Don’t
worry you are not being left out in fact Boomers, Millennials, Gen X are all
equally resetting the Price, Value, and
Service Equilibrium in retail foodservice. A Danish Philosopher once said: Life can be understood
by looking backward, but must be lived by looking forward.” Looking forward new
metrics are needed for new results.
Today, in a world where all shopping has become
faster, food has become more portable and price is increasing important
Foodservice Solutions® GrocerantGuru™ Steven Johnson has developed a formula for
establishing positive consumer equilibrium. Here is his formula:
Price
+ Quality + Service + Portability = Value
Incremental Value = Constantly Changing Menu
(Seasonally / Sustainability with creditability).
Wonder
why? It’s simple both boomers and millennials are increasing single. The United States census reports that 50% of
adults over the age of 18 are single.
Restaurateurs need to be particularly mindful of developments within the
Ready-2-Eat and Heat-N-Eat fresh prepared grocerant niche for they are driving
the change within the price, value, service equilibrium in retail foodservice.
Today,
boomers are fast becoming a generation of Point, Click, Eat millennials are
becoming a generation of Seek, Share, Like an unlikely commonality at first
glance but a technology bond has evolved into food retail commonality. Here are
some of the new combined consumer’s commonalities:
- Ready-2-Eat
- Fresh, local better for you
- Portion size options, single serve
- Multiple choice of sides and entree per day
- Portability
- Heat-N-Eat
When the Danish Philosopher said: Life can be understood
by looking backward, but must be lived by looking forward”, The industry now
knows who looked back, built a foundation of knowledge and built a successful
vision. However all of us must not
forget to keep stepping forward.
Looking back we have learned that Success does leave clues; during the
past 20 years senior executives at Tacoma, WA based Foodservice Solutions® have
an outstanding record of seeing and understanding the evolving retail
foodservice space and helping companies succeed.
In an article titled “CALL THEM GROCERANTS in Foodservice
Director, August15, 1996 or “Understanding the Value of Restaurant Branding” in
Nation’s Restaurant News August 21, 1995 outlining the power of restaurant brands
within their environment both foretold our current retail world. Foodservice Solutions® even forecasted the
growth of both cook chill and sous vide in; “Beyond 2000: Growing your top and
bottom line” Nation’s Restaurant News, April 7, 1997.
Success does leave clues outside
eyes can deliver inside sales. What are you bundling with you core products?
Who are your customers? Where and how
can you sell your customers more? For
more Visit www.FoodserviceSolutions.us or http://www.linkedin.com/in/grocerant or
twitter.com/grocerant
Steven
Johnson is the 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.
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