Walmart's "Dinner Tonight" Platform Will Kill the Meal Kit Industry | Fast Five Shorts
Walmart launches "Dinner Tonight" - a new meal solution platform that combines recipes, ready-made meals, and one-click ordering with same-day delivery. Chris and Anne analyze why this could be the meal kit killer and how Walmart's AI integration positions them ahead of competitors. Brought to you by the A&M Consumer and Retail Group, Simbe, Mirakl, and Ocampo Capital.
๐ Walmart's meal solution innovation
๐ Why meal kits are like "stylus on palm pilot"
๐ How AI integration amplifies the platform
๐ Competitive advantages over traditional meal delivery
For the full episode head here: https://youtu.be/IHX4xxVvFJs
#walmart #dinnertonight #mealkit #retailtech #groceryinnovation #omnitalk
Walmart is attempting to answer the age old question what's for dinner?
Speaker AIf you didn't get catch that from Chris's like version of the jingle I feel like Chicken tonight.
Speaker AAccording to Progressive Grocer, Dinner Tonight, which launched in early June, is a one step platform on Walmart's website and app that aims to be a total meal solution for shoppers.
Speaker ACustomers can simply type in Dinner Tonight, easy dinner, Easy Meals or be routed directly to the landing page.
Speaker ADinner Tonight features one click baskets with everything from spaghetti and meatballs to tacos and stir fry as well as a recipe hub, shoppable lists and global meal inspiration.
Speaker ACustomers can also use the platform to shop for hot rotisserie chickens, wings and favorites like berry Chantilly cake to be delivered directly from Walmart's deli and bakery.
Speaker AChris, what's the verdict on Walmart's D Dinner Tonight platform?
Speaker BChantilly I I actually love this an I don't know if you tried it out but did you try it out yesterday?
Speaker BI tried it too.
Speaker BYeah and it's pretty slick.
Speaker BLike you preload your delivery time which is kind of cool.
Speaker BLike I wasn't expecting that to do that.
Speaker BAnd then you can one click anything you want from recipes to ready made meals to heat and eat options like it's all available to you.
Speaker BAnd I think that's great because it hits on a need state of what do I want to do for dinner?
Speaker BBecause you know, and it's in the moment too, which is long made meal kit options kind of impractical and wasteful at the end of the day because you have to pre order all that stuff in advance.
Speaker BThen you're like I don't, I don't want chicken Kiev for dinner tonight.
Speaker BRight.
Speaker BLike that's just not, not something I'm in the mood for.
Speaker BSo this, this changes that.
Speaker BAnd the other point I would make is I could see the way it works.
Speaker BI could see people using it habitually.
Speaker BBut the thing I love most about it, Ann, is I go back.
Speaker BIt goes back to a prediction I made in 2018 where I said meal kits were going to go the way of the dodo bird and I called them in Forbes, the equivalent of the stylus on the Palm Pilot.
Speaker BBecause an actual grocery store is a meal kit when you think about it, when it's supercharged with technology and technology can just do it better.
Speaker BSo that's what Walmart is doing here.
Speaker BThey're taking the idea and they're making it better and so kudos to them and I love them.
Speaker BYet Again, for what I think is a, is a, is a platform with a lot of potential here.
Speaker BJust depends over how they, how they manipulate it over time.
Speaker AI think potential is the key word here.
Speaker AI mean looking at it right now, there's nothing revolutionary about this.
Speaker AIt's, that's the same thing that you see on a lot of sites with the exception of how the they're going through and you're planning your time.
Speaker ABut if you just go to dinner tonight, like yes, there's a recipe hub, yes, there's, you know, there's, you can pick, heat and eat meals.
Speaker ALike a lot of retailers are doing this.
Speaker ABut I think what is interesting about this is number one, the split speed.
Speaker ANo grocer can match this speed.
Speaker AAnd this collection of recipes right now, like Walmart can.
Speaker AI mean it.
Speaker AAnd, and on top of it, which I think is even better, is like when I, what I did yesterday was ordering all of these things plus a few of essentials.
Speaker ALike my kid needed sunscreen, an extra bottle of sunscreen.
Speaker ASo it's like all of these things that truly make sense to happen in this one moment.
Speaker AAnd what I love even more is that I think so Sparky is not even integrated into this yet fully.
Speaker ALike you have to go to a different place to ask Sparky a question, but it is serving up the content.
Speaker ASo if you went to Walmart and you're like, what's for dinner tonight, Sparky?
Speaker AIt'll pop up.
Speaker AThe key thing here is that not only will that pop up on if you're on Walmart.com searching for it, but when more and more people are going to chatgpt asking the same question, what's for dinner tonight?
Speaker AOr Walmart will be showing up there, these recipes will be showing up there.
Speaker AThey've done all the right things to connect all the dots here so that you make sure that you're showing up and you're going to pay off that experience tenfold once people realize, oh wow, I can, I can get this to my house in an hour or less.
Speaker AHitting on that that needs state that you talked about earlier.
Speaker BYeah, I mean I wonder, I wonder if it actually isn't a more budget friendly way to actually do your grocery shopping too.
Speaker BLike when you're just buying your dinner in the moment every day for what you feel like you and your gonna want to eat and you're paying the fee for Walmart plus but then you get the delivery, you know, at a, at a, you know, reduced rate.
Speaker BAnd so like, you know, you're not wasting food anymore either.
Speaker BSo, like, I think this is, this is great for both income stratas which Walmart is killing at.
Speaker BThey're killing it, you know, the traditional customer that they have and then expanding it into people, you know, with the higher income echelons for the reasons that you, you describe.
Speaker BSo, yeah, I think it's great.