Marketing to Millennials

At a Culintro panel event earlier this month, we heard insights about marketing to millennials from Corey Cova (Chef and Owner of Earl’s Cheese Bar, ABV and Dough Loco), Andrew Tarlow (Owner of Marlow and Sons, Diner, etc.) and Harris Damashek (CEO of Underground Eats). Millennials are the segment of customers who are ages 13 to 30, and they are transforming the way restaurant owners market their brand. In this month’s Enterprise Insight, we review factors that are most important to consider when attracting millennials.

1) Ambiance

Generation Y is seeking an “experience” that goes beyond just a good meal. Twenty-somethings view a meal as a meaningful gathering with friends and family, not just a source of sustenance. This is in contrast to how the Baby Boomer generation once perceived eating out. The décor, lighting and music have just as much of a role as the quality of the food.

2) Food Sourcing

Millennials comprise the first generation that, as a majority, was raised consuming ethnic cuisine. Sushi and Indian food were just as commonplace as a slice of pizza and a hamburger. Because ethnic foods are so familiar to this generation, it’s important not only to reinforce cuisine variety, but also to add an innovative touch. This generation possesses a solid awareness and places importance on ingredient sourcing. They value where their food comes from and whether it’s local, organic and sustainable.

3) Social Media Marketing

This segment is fluent in a variety of social media platforms and employs them as a means of communication with friends and restaurateurs. The preponderance of social media apps has changed how owners respond to customer feedback. Back in the day when a customer had a complaint, he or she would pick up the phone and inform a manager; now if someone posts an unflattering food picture to Instagram or tweets a negative comment, the whole world can see. Social media can be used to a restaurateur’s advantage in addressing complaints quickly and genuinely, but also in maintaining positive relationships with customers. Millennials rely on social media to seek restaurant discounts and loyalty programs. Staying current and maximizing your restaurant’s social media presence reinforces the simplest method of marketing: word-of-mouth.

4) Community Ties

Millennials like to feel a connection with restaurants. They take note and are attracted to restaurants that both internally and externally exhibit ties to the community. Internal examples include staff interacting with guests. Sponsorship and support of local artists and musicians as well at charitable donations are some of the external community ties Millennials appreciate.

No generation is more important than another, however Millennials’ pervasiveness should make you analyze your current marketing strategy.

Happy Millennial Marketing…TaraPaige Group.

Four Ways to Optimize Online Presence

FastCasual compiled a list of four ways to maximize your business’ online presence. These concepts are straightforward and include goals that every business, no matter how small, should aspire to. Gone are the days when the only visible online platform for a business was a company website. Aggregating information has never been faster or easier with the aid of online review guides and search engines. For this reason, it’s especially important to ensure your business’ information is accurate, prevalent and caters to your target market. These are the four ways to achieve an ideal online presence:

1) Be everywhere. Don’t just market yourself through your company website and social media platforms. Having a strong presence on third-party sites like Yelp will give your concept a sense of legitimacy and draw more businesses.

2) Centralize business listing updates. Services like Locu, recently acquired by GoDaddy, provide a simple solution to consolidating your business’ information, promoting consistency and accuracy, and sending this information to third-sites.

3) Improve your presence on third-party sites. Don’t just advertise the basics like hours of operation and location; it’s crucial to also feature menus, photos and promotions, to name a few. Branch out to social media platforms like Facebook and Twitter.

4) Search for your business online. A first priority is to make sure information is up-to-date and accurate. Accuracy and consistency leads to earning your customers’ trust.

Taking the Interview Process Online to Save Dollars and Time

We’ve written about how popular social hiring has become to streamline staffing.

LG is one company who’s taken a virtual step further – conducting the interview process online as well. They found that coordinating travel and schedules for interviews, was time-consuming and expensive, and not all candidates were getting full consideration. Their solution was to integrate a live virtual interviewing platform into its hiring process, reducing costs and saving time while enabling HR leaders to draw from a wider candidate pool.

Read the full article here.

