The
line between restaurants and food retailers is growing ever thinner. The fight
for America’s food dollars continues to intensify as consumers find fresh
prepared ready-2-eat food options at a wide and growing array of outlets across
almost every channel: convenience stores, chain drug stores, restaurants,
grocery stores, club stores, vending and even more non-food retailers like
dollar stores. While manufacturers,
retailers and restaurants worry about choice overload, consumers have embraced
their new choices and show no signs of returning to the old ways.
The
restaurant industry is not an industry known for trying to be first as in
fastest to market with an ideation, food or technology advance. In the United
States the larger the chain in almost all cases the more slowly they are to
adopt something than a smaller chain or independent restaurants will. Chain restaurants goal has traditionally
been, simply feed one meal at a time in the restaurant while protecting and
edifying the brand. That is not enough in our rapidly evolving Onmi-channel
retail world.
Historically
chain restaurant leaders have denied the credibility of competitors as
non-relevant. The pizza sector is a great example; evolving from family dinning
independents to national chain of “Red Roof” Italian to delivery only and now
the take-N-bake is in an exciting market share growth phase.
At
the intersection of the consumer, fresh prepared food and technology Consumer
eating behavior is evolving and is now beyond the control of traditional food
marketers. Evolving culture and lifestyle, demographics along with the new
uncertain economy are all putting pressure on the American food consumer: Demands of work, economic shrinkage, the
age-old demands of raising a family, commuting, social interaction, health
& wellness goals, kids after-school activities, all contribute to a food
marketplace where convenience vies with price over legacy brands.
Recent
advances in food packaging and new points of distribution have empowered
consumer choice, and Americans are embracing these choices even as marketers
cringe. The grocerant niche filled with ready-2-eat and heat-N-eat fresh
prepared food that is deemed “better for you” continues garnering share of
market from legacy restaurants, grocery stores providing a platform of
opportunity for retailers looking for growth.
Success does leave clues one clue is Foodservice
Solutions®. We specializes in outsourced
business development with a focus on the grocerant niche. We can help you
identify, quantify and qualify additional food retail segment opportunities or
a brand leveraging integration strategy. Foodservice Solutions of Tacoma WA is the global leader in the Grocerant niche
visit Facebook.com/Steven Johnson, Linkedin.com/in/grocerant or twitter.com/grocerant
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