Brian Junkins’ Post

Grocery stores and restaurants are facing a common challenge of retaining customers while keeping the cost of goods sold in check. In today's competitive landscape, it's innovation that sets apart the winners from the rest. Are you ready to innovate and take your business to the next level? Share your strategies in the comments below and let's grow together! #grocery #restaurant #innovation #businessgrowth

What happens when two taco chains go head-to-head? We just posted this blog post to the Wherobots blog that looks at market cannibalization of two prominent taco chains: Velvet Taco and Torchy's Tacos. We use drive-time isochrones to evaluate trade area overlap and potential market cannibalization. By the way, we're having a webinar on the same topic. Link in the comments. https://lnkd.in/gUpWPHmE

Have you ever been frustrated when the upscale grocery runs out of their daily deal? John Norris, Chief Economist, explores how even high-end shoppers are clipping coupons and chasing bargains - and dives into what that could mean for the economy. Consumer habits are shifting. "The issue with economic growth isn't where you shop. It's how much you buy and spend when you shop." Could an increase in people shopping at discount clubs like Sam's actually benefit the broader economy by freeing up money for other purchases? Read more in this week's Common Cents, here: https://lnkd.in/gneU24ea

Is there anything grater than a grilled cheese sandwich? They’re so gouda, we’d like to eat one every day, but you really cantal, which makes us a bit bleu. Cheese puns! Yay! That’s our way of celebrating National Grilled Cheese Day, which was April 12th. We also prepared this analysis of cheese out of stocks at Walmart, Target and Kroger.  Check it out to see where and when OOS rates were highest. Are you waiting to see if we’ve got any more cheesy puns? Don’t worry, we stilton have one left: Remember any cheese that isn’t yours is nacho cheese. Data Impact by NIQ. A new generation of ecommerce analytics. #ecommerce #brand #fmcg #cheese

Great article in Reuters News Agency citing Michael Lukianoff. #Pricing in the #restaurantindustry is a hot button issue. FOR DISCUSSION: Do you know which consumers you're losing as your stores' traffic declines? If not, look to SignalFlare.ai (by Extropy360) to answer it. Our new methodologies incorporate more #Consumer and #Market giving us insights well beyond just price. We can actually answer these questions. A true marketing and finance win -- all in one! #DecisionIntelligence #IntelligentPricing #RestaurantAnalytics #Snowflake

Only 1 company selling grocery stores merchandises FOOD STORAGE products consistently in front relevant food products. Pictured are 3 KOLORAE products: our COLOR CHANGING SPOONS, 20oz SOUP MUG, and our NEW 2 COMPARTMENT SNACK STACK. These are the types of products shoppers WANT when shopping for what they NEED at the prices they EXPECT. When we replace the current program chains see +70% to +1600% in sales! Interested in testing the program. We make it easy with 100% buy back of your current inventory. Check out www.BLUEOCOIMPULSE.com to learn more!

Fuel remains a major revenue driver for c-stores, but the pandemic highlighted the importance of food, snacks, and quick essentials. With electric vehicles on the rise, companies are focusing more on inside sales emphasizing categories like candy, snacks, and beverages. https://lnkd.in/esKUbeMn What new marketing strategies are you testing to bolster your in-store foot traffic? #cstoremarketing #insidesales #mobivity #innovativemarketing

Interesting to compare the Placer.ai data for Chick-fil-A Restaurants and Kopp's Custard in Milwaukee's North Shore (Glendale). - Kopp's, known for it's burgers and customers has more customers overall. - Average dwell time at Chick-fil-A is far less with 10 minutes, compared to 25 which is no surprise given it's drive thru, compared with Kopp's model where customers order at the counter. - Sales trends based on dayparts are similar, with the exception of the morning when Kopp's is closed and Chick-fil-a is cranking out chicken biscuits. - Sunday is Kopp's time to shine, with it's competitor closed.

I always tell myself "I'll go Maccies for lunch and have a salad or a grilled chicken wrap" before crying 15 mins later on the A50 after I've smashed out a large Big Mac meal & double cheeseburger. Maccies saw a positive impact on their overall sales, including burger sales, when they introduced salads and other healthier options to their menu. It attracted a set of new healthier customers and buyers like me who love the illusion of choice. If you want to be dancing like my man below and you sell any products online, you need to make sure at checkout you're offering multiple delivery options. We all like free/cheap delivery, but if I'm in Aus and I can choose a free 8-13 day postal option or an Express 2-4 day for $20 - My chimp brain is getting my goods faster and leaving me arguing with my Mrs about my spending later. Choice is king 👑 Squeeze those extra sales! #Ecommerce #Retailers #InternationalGrowth