When the question of
the day is ‘What’s for Dinner’ the first thing consumers do today is think
about asking Google What’s for Dinner. A
recent Tacoma, WA based Foodservice Solutions® study found
every day at noon in the United States 83% of consumers do
not know what’s for dinner, and at 4 PM 69% of consumer still do not know ‘What’s
for Dinner’ according to our Grocerant Guru® Steven Johnson.
In
a new study by Market Track, which surveyed 16 product categories, 80% of
respondents said they would do online price comparisons in all categories
before making a purchase in a physical location. "Even with consumers
indicating their preference to purchase items in-store, the highly competitive
online environment is impacting brick-and-mortar results. Decreases in profit margins
can be attributed to shoppers being armed with more pricing and comparison
information,” said Traci
Gregorski,
senior vice president of marketing at Market Track.
Our
Grocerant Guru® found that consumers
begin thinking about ‘What’s for Dinner’ seriously by 4 PM. The ability of
consumers construct a family meal utilizing real-time menu’s, special of the
day, pricing and other online information such as ratings, locations and
reviews at their disposal the path to purchase in many cases today can be found
in the ‘palm of the consumers hand’ within the smartphone’. In fact Market Track found that for those aged
21 to 29, 47% primarily shop via mobile, 31% indicate they prefer online and
22% prefer to make a purchase in store.
So
the question becomes can your brand compete with marketing communications from
the likes of Google, Amazon, or Facebook? Will consumers start buying dinner
from Amazon instead of going out to dinner? The team at Foodservice Solutions®
thinks that could be the case.
Amazon’s Click and
Collect
just might work after reading this in the Market Track study “Of all
respondents, 87% shop on Amazon and 1 in 3 do so at least once a week. The
selection of products is the No. 1 reason for shopping the e-commerce
giant.” If dinner, meal kits, or
grocerant Ready-2-Eat and Heat-N-Eat fresh food are available at Amazon can you
brand compete? How often do consumers
visit your App, website, or brick & mortar store? Do they visit once a week, twice a week,
three times a week, or once every 21 days?
Do your marketing
communication tactics and look more like yesterday that tomorrow? Visit
www.FoodserviceSolutions.us for more information
or contact: Steve@FoodserviceSolutions.us Remember success
does leave clues and we just may the clue you need to propel your continued
success.
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