Amazon Go and all fresh food retailers have
noticed discontinuity in consumer food shopping behavior and all are fighting
for a larger share of stomach. Contributing
to this displacement is a focus on short term market metrics particularly price,
quality, and portability according to Steven Johnson, Grocerant
Guru® at Tacoma, WA based Foodservice
Solutions®.
Today, the price, value, service
equilibrium is resetting within the Grocery sector, Restaurant sector, Convenience
store sector, along with new non-traditional points of fresh food distribution.
Consumers are looking for new products, new packaging, and time saving meal options
according to Johnson.
Amazon
Go, Mill Valley is its most recent unit to open. It is a large step forward for an urban concept
placed in the suburbs. To large a step for success according to Johnson. The consumer is dynamic not static and Amazon
Go is moving forward, but just might have to take one step back.
Here is where Amazon
Go missed the mark with the Mill Valley store. First the location it is a secondary
site at best. At the intersection Intellectual
Quotient (IQ) and Emotional Quotient (EQ) the data from Amazons IQ overwhelmed
the customer focused touchpoint of EQ. While
the store is in up-scale Mill Valley a C-store customer is still a C-store customer. Someone at Amazon Go does not understand the mind-set
of that customer yet.
They had the right products, wrong
pricing, sizing, and placement within the store. Lost in the shuffle of attempting to do to
much is the fresh food, aka made to order meals and meal components. Great
flavor, slow service, menu of yesterday’s entrée’s not todays.
Here is why I like Amazon
Go. Food industry success is a four-step
process according to Foodservice
Solutions® Grocerant Guru® Steven
Johnson. Those four steps are Build, Measure, Learn, and Repeat and
there is no company better at Build, Measure, Learn and Repeat than
Amazon. Amazon Go will evolve from this
miss step and be better positioned several years from now to compete with the
ilk of Sheetz, Rutters, Wawa.
Right now, 7-Eleven, BP’s ampm, and
Circle K all have a step up on Amazon Go.
No comments:
Post a Comment