Our Grocerant Guru®, Steven
Johnson while reading about restaurant business complacency found this on Quotabulary.com
and he thinks you will like it. “Complacency
is a rigid illusion nursed by those who embrace mediocrity as a way of their
life. A dangerous disguise, it also deprives people of opportunities and brings
growth to a standstill”. Is your
restaurant brand stuck?
So, back in the day (2009), Domino’s awoke from a long period of
brand protectionism practices, self-imposed rules that contributed to stifling
sales growth, product quality, and a loss of customer relevance i.e.
complacency. Domino’s was the first
major retail brand to discard it core product for and completely new one since
the failed rebranding of Coco Cola. It was a huge risk. Guess what Domino’s won. Today, Domino’s is
described as a ‘Tech’ company selling pizza. That my friends is not
complacency.
Domino’s
did what I call Ground Branding. It is
not back to the basic’s, it is a macro step, not a micro step, it’s a step into
the future of brand marketing, positioning essential for legacy brands they want
continued consumer relevance.
Ground
Branding means repositioning a product or a company focusing on the core
foundation of the legacy product or companies’ value with a dramatic shift in
contemporized customer relevance. Simply
put incremental steps are not enough today.
In
Seth
Godin's book Purple Cow where an entrepreneur wants to recapture some of
the magic that the brand at one time had. Godin suggests that the key to
success is finding a way to stand out and be remarkable, like a purple cow in a
field of regular cows. That’s what Domino’s did and the company has never
looked back.
Rebuilding customer relevance is
important if a brand somehow grows out of touch. In the case of Domino’s one macro ground branding move contributed driving
customer relevance and sales momentum that continues today.
According to Steven
Johnson, Grocerant Guru® at Tacoma, WA based
Foodservice Solutions® Domino’s chose to resetting the Price, Value, Service
equilibrium within pizza space with technology.
While Johnson was the first to
reveal, reevaluated, and re-engineer the Price, Value, Service equilibrium and
here is that new formula: Price + Quality + Social + Portability
= Value. Domino’s has shown everyone
how to look outside the box to drive relevance.
The challenged for
any food retail within the Ready-2-Eat or Heat-N-Eat fresh prepared grocerant niche
is the ability to see and understand the customers focus at its core evolve,
not your brands core. Success does leave clues and companies leading the charge
in 2020 will be leaders within their niche for years to come.
Food retailers that
do not evolve be warned that the rest of will be reading headlines that C-level
change is coming or came at your company. Without bold new leaders many legacy
retail food brands may simply become non relevant. In the event that they are
more about their brand than the consumer they will simply fall to the way side.
Do you need outside eyes to help drive top line sale and bottom-line profits?
Are you trapped doing what you
have always done and doing it the same way?
Interested
in learning how Foodservice Solutions Five P’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 or visit: www.FoodserviceSolutions.us for more information
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