Foodservice Solutions® Grocerant Guru Steven Johnson developed the 5 P’s
of food marketing which are: Product, Packaging, Placement, Portability and
Price. When grocerant Ready-2-Eat and
Heat-N-Eat fresh and prepared food is thrown into the mix consumer frequency
and customer loyalty both increase for retailers driving top line sales and
bottom line profits.
Simply look at
the US retail foodservice growth and sales leaders of today. Trader Joe’s, Chipotle Mexican Grill, Five Guys Burgers & Fries, 7
Eleven are all growth leaders. Trader
Joe’s leads in sales per square foot at over $1,750 per Sq. Ft. Chipotle, Five
Guys and 7 Eleven are all growing units and garnering share of stomach from
everyone else. All are members of the
grocerant niche.
One
of the most interesting new developments is bundling of the meal components
with a “better for you” focus. It’s a
mix and match game that is very empowering for the consumer. Consumer’s select by meal occasion what
“better for you” attribute they want. It
can be fresh hamburger, low salt, cooked to order, or green packaging.
Don’t
discount the value of consumer choice or limit the world of “better for
you”. Mix and match of small portion,
fresh products, green packaging all are contribution to making meal time a time
of convenient
meal participation, differentiation and individualization and
consumers are responding.
Since 1991
retail food consultancy Foodservice Solutions® of Tacoma, WA has been the
global leader in the Grocerant niche for more on Foodservice Solutions® Bing or
Google Grocerants or visit http://www.linkedin.com/in/grocerant,
twitter.com/grocerant or Facebook Steven Johnson
www.FoodserviceSolutions.us Contact: Steve@FoodserviceSolutions.us
www.FoodserviceSolutions.us Contact: Steve@FoodserviceSolutions.us
ReplyDeleteThanks for sharing such a great information..Its really nice and informative.
Loyalty Marketing Solutions