The Impossible Cheeseburger looks just like any other conventional burgers. The unconventional part lies in the source of its protein, which is 100% plant-based. It is different from a veggie burger on that fact that it is made for meat-lovers who are not willing to compromise the pleasure they get from conventional burgers. It is “the most delicious burger they can buy at the best value”, Impossible Foods claimed.
Veggie burgers have been around for decades, but they are usually sold on a side menu to accommodate the small segment of vegetarian consumers. Impossible Foods’ plan to target the general public solely with its plant-based burgers is definitely a bold move, especially in the highly competitive fast food industry. Its unique meat recipe well differentiates the company and helps it enter the market