Have
you been reading how snacking is now a trend? Asked if it we found it to be
Fact or Fiction? We answered Fiction.
Here is what we found with each new article on snacking the author
appears to be feasting on PR propaganda from restaurants chains with flat or
down customer counts and research firms pandering to public companies thirst for simultaneously rising check averages, top
line sales, and bottom line profits. Those main stream articles are more a kin
to lemmings running to a cliff than consumer fact.
The
simple truth is 30 years ago QSR chains sold a small beverage aka a soda and it
was a 10 oz. serving. Today, a small soda range from 16 oz. to 24 oz. for a
small that’s 60% to 140% larger than it was 30 years ago.
It’s
been 30 years that the industries prime focus has shifted from consumers, to
stock analyst, and the bottom line, too an ever increasing waist line. The
consumer has caught on. For five years customers have migrated from restaurants
to C-stores and other non-traditional fresh food outlets offering mix and match
meal bundling. That meal bundling included single serve fix size beverages not
unlimited soda fountain drinks as a draw. Consumer prefer fixed size over
unlimited. That is but one example.
Consumers
also want to spend less, eat less, but want ‘better for you’ options at meal
time. Those snack ideations most often mentioned in articles are equivalent to
a basic burger in both portion size and calories that once drove exponential
growth in the QSR sector. Why would anyone in this industry think the customer
moved? They have not.
The
industry has moved in a direction away from the consumer and closer to Wall
Street. The tipping may be closer than you think. Momentum is a powerful thing
and five years of flat and declining customer counts within the overall
restaurant industry has provided ample time to bolster the hopes of the new
competitors focused on consumers. Those competitors are positioning right
sized, drinks, menu items, and deserts.
There
has been no tectonic shift in consumption patterns the only shift that can be
quantified over the past five years is consumers migrating to right sized,
right priced Ready-2-Eat and Heat-N-Eat offerings.
Ready-2-Eat and
Heat-N-Eat fresh prepared food continues to drive top line sales and bottom
line profits. Mix and Match meal bundling empowered by consumer choice is
finding a home at non-traditional fresh food outlets aka the Grocerant Niche.
Consumers have said enough is enough reduce portion size and price while adding
bold flavors and we will come. Snacking
is not a trend it is mislabeled propaganda.
Are you trapped doing what you
have always done and doing it the same way?
Interested in
learning how Foodservice Solutions 5P’s of Food Marketing can edify your retail
food brand while creating a platform for consumer convenient meal
participation, differentiation and individualization? Email us at: Steve@FoodserviceSolutions.us
or visit: www.FoodserviceSolutions.us
for more information
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