Street Food: 5 business models for 5 industry trends

With many years of experience in the street food sector and hundreds of vehicles made for every type of company, VS Veicoli Speciali is capable of gauging the level of company and consumer interest in the food truck market.

In this regard, there is has been a boom in requests by companies working in the food service sector as well as by companies which, despite working in other fields, are including street food in their marketing mix as a way to promote their brands and make profits. By offering modern, dynamic and enjoyable food service, these companies profit from making a positive impression.

And that’s not all. As a manufacturer and product innovator, VS Veicoli Speciali is in a prime position to understand the current trends in the food truck sector and the business models linked to them.

We have currently identified 5 which we would like to share with our readers in the hopes that they might be a source of inspiration.

5 business models in street food (i.e. 5 different concepts):

 

 

5 strategies to inspire your next street food business

 

PROMO & RETAIL

Where: organized events and promotional tours

Who: medium and big businesses

Objectives: promoting the brand and selling products

Examples: Brazzale, Reitzel, Biraghi, Nespresso, Lavazza, Aperol, Raspini

 

brazzale promo retail food truck

The promo & retail model focuses on brand and product promotion together with the sales of the same.

The companies which choose this strategy focus on a high-quality vehicle that represents the brand at company, sector and private events, festival, fairs, and in planned promotional tours.

It is a marketing strategy guaranteed to make an impact. In addition to giving the brand visibility (promo), profits are made (retail).

 

 

BUSINESS EXTENSION

Where: touring, events, fairs, catering

Who: restaurants, pizzerias, ice cream shops, renowned chefs

Objectives: selling cuisine and advertising

Examples: Yorann (Street ArBre), Lucitta, Tr3vor

 

business extension food truck gastronomie nomade designed for the chef Yoranne

The business extension model works well for those who have a food service location or play a leading role in one.

Well-known restaurants, pizzerias, ice cream shops, bakeries, cafés and bistros take advantage of food trucks to broaden the scope of their businesses by taking over new spaces, reaching more clients and making themselves known throughout the territory.

With a food truck, established chefs, with or without their own locations, can give a big boost to their notoriety and freshen up their image by placing themselves at the forefront of the sector.

 

 

FOOD COURT

Where: commercial spaces, private courtyards, halls, markets

Who: chains, supermarkets, hotel groups, single hotels and resorts, casinos, golf clubs

Objectives: providing continuity in service, selling more, rejuvenating the brand image

Examples: Weissestain, Mercure, Chennonceau, Iper La Grande, Carrefour, Artari, Re Nero

 

Piaggio Ape street food designed for Emporio Artari italian cafeteria in Versailles France

The food court concept consists in placing your food truck in a private or commercial space in order to offer food service or catering as a continuation and extension of the services offered to your clientele.

The choice to invest in a food truck is motivated by the advantages it offers in terms of:

  • reduction in costs
  • mobility
  • a positive brand image

 

 

SREET FOOD NOMADE

Where: street, touring, fairs and festival

Who: young entrepreneurs and new brands

Objectives: selling and making immediate profits

Examples: Pastardo, Cristi Crepes, Le Coin Gourmand, Bobson

 

le coin gourmand d'angie street food nomade

The street food nomad model reimagines the longstanding tradition of street food by focusing on high-quality products and an extremely mobile and dynamic business.

The idea is to identify new sales locations by chasing down business opportunities wherever they are, just like modern nomads.

 

 

PROXIMO FOOD

Where: traveling, highly organized and online

Who: restaurant chains

Objectives: door-to-door sales with online presales and selling the rest directly on the street

Examples: Maracaiba, Rock Burger

 

Rock Burger Truck proximo food business model

Proximo food is the most advanced model because it requires a higher level of technological integration, sophisticated organization and good planning.

In order to develop it, you need to be set up to receive orders (telephone, internet and apps) for the food truck to make deliveries on time and then to sell the food in the appropriate place.

Ideally, at least 70% will be sold by order and the remaining 30% will be sold nearby (proximo).

 

 

Obviously, as in all tables and diagrams, we have had to simplify. There are many different companies in the street food sector that lie within gaps of the table or have successfully combined various business models.

We live in a world full of opportunities, so we must know how to seize upon them with initiative and insight.

VS Veicoli Speciali is the ideal partner for companies who wish to be leaders in the street food sector and benefit from the superior quality of VS vehicles, consultation based on the specific needs of the client, and excellent post-sales service.

5 outstanding business models and a single top-of-the-line food truck manufacturer: VS Veicoli Speciali.