Customer relevance
is important to maintain. It does not
matter what industry you are in consumers are dynamic not static and when the
customer evolves retailers must as well according to Steven Johnson, Grocerant Guru®
at Tacoma, WA based Foodservice Solutions®.
Let’s face it
Kombucha is the hot beverage and when Peet’s
Coffee announced
that bought a majority stake in kombucha maker Revive Kombucha, with
promises to bring the company’s drinks to more grocers and its own coffee shops
everyone knew that Peet’s Coffee was
keeping pace with consumers.
Revive Kombucha offers bottled
and on-tap kombucha and
has more than doubled in size over the past year. Peet’s said that its
financing will enable the brand to grow its operations and increase its distribution
through the coffee company’s network.
Peet’s
operates well over 200 coffee shops, mostly out West, and has a considerable
retail business inside grocers and its e-commerce platform. The company said
that it expects to expand Revive’s market into those channels.
Eric
Lauterbach, president of Peet’s consumer division, stated “Kombucha is a
natural adjacency to ready-to-drink coffee and our consumers tend to love
both,”… “Adapting our growth strategy to extend access and trial of superior
beverage choices across channels in new and convenient locations is key.”
The
deal continues a trend in which coffee chains are looking to expand into tea
and other beverage products. Starbucks, for instance, closed its Teavana shops
to focus instead on expanding that brand at grocers and other retail locations
as well as its own coffee shops.
So, we ask how are
you expanding your brand with relevance?
Invite
Foodservice Solutions® to complete a Grocerant Program Assessment, Grocerant
ScoreCard, or for product positioning or placement assistance, or call our
Grocerant Guru®. Since 1991 www.FoodserviceSolutions.us of Tacoma, WA has been the global leader in
the Grocerant niche. Contact: Steve@FoodserviceSolutions.us
or 253-759-7869
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