In sales and marketing, the tipping point is the moment when all the market factors merge, tipping in favor of a specific product service. Sales skyrocket and no one looks back. 

Online ordering may quickly be approaching its tipping point. For restaurants that do not yet have online ordering, now is the time to get a NetWaiter site. For those restaurants who already offer NetWaiter, you’re already on the right path and riding the next big wave of change for restaurants.

Consider the market factors that have led to this tipping point…

The Consumer. Each year the percentage of consumers, aged 18 to 34, who indicate that they would order takeout or delivery on a mobile device goes up. The latest figure is 74%. Just a few years ago that number was below 50%.

The Technology. More than half of the mobile devices in use are smartphones, capable of accessing the internet and placing online orders. Public Wi-Fi is commonplace, and 3G and 4G runs things at breakneck speed. Placing orders online, not just by mobile, but tablet, laptop or desktop, is virtually flawless, and will only get better.

The Marketplace. It is estimated that the totality of mobile payments will top $720 billion/year by 2017, most of that being driven by the largest generation and demographic – the Millennials - which, not by surprise, is also the largest demographic who use online ordering.

The Capabilities. NetWaiter does much more than process online orders. The NetWaiter Management Console allows you to collect and analyze data, target customers, and send them special offers.

Much has been made of the Millennial generation. As customers, these young folks--18 to 39 years old--are an important group.  There are more than 80 million of them in the U.S. That's a lot of restaurant meals. Coincidentally, you will also find that this group is most apt to use online ordering.

A few facts about Millennials:

• They want one-to-one interaction with the brands they use. They are inundated with commercial messages, and more and more they are blind to them. Engagement is the key to this group. They pay attention only to those who understand them and their lifestyle.
• Millennials rely on their mobile devices. According to Millennial Marketing, 75% percent of this group use their smartphone as a personal shopping assistant, and 73% are transacting directly on their mobile devices.
• Millennials check their Facebook status six to eight times a day on their smartphones.
• Millennials see their smartphone as the principal lifeline to their world. According to a study by Zipcar, thirty percent of people falling into the Millennial label said giving up their mobile phone would have the greatest negative impact on their life -- two to nearly three times higher than any other age group in the survey. The answer in every other age group--their car. Translated: Millennials would rather give up their car than their smartphone.

What do you do with this information? Reflect it in your marketing. Select events and causes that matter to Millennials. Base the decor and the artwork in your restaurant on what you known Millennials like (you can find this information on the Internet).

And make sure your Millennial customers know you offer online ordering, because--you know--Millennials love their smartphones.