The convenience of eating at a restaurant instead of cooking at home to save time as a value is rapidly fading as grocery stores are selling, delivering fresh food fast in the form of meals, meal components, meal kits and fresh frozen foods according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.
Did you know that online sales of food and beverages in the United States reached $17 billion in 2018, a new report by Packaged Facts.
According to Package Facts, “through 2023, food e-commerce sales in the U.S. are forecast to increase 32% per year. As the availability of online grocery shopping expands and consumers begin to embrace online shopping for its convenience compared to shopping in-store, sales are expected to rise dramatically.”
Amazon’s acquisition of Whole Foods Market in June 2017 and its expansion into perishable items through AmazonFresh and Amazon Prime Pantry have prompted Walmart to increase investment in promoting online services and curbside pickup driving cost down.
The report found technology factors that are helping too disrupt the food industry:
1. cultural preference for convenience
2. a highly developed network of stores and malls
3. consumer tendency to spend significant amounts of time online
4. increased mobile/smartphone usage
5. improved website and mobile app interfaces
6. expansion of crowdsourced business models to delivery and shopping
Foodservice Solutions® team is here to help you drive top line sales and bottom-line profits. Are you looking a customer ahead? Visit www.FoodserviceSolutions.us for more information or contact: Steve@FoodserviceSolutions.us Remember success does leave clues and we just may the clue you need to propel your continued success.
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