If you have not ever been to a Costco you need to visit
one. Costco has become a destination for consumer looking for Ready-2-Eat or
Heat-N-Eat fresh prepared food according to Steven Johnson,
Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Regular
readers of this blog understand that within the fresh food sector the Price, Value, Service Equilibrium is evolving and Costco is one company that is driving
change, while garnering incremental customers.
Most consumers think of Costco as a place to buy a rotisserie chicken that is more
flavorful, fresher, and larger than other companies sell. Most important is Costco’s rotisserie chicken
is only $4.99. According to Johnson move
over chicken as consumers continue to migration to Costco’s Take-N-Bake or
Ready-2-Eat fresh made and fresh baked pizza.
In fact according to its most recent Pizza Consumer Trend
Report, found that 43% of consumers eat pizza at
least once a week. The report found that
Costco foodservice consumers surveyed, called the pizza “affordable,”
“delicious,” “reasonably priced,” and “cheap,” along with being craveable and
unique.
What
is important to note is that both the rotisserie chicken and pizza have
consumer definable differentiated flavor profiles that separates, elevates, and
distinguishes them from many legacy competitors.
The
report found that 49% of shoppers want more authentic pizza offerings, and 44%
of shoppers choose pizza operators who use high-quality/fresh toppings and
ingredients. Clearly Costco has differentiated authentic full-flavored fresh
food according to Johnson.
Ready-2-Eat and Heat-N-Eat
Fresh Prepared Food
Helps Drive A
Larger Share of Stomach
Business
Insider recently reported that Costco “sells generous pizza slices for $1.99
and whole 18-inch pies for $9.95, is now the 14th largest pizza retail chain in
the country”. That’s right Costco is the
14th largest pizza chain in the US.
It’s clear Costco is driving change within fresh food retail
specifically the Price, Value, Service Equilibrium.
Interested in learning how Foodservice
Solutions 5P’s of Food Marketing can edify your retail food brand
while creating a platform for consumer convenient meal participation, differentiation
and individualization? Email us at: Steve@FoodserviceSolutions.us or
visit: www.FoodserviceSolutions.us for more information.
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