Investment in kiosks proves positive ROI for restaurants, retailers

Investment in kiosks proves positive ROI for Restaurants, Retailers

Even with the COVID-19 pandemic over, the restaurant and retail industries continue to struggle to regain their footing when it comes to staffing.

Scores of operators have limped along, overwhelmed by demand. Others have turned to technology – namely self-service kiosks – to turn the employment tide in their favor.

“Owners have to strategize on how best to answer such significant challenges,” said Jegil Dugger, founder and CEO of self-service solutions firm Pye. “Technology is a key part of the solution. Kiosks are the transactional tools now and of the future.”

Innovation is serving as the driver for momentous change within the restaurant and retail industries. The incorporation of technology into everyday business practices, however, represents something of a slippery slope of potential scrutiny.

Technology is often assailed as a job and business killer instead of as a solution that brings about efficiency and effectiveness. What typically gets lost in the conversation – and was absent through much of the pandemic – is the role technology can play in bridging the gap from one income level to another.

Part of the answer to shaping the way forward centers on investment in technology, Dugger says.

Technology such as self-service kiosks increasingly has emerged as cornerstones of the new business model, and the digital solutions are playing an even larger role in the post-outbreak environment.

With technology expanding the capabilities and tasks users can perform on their own, there is not as much need for workers standing around the machines to provide guidance. Managers can reposition staff during busy hours to focus on other tasks instead of those that could easily be done through a machine.

Besides that, kiosks can stand in as stable members of the staff that come at a fixed cost – a cost companies largely pay for upfront. There are no training expenses, and businesses don’t have to ensure these “workers” have breaks. They’re always on, ready to serve.

“Businesses, particularly those built on service, want immediate solutions, but also long-term, permanent solutions to futureproof their operations against adversity,” Dugger said. “The kiosk industry has long billed this technology as a viable tool for most any business. These are effective solutions that are meeting emerging needs.”

Popular Posts

Using kiosks to close employment gaps

Using Kiosks to Close Employment Gaps

Oddly enough, kiosks, until recently, had been largely deemed a detriment to the future of workers. And companies producing and promoting the self-service solutions took a verbal beating, accused by many of peddling technology designed to bolster restaurants’ bottom lines by displacing workers.

Manufacturers countered that their technology was designed instead to complement staffs, helping make operations more efficient and effective in generating more revenue.

Now, struggling mightily to fill positions from entry level to leadership roles, what are businesses to do?

“Businesses, particularly those built on service, are desperate for not only a stop-gap solution but also a long-term, permanent solution to futureproof their operations against adverse events such as this,” said Jegil Dugger, CEO and co-founder of self-service solutions firm Pye.

In the face of an historic labor shortage that at one point was deemed an “emergency” by the U.S. Chamber of Commerce stemming from a number of factors, including the debate over increasing the national minimum wage, kiosks are being cast in a different light. The units increasingly are being brought onboard in restaurants and retailers across the country.

The shallow labor pool has left operators little choice. They aren’t using kiosks to replacing workers. These are their workers.

“The kiosk industry has always touted this technology as a viable piece of most any business that handles transactions, as they generally come at a fixed cost,” Dugger said. “You don’t have to train them. You don’t have to ensure they have breaks. You don’t have to account for times when they aren’t able to make it in for their shifts. They are the new mainstays of the global workforce.”

Pye used the pandemic as an opportunity to change potentially negative perceptions about kiosks and their impact on hiring. The company has talked with many restaurant and retail leaders to explain how self-service solutions fit positively into the strategic mix.

Pye features a number of kiosk options, including free-standing machines and pay-at-the-table tablets. All devices accept card and cash payments.

“Businesses always are looking for something that will give them an edge,” Dugger said. “With the unprecedented challenges today in the food and service industries, there’s perhaps no better time to do that than now.”

Popular Posts