Listen to our featured Ask Those Branding Guys radio show podcast: TOCK Restaurant Reservation
System
Hello, I’m Jim Glover, That Branding Guy, for Once
a Day Marketing™. On our radio show Ask
Those Branding Guys, we discussed branding and marketing of a new
innovative restaurant reservation system.
Joining us on-air was Nick Kokonas, restaurateur and
creator of the restaurant booking platform Tock. Tock was born out of a need to
improve the reservation process at one of Nick’s own restaurants, Alinea in
Chicago. He noticed potential guests were at times turned away because all
dining slots were reserved when in fact, considering last minute cancellations
and no-shows, Alinea could have accommodated additional bookings.
Nick and his team designed Tock to allow patrons to obtain
desired bookings for their dining experience in advance, while at the same time
enabling restaurants using Tock to plan better for food and staffing requirements.
Tock also allows dynamic pricing; restaurants have the flexibility to offer
lower price points at off-peak days/hours if they choose.
Differentiators of Tock include allowing pre-payment for
various dining experiences, ordinary reservations and elimination of tipping. It
is a web-based system that does not force customers to rely on an app. As a
result of using Tock, restaurants are providing enhanced customer service; the dining
experience is improved by ensuring guests' tables are ready on time. Tock has
also dramatically reduced no-show rates.
The food-establishment audience for Tock is broad and
includes restaurants with average tickets over $20 and less than 300 seats. Nick
likes social media marketing such as Facebook targeted ads and Google ad words
and plans to continue giving industry talks to share the mindset behind Tock.
To date, Tock has processed $110 million in bookings in
nine countries and 36 cities all through organic growth. Additional venture
capital has been obtained and Nick is ready to move Tock out of the Beta phase
and start formal marketing.
Enjoy the show.
Once a Day Marketing™ inspires
clients to brand bold. Visit our website at www.onceadaymarketing.com. Contact James Glover at (505) 501-1330 or email glover@onceadaymarketing.com. Listen to Ask Those
Branding Guys™ every Monday at 11:00am (MDT) streaming live on SantaFe.com
KVSF 101.5 FM.
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Marketing™. All rights reserved.
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