Monday 21 May 2018

How customer buying behaviour affect food franchises in India

Changing consumer taste, increasing demand for natural ingredient-based cuisines and emerging technologies are significant factors that play essential role in progress of foodservice sector in India over past few years. Not surprisingly, food franchise players offer wide range of delicious cuisines at reasonable rates but it is essential to know customers demand and how they spend money on snacks away-from-home. Buying behaviour of consumers is mostly affected due to increased income level, brand awareness, urbanization, and changes in lifestyle, price and technologies. Significant rise in income of lower and middle-class families have encouraged food franchise players to create better foodservice destinations for customers. For instance, Chatar Patar foods Pvt. Ltd. is well-known panipuri franchise brand based in Indore which has introduced standardized foodservice formats to offer hygiene and fresh cuisines like panipuri chaats, and bhels. To establish food franchise outlet you must consider few things:
1.    Demographics: India is a vast country so it is necessary to find out right target audience. The success of QSRs will continue to motivate new food franchise players; moreover India is emerged as one of the ideal nations for food business establishment.
2.    Quality services: Chatar Patar leads the street food franchise market with awesome and creative concepts. Quality food and services is what customers are looking for these days.Young generation is more health oriented and hygiene conscious it can also be considered.
3.    Promotions: In order to engage with customers several food franchise operators implement strategies like free home delivery, free gift and coupons, combo meals, discounts, special offers, etc. Indian consumers are price sensitive that’s why companies have created such type of promotional strategies.
4.    On-going trends: Modern-day consumers are always searching for quick, convenient and affordable snacks. Customer buying behavior decides future of any food brand, so one must acknowledge latest trends.

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