents said they would spend more money to stay at an eco-friendly accommodation. However, 60% of these same travelers said they rarely felt informed about whether hotels are actually eco-friendly.
  • With approximately 80% of hotel utility costs coming from electricity, natural gas, and steam consumption, implementing energy management strategies can directly impact your bottom line.
  • improving energy efficiency doesn’t necessarily require significant capital investments.
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  • As a first step, hoteliers should use Portfolio Manager, a free, web-based tool that allows you to measure and track your hotel’s energy consumption over time—all while controlling for changes in operating parameters and local weather.
  • achieve significant cost savings and recognition
  • ou can also promote your efforts to enhance your image and reputation to an increasingly environmentally conscious consumer base
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    With so much emphasis this week on the negative environmental impact of computers, I found an article that points hoteliers in a direction on how being green can improve your bottom line. The idea is quite simple; you implement energy or resource saving methods, you pay less utilities. Customers recognize that you are being eco-friendly and are more loyal to your brand. Over time your revenue goes up, there are less expenses and thus impacting your net profits in a positive manner. Then you get to repeat the whole process with newer technology again with the increased profits. Sounds easy right...? So what things should you implement? One idea was Portfolio Manager web tool that tracks all of your hotels energy consumption all while taking in consideration of operational and local weather factors. This is one piece of the solution of on going concerns of environmental destruction taking place industry wide. If everyone contributed in some small way, hopefully we can see a large impact.
Allen Lok

McDonald's Corp. debuts new packaging featuring QR codes | Latest Headlines content fro... - 0 views

  • McDonald’s Corp. will replace all carryout bags and fountain drink cups with new packaging featuring quick-response, or QR, codes, to convey nutritional information for its food.
  • Text of the caloric and nutritional disclosures will be translated into 18 languages.
  • QR codes broaden access to McDonald’s nutritional information by pulling up specific online content on a smartphone Web browser once the user snaps a photo of the code with the phone’s camera.
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    Mc Donalds is now taking another step towards technology use and providing nutritional information via QR codes. Customers can scan a QR code located on their bag and be directed to a web site that list the nutritional content of their food. This is another way McDonalds is "trying" to be more health conscious with its customers and the meals that they serve. Way to go McD's. I think this technology is beneficial in several ways: 1- the obvious of providing customers with needed nutritional information 2- it is more convenient as it allows the company to make changes to the menu items and update nutritional information without having to reprint all the associated materials 3- possible marketing opportunity to print QR codes to win prizes As a side tip I think other companies should embrace this technology and instead print the QR code on the customer receipt with data corresponding to only items they ordered.
Allen Lok

AP IMPACT: Recession, tech kill middle-class jobs - Yahoo! News - 0 views

  • Year after year, the software that runs computers and an array of other machines and devices becomes more sophisticated and powerful and capable of doing more efficiently tasks that humans have always done
  • I have never seen a period where computers demonstrated as many skills and abilities as they have over the past seven years.
  • Whole employment categories, from secretaries to travel agents, are starting to disappear
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  • Overall, though, technology is eliminating far more jobs than it is creating.
  • Now, that same efficiency is being unleashed in the service economy
  • Technology is eliminating jobs in office buildings, retail establishments and other businesses consumers deal with every day
  • The uncomfortable truth is technology is killing jobs with the help of ordinary consumers by enabling them to quickly do tasks that workers used to do full time, for salaries.
  • Technology is used by companies to run leaner and smarter in good times and bad
  • They realize they don't have to re-hire the humans when business improves, or at least not as many.
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    This is a multi-part series by AP News on how the fast pace of technology is wiping out millions of jobs globally. Technology use is in every economical sector and nobody is immune from job losses. It is terrify to think that our world has become so automated and reliant on technological use. While there are many pros on technology use such as being more efficient, accurate, cost savings, speed and others, it has no doubt taking a toll on the economy as a whole. In the hospitality industry, a few quick examples that come to mind include online travel reservations, IPads taking over the jobs of waiters and waitress or our favorite machine the Smart Bar. These advances are unique but we are slowly moving away from human interaction. The point is while we are taking advantage of technology to improve business operations we must keep in mind that in the hospitality field we are about proving as service to others that should be as individual as possible. It will be interesting to see if this series leads to suggestions on possible future applications of technology that would revitalize the job economy or create new possibilities.
Allen Lok

Restaurant operators offering 24 hr automated serivce. - 2 views

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    I think this article goes along with our "Smartbar" discussion. The Smartbar may actually be useful in certain locations where a full time bartender may be too costly. There are obvious legal regulatory issues to contend, but at least some room for growth for the Smartbar. For other products like cupcakes, donuts or small bites, established restaurants are now tapping into the 24 hour convenience business model through the use of vending machines. I think this is a great idea for customers who want more variety than what we have been seeing at vending machines the past 10 or 20 years, which is potato chips, candy bars and nuts. For the company, this would give them more exposure and increased revenue stream at locations such as airports, hotels and hospitals where there is always people around. Some companies like Apple or Sony have been doing this for years. I can understand that they are selling a non-perishable good and the customer is ultimately only paying for the end product only. Restaurants are often involved with proving a level hospitality service as part of the product they sell and automation was not really in their best interest. But now with the explosion of Ipods and automated POS taking over the servers job, we may see more of these stand alone units serving customers. Overall, I think this is a business concept/technology that we are behind in. The article mentions that Japan has been using this concept to sell fresh food items and other items such clothing as well. From a business standpoint, given the increasing rise of competition, rent/property prices and variety of choices consumers have, these are some major recent factors which will propel this concept more.
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