Foodable Network Shows are Now Available on Spotify

Foodable Network Shows are Now Available on Spotify

Move over Apple, Spotify continues to reign in the music streaming realm.

Earlier this year, Justin Patterson, an analyst for Raymond James predicted that Spotify's subscriptions will spike to 150 million by 2020.

This is double the current number of subscribers.

"The music industry is shifting from a transactional to on-demand model, and Spotify is well positioned to double its subscriber base, expand gross margin, and generate material free cash flow," wrote Patterson back in May. It has "one of the best growth rates in tech – there is a scarcity of companies poised for 40 percent annual profit growth through 2019."

Apple launched Apple Music, a streaming service in 2015 for $10 a month to compete with Spotify and other music streaming services like Pandora. But Patterson doesn't anticipate that Apple will be able to overtake Spotify in the music category.

"We doubt Apple ever overtakes Spotify ever in music," said Patterson. "Rather, the risk is that Apple slows Spotify's growth in markets where iOS devices have large installed bases."

Although Apple and Amazon are both ahead of the game when it comes to on-demand video content and podcast, Spotify has been aggressively collecting this type of content.

With its massive subscriber database, Spotify could quickly emerge as a strong competitor in this space.

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Best Practices to a Successful Off-Premise Program

Best practices are one of the biggest challenges of the Off-Premise Paradigm. But that does not mean there can not be success. On this episode of The Takeout, Delivery, and Catering Show we meet Mike Axiotis, CFE, President & CEO, Lehigh Valley Restaurant Group, who is the franchise operator for Red Robin, covering Lehigh Valley, Philadelphia, and Harrisburg. Lehigh Valley is known for being a model for off-premise sales success. They have differentiated their channels with a unique transaction workflow, product selection, packaging, and centralized services. This has laid the groundwork for their successful off-premise franchise story. But, this is not the full story. This episode will explore how one franchise system launched an off-premise program, maintains their program, trains the staff, and trains the customer through marketing and other brand touch points designed to keep guests coming back for more.

SHOW NOTES

  • 00:18 Introduction

  • 03:14The Development of the Lehigh Valley Restaurant Group

  • 04:32 Off Premise Systems

  • 06:09 Off Premise Strategies

  • 09:56 Lessons from catering

  • 11:44 Aligning the executive team

  • 14:08 Pillars to a standardized system

  • 17:02 The employees within the system


  • 20:13 Service experience

  • 22:26 Call Centers

  • 28:11 Marketing Differentiations

  • 33:10 In store marketing

  • 33:42 Corporate commercial Impact

  • 35:27 Determining a marketing channel

  • 37:23 Advice to operators

  • 37:53 Who influenced who?

This episode brought to you by:

 

Artificial Intelligence Is Primed To Drive Economic Growth In Food Service

In this episode of The Takeout Delivery and Catering Show, Valerie and Erle talk with Ted Cohn, Co-Founder, and CTO at Orderscape Inc, to talk about AI in food service. AI is predicted to be a major player in economic growth over the next decade in food service.

“56 percent of consumers today are ready to order meals using voice…” Says Cohn.

In today’s ever-changing technological landscape it is important to be on top of where the technology is today and where it will be in the future. Your customers are adopting faster than you are and you do not want to be playing catch-up.

SHOW NOTES

  • 01:49 - Why is it important for operators to get out in-front of this technology?

  • 04:57 - Ted Cohn, Co-Founder, and CTO at Orderscape Inc, welcome to the show!

  • 07:28 - Why is voice so important right now?

  • 13:48 - How does this impact operators?

  • 17:33 - How will A.I. drive economic growth?

  • 24:49 - Can A.I. learn your customer?

  • 26:35 - Tell us about some of the success stories.

 

This episode brought to you by:

 

The Booming Business of Coffee and Tea

The Booming Business of Coffee and Tea

On this Special Podcast recorded at Foodable.io, brought to you by Kabbage, we get to discuss the massive growth and new innovation in the beverage scene. In this episode, Host Yareli Quintana leads the discussion about the creative process of developing an artisan beverage, the nuances of sourcing, and personalizing experiences to gain customer loyalty.

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Across Continents: Off-Premise Comparisons At Home and Abroad

Across Continents: Off-Premise Comparisons At Home and Abroad
  • The off-premise conundrum for operators is similar in the U.S. compared to the U.K. with 3rd-party marketplaces wining when it comes to your customer information.

  • How can operators take control back?

Whether you’re are in the UK or the US, technology is driving innovation.  But where are we all going and are these technological solutions helping our restaurant businesses? In off-premise, delivery services and 3rd-party marketplaces are the disruptors everyone is talking about, at least over the last five years. Restaurant operators think they have little choice except to jump on the delivery brandwagon or be left behind in its wake. On this episode of The Takeout, Delivery, and Catering show, Valerie, and Erle sit down with Peter Backman, a U.K.-based consultant who specializes in the eating out market overseas. Peter, Valerie, and Erle discuss how the 5 Pillars of Successful Takeout, Delivery & Catering can reposition brands across the world to take the wheel. This discussion includes the onslaught of independent, aggregated, and third-party delivery providers, and the new paradigm of off-premise operations in restaurants at home and abroad. 

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