Filled with consumer contemporary relevance, Starbucks continues expanding
consumer interactive participatory touch points. When QSR Magazine reported that Starbucks was
the Number 3 on its top-50 list the only question left was when will Starbucks
become the Number 1 QSR brand in the world?
Starbucks is more than Hot Coffee they reinvented cold coffee drinks making
them hot! Remember Frappuccino anyone?
The Frappuccino line alone has produce multi-billion in retail sales for
Starbucks. Consumer contemporary
relevance success is not all about original, unfamiliar, or brand new products
it is differentiation on similar / traditional food products with a twist. Starbucks simply happens to do brand and menu
differentiation better in the food and beverage space than all most anyone
else.
Starbucks is a food retail merchant with a focus on growing market share
within the fastest growing sector of food retail, the grocerant niche. Leveraging product diversification with
retail foods universal commonalities the grocerant niche is a perfect match for
a company focused on ready-2-eat and heat-N-eat fresh and prepared food.
Evolving with consumers Starbucks premium beverage leadership was edified
with the addition of Evolution Fresh premium juices. The ability to extend its brand and menu
options within its own retail outlets simultaneously extending the brand at Safeway, Whole Foods, Ralphs and
health food stores creates a platform of brand success few other can duplicate.
However, Starbucks has always been about more “the third place”. There is home, work, and Starbucks, that idea
of “the third place” is safe, comfortable and consistently evolving with the
consumer. When Starbucks announced they
were going to accept payment via mobile payment platform Square consumer
relevance was edified once again with expanding consumer interactive
participatory touch points.
Food Merchant and Starbucks CEO Howard Schultz said “The evolving social
and digital media platforms and highly relevant payment capabilities are
causing seismic changes in consumer behavior and creating equally disruptive
opportunities for business.” Starbucks
has made Square payment safe, comfortable and consumer relevant. Coffee is cool
and so is Starbucks.
Outside eyes can deliver top line sales and bottom line profits. Foodservice Solutions® provides grocerant
program assessment, brand, product placement or positioning assistance. Since 1991 Foodservice
Solutions® of Tacoma, WA has been the global leader in the Grocerant niche
visit Facebook.com/Steven Johnson, Linkedin.com/in/grocerant or
twitter.com/grocerant
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