 |
|
|
|
News in Review
Market Reports
Food Quiz
Industry Discussion
|
|
|
Advertisement

|
|
Advertisement

|
|
 |
|
The Menu is the Message
By: Christopher Wolf
Nothing says business building these days like menu building. While there have been a number of chains that tried discounting strategies to fight the economic slump earlier this year, we learned that money-saving deals and incentives did less to steal customers than it did to steal profits.
In contrast there are other chains that focused not on price but on new product-based campaigns to keep business growing. “New products are the equivalent of our daily specials,” says Brad Haley, executive vice president of marketing for Hardee’s and Carl’s Jr. “Given the logistical demands of sourcing products, training, etc., we can’t literally offer daily specials, but it serves the same purpose [of increasing] frequency to a restaurant.”
A Sample in Every Mouth: One of the most popular ways to introduce new menu items remains sampling, despite this year’s nonstop supply of free offers (think: doughnuts, coffee and pastries, grilled chicken, subs, and burgers).
“Sampling is fantastic when you’re launching your brand in a new category where you don’t have a lot of credibility,” says Cynthia Ashworth, vice president of consumer engagement for Dunkin’ Donuts.
Similarly, Danya Proud, senior manager of media relations for McDonald’s, told me that the McCafé line is not so much a new product introduction as it is a “whole new business.” Part of the rationale for the company’s recent beverage investment, she says, is to reach “people who haven’t been visiting us. For our involvement with New York Fashion Week, we sampled 20,000 cups of hot and iced mochas to all the tastemakers in an arena we haven’t played in before.”
Similarly, Terri Snyder, chief marketing officer for Checkers, says that sampling was a big part of Checkers’ launch of Classic Wings this year. “We did do a freebie, but it was part of a broader strategy,” she says. “You have to have a high-quality product so that trial produces repeat visits. Our trial got immediate repeats. And eight months later, the hit rate is about what it was at introduction.”
But Bob Phibbs, retail consultant and author of Double Sales Without Discounting, doesn’t agree that all these free samples are wise: “Is that really what marketing is? Anybody can get anyone to come in the door with stuff for free, but are you just attracting the bottom feeders or real customers?”
“Value” via Innovation: Discounting has been a primary marketing tactic used to communicate value for many years, but Snyder says that discounting isn’t the solution. “Three years ago, you worried about value in January and September, but today value is a 52-week promotion. But discounting is largely undifferentiated,” she says. “We launched wings—high-priced and indulgent—at...
Read More
|
|
In business, I've discovered that my purpose is to do my best to my utmost ability every day. That's my standard. I learned early in my life that I had high standards.
Donald Trump
|
|
|
 |
|
View updated pricing and information each week on the website for the following food-commodity markets:
|
Beef, Veal & Lamb |
View Detail |
Beef output last week declined 1.9% but was .8% larger than a year ago. The percentage of cattle grading choice and prime are historically large. The estimated number of prime graded cattle slaughtered during the third week of September was the biggest for any week since November 2006. So far in 2009, choice (1.8%) and prime (2.4%) beef production are both estimated to be more than last year despite nearly a 4% decline in overall cattle slaughter. Many of the beef markets are moving lower. Packers could cut output soon which may bring stability to the markets. Price USDA, FOB per pound.
|
|
Dairy |
View Detail |
Dairy cow slaughter during August was the largest since October and the second biggest for any month in nearly three years. The National Milk Producers Federation run CWT announced another subsidized herd retirement issue for this fall which should cause dairy cow slaughter to remain historically large. The CME cheese markets are moving upward. The class III milk markets have moved higher as well and are making it difficult to contract cheese longer term. Buyers may want to wait for class III milk market breaks. The butter market could firm in the coming weeks. Prices per pound, except Class I Cream (hundred weight), from USDA.
|
|
Poultry |
View Detail |
The broiler feed price ratio modestly improved in September from the previous month but was the second lowest since November which suggests that historically poor chicken producer margins are persisting. Chicken producer profits typically wane in the fall due in a large part to decreases in the chicken breast and leg quarter markets. The chicken production slowdown is anticipated to endure well into 2010. The chicken breast and leg quarter markets are moving lower. On average, the boneless skinless chicken breast market declines another $.15-$.20 during the next five weeks or so. Buyers may want to visit chicken breast contracts this fall. The wing markets are likely to remain relatively inflated. Prices USDA, FOB per pound except eggs (dozen).
|
|
Seafood |
View Detail |
Chile, a major salmon exporting country to the US, continues to struggle with disease and industry financing issues which are expected to cause Chilean salmon output to decline roughly 30% this year. However, reports are that the worst for the Chilean salmon industry may be behind them which could lead to a modest gain in output in 2010. Still, the industry may not fully recover until 2013. The salmon markets are weak. Prices for fresh product, unless noted, per pound from Fisheries Market News.
|
|
Pork |
View Detail |
