Regular readers of this blog know that
there are three things Subway must do to garner top-of-mind meal relevance with
consumers. According to Steven Johnson
Grocerant Guru® at Tacoma, WA based Foodservice Solutions® those three things
are edify Subway’s platform with branded convenient
meal participation, freshness
differentiation, while edifying the platform with individualization.
That said consumers migration from Subway
has been due to lack of freshness
innovation even more than consumer consternation with price point
abandonment. Once the industry leader
with the $ 5 Footlong consumers have move on to Del Taco, Taco Bell,
McDonald's, and Wendy’s we all know there is no need to keep going. Price is an issue for sure but the key driver is a lack of freshness
innovation according to Foodservice
Solutions® Grocerant ScoreCards. There is a battle for Share of Stomach and Subway is on the sidelines today.
All Subway franchisee including members
of NAASF must understand that Subway’s platform
for success has deep roots within the franchise organization and its franchise
must insist that the core of the brand be renewed with new electricity focused at edifying the brand with menu freshness including new menu items
that highlight freshness and flavor.
Chain restaurants that look more like
yesterday than tomorrow are simply stifling top line growth and bottom line
profits. Subway we ask just what is your new
electricity? What new meal
components, meals, menu items do you have in the pipe line with a branded clear
point of differentiation?
Branded innovation
is the platform for the new electricity, according to
Johnson; partnerships specifically strategic partnerships are driving
retail success today. Johnson
stated that in my minds-eye the new electricity must be very efficient for the
supply and includes such things as fresh
foods, grocerant consultants, urban
farming (produce, seafood, etc.), family meals, meal components, meal kits,
autonomous delivery, cashier-less retail, cash-less payments, digital hand held
marketing.
Retailers
the ilk of Subway to survive the next generation of retail must embrace the
artificial intelligence revolution while simultaneously
embracing fresh food that is portable, fresh, with differentiation that is
familiar but with a twist. That will require brands the ilk of Subway
to embrace new fresh food partnerships more now than ever before according to
Johnson.
Are you looking for a new partnership
to drive sales? Are you ready for some fresh ideations? Do your food marketing
tactics look more like yesterday that tomorrow? Visit www.FoodserviceSolutions.us or reach to Steve@FoodserviceSolutions.us
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