Leveraging each of the 5P’s of
food marketing, Popeye’s Louisiana Kitchen continued to garner market share
within the grocerant niche and QSR chicken sector. Popeye’s understanding the
consumer desire to buy bundled meal components, and then packaging them as
LTO’s has been the formula for growth including 2012 same store sales growth of
6.9%.
Once again in 2012
Popeye’s offered its LTO Cajun Turkey
Meal that meal was comprised of prepared meal components that you mix and
matched then assembled with you’re cooking into a customized home served meal
provided an on-going continuum of consumer focused meal component
offerings.
Popeye’s four years of
domestic same store sales increases can be attributed to its long standing
leveraging of the 5P’s of food marketing and meal component LTO’s including new
products Garlic and Pepper
Wicked Chicken, Rippin Chicken and Zatarain’s Butterfly Shrimp.
Fresh flavors are considered
“better for you” buy consumers and Popeye’s CEO Cheryl Batchelder understands
and has leveraged differentiation with fresh flavored LTO’s and mix and match
meal components has contributed greatly her company’s success garnering market
share from competitors within the quick-service chicken sector they have grown
from 14.8% in 2008 to 19.2% in 2012.
Were your same-store sales up 7 % or
better in 2012? Interested in learning how the 5P’s of Food Marketing can edify
your retail food brand while creating a platform for consumer convenient
meal participation, differentiation and
individualization contact us via Email us at: grocerant@q.com or visit
Facebook.com/Steven Johnson, Linkedin.com/in/grocerant or
twitter.com/grocerant
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