The consumer remains consistent it’s the food retailers that evolved to fast. Back in the day when I was a fast food
franchisee we sold a bundled meal consisting of a 10oz soda, a 1.8 oz. French
fry, and a 10 to 1 burger. Today a small
soda at most fast food outlets is 24%?
Our Grocerant Guru® thinks it’s time to
bundle small meals again. After all
small meals cost less and in the aftermath or our economic slowdown consumers
are shifting their attention to a host of money-saving measures.
NPD’s
Generation Study: The Evolution of Eating found that “Annual eatings per capita
of snack food at main meals is forecast to grow by 12% by 2024. There are 12
billion snack visits made to restaurants and other foodservice outlets, reports
NPD. When snacking replaces an away-from-home meal, the meal is most often
lunch. Eight% of foodservice snack visits occur during the lunch
time frame. Morning snacks represent 23% of foodservice snack visits and
evening 30%.
In
a recent study of convenience store shoppers titled Realities of the Aisle found
66% say they shop at a c-store to buy snacks, compared to 98 percent who
frequent c-stores to buy beverages (both packaged and dispensed). Convenience stores excel and grocerant niche
Mix and Match meal bundling. Let’s
look at some more facts from the study:
1. For shoppers in the
18-24 age range, however, buying a snack is even more of a convenience store
trip driver — 73 percent of these shoppers cite it as their reason for going.
2. When asked about
their c-store purchases in the past month, nearly 63 percent of all the
shoppers CSNews surveyed indicated they made a purchase in at least one
of the four snack segments tracked in the study: salty snacks, sweet snacks,
meat snacks, and energy/nutrition bars.
3. Among frequent
c-store shoppers (daily and weekly visitors), a whopping 70.1 percent made a
snack purchase, significantly higher than infrequent c-store shoppers (at 58.4
percent).
4. Of the snack segments tracked, packaged salty
snacks are the most popular snack purchase, with 45.9 percent of total
respondents crunching away. Salty snacks are purchased by more than 50 percent
of shoppers aged 35-54, and a majority of shoppers with children in the
household.
5. Packaged sweet snacks
are more popular among women than men (40.6 percent vs. 31.7 percent
purchasing, respectively). Additionally, shoppers aged 35-44 are the most
likely to make this purchase (at 42.9 percent) than consumers in any other
bracket.
6. Retailers will find
male shoppers in the meat snacks aisle, where they are more likely to make a
purchase than females (23.2 percent vs. 18.8 percent, respectively).
Regionally, meat snacks are the most popular c-store snack purchase in the
Midwest and West regions of the U.S.
7. Energy/nutrition
bars, purchased by 11.9 percent of the total, also draw more male buyers than
female. This type of snack, often perceived as "better-for-you," is
also more popular among the highest income group earning $100,000 or more a year.
So
here is my point in our Omni-Channel retail world where restaurants, grocery
stores, and convenience stores all compete for share of stomach.
Expanding grocerant niche mix and match offerings will expand your brands
reach. Increasing portion size is not
the solution, mix and match bundled meal components is much more inviting for customers.
Invite Foodservice Solutions® to complete a Grocerant
Program Assessment, Grocerant ScoreCard, or for product positioning or placement
assistance, or call our Grocerant Guru®. Since 1991 www.FoodserviceSolutions.us of Tacoma, WA has been the
global leader in the Grocerant niche.
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