How old is your Brand Acting? Forty-four years ago that the first Starbucks
opened in Seattle at the Pike Place market this year Starbucks will highlight
food and beverage deliver, customer loyalty, and an expanding technology business model. Today, as
they race to the 50 year mark Starbucks continues to lead its sector and is an
example for the entire restaurant industry that evolving with the consumer
works.
Yes the company continues to evolve during the first
20+ years that current CEO Howard Schultz was leading the company Schultz refused to sell
food. Starbucks always sold non-food
items that complemented and extended the Starbucks experience and brand yet
Starbucks shied away from selling meals.
In fact with ease you can find article after
article, and definitive statements from Schultz that Starbucks would never sell
food.
Success does leave clues and Starbucks customers
were evolving and Schultz listened then began selling food. Selling food did
not go so well at the beginning it may have been because the effort appeared
half-hearted. That’s all changed.
During a recent presentation Foodservice Solutions®
Grocerant Guru™ asked the audience “if your company was 44 years old, had 21,000+
units operating around the world in the current prolonged economic conundrum
how would your sales be up or down?” The vast majority of the audience
responded a resounding DOWN.
Well, we all know today that. Starbucks, with 21,000+ units in the fourth
quarter of this year marked its 6th consecutive year in which comparable sales
rose more than 5 percent in the U.S. and more than 6 percent globally. Have you evolved with your customers? How
long has your restaurant been in open?
Evolving with consumers at
times means expanding product offerings, brand positioning, and messaging. Consumers are dynamic not static and your
brand should be as well. Is you brand
Boxed In? Can outside eyes help you
drive top line sales and bottom line profit too?
The Ready-2-Eat and Heat-N-Eat
fresh prepared food aka grocerant niche has no better example of success than
Starbucks. Starbucks ability to adapt
and evolve with consumers and willingness to extend its brand and products
within our current Omni-channel retail is an example for all.6
For international corporate
presentations, educational forums, or keynotes contact: Steven Johnson at www.FoodserviceSolutions.us His
extensive experience as a multi-unit restaurant operator, consultant, brand /
product positioning expert and public speaking will leave success clues for
all.
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