There has been a noticeable rise in consumer preference towards independent restaurants and cafes over the last half-decade. Consumer attitudes have changed. They value what an independent offers above a chain. In fact, research carried out by Pentallect found consumers scored independents higher in 12 out of 15 attributes compared to chains.
As a result, independents are expected to see 5% by 2020, compared to a 2% forecast growth for chains and see market share increase accordingly.
With rising costs, flailing review scores and a growing trend towards independent offerings, in particular with the younger inner-city populus, what can restaurant chains do to reverse the tide and tap into what the consumer really wants and is looking for?
How restaurant chains can break through 'independent-first' consumer trends
Posted by ArthurForever under FranchisesFrom https://www.foreveragency.com 2311 days ago
Made Hot by: OpenSourceMedia on July 28, 2018 10:57 am
Who Voted for this Story
Subscribe
Comments
2311 days ago