A
restaurant brand is an invitation to a platform of food, flavor, and fun
according to Steven Johnson Grocerant Guru® at Tacoma,
WA based Foodservice Solutions®. For
Little Caesars this year’s NCAA basketball tournament proved to be an
invaluable platform for new electricity to drive brand trial and adoption.
Little Caesar Enterprises. store visits spike on April
2 thanks to the pizza brand’s unexpected “If Crazy Happens” promotion,
according to consumer analytics firm Sense360. That right Little Caesars
offered a free $5 “Hot-N-Ready” lunch combo if a No. 16-seed team were to upset
a No. 1-seed team during the NCAA’s annual March Madness college basketball
tournament.
And
“Crazy Happened,” A Little Caesars company spokesperson said. .
Eli
Portnoy, CEO and co-founder of Los Angeles-based Sense 360 said “Amazingly, this unprecedented event
occurred when the University of Maryland Baltimore County beat the University
of Virginia,” Sense 360 aggregates anonymous data from more than 100 million
yearly restaurant visits and more than 300,000 yearly survey responses. The
data is gathered daily according to Sense 360.
Little
Caesars made good on its promise, offering the free pizza combos to anyone
visiting between 11:30 a.m. and 1 p.m. on April 2. “This huge promotion
caused their Brand Draw to spike from 5 percent over the past 365 days all
the way to 11 percent during this promotion, which would place them in our Top
10 for that day,” Portnoy said.
Portnoy
said Sense360’s “Brand Draw” metric looks at the percent of market share that a
brand attracts within half a mile of each of locations. “This metric normalizes
the playing field for a brand with 400 locations vs 4,000 locations,” he said,
“as it just looks determines how often guests choose a brand versus all other
competitors when they are within striking distance.”
According
to Sense360 data, the traffic lift was substantial.
“The
pizza chain generated a 154 percent lift in visits during the promotion while
grabbing 2.95 percent of all LSR [limited-service restaurant] visits,” Portnoy
said. “The promotion also did a nice job bringing in new and lapsed guests,
with over 52 percent of visitors during the promotion being either new or
lapsed.”
Are you
trapped doing what you have always done and doing it the same way? Interested in learning how www.FoodserviceSolutions.us can edify your
retail food brand while creating a platform for consumer convenient
meal participation, differentiation and individualization? Email us at: Steve@FoodserviceSolutions.us or visit: www.FoodserviceSolutions.us for more
information.
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