Ready-2-eat
restaurants continue to attract customers even when the customers have no
jobs. David Decker reported in a recent
survey by Restaurant DemandTracker that in the United States “Households with
two full-time job-holders visit restaurants 5.8 times and spend $74 per week,
on average. Households with only one full-time job-holder visit restaurants 5.2
times and spend $54 per week on average. Households with only part-time
job-holders visit restaurants 5.0 times and spend $41 per week, and households
with no wage-earners at all visit restaurants 4.5 times and spend only $36 per
week.”…
“Households with no wage earners are even likely to visit restaurants regularly. Those consumers in households with no wage earners were 37% less likely than dual-income households to visit Fine-Dining restaurants regularly, 34% less likely to visit Casual-Dining restaurants regularly, 30% less likely to visit Fast-Casual restaurants regularly, and 17% less likely to visit Quick-Service restaurants regularly.”
“Households with no wage earners are even likely to visit restaurants regularly. Those consumers in households with no wage earners were 37% less likely than dual-income households to visit Fine-Dining restaurants regularly, 34% less likely to visit Casual-Dining restaurants regularly, 30% less likely to visit Fast-Casual restaurants regularly, and 17% less likely to visit Quick-Service restaurants regularly.”
Clearly restaurant
pricing plays a key role in where consumers eat. The dollar menu will not be going away too
soon. With 47 million consumers on food
stamps yet 4.5 visits a week to restaurants by households with no-wage-earners
the opportunity to build brand loyalty is a guiding light for continued pricing
competitiveness.
Foodservice Solutions® 5 P’s of
food marketing: Product, Packaging,
Placement, Portability and Price are the universal commonalities found within
food retail and at times each of the P’s can play a greater role. Price
continues to drive usage.
Outside eyes can deliver top line sales and bottom line profits. Invite
Foodservice Solutions® to complete a 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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