What You Need to Know About Millennials

Posted by Tim on September 16, 2013

Much has been made of the Millennial generation. As customers, these young folks--18 to 39 years old--are an important group.  There are more than 80 million of them in the U.S. That's a lot of restaurant meals. Coincidentally, you will also find that this group is most apt to use online ordering.

A few facts about Millennials:

 

 

  • They want one-to-one interaction with the brands they use. They are inundated with commercial messages, and more and more they are blind to them. Engagement is the key to this group. They pay attention only to those who understand them and their lifestyle.
  • Millennials rely on their mobile devices. According to Millennial Marketing, 75% percent of this group use their smartphone as a personal shopping assistant, and 73% are transacting directly on their mobile devices.
  • Millennials check their Facebook status six to eight times a day on their smartphones.
  • Millennials see their smartphone as the principal lifeline to their world. According to a study by Zipcar, thirty percent of people falling into the Millennial label said giving up their mobile phone would have the greatest negative impact on their life -- two to nearly three times higher than any other age group in the survey. The answer in every other age group--their car. Translated: Millennials would rather give up their car than their smartphone.

 

What do you do with this information? Reflect it in your marketing. Select events and causes that matter to Millennials. Base the decor and the artwork in your restaurant on what you known Millennials like (you can find this information on the Internet).

And make sure your Millennial customers know you offer online ordering, because--you know--Millennials love their smartphones.

 

 

 

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Being More Convenient Than Supermarkets

Being More Convenient Than Supermarkets

Posted by Tim on July 18, 2013

 

This threat to restaurants keeps coming back.

A new study by the NPD Group, as reported in FastCasual.com and Supermarket News, predicts that within the next decade the market for prepared food and ready-to eat meals will increase more than 10 percent, compared to a 4% increase for commercial foodservice.

Supermarkets, convenience stories and even drug stores will be taking a bigger chuck of the traditional restaurant business.

Clearly these are restaurant customers who are interested in convenience. The key to not losing business share is to be more convenient. Online ordering can be a valuable ingredient in your marketing toolbox to reach these customers.

Some of the benefits of online ordering over ready-to-eat meals at retail outlets:

Selection--Ready-to-eat meals rely on a limited selection to appeal to all customers. Online ordering allows your customers to tailor their meal  from your menu.

Freshness--Ready to eat meals are typically prepared days in advance. Even hot food in the supermarket deli has been on display for hours, and picked over. Restaurant meals are fresh and cooked to order.

Time--A meal that has been ordered online is ready to go. Customers only need to park, walk into the restaurant and walk out of with their purchase. A ready-to-eat meal means negotiating a crowded supermarket parking lot, finding out what selection is and is not available, standing in the check-out line and then getting out of the parking lot.

Online ordering is the boost you need in the ever-competitive food service industry. 

 

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