Millennials in search of food discover consumers are
now driving the growth of Omni-Channel food retail according to Foodservice Solutions® Grocerant Guru® . The success of Ready-2-Eat and Heat-N-Eat
fresh prepared food has
been documented, talked about and written about for one reason of late. It is
driving top line sales and bottom line profits within existing points of
distribution and more importantly at non-traditional points of fresh food
distribution garnering share from legacy food retailers.
If
you are not cultivating a brand you are simply curating your brand? Are you
still doing what you did in 1999, 2005 or 2014? Is your food company prepared to succeed in
2017, 2019 … 2025? Here are some of the advantages to entering or expanding
your business within the grocerant niche:
Abandon Brand Protectionism
If you want to garner
additional customers to drive top line growth you must look outside of for
current box. Brand protectionism is dying. Are you over protecting your brand? Most large food retailers, big companies,
have a narrow brand focus. That ways
yesterday’s strategy for yesterday’s customer.
It time to look a customer ahead not protect what worked 20
years ago. Most legacy retail food brands have honed their brand and supply
chain. They have set and defined boundaries, and continue to limit the brand to
those predefined boundaries.
Time and technology have redefined the consumer playing
field. Your brand must become dynamic again or risk losing consumer relevance.
There is a huge opportunity for share of market if you elect to evolve you brand with
migrating fresh food consumers in take-out and take-way options.
Customer Outcomes Trump Customer Status Quo
Are
you paying your C-team to play it safe? Large food retailers typically pay more
at the C-level, and are seen as stable employment currencies (not-taking risk).
While do no harm was the C-Level mantra of the 1980’s, 1990’s and 2000’s no one
ever said do noting or do the minimal.
The
grocerant niche when vertically integrated into an existing brand creates a new
level of excitement within the entire company. When sales grow, the opportunity
for advancement expands, building team momentum, excitement explodes like a
wildfire. Customers can feel the proactive positive buzz from employees. Doing
the same old thing is simply doing nothing and is boring for your team. Doing something new is soaring. Customers
notice companies on the move and reward them,
Consumers are Dynamic not Static
Change
is incredibly dynamic, consumer focused changed is contagious. Change evolves
and will go through a bell curve, and you see the whole thing step by step when
you vertically integrate change into brand and consumer values. If not
integrated you do not really get to escape the velocity of the event, but
change is exciting nonetheless and customers will still follow.
Consumer Relevance Will Drive Momentum
Are
you going to tangibly impact your company or maintain the status quo? Today
like never before companies have the ability to evolving a brand at a speed not
seen since your company was a start-up. What impact are you going to have on
your company? There is a difference between the work you do and the impact you
have. Fresh Food retailing is evolving at break neck speed, evidenced by the Dollar Store formats selling more foods and Walgreens selling fresh foods and doing it well as you can see from this
video of a Walgreens in San Francisco. Is your brand evolving fast?
Success Steps are a Springboard to Profitability
Are
you not growing because of Obama Care, the minimum wage hikes, or lack of
qualified workers? If you do nothing but wait, watch or blame the economy you
are very likely to simply spin out of control. Redefining your brand with
consumer relevance will position you too either create a positive spin off or
springboard to the next level. Legacy organizations need to be mindful that
springboards do great things for your organization, your team and your
shareholders.
Foodservice Solutions® is clue # 1
Today,
LTO's (Limited Time Offers) can drive top line sales and bottom line profits
while taking you in a new direction. Are your LTO's leading your brand, testing
your brand or simply copy-cat marketing tactics absent strategy?
Fresh prepared Ready-2-Eat and Heat-N-Eat food in
non-traditional outlets poses an ever increasing threat to restaurant growth,
is a pantry buster for grocery stores, and a quagmire for C-stores. . Want to
know how to best address these new competitive threats? Contact Steven Johnson Grocerant Guru® at: www.FoodserviceSolutions.us 1-253-759-7869
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