Blink: This month, I have been watching a series about our recent Presidents. The latest has been about President Reagan and Reaganomics. Reminded me of an article I read recently about Sushinomics.
Read On: In English, the cost of sushi (e.g., spicy tuna and California rolls) has become an informal way to measure the spending power of Millennials. No longer an exotic treat, but more of a grab-and-go lunch. Some economic forecasters believe that Sushinomics offer a snap shot into the socio-economic landscape of our economy, especially for working middle-class young adults. The index was conceived in 2011. New York and Los Angeles are the most expensive cities for sushi; Seattle exhibited the greatest cost increase – an annualized 5.3 percent.
Sushinomics, sounds like a fishy new economic indicator.
Blink: Currently my company is working on a new geo-location technology project. The end result would be increased volume for the participants, as well as consumer data documenting purchasing behavior. Everyone I talk to has expressed interest in participating in a test, but…………
Read On: Jimmy, I am interested, but:
- “I must warn you that the management company is really stodgy.”
- “It is really tough to get our IT department to implement something new.”
- “Thanks for reaching out. We’re all set for now.”
Yes, unfortunately the red flags have surfaced on my project. I attribute them to the “status quo bias,” the spine of my blog post dating back to June 2009: The Waiting Place. People/organizations, tend not to change an established behavior unless the incentive to change is compelling. Consequently status quo is less risky. Except for those organizations that embrace disruptive innovation (e.g., Netflix).
Referencing my 2009 post: Stay away from the status quo, experiment and enjoy the places you will go.
There are no bad ideas!
Blink: Food waste in America is a topic about which I am deeply concerned. I last provided an update a little over a year ago. Recently I read about several innovative food waste solutions that piqued my interest which I want to share with my readership today.
- Transfernation is a NYC-based online platform that connects corporations which operate registered events with social institutions that feed the hungry. Bottom-line: They are making donating food easy. When an event is nearing conclusion, organizers can utilize Transfernation’s app to notifying potential volunteers who will transport and deliver leftover food to shelters and food banks. Their process reduces food waste.
- Another app is Food Cowboy (founded in Washington D.C.) that uses geo-location technology to redirect discarded food from dumpsters to hunger relief groups.
- Cerplus operating out of the San Francisco Bay Area focuses in on surplus recovery to reduce food waste – growers and food purveyors who want to reduce their loses are connected with buyers looking to reduce their costs utilizing produce that would otherwise go to waste.
I have just scratched the surface detailing some of the innovative food waste solutions that are being funded by venture capitalists across the country. Combined, we should witness a significant decline in the overall statistic that 40 percent of America’s food supply is being wasted.
What are you doing to reduce food waste in America?
Blink: Personal goal: The desired result (end-point) that a person envisions, plans and commits to achieve.
Read On: “Everyone wants to have a goal: I gotta get to that goal. I gotta get to that goal. I gotta get to that goal. Then you get to that goal, and then you gotta get to another goal. But in between goals is a thing called life that has to be lived and enjoyed – and if you don’t, you’re a fool!” – Sid Caesar (Comedian)
Are you ready to take some timeout this summer to leave your goals at home, unplug and enjoy life!
Blink: I will be presenting a program at the National Restaurant Show Sunday with my friend Lisa Eberhart, world class dietician from NCSU – Well Played: Gamifying Health & Wellness. Consequently, I had to conduct some research, thus learned some new things about gamification, a topic I am passionate about.
Read On: I first posted about gamification five years ago, Gamification USA. The term gamification was first coined by Gabe Zichermann, the world’s foremost expert, speaker and author of several books dating back to 2010. Abe’s simple definition: “Gamification is the process of using game thinking and game dynamics to engage audiences and solve problems.”
Over the years, I have witnessed gamification utilized in foodservice in the form of loyalty programs (Starbucks), pizza dough scavenger hunts (CPK), a sandwich game (Schlotzky’s Deli – Stackin’ the Original), etc. Lisa Eberhart, my co-presenter at the National Restaurant Show, will share with the audience how she is utilizing several games with her student guests at North Carolina State University to educate and hopefully change their behavior. Specifically, NCSU’s games are designed to encourage students to follow a daily health and wellness regime.
Gamification is definitely a clever/fun way to encourage behavioral change. One great example I read while preparing for my speech was a news release about former Associate Justice of the United States Supreme Court. Sandra Day O’Connor. After retiring, she started iCivics, a non-profit civics education group that designs free online games (e.g., animated) enabling middle school students to better understand how different branches of government and the Constitution work. Her latest digital game which has been played by more than 250,000 students is called Win the White House. Given the current political climate of our country, I think I will get online tonight and play Justice O’Connor’s new game.
Shameless Self Promotion: Please feel free to join Lisa and me Sunday 5/22: 11:30 AM – 12:30 PM Room: S402a at the National Restaurant Show to learn more about gamification.
Blink: A recent Hartman Group newsletter featured an article titled “Evolving Trend In Eating Occasions: All By Myself.” Their research indicates nearly half (46 percent) of all adult eating occasions are completely alone. Are they? Not quite! Every time I witness someone eating solo they are surgically attached to their smartphone.
Read On: The Hartman Group report detailed solo eating by the numbers. Breakfast is the meal most people (53 percent) eat alone. The numbers of solo eating for snacking are considerably higher than any meal daypart, especially early and mid-morning. They then analyzed seven key attitudes and/or behaviors behind eating alone. Number one? Respondents (43 percent) indicated: when I eat alone, I can catch up on reading or watching TV programs I like. Further down the list, 18 percent of the respondents indicated: I eat alone to multi-task better.
Given approximately 190 million Americans own smartphones (comScore March 2015), I recommend Hartman revise their study and document how many people eat with their smartphones. More specifically, what percentage are connecting in real time to someone via their social networking platforms.
When was the last time you ate solo without your smartphone?
Blink: Recently, Adam Aron CEO of AMC Entertainment announced that his company was considering allowing theater patrons to text during movies. A social media storm ensued; Adam then indicated they would be leaving the idea on “the cutting room floor.” However, I predict texting will be coming to your theaters soon.
Read On: In a Variety magazine interview, Aron discussed targeting consumers who do not see movies frequently, specifically Millennials. Consequently, to appeal to Millennials, he believes if they can work on the logistics of not disturbing other members of the audience, texting should be allowed. “When you tell a 22-year-old to turn off the phone, don’t ruin the movie, they hear please cut off your left arm above the elbow. You can’t tell a 22-year-old to turn off their cellphone. That’s not how they live their life.”
Immediately AMC experienced a social media backlash, thus they decided to shelf the idea. Peace among movie goers was restored. However, I believe given the potential spending power of the Millennials, AMC will figure out how to facilitate texting in their theaters. Rationale: 1.) AMC will want to increase its overall ticket revenue. Millennials is one of the key demographics they are targeting, thus it would behoove them to make their theaters text friendly (Instagram and Snapchat too!); and 2.) AMC is now competing for consumers’ fair share of food dollars. Some of their locations are new Dine-in MegaPlex theaters that sell everything from popcorn and raisinets to burgers (five types including one vegetarian), chicken sandwiches, salads, sushi rolls with sriracha mayo and crisped Brussels sprouts. Some of their complexes have cafes (MacGuffins) adjacent to the theaters with a similar menu plus adult beverages. Further utilizing technology (beacons) they will be able to text specials to their patrons to further drive concession sales and profit.
Watch out! Whether you like it or not, texting will be coming to your theaters soon!