The 65 Inch HDTV Syndrome Continues to Disrupt Retail Foodservice

 

Foodservice Solutions® recent Grocerant ScoreCards continue to indicate that at the intersection of the consumer, technology, and retail food sales we find the grocerant niche creating and expanding points of quality food distribution according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. 

 It’s at that intersection that Foodservice Solutions® Grocerant Guru® identified one universal commonality driving consumers buying pattern changes with the latest Grocerant ScoreCard finding that 83.2% of meals served at home include at least one Ready-3-Eat or Heat-N-Eat fresh food meal component. 

Johnson calls it and extension of the “The 65 Inch HDTV Syndrome he identified, quantified, and qualified back in 2012.

For new readers of this blog, the grocerant niche is the result of the blurring line between restaurants, grocery stores, convenience stores, and drug stores all selling fresh prepared, portable, convenient meal solutions.  Targeted at the time-starved consumer with Ready-2-Eat or Heat-N-Eat fresh prepared food components that are perceived “better for you”, and portioned for one or two. Consumers like the Convenient Meal Participation, Differentiation, Individualization / Family Customization that these retailers offer.

Restaurateurs need to be particularly mindful of developments within grocerant niche for they are driving the change within the price, value, service equilibrium in retail foodservice.

It is at the intersection of the consumer, technology and The FIVE P’s of Food Marketing: Product, Packaging, Placement, Portability, and Price that retail food sales competition is expanding.

The 65 inch HDTV Syndrome is driving customers away from frozen foods as well. In a study from Packaged Facts, reports that sales in the $44 billion U.S. retail market for frozen foods have been up to flat with nearly all dollar sales gains attributable to inflation or new products with increased demand driven by consumer demand.

The study found that Preference for 57 % of consumer say fresh foods the top reason why US consumers have not purchased frozen foods in the last three months, followed by preference for home-cooked meals.

Fresh prepared ready-2-eat and heat-N-eat food in non-traditional outlets poses an ever-increasing threat to restaurant growth. Want to know how to best address the 67-inch HDTV Syndrome? 

For international corporate presentations, educational forums, or keynotes contact: Steven Johnson Grocerant Guru at Tacoma, WA based Foodservice Solutions.  His extensive experience as a multi-unit restaurant operator, consultant, brand / product positioning expert and public speaking will leave success clues for all. For more information visit www.GrocerantGuru.com , www.FoodserviceSolutions.us or call 1-253-759-7869