Restaurants typically experience abnormal sales during holidays and major events.
During some holidays, customers are less likely to go to a restaurant because they are spending time with family, preparing meals at home, or shifting their spending towards travel and gifts.
During other holidays, customers are much more likely to go to a restaurant. For example, St. Patrick's Day and Cinco De Mayo are typically huge days for Irish bars and Mexican restaurants, respectively.
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🔮 How 5-Out handles holidays
5-Out's machine learning model treats holidays differently to ensure that we are predicting your sales on these special days as accurately as possible. We will look at how your business performed on this day in previous years, rather than relying on recent sales trends.
🙈 How to see what holidays are set up for your restaurant in 5-Out
5-Out sets up many traditional U.S. holidays by default. To see what holidays our Machine Learning model is programmed to look at:
Log in to 5-Out
Click on “Settings,” the gear icon at the bottom of the menu on the left side of your screen
Click on “Restaurant Info,” the fork and knife icon directly below the gear
Click on "Holidays" in the top row
✏️ How to edit your holiday calendar in 5-Out
To change which holidays that 5-Out considers when forecasting your restaurant demand:
Log in to 5-Out
Click on “Settings,” the gear icon at the bottom of the menu on the left side of your screen
Click on “Restaurant Info,” the fork and knife icon directly below the gear
Click on "Holidays" in the top row
Check/uncheck boxes as necessary:
🆕 How to add a new holiday to 5-Out
If you there is a holiday specific to your restaurant that 5-Out needs to treat differently for forecasting, contact us at support@5out.io so we can set that up for you.
🌭 When would you need to add a holiday?
For example, National Hot Dog Day could be a big deal if you run a hot dog joint.