Harken
back to 1965 when 7 Eleven introduced the iconic Slurpee. Since 1965 millions
upon millions of consumers (mostly kids) around the world had delighted and
cooled down on a hot July day with a 7 Eleven Slurpee that is branded, licensed
and thriving. Don’t think for a moment 7 Eleven is not serious about food.
7
Eleven has branded food products with outstanding success. Today 7 Eleven continues to introduce new
consumer focused foods that are hot, perceived fresh and targeted for time
starved economy stretched consumers. The latest new product offerings include
small portioned items that can be mix and matched and bundled into a customized
personal meal including: “corn dog bites, mozzarella sticks with a side of
marinara sauce and chicken chipotle Go-Go Taquitos”.
These new items are
targeted at a new set of consumers according to Kelly Buckley, 7 Eleven’s VP of Fresh Food Innovation who said "Millennials and the generation coming behind
them are snackers, and I don't see them returning to the traditional
three-meals-a-day standard," …"They were busy as youngsters, and life
has gotten no less hectic for them as young adults. Kids, teens and
20-somethings are the biggest snackers. As even meals become more snack-like,
7-Eleven is adding smaller portions, mini-sizes and bites, and the public is
eating them up, so to speak."
QSR’s have some new
competition from 7 Eleven who with these new bundled options offer price and
positioning that is attractive to Millennials and parents of snackers.
- Corn dog bites are wrapped in a
rich cornmeal batter, cooked to a golden crisp and served warm at a
suggested retail price (SRP) of $1 for three.
- Mozzarella sticks are made from
100-percent mozzarella cheese sticks, breaded with Italian-seasoned
coating, baked until the cheese melts and served with a side of tangy
marinara sauce. SRP is $1.49 for four.
- The chicken chipotle taquito uses
chipotle peppers to add a kick to the chicken and cheesy Monterey Jack,
asadero and mozzarella filling. It is specially priced at $2.29 for two.
With 50,375+ units around the world no food retailer should
discount the competitive fresh food focus of 7 Eleven. Nor should they forget how good that Slurpee
was back on a hot day in July in 1965.
Interested
in learning how the 5P’s of Food Marketing can edify your retail food brand
while creating a platform for consumer convenient meal participation, differentiation
and individualization contact us via Email us at: grocerant@q.com or visit
Facebook.com/Steven Johnson, Linkedin.com/in/grocerant or
twitter.com/grocerant
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