Grocerant
niche Mix and Match meal component bundling (4-for-$4) help drive Wendy’s sales in its North America up as they reported
an increase 3.1 percent during the third quarter, leading the chain to raise
its sales guidance for the full fiscal year. Wendy’s new
4-for-$4 promotion
also contributed to the improved outlook, CEO Emil
Brolick
said in a statement.
Foodservice
Solutions® Grocerant Guru® stated “the halo of better for you and customer
empowerment is a key driver of the ongoing success of Grocerant niche Mix &
Match meal component bundling promotions which tie closely to The
FIVE P’s of Food Marketing.
So
what’s next, capitalize on the ‘halo of better for you’ at Wendy’s? One of the products the burger chain has in test in the
pursuit of its cut-above menu strategy is a black bean burger, revealed outgoing CEO Emil Brolick. He wasn’t
forthcoming on the particulars, but did note the product “remains under
evaluation,” meaning it’s not being written off yet as a wild-hair idea.
Wendy’s
is not first at trying a vegan burger, Burger King has tried a veggie burger in the past,
and McDonald’s currently sells one in overseas
markets. To date North American
consumers haven’t warmed to the notion of a meatless patty, but signs abound
that attitudes may be changing. But “plant forward” is a new buzz phrase catching
hold on leading-edge restaurants. It’s also been heard from the
menu-development team at Panera Bread.
‘Better
for you’ is not limited to food at Wendy’s. Todd Penegor, who will replace Brolick as CEO in May under a
preset succession plan, pulled the curtain back on what Wendy’s is doing
tech-wise. Like many other quick-service chains, he revealed,”
Wendy’s
is wading into pre-ordering and payment via smart phones.” In addition, it’s experimenting with the
complementary use of beacons, a device getting considerable attention but so
far little actual use in the quick-service sector. The beacons would enable
customers to pay for their orders at the counter and drive-thru without having
to take their phones out of pockets or purses, Penegor said. That capability
could shave precious seconds off transaction times.
Success
does leave clues. Are you trapped doing what you
have always done and doing 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
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