On Pinterest and Retail: A Statistics Roundup

We’re big fans of Pinterest for retailers, and were amazed to see these stats that Digiday compiled, citing them as the  “belle of the social media ball for some retailers.”
Are you pinning? If so, please share your link in the comments below — we’d love to see!
Read the full article here.
As of February, Pinterest has 25 million users. (Business Insider)Sephora’s Pinterest followers spend 15 times more that its Facebook fans. (Venture Beat)In fashion and retail, 18 percent of content engagement on Pinterest is driven by brands, 82 percent by community. (Digitas)The best time for retailers and fashion brands to pin is Friday at 3pm ET. (Digitas)70 percent of brand engagement on Pinterest is generated by users, not brands. (Digitas)

Top brands in the fashion/retail space average 46 repins on every pin, proving that those who have a presence on Pinterest, are establishing an engaged following. (Digitas)

Pinterest shoppers are spending significantly more per checkout averaging between $140-$180 per order compared with consistent $80 and $60 orders for Facebook and Twitter shoppers, respectively. (Rich Relevance)

Pinterest’s share of referrals is highest in home and furnishings, accounting for up to 60 percent of all social traffic. (Rich Relevance)

U.S. consumers who use Pinterest follow an average of 9.3 retailers on the site. (Shop.org)

Pinterest pins that include prices receive 36 percent more likes than those that do not. (Shopify)

Moms are 61 percent more likely to visit Pinterest than the average American. (Nielsen)

81 percent of U.S. online consumers trust information and advice from Pinterest. (BlogHer)

U.S. Pinterest users are more likely to live in midwestern states than other social media users. (Internet Marketing)

Pinterest accounts for 25 percent of retail referral traffic. (Rich Relevance)

Average activity of popular pinners is 2,757 pins35 boardsfollowing 355. (Repinly)

Plumfare is Acquired By Groupon

Groupon has been increasing its interest in hospitality since its purchase of  Breadcrumb last year. Now Plumfare, the food sharing application, has been acquired by Groupon.

Plumfare prompts people to take pictures of their food and share them with friends. You’re able to gift those items to your network via SMS, email, or Facebook, only paying if your friend redeems the item.

Read the full story here.

Social Media Sharing: Food & Drink is Top Hit

e heard today from Business Insider, according to their survey conducted in 2012, 46% of people spend 2-5 hours on their iPad during an average day, 25% spend one to two hours daily, and 13.5% spend less than one hour a day.

They followed up: In terms of social sharing, Facebook represents 17.1% of all content shared by iPad users, followed by Twitter with 15.7%. On iPhones, Facebook represents 66% and Twitter 15.8% of all sharing on social media.

Food and drink-related content accounts for 18% of all items shared, the most of any category, according to a classification scheme devised by ShareThis. Family and Parenting related items, which is the most shared category among Facebook’s iPhone users, accounts for 17% of all content shared by Pinterest’s iPad users.

BII pinterest ipad shareBII pinterest ipad categories

 

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TaraPaige Group Is Now On Google Plus

TaraPaige Group is pleased to announce that we are now on Google Plus. On our business page, you will find more great hospitality buzz and insights, so add us to your one of your Google Plus circles to keep the news and information coming.   And make sure to hit the +1 on PaigePapers to share your favorite content with your friends and followers.

Click here to find our page.  We look forward to seeing you on Google Plus!

Caribou Coffee: On Social Media and Sustainability

Fast Casual reports that Caribou Coffee Company Inc. is joining forces with its fans and Project 7, a manufacturer of eco-friendly products, to plant trees in April. As the first major U.S. coffeehouse to source all coffees and espresso from Rainforest Alliance Certified farms, Caribou Coffee, in partnership with Project 7, will plant a fruit tree in Central or South America with each “like” it receives on Facebook in April.

In 2012, this partnership helped to plant more than 100,000 trees, feed the hungry in U.S. communities with 35,000 meals, provide over 3,000 days of shelter for those in need.

To encourage its fans to drink sustainably year-round, Caribou offers all customers who use a reusable tumbler in their locations a 10-cent discount on their beverages. Coffee drinkers can look forward to Caribou’s Earth Day offer when the company gives free coffee to all customers who bring in a reusable mug or tumbler on April 22.

Open Table Acquires Foodspotting

Open Table makes a greater move in the mobile arena by announcing its acquisition of Foodspotting, the photo-share app for restaurants.

In October, OpenTable started getting more serious about mobile by giving restaurants the tools to optimize their sites for the smaller screen to support making reservations over mobile. The images and photography will be used by OpenTable’s restaurants to illustrate their menus. There are 15,000 OpenTable restaurants on the Foodspotting app.

Letter Grades Are Coming to Yelp

The New York Restaurant Association has been objecting to the letter-grade system since 2010. Now, the Daily News reports , one more reason to gripe: those grades will be posted on Yelp within the next month.