Feeding consumers’ evolving appetite

Feeding consumers’ evolving appetite

Author: Adyen UK August 8, 2023 Duration: 36:21

The pandemic taught food and beverage brands how to evolve through innovation. Digital took the forefront, and convenience and efficiency became more important than ever when it came to keeping business afloat. Meanwhile, takeaway and delivery options opened up new revenue streams for restaurants and cafes, expanding their consumer base and appealing to a whole new audience. 

 

But as the industry continues to face a pressurized social climate with the current cost-of-living crisis, and recession predictions looming, brands are pivoting their attention back to the one factor that can make or break their reputation – their customers. 

 

In this episode of Beyond Retail, we hear first-hand what it takes to keep customers happy in the food and beverage space. We explore the habits and trends that are influencing the most recent developments in this ever-evolving landscape. We also discover more about the technology and software helping businesses seamlessly and efficiently manage these changing demands. 

 

We speak with Shane Mansfield, Marketing Director for Just Eat for Business, to hear more about the origins of food delivery technology, and the growing personalization features designed for increased consumer demand.

 

Diego Masciaga, customer experience expert, author, and former-manager of the three Michelin-starred restaurant, The Waterside Inn, gives us an inside look at how restaurants are balancing identity and uniqueness in their branding and atmosphere to create memorable experiences for their customers. He also shares the changes he’s seen in consumer demographics throughout the history of his career in hospitality. 

 

And lastly Team Lead for Account Management at Adyen, Nicole McQuaid, tells us how consumer behaviours and preferences around food delivery and food ordering are shifting alongside the industry’s adaptations and societal changes. 

 

If you want to find out more about technology and behavioural trends, visit Adyen.com/en_GB/ for more.

 


Beyond Retail explores the profound and ongoing transformation of the UK high street, a shift that extends far beyond the pivotal moment of March 2020. For decades, retail has been navigating a gradual revolution, driven by the relentless rise of ecommerce, the advent of mobile shopping, the emergence of social commerce, and a deepening focus on customer experience. This podcast examines how these forces have reshaped the landscape long before recent global events forced the issue. The pandemic served as a powerful accelerant, turning digital transformation from a strategic advantage into an urgent necessity for survival. In each episode, we delve into the innovations sparked by this pressure, hearing from leaders and thinkers who are reimagining what it means to be a retailer today. Listeners will gain insights into the convergence of business and technology, understanding how adaptability and forward-thinking are rewriting the rules of engagement for brands and consumers alike. Join us as we move beyond traditional narratives to uncover the resilient, creative, and tech-driven future of commerce. This is a podcast for anyone curious about the real stories behind the evolution of our shopping habits and the businesses that serve them.
Author: Language: English Episodes: 16

Beyond Retail
Podcast Episodes
Reading the tea leaves: What awaits? [not-audio_url] [/not-audio_url]

Duration: 26:22
The food and beverage space has done a lot of evolving over the last decade. And after some unprecedented circumstances, it experienced some short but rapid stages of advancement, bringing us new technologies that are no…
Creating a recipe for staff retention [not-audio_url] [/not-audio_url]

Duration: 41:19
Throughout this season, we’ve explored the value that atmosphere, design, and innovative tech provide when boosting customer experience. But as an industry built on people, F&B is increasingly shifting its focus inward t…
Spaces designed for consumption [not-audio_url] [/not-audio_url]

Duration: 35:00
You may think a signature dish or culinary theme are all a food and beverage business need to develop a strong identity. But in reality, the meals served at our favourite eateries are one of many factors contributing a c…
Bite-sized reflections [not-audio_url] [/not-audio_url]

Duration: 36:14
The food and beverage space isn’t what it once was – it’s much, much better. Even before the pandemic, restaurants, bars and cafes were on a steady march towards modernisation. Takeaway apps were making it possible for r…
Platforms for growth [not-audio_url] [/not-audio_url]

Duration: 33:03
Brands are spoilt for choice when it comes to business tools; POS systems, CRM databases, even social media. These technologies are just a sampling of the plethora of services available to help retailers function and evo…
Data engineers are the new fashion designers [not-audio_url] [/not-audio_url]

Duration: 35:58
Not that long ago, you’d only expect a personalised customer experience if you were a regular repeat customer on your local high street - or if you happened to be a VIP shopping at Gucci. But that’s no longer the case. T…
We still love getting physical [not-audio_url] [/not-audio_url]

Duration: 37:50
Physical stores aren’t going anywhere. And Adyen’s latest research found that consumers support this, with 59% still preferring to shop in-store. While sensationalist news headlines might try to convince us otherwise, th…
Prove you’re worthy of long term loyalty [not-audio_url] [/not-audio_url]

Duration: 36:05
The retail landscape is rapidly changing alongside both global shifts and local pressures. Accelerated by the pandemic, businesses are now blurring the lines between digital and physical experiences. This shift towards m…
When the going gets tough, the tough diversify [not-audio_url] [/not-audio_url]

Duration: 37:56
The initial ‘response’ phase of the pandemic is over. Now, as we’re adjusting to a state of normal(ish), it’s a good time to take stock and evaluate the current state of UK retail and hospitality. We’ve seen that many re…
High tech, high impact [not-audio_url] [/not-audio_url]

Duration: 39:43
Impact seems to be on everyone’s minds these days. The pandemic has reawakened the altruist in us all, and the societal and environmental impact of brands matter as much as price when making purchasing decisions. Technol…