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Lunchmoney Ico Review : Lunch Money the Ultimate Incentive

Tags: restaurant
lunchmoney

About Lunchmoney

In the US, customers often complain about poor customer service at restaurants. Restaurants, on the other hand, find it hard to retain loyal customers, scale their business and increase their revenue. According to Restaurant and food marketing research, loyal repeat customers of a restaurant account for at least 33 percent of the total revenue. Lunchmoney.ico while they may only account for as low as 15 percent of the total customer base.With so many emerging and existing restaurant options in the market, customers have developed very little tolerance for the compromised service quality at restaurants. Their most common and crucial complaints include poor food quality poor customer service, finite menus, lack of healthy options, lack of hygiene, inconsistency in quality, lack of loyalty incentives and negative feedback from other restaurant visitors.Enter Restaurant P.I., it is an on-demand secret shopper (mystery shopper) service for restaurant and bar businesses. Restaurant owners can post exclusive deals and discounts on the Restaurant P.I. platform.

These deals can be exchanged by customers for secretive and anonymous visits. Next, the customer will be able to submit valuable feedback via the app on their experience. Lunchmoney.ico Once feedback by the customer is approved, he/she is awarded a coupon that can be redeemed during the next visit to the restaurant. According to a Harvard study, by just increasing the repeat customer rate by as low as 5 percent, the restaurant can increase their potential profits by 25-125 percent. Hence, Restaurant P.I.’s concept aims at improving the value delivery from food serving businesses to the customer.Thus satisfying them with the best possible standards simultaneously.Owners can boost their businesses by improving customer service per the feedback, gain positive recognition and retain loyal customers.

Token Basic Information

For adjustable emission all unsold tokens will be used for our token incentive program as earned rewards
Name Lunch Money
Social Media facebook icon - E-Coinomic Review Token Detail- Financial service platform based on crypto assetstwitter icon - E-Coinomic Review Token Detail- Financial service platform based on crypto assetstelegram icon - E-Coinomic Review Token Detail- Financial service platform based on crypto assetslinkedin icon - E-Coinomic Review Token Detail- Financial service platform based on crypto assetsyoutube icon - E-Coinomic Review Token Detail- Financial service platform based on crypto assets
Decimals 18
Ticker LMY
Token Type ERC20 Utility Token
Hardcap 40,000,000
Secure way to purchase tokens Ethereum
Whitepaper Click Here For View Whitepaper
Website Click Here For Visit ICO Homepage

Token Distribution

 25% Founders
 15%
Bounty
 10% Team Remuneration
 45%
Software Development
 5% Advisor Fund

Problem & the solution

Problems and customer challenges in the existing restaurant market Since the success of a restaurant business in the US depends upon the customer satisfaction level, understanding the problems that the customers face regularly will help the businesses improve gradually.Lunchmoney Following are some crucial problems and challenges that the restaurants need to improve upon.

● Poor food quality: Customers demand quality in every item that a restaurant serves The items should be           prepared in hygienic conditions, must be sumptuous and freshly served. If the order is poorly prepared, takes       too long to be served or arrives cold, the restaurant is already losing the customer.

● Poor customer service: This is one leading reason as to why customers never return again to a particular         restaurant. The pointers include long waiting time for a customer, negative behavior by the staff, not fulfilling         specific demands, and lack of welcoming treatment by the staff.

● Limited menu: Customers are growing more and more health conscious and want more options on the menu.     For example, gluten-free and organic dishes are high in demand and restaurants need to adopt healthy                 options accordingly.

Lack of cleanliness: This is another crucial insight that many restaurant owners might overlook.Hygiene and     cleanliness should be the top-most priority for any food vending business. Lunchmoney from cutlery to               washrooms, cleanliness must be maintained at all costs.

How Does it work?

Restaurant P.I. is a platform that serves as a portal between local restaurant owners and customers around them.Blockchain technology ensures transparency and trust in the businesses and customer relationship.
Exclusive deals and discounts are exchanged for anonymous visits and feedback on the customer experience.  Patrons remain anonymous while dining at various participating restaurants. After submitting feedback, the customers are rewarded with a deal coupon that can be used in the next visit.Lunchmoney.io tokens are used as earned incentives for completing secret shops and repeat visits.

Market & Industry

As of October 2017, the restaurant industry in the US has been valued at US$ 245 Billion, with a total of 294,633 businesses already in place. Lunchmoney the annual growth rate of this industry has been 3.1 percent monitored during 2012-17 and it employs Approximately 4.5 million people in the USA.Following is a list of restaurant industry threats and opportunities that will justify the creation of Restaurant P.I. Platform for the stated reasons.

● Customers continue to seek healthy meal options within an array of menu items. Restaurant owners need to       rapidly adapt to the changing demands to flourish in this industry.

● Customer retention and loyalty is another crucial factor when it comes to the success of a restaurant.                    Increasing the repeat rate and a number of loyal customers is necessary for expanding the business.

● International expansion is essential on the pages of a long-term strategy for a restaurant.

● The strong price-based competition will emphasize the restaurants to deliver higher-quality at reduced prices       for the customers.

● New businesses struggle to gain customers their first few years. Having access to the Restaurant P.I. the app       will help new food businesses gain customers at an accelerated pace

Also check – Konios Ico Review : Avoid the crowds when the KON Token Sale starts.

Team

Members  Adrian Triplett

COO Restaurant P.I. Inc CO-Founder Of Lunch Money

Jeffery Varnado

Founder Of Restaurant P.I. Inc Co-Founder of Lunch Mone

Derek Hawkins

Trademark Attorney

Salman Qadir

Chief Strategic Officer/ Global development

Davorin Bebek

Social Media Managrer

Destiny Aigbe

General Counsel/Securities Counsel

Abdullah Al Mamun

UI Designer

Yaliwe soko

Brand Ambassador

Also Read – Click Here for Read All ICO Review

This article is writing in 4 May, 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- 918077121282

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in any online program with money you aren’t prepared to lose. Make sure to research about the website.So Please take care of your investments. and be in the safety site and avoid much losing online.

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