Private Label food is transitioning from price, then quality too branded
private label all the while garnering share from legacy food brand
manufactures. Now there are even private
label brand managers for fresh prepared ready-2-eat and heat-N-eat food. Legacy CPG’s companies are capitulating share
to both in store fresh food and private label store branded products.
Convenience Stores, Grocery Stores, Supermarkets can benefit greatly by
branding and building their private label ready-2-eat and heat-N-eat fresh
prepared food. The Nielsen Company CEO
David Calhoun when asked about the growth of private label or store brands, “Calhoun observed that retailer brands will continue
to gain at the expense of secondary and smaller brands. "U.S. retailers
are still in catch up mode toward world class brand strength," said
Calhoun, who added retailers’ move into store brands is "not a zero-sum
game. It’s a partnership to fulfill consumer needs." He said that
2 years ago.
Have times changed legacy CPG companies have lost the pricing edge,
quality advantage and in-store positioning advantage they once wheeled. Wegmans, 7 Eleven, Central Market, Whole
Foods, Wawa, Sheetz all have branded managers that excel at creating ilk niche
products. Many are creating new fresh and prepared meal components as an entity
with identity by day part which was once the top line growth space for CPG
manufactures. Yes, innovation has moved
back to companies and away from legacy CPG manufactures. Are your legacy brands
looking for new points of distribution?
We know where they are.
Creating or
identifying distinctive differentiated food consumable’s as an entity
with identity by day part in an area Foodservice Solutions excels
at. Understanding the unique balance
between palate, price, pleasure and the consumer’s drive for qualitative
distinctive differentiated new food consumables places us in a select industry
grouping. The food value proposition
equilibrium for the consumer today balances; better for you, flavor, and traditional products all blended into something with a twist. In industry speak, differentiated does not
mean different to the consumer it means familiar. Are you looking for a competitive edge? Contact: www.grocerant@q.com
Invite Foodservice Solutions® to complete a
grocerant program assessment, brand, product placement or positioning
assistance. Since 1991 Foodservice Solutions® of Tacoma, WA has been the global
leader in the Grocerant niche visit Facebook.com/Steven Johnson, Linkedin.com/in/grocerant
or
twitter.com/grocerant.
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