How to save money on your digital tech tools

Review your tech stack, find tools built for hospitality, and cut subscription costs with one platform.

Over the past few years, hospitality businesses have been in a rush to adopt every tech tool the market offers.

Many have ended up with a stack of technologies that each serve an individual purpose, haphazardly interconnected or not integrated at all. Every one of those tools comes with a cost, and the costs add up quickly.

When budgets are tight, it pays to review your tech and find ways to cut excess costs while the business keeps growing.

Find tools fit for the industry

It is tempting to go for the big household names. A tool that works for other businesses should work for yours, but online-first businesses like e-commerce have different tech needs to brick-and-mortar ones.

Most mainstream tools are built for the online market, not for industries like hospitality.

To find industry-specific tools:

• Ask for referrals within your industry

• Be specific in your search terms: add "for hospitality", "for restaurants" or "for hotels"

• Check the testimonials on a vendor's site. Are they from businesses similar to yours?

Save money with one platform

Think about how many repeat customers you need just to cover your monthly subscriptions, and how much effort each of those visits takes to generate.

Time is another cost factor. Syncing and managing multiple data sources across separate systems is inefficient, and every extra integration is another GDPR risk to maintain.

Simplification is the way forward. Rather than custom-building a mix-and-match solution from different providers, choose one platform that covers what you need in a single place. You stop relying on costly, complex integrations and get back to focusing on bringing more customers back.

To see what one platform covers, book a demo of Stampede.