Winston Churchill once stated: “However beautiful the strategy, you should occasionally look at the results”.
With 20,000+ new SKU’s introduced into food retailing each year, many do not fly and fall to the wayside. If a company has a product that does not sell, and is not profitable at minimum a dramatic review is needed. Category managers look at flat categories and brainstorm on how to generate new interest in the product.
Grocerant products are a multi-channel products consisting of traditional foods prepared fresh that are ready-to-eat and ready-to-heat foods that are/can be portable; found in grocery stores, convenience stores, restaurants, supermarkets, mobile food units and kiosk.
We are seeing each niche create its own answer for convenient ready-to-eat foods; and when they do the consumer rewards them with purchases and increased frequency. Utilizing traditional food and food product but updating with a new twist the grocerant niche booming around the world.
Success does leave clues, watch this niche grow and provide each niche the lift it’s been looking for. Consumers want ready-to-eat and ready-to-heat food more often than in the past by all age groups and income levels.
Foodservice Solutions of Tacoma, WA is the global leader in the Grocerant niche. More about us: http://www.linkedin.com/in/grocerant or leave a comment or question below. If you would like to read the latest interview of Steve Johnson on Grocerants here is the link: an interview of Steven Johnson at: www.goodfoodsales.blogspot.com/2009/12/grocerants-steven-johnson-shares-his.html