文章 星期二 26th 3 月 2019

The era of the dynamic menu is upon us

McDonald’s $300m acquisition of an Artificial Intelligence company heralds a new era in the way in which food menus will be adjusted and optimised in real time.

The application of artificial intelligence (or even human intelligence) in real time allows for some obvious optimisation of the menu to reflect weather patterns or local buying behaviours.

More interestingly, the ability to flex the menu to focus customers choice on easy to produce items, or higher margin products creates huge opportunity for optimisation.

With 68 million customers per day small improvements in efficiency or margin clearly yield massive prizes – and from a McDonald’s perspective this more than justifies a $300m investment.

It will be interesting to see if customers notice that their choices are more actively being guided by these dynamic changes to menus, or if they continue to be blissfully unaware of the artificial intelligence steering their behaviour.

Of course as a standalone investment, Dynamic Yield is probably a fairly safe bet too – participating in one of the highest growth parts of the tech market.

So it seems to be a far sighted and strategic move all round!

建议性文章

查看所有文章

星期一 14th 10 月 2019

The new kid on the block – Blockchain

Blockchain seems a notch less hot than it used to. As per Crunchbase data, investments in 2019 are estimated to be $3.38 billion, which...
阅读文章

星期日 29th 9 月 2019

What’s in store for retail analytics?

At OC&C we’re increasingly deploying our big data analytics capability in Retail. As we support retailers with analytics, we’re looking at what’s new and...
阅读文章

星期四 19th 9 月 2019

7 step brand planning in a big data world

I’ve spent half my career working in advertising, and later brand strategy consulting. Brands were my first love. But how we think about building...
阅读文章

星期四 30th 5 月 2019

Rethinking CPG revenue growth management: A 21st century approach

A quick scan of the business pages will tell any consumer goods executive something they already know: consumer goods companies are trading within a...
阅读文章