Shifting Trends In QSRs

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Shifting Trends in QSRs May 2011

description

A look at how trends have changed in the QSR industry

Transcript of Shifting Trends In QSRs

Page 1: Shifting Trends In QSRs

Shifting Trends in QSRsMay 2011

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Promotions have shifted from the static . . .

- in store contests- loyalty programs- punch cards- cut out coupons

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. . . To the dynamic, online, social, and interactive

- Facebook- Twitter- You Tube- Google- Groupon- Living Social- Mobile Apps- Foursquare

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For example . . . Arby’s Chicken Salad Taste-Off lives on Facebook, and is expanded via:

- Arbys.com - Twitter #tasteoff- You Tube- Foursquare

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The Arby’s promotion even continues into advertising with

Google Adwords

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Celebrity endorsements have evolved from using . . .

Stars to talk about your product

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. . . To utilizing in-house chefs

as brand ambassadors

and the gateway to transparency

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What trends have changed in QSR promotions?

• The consumer Relationship

• The definition of Value

• The brand Experience

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The Relationship

(from)

One-Way/Monologue

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The Relationship

(to)

Customer Participation & Engagement

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My Taco Johns

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My Taco Johns

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Defining Value

(from)

Value: low price point items to draw people in

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Defining Value

(to)

Values: something extra that people are willing to “invest” in

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Naked Pizza

“The idea behind Naked Pizza is simple: build a great

tasting pizza that actually contributes positively to

human health”

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Chick-fil-A & KFC

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The Experience

(from)

Getting people in the front door

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The Experience

(to)

Extending the brand experience beyond the four walls

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Dairy Queen Blizzard Truck

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Qdoba Mini Street Tacos

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Key Takeaways

• It’s all about the customer relationship –social, personal, and interactive

• People want more than just a good price, they want a great experience

• Brands are making the shift from the store front to anywhere and everywhere