Www.peach-factory.com. Universal Trends November 2008 Peter Martin.
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Transcript of Www.peach-factory.com. Universal Trends November 2008 Peter Martin.
“It is not the strongest of the species that survives, not the most intelligent, but the one most responsive to change.”
Jim Sullivan quoting Darwin
“One reason why downturns tend to be good times to launch new
businesses is because established companies abandon growth opportunities too fast”
The Economist, November 2008
78%
66%
51%
50%
13%
6%
5%
1%
10%
17%
16%
24%
24%
25%
20%
13%
1%
1%
2%
5%
9%
3%
0%
22%
18%
37%
61%
24%
17%
11%
60%
49%
71%
58%
32%
0% 25% 50% 75% 100%
Watching TV
Surfing the Internet
Listening to the radio
Listening to music
Playing computer games
Watching sports
Playing sports/fitnessactivities
Going to traditional pubs
Going to restaurants
Daily Weekly Monthly Not done in the past month
Source: Gamestec / Harris (November/December 2007)
Frequency of leisure activitiesHow to reach consumers? If they are not out they are surfing the net
How often do we eat out?
3
1
4
5
9
7
4
4
9
9
18
22
19
21
21
23
21
25
33
23
23
23
38
36
34
34
25
23
21
22
21
23
31
31
19
27
26
25
15
14
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Self service
Fine dining
Pub/bar meals
Fast food restaurant
Bakery/sandwich shop
Coffee shop
Casual dining
Pub restaurant
Daily 2-6 x a week 2-4 x a month Every 2-6 months Rarely (once/twice a year) Never
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
How often under 24s eat out?
8
3
11
14
18
7
5
4
13
8
24
42
33
24
26
33
16
29
30
23
26
22
35
31
27
28
16
7
8
16
16
14
33
28
15
9
8
27
13
13
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Self service
Fine dining
Pub/bar meals
Fast food restaurant
Bakery/sandwich shop
Coffee shop
Casual dining
Pub restaurant
Daily 2-6 x a week 2-4 x a month Every 2-6 months Rarely (once/twice a year) Never
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
Convenience driving 16-24 experiences
Why bother with under 25s? • Despite growing over 65 market• Will remain a major group• Numbers will remain same for next 20 years
• But…..– eat out more – drink out more– forming opinions – creating new brands– preferences will drive through market for coming years
What people complain aboutYounger and mid-income diners most dissatisfied; older most contented. Service big issue.
2
2
2
4
4
6
7
9
9
18
26
22
19
21
23
36
36
36
31
51
34
41
36
41
42
41
35
34
32
19
36
34
42
33
29
17
21
20
26
10
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Bad experience - didn't complain
Complained
Sent food back
Rude service
Lack of cleanliness
Poor quality food
Lack of choice on menu
Incompetent service
Toilets not cleaned
Slow service
Always Often Sometimes Rarely Never
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
Consumer attitudes
28
28
33
45
32
30
13
43
36
35
28
27
27
41
33
54
24
38
14
23
15
6
13
14
21
11
12
11
11
6
3
6
9
9
4
5
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
I like to know the acoholic strength ofwhat I'm drinking
I don't think about health or diet wheneating out
I'm concerned about salt, sugar and fatcontent when eating out
I like a menu with a range of healthoptions
I like to know where ingredients aresourced
Pubs and restaurants have a role toplay in reducing obesity
I only buy from companies with a soundenvironmental policy
I'm adventurous in my tastes and trynew things
I like menu items I can share
Strongly agree Slightly agree SameNeither agree/disagree Slightly disagree Strongly disagree
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
35-44 year olds least health conscious; women most likely to be concerned about, salt, sugar and fat, want more healthier option and believe restaurants should play a role on obesity
Consumer attitudes
28
28
33
45
32
30
13
43
36
35
28
27
27
41
33
54
24
38
14
23
15
6
13
14
21
11
12
11
11
6
3
6
9
9
4
5
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
I like to know the acoholic strength ofwhat I'm drinking
I don't think about health or diet wheneating out
I'm concerned about salt, sugar and fatcontent when eating out
I like a menu with a range of healthoptions
I like to know where ingredients aresourced
Pubs and restaurants have a role toplay in reducing obesity
I only buy from companies with a soundenvironmental policy
I'm adventurous in my tastes and trynew things
I like menu items I can share
Strongly agree Slightly agree SameNeither agree/disagree Slightly disagree Strongly disagree
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
35-44 year olds least health conscious; women most likely to be concerned about, salt, sugar and fat, want more healthier option and believe restaurants should play a role on obesity
Key role of serving staffWaiters will become the brand’s tableside spokespeople on sourcing, sustainability, energy policy, as well as daily specials
When visit the pub for a drink?Local still most popular place for a drink; but eating-out a bigger draw
1
2
2
4
3
7
4
7
11
12
14
17
9
7
30
19
21
20
16
13
28
20
24
20
68
70
28
43
28
34
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Night club
Pub on way home from work
Country pub
Bar
High street pub
Local pub close to home
Daily 2-6 x a week 2-4 x a month Every 2-6 months Rarely (once/twice a year) Never
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
What else people doDrinking at home a major competitor, but most popular with older people
3
4
12
28
4
3
28
21
27
23
23
20
32
27
24
14
37
34
17
16
16
10
23
23
18
32
18
15
13
19
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Eat a take away at home (collected)
Eat a takeaway at home (delivered)
Eat a ready meal
Drink alcohol at home
Go to friends houses to socialise
Cook for friends at home
Daily 2-6 x a week 2-4 x a month Every 2-6 months Rarely (once/twice a year) Never
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
Attitudes to the pub
27
18
36
17
17
19
8
43
30
42
32
33
43
27
18
27
19
26
13
15
21
21
19
6
12
12
6
26
12
26
53
3
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Pubs should limit amount customersdrink
Pub is great value for money
Prefer pubs with good food and wine to'boozers'
Go to pubs more often since smokingban
I'm bored with going to pub
Regularly meet friends at pub for nightout
Pub centre of my social life
I like the traditional British pub
Strongly agree Slightly agree SameNeither agree/disagree Slightly disagree Strongly disagree
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
But people like pubs - or at least the idea of the pub
Attitudes to the pub
27
18
36
17
17
19
8
43
30
42
32
33
43
27
18
27
19
26
13
15
21
21
19
6
12
12
6
26
12
26
53
3
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Pubs should limit amount customersdrink
Pub is great value for money
Prefer pubs with good food and wine to'boozers'
Go to pubs more often since smokingban
I'm bored with going to pub
Regularly meet friends at pub for nightout
Pub centre of my social life
I like the traditional British pub
Strongly agree Slightly agree SameNeither agree/disagree Slightly disagree Strongly disagree
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
Still an important social role, but no longer the centre of people’s lives
Attitudes to the pub
27
18
36
17
17
19
8
43
30
42
32
33
43
27
18
27
19
26
13
15
21
21
19
6
12
12
6
26
12
26
53
3
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Pubs should limit amount customersdrink
Pub is great value for money
Prefer pubs with good food and wine to'boozers'
Go to pubs more often since smokingban
I'm bored with going to pub
Regularly meet friends at pub for nightout
Pub centre of my social life
I like the traditional British pub
Strongly agree Slightly agree SameNeither agree/disagree Slightly disagree Strongly disagree
Source: Eating-out and the Consumer 2008, Peach Factory/Harris Interactive (survey February 2008)
People want better value, but most importantly seem to want a different type of pub - with more wine and food
A chill wind from the States• Neighbourhood restaurants hitting the buffers
• QSR benefiting from trading down
• But operators fighting back• ‘Survival’ and ‘Value’ the key drivers
Technological solutions: Voice recognition to improve drive-thru, carry-out and
delivery orders - staying on top of costs
‘Restaurant meal replacement’
• Hiring chefs to enhance their culinary credentials • Wholefoods Markets doing more take-out hot food than Applebees or Outback
Pubs, restaurants can still win• Quality, freshness• ‘Tout technique’• Superb service• Affordable treat• ‘Cabin fever’ factor• Make it easy• Stay in touch
“In every downturn, who succeeds and who fails is
likely to be determined not by what costs are cut, but how they are cut and above all which ones are not cut.”
The Economist, November 2008