Showing posts with label Cravings. Show all posts
Showing posts with label Cravings. Show all posts

Sunday, August 12, 2018

Dunkin Donuts Refresh Renew Run Menu


Timely menu up-dates add relevance edifying consumers to your brand.  There are times that when the customer has moved more than you brands product and messaging you need a complete refresh according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.
When fast food industry icon and industry leader McDonalds extend its breakfast menu from breakfast only to offering breakfast menu items all day long the consumer mindset shifted from coffee shops and donut shops to fast food burger drive-thru’s according to Johnson.
Dunkin' Donuts once the sole leader in the breakfast daypart has elevated its focus to coffee and doughnuts chain wants to be more competitive in all four day-parts. Leveraging the FIVE P’s of food marketing Dunkin’s new menu is leveraging PRICE to drive trial for the new ‘run menu’. They are offering a handful of items for the welcoming price point of $2.
Tony Weisman, Dunkin's U.S. chief marketing officer stated "We know that the 'Dunkin' Run' is a daily part of many of our guests' lives as they keep themselves and their friends running, so we're excited to launch a new menu offering fresh ways to satisfy any craving any time of day,".
The new menu features the chain's new Donut Fries, chicken tenders with a waffle-like coating, Ham and Cheese Roll-Ups using flour tortillas, and Pretzel Bites served with a spicy brown mustard.  For those with a sweet tooth, the menu also includes a gluten-free fudge brownie, as the brand recognizes "the importance of providing alternative choices for people with dietary restrictions," noted Weisman. 
There are times that a new menu simply is not enough to drive top line sales and bottom line profits.  Then you must consider entering one of the four new avenues of distribution the grocerant niche has to offer.
 Foodservice Solutions® specializes in outsourced business development. We can help you identify, quantify and qualify additional food retail segment opportunities or a new menu product segment and brand and menu integration strategy.  Foodservice Solutions® of Tacoma WA is the global leader in the Grocerant niche visit Facebook.com/Steven Johnson, Linkedin.com/in/grocerant/ or twitter.com/grocerant



Sunday, May 6, 2018

McDonald’s is Winning the Price, Value, Service Equilibrium


Gas prices at the pump continue to rise just as consumer’s paychecks carry home a little more cash from the tax rebate.  Unfortunately once again the line between foodservice sectors continues to get thinner and thinner as consumers have become ‘meal price transactional’ according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.
Back in 2002 in an early effort to combat customer migration from the restaurant sector to grocery stores and C-stores McDonald’s introduced its popular Dollar Menu and gave the restaurant sector a success platform to regain customer traffic and drive top line sales and bottom line profits. The simple fact is the food Price, Value, Service Equilibrium continues to evolve and reset.
Grocery store deli operations continue finding incremental day-part meal sales success as do convenience stores according to recent Grocerant ScoreCards. The success within both of those sectors has put pressure on the restaurant sector according to Johnson. 
Food industry research icon Bonnie Riggs of the NPD Group stated “Value menu traffic was up 10 percent for the first three months of 2018, while value menu sales chalked up a 13 percent gain”. ..The results lifted value menu traffic 1 percent for the fiscal year ended March 2018, reversing three consecutive years of declines, according to NPD.”
“It’s clear that major restaurant chain operators are pulling out all of the stops to get consumers to visit this year,” said Riggs, author of a new report titled “Value Wars 2.0: The Value Menu Strikes Back.”
Taco Bell, known for its low-priced food and “Dollar Cravings” value menu, appears to have an edge in the latest price war. It sold a record 53 million orders of its new $1 Nacho Fries in five weeks during the first quarter, contributing to outsized value menu sales gains, NPD said.
There is a battle for share of stomach underway within the foodservice sector according to Johnson and new non-traditional companies the ilk of IKEA, CostCo continue to garner customers with fresh prepared meals, meal components that are Ready-2-Eat and Heat-N-Eat offering with price points that are disruptive for most restaurant operators.
Are your customers becoming ‘meal price transactional’?  Do you know how to elevate your branded menu without capitulating on Price?  Does your current business model look more like yesterday than tomorrow? The team at www.FoodserviceSolutions.us can help. Contact: Steve@FoodserviceSolutions.us