According to the USDA, the September 1st US hog and pig inventory was 2.3% less than a year ago and the smallest for the date since 2006. Since December, US farmers have reduced the swine breeding herd by 207k head which is the biggest drop for the time period in ten years. This should lead to a turn down in pork production in 2010 however any decline could be tempered by continued improvements in pig per litter yields. The pork markets are relatively soft. Additional pork market declines may be pending. Prices USDA, FOB per pound.
|
|
Produce |
View Detail |
Iceberg lettuce shipments declined 8% last week. Cooler temperatures over the next couple of weeks could slow the lettuce harvest. The iceberg lettuce market could remain relatively inflated through most of this month. According to the USDA, 2009 fall lettuce (10.7%) and broccoli (2%) acreage are both estimated to be larger than last year. 2009 fall tomato plantings are projected to be 1.1% smaller than the previous year. Avocado supplies continue to improve which is influencing the market downward. The avocado market could steady or turn modestly higher soon. Prices USDA FOB shipping point unless noted (terminal).
|
|
Oil and Grains |
View Detail |
The corn and soybean crops are anticipated to be historically big. However, ethanol demand for corn is increasing. The markets may remain volatile. Prices USDA, FOB.
|
|
Canned and Frozen Food |
View Detail |
Tomato Products, Canned - California output is expected to reach 12.9 million tons by the end of the week which is a record high. The markets are steady. Prices per case (6/10) FOB, unless noted from ARA.
|
Processed Fruits and Vegetables - The major harvest season is winding down just in time for forecasted cold temperatures this weekend. The markets are fairly steady. Prices FOB per case from ARA.
|
|
|
|
 |
|
Corned Beef Bits
Community member EvelMartini writes...
I own a small deli and we do our own corned beef and roast beef brisket. After cooking and slicing i end up with a good amount of trim pieces from both. I save the roast beef bits and add them to veg beef soup. Any ideas what I can do with my corned beef bits ?
...
Read More
|
Onion Ring batter
Community member Noman writes...
I'm having a problem with the batter on my onion rings, it kind of falls of the ring into the oil and makes the squiggles. Very bad for the oil. Dusting them with flour before battering seems to work but now the taste is just plain bland. Can someone help an old guy out of his mind, uh, err, out of ideas? ...
Read More
|
Cupcakes
Community member EvelMartini writes...
I have a small deli/sandwich shop where i currently offer cheesecake and cookies as a desert. Im getting a small convection oven and I want to do cupcakes. I dont bake AT ALL, however it seems simple enough using a mix but I know nothing about icing. I see icing mixes and my supplier has tubs of ready made icing. Im interested in doing a very high end cupcake that means the icing has to look like a million bucks. They seem like theyre very cheap to make so whats my best cost no object icing option?
Read More
|
|
|
 |
|
Love-Lies-Bleeding
I wish they could get my name straight. From Callaloo to Inca Wheat to love-lies-bleeding, it’s all me but in many different forms. Even my primary name origin is confusing. It is derived from the Greek meaning unfading love flower. Found throughout the world but mostly in the tropics, I am an ornamental plant, a grain and an edible leaf. We also do food coloring, but that’s another quiz. My value as an ornamental is made quite obvious by my long clusters of beautiful red flowers and fiery red leaves. My plant grows up to 36 inches and each one of us can contain as many as 500,000 seeds. As a grain I am a historical staple. This changed when conquistador Hernando Cortés, in reaction to the Aztec’s donation of me in religious related rituals, ordered my field’s destroyed and removed by the hands of any farmers who planted me. So my humble Mexican beginnings were halted but not eliminated. My resistance to drought, ease of growth, and nutritional benefits prevailed and today I am popped, sprouted, used as a cereal, or a moist and sweet (yet unlevening) flour. As a green, I can be green, red, gold, or any combination of the three. My colorful tasty green is often substituted for spinach in soups, pasta dishes or vegetable dishes. Fry, steam or boil me briefly, as I do not require much heat to become tender. My amino acids are very well balanced (they don’t even wobble). I am rich in lycine, methionine and tryptophan, and provide an excellent source of magnesium, iron, phosphorus, copper and zinc. So in one form or another, regardless of what you call me, I’ll be there.
What am I?
The Food Quiz has is brought to you by Culinary Specialty Produce, a specialty produce broker that scours the world for the very best in specialty produce. Contact them at 908-789-4700 or by sending an email to info@culinaryproduce.com.
|
|
| Subscription Information |
To Unsubscribe: Please click
here to unsubscribe from the Foodservice.com Express eNewsletter.
If you've tried to unsubscribe but are still receiving this newsletter, please email our customer support department.
|

|
Welcome to the Foodservice.com Express newsletter, a weekly publication that provides a comprehensive review of the foodservice industry each and every friday.
You are free to share this newsletter with friends and colleagues in any way you see fit. Better yet...have them to subscribe!
If you haven't done so already, be sure to check out another newsletter we recently launched called the Daily Buzz, our daily delivery of restaurant news (that's actually interesting to read!).
Best Regards,

David Smania
Founder, Foodservice.com
|
Foodservice.com
7702 East Doubletree Ranch Rd.
Scottsdale, Arizona 85258
Ph: 623-433-9690
Copyright 1996-2009 Foodservice.com. All rights reserved.
|
| |
|