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4/20/2016 Fast Food For Millennials By Millennials Forbes http://www.forbes.com/sites/deniselyohn/2016/04/20/fastfoodformillennialsbymillennials/print/ 1/4 http://blogs.forbes.com/deniselyohn/?p=480 CMO NETWORK 4/20/2016 @ 5:36AM 650 views Fast Food For Millennials By Millennials The story behind Freshii , the 200unit healthy fast food chain, could be about its founder, Matthew Corrin , who gave up his job with fashion designer Oscar de la Renta in order to “Starbuck” the healthy dining industry. The Freshii story could be about how the company got started over 10 years ago when healthy wasn’t as hip, and yet opened its first 100 locations faster than Subway, Jimmy John’s, and McDonald’s. It could also be about how a business attracted nearly 10,000 applications for franchises without soliciting a single one. Freshii’s story is all of these, but it is primarily about the success of fast food that is for millennials by millennials. While most restaurant brands — actually most businesses in general — work hard to be relevant and Denise Lee Yohn Contributor I write about great brands and their strategies. Opinions expressed by Forbes Contributors are their own.

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Page 1: Fast Food For Millennials By Millennials€¦ · 4/20/2016 Fast Food For Millennials By Millennials  Forbes foodformillennialsbymillennials/print/ 1/4

4/20/2016 Fast Food For Millennials By Millennials ­ Forbes

http://www.forbes.com/sites/deniselyohn/2016/04/20/fast­food­for­millennials­by­millennials/print/ 1/4

http://blogs.forbes.com/deniselyohn/?p=480

CMO NETWORK  4/20/2016 @ 5:36AM  650 views

Fast Food For Millennials ByMillennialsThe story behind Freshii, the 200­unit healthyfast food chain, could be about its founder,Matthew Corrin, who gave up his job withfashion designer Oscar de la Renta in order to“Starbuck” the healthy dining industry.  TheFreshii story could be about how the companygot started over 10 years ago when healthy wasn’tas hip, and yet opened its first 100 locationsfaster than Subway, Jimmy John’s, andMcDonald’s.  It could also be about how abusiness attracted nearly 10,000 applications forfranchises without soliciting a single one.

Freshii’s story is all of these, but it is primarilyabout the success of fast food that is formillennials by millennials.  While mostrestaurant brands — actually most businesses ingeneral — work hard to be relevant and

Denise Lee Yohn Contributor

I write about great brands and their strategies.

Opinions expressed by Forbes Contributors are their own.

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4/20/2016 Fast Food For Millennials By Millennials ­ Forbes

http://www.forbes.com/sites/deniselyohn/2016/04/20/fast­food­for­millennials­by­millennials/print/ 2/4

compelling to the 83+ million consumersbetween 16­34 years old who spendapproximately $600 billion each year in the U.S.(Source:  Accenture), Freshii does it with ease.

The company started in 2005 when Corrinstruggled to find healthy grab­and­go lunchoptions that weren’t boring.  He set out toeliminate the excuse that people couldn’t eat wellbecause they either couldn’t afford to or it wasn’tconvenient.  In spite of — or perhaps because of— his lack of restaurant operating experience, hedove head first into the business and opened asalad shop in his home town, Toronto.  Two yearslater Corrin rebranded the concept to Freshii andexpanded into Chicago.

Fast forward 11 years and Freshii is now in 85+cities and 15 countries.  Serving entrees, burritos,smoothies, fresh­pressed juices, and of course,salads, Corrin describes Freshii as “healthy foodfor the masses” and points out that most otherhealthy restaurant concepts are more niche. They are either targeted to the “Brangelinas” whoalready have many exclusive healthy options orthey serve vegan, organic, or other nicheofferings, he explains.  Freshii, by contrast,offers, “broad products at affordable pricepoints.  We’re one step away from burgers, sopeople don’t have to jump all the way to tofu.”

But Corrin credits the popularity of Freshiiprimarily to its millennial focus.  With Corrinhimself and two­thirds of Freshii franchisees inthe millennial age range, he explains, “We are amillennial management team with millennialfranchisees serving millennial guests — no otherconcept is so centered on millennials.”  Thisunique positioning makes the brand appealauthentic.

It also means Corrin and his team have anintuitive understanding of how to resonate withtheir core customers.  For example, the companywas built with a “Triple Bottom Line” outlook onits performance — meaning, it measures itssuccess not only on financial results, but also onenvironmental and social impact.  It works withthe non­profit WE on its “Free The Children”program to build school kitchens and schoolgardens in developing countries.  Corrin says thatthe program’s essence, “children helpingchildren,” is very compelling to millennials. 

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4/20/2016 Fast Food For Millennials By Millennials ­ Forbes

http://www.forbes.com/sites/deniselyohn/2016/04/20/fast­food­for­millennials­by­millennials/print/ 3/4

Freshii has also demonstrated its millennialsensibility through PR stunts.  Last year Corrinwrote an open letter to McDonald's CEO SteveEasterbrook, challenging him put a mini­Freshiiunit inside just one McDonald’s location.  Theletter recounted McDonald’s dismal results at thetime, saying “The reality is that McDonald’s isstagnating and your growth days are over. Youare struggling with declining same­store sales,offering franchisees inadequate leadership andfumbling through your menu rather than addinghealthier options.”  “The move,” Corrin wrote,“would pay for itself, increasing same store salesby 30% and boosting annual profits by $250,000per unit.”  Not surprisingly, McDonald’s didn’trespond, but the resulting coverage in the newsmedia and the conversations in social mediaproved the gesture struck a nerve withconsumers.

More recently, when Chipotle announced itwould be closing its restaurants for a nationalsafety meeting after outbreaks of food borneillness at its locations, Freshii ran a promotionoffering 50% off its Mexican­inspired menuitems.  Although Corrin’s statement about theoffer seemed to indicate a benevolent intent to“help consumers through these dark hours” and“look after their customers while Chipotle pausedto recalibrate,” it was yet another ballsy movethat drew attention to Freshii and its uniquebrand of promotion.  Corrin says his millennialcustomers who are “bored easily and onto thenext quickly” appreciate when the chain “pushesthe status quo.”

Freshii is among a growing list of quick­serverestaurant chains — including Sweetgreen,Taylor Gourmet, and Luke’s Lobster — that arefounded and run by millennials.  Like the rest ofthis new generation of influential restaurantbusinesses, Freshii is shaking up the industry byappealing to millennials in ways that older,established brands simply can’t.

Denise Lee Yohn is a brand­building expert,speaker and author of What Great BrandsDo and Extraordinary Experiences.

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