Success does leave
clues and regular readers of this blog know that Steven Johnson, our Grocerant
Guru® at Tacoma, WA based Foodservice Solutions® has been speaking highly of
YUM! Brands and Greg Creed since 2015 as Yum Brands has been
evolving with consumers, address grocerant niche customer migration and taking
positive action steps.
Regular
followers of this blog also know that Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® thinks there is one dominate element that
will power success within retail foodservice over the coming years.
Johnson calls it the new electricity that is
partnerships specifically strategic partnerships. The new
electricity must be very efficient for the supply and includes such things
as fresh food, sustainable
packaging, local beer & wine, urban
farming (produce, seafood, etc.), autonomous delivery, cashier-less retail,
cash-less payments, digital hand held marketing. Yum Brands GrubHub
partnerships is all of that.
Food
companies the ilk of Restaurants Supermarkets, Conveniences Stores, Dollar Stores, and
Department Stores selling food that want to survive the next generation of retail
must embrace the artificial intelligence revolution while simultaneously embracing Ready-2-Eat and Heat-N-Eat fresh food.
That will require brands to embrace new fresh food partnerships more now than
ever before according to Johnson.
In a move to garner
incremental customer relevance across all of Yum Brands banners CEO Greg Creed made a power move in fast food’s delivery this
week announcing an expansive U.S. partnership with third-party giant GrubHub.
Partnerships that
work are good for both companies first KFC and Taco Bell’s ability to offer
online ordering,” in all existing GrubHub markets is a win for both
brands. However with a $200,000 Million
Dollar investment into GruHub clearly the partnership begins with plenty of
respect on both sides. The cash inflow
will allow GrubHub the ability to build out new markets for expanded delivery
service with building restaurants waiting for the taking.
Close to y half of YUM!’s 45,000
restaurants already offer pickup and delivery via online ordering. Greg Creed,
CEO of Louisville, Ky.-based Yum, said KFC delivery is being tested in several
markets, citing Indianapolis, Ind., Louisville and Omaha, Neb.
What GurHub and Yum Brands have done is
take legacy delivery programs and integrate a platform for branded consolidated
catering to be offered market by market.
Yum Brands consolidated catering program now has Take-Out, Online-Line
Ordering, Mobile Ordering and Delivery. Today
Yum Brands marketing strategy looks more like tomorrow than yesterday. What does your marketing strategy look like
Yesterday, Today or Tomorrow?
Once Greg Creed shows he understands
the mind-set of the grocerant consumers and he is doing all the right things
according to Johnson. Proof YUM! is purchasing $200 million of common GrubHub
stock, enough said. What’s under your catering umbrella, yesterday’s tactics or
tomorrow’s strategy?
Are you ready for
some fresh ideations? Do your food marketing tactics 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 have the clue you need to propel your
continued success.
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