Many
chain restaurant brand marketers while focusing on their brand, customers and
restaurant industry competitors may have over looked a shift in current trends
in consumer food buying patterns. Restaurant customer migration is underway and
some markerts may have inadvertently neglected some very important key drivers
of restaurant customer migration. Our Grocerant niche study found three key
drivers:
- Convenient Meal Participation
- Differentiation
- Individualization / Family
Customization
C-stores Growth Hacking was highlighted last week at NACS when Nielsen
reveled that “Ready-2-Eat / Meals On The Go sales at Convenience Stores were up
38%” from August 2011 thru August 2012. When non-traditional fresh food
retailers sales Jump The Curve 38% year over year; that is Growth Hacking. That
is how fast the evolving fresh prepared food niche is growing. Customer
Migration is market share capitulation if a blind eye to consumer trends in
food retailing are denied or ignored.
Restaurateurs need to be particularly
mindful of developments within grocerant niche for they are driving the change
within the price, value, service equilibrium in retail foodservice. Do you understand Why? We Do.
It is at the
intersection of the consumer, technology and The 5 P’s of Food Marketing:
Product, Packaging, Placement, Portability, and Price that retail food sales
competition is expanding. Driving ever greater Mix and Match bundled meal
options and new points of distribution for consumers.
The grocerant niche is
the result of the blurring line between restaurants, grocery stores,
convenience stores, and drug stores all selling fresh prepared, portable,
convenient meal solutions. Targeted at
the time-starved consumer with Ready-2-Eat or Heat-N-Eat fresh prepared food
components that are perceived “better for you”, and portioned for one or two.
Interested in how to regain market share?
Steven
Johnson is Grocerant Guru at Tacoma, WA based Foodservice Solutions, with
extensive experience as a multi-unit operator, consultant and brand/product
positioning. Since 1991 Foodservice Solutions® of Tacoma, WA has
been the global leader in the Grocerant niche for more on Steven A. Johnson and
Foodservice Solutions® visit http://www.linkedin.com/in/grocerant or
twitter.com/grocerant
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