In fact,
the marketplace is no longer divided between restaurants, pubs, coffee shops
etc., for many day-part occasions, it is now simply sellers of food and
drink. In a world of busy lives, digital
communication and choice, any brand selling food and drink is in this market
and competing for the leisure pound - pubs, restaurants, coffee shops,
convenience stores, travel hubs, entertainment centres.
We learnt
that London may still be the birthplace of many concepts but it is no longer
enjoying the incremental growth of the rest of the UK when it comes to eating /
drinking out. Both brands and Private Equity are placing their faith outside of
the M25 in addition to overseas, and witnessing returns. Destinations like the
new Leeds Trinity, Covent Garden and recently refurbished Gatwick airport are
cherry-picking the leaders of the pack.
So who are the leading brands of the future?
The brand
tracker highlights that Quality and Value continue to drive consumer choice,as
the core hygiene factors. .. but how do you define quality and value when the
sector dynamics are all merging? Can the
quality measure of a premium casual dining
experience really be compared to that of food on the go. Peach research concludes that Quality can be
interpreted as Fresh but that still feels too one dimensional to me.
FRESHness
is so often promoted through the visual cues of produce, open kitchens, windows
clad with produce, organic sourcing, wood-fired ovens and sometimes that is
evident in the flavours. Remember the
proverb … “proof is in the eating”. Well was the meal memorable, would you like
another dish, will you return ... Or was it just pleasant, reasonable quality
and good value. If the answer is yes to
the latter, then join the rest of the competition.
Brands
are a combination of service, product and emotional offerings underpinned by an
engaging personality and the winning brands in this sector will actively
promote and deliver a healthy balance of all these elements. In the case
of quality, my view is the emotional benefit is all about TASTE and how you OWN
that territory.
For
example, Greggs, the taste is irresistible sausage rolls and steak bakes, Nando’s the taste is spicy chicken,
Toby the Carvery taste that you don’t have to wait till Sunday for…..
So back
to the proverb "the proof……..in the eating".
As my long-term mentor, Karen Forrester TGI Fridays so eloquently said
" if it looks good you’ll see it, if it sounds good
you’ll hear it, if it’s marketed right you’ll buy it and if its real you’ll feel it “. I call this ‘living the brand” and as Karen regularly reminds us that brands start from
within a company. Something we achieved
together at O’Neills.
Cast your
mind back 15 years when pub brands came to the high street. O'Neills
spearheaded the initiative with their Irish offer ( largely on the back of the
Ireland's popularity and Riverdance).
Lots of themed pubs hopped on the brand wagon Scruffy Murphys, Molly O’Gradys, Waxy O’Connors….. windows were
piled high with brick-a-brac and back bars with Irish whiskeys gathering dust all drowned out by Irish
diddly Dee tunes. You only have to look
around today to see which brand won through.
The one that captured the emotion of the "Craic" and Irish
hospitality – open windows few Whiskeys but
plenty of O'Neills floor walkers, party music, perfect serve Guinness and a
back bar that could serve PPL's and PPS' faster than lightening. You could
'feel' O'Neills .
Brands
that live their Brand Essence, continually manifest their service , operation ,
products and culture around that Brand promise.
It is unquestionable and simple.
If
quality and value are the core hygiene factors for all Food and Drink operators,
how else can brands truly differentiate themselves? The market and best practice brand hierarchy
would suggest that to focus and OWN a
secondary needs is key. But ‘feeling the brand’ and creating advocacy will
derive from promoting the emotional engagement and understanding the customer
insight and relationship with the brand benefits.
So if we
look at the core consumer needs by which customers claim to select their brand
portfolios, it is obvious why certain brands win popularity.
Let us
look at todays insight and the likely candidates ?
Where
will you specialise and be best in class. Peter Martin tells us that the average eating-out brand repertoire comprises 7-11
brands. If frequency of occasion is static and competition is tough, how will
you ensure that you are even on the consumer repertoire ? Is your brand just a
fad, a fresh produce window display, or operating inside out like a FIRST CLASS
SIMPLE BRAND?
Can you
afford to be left behind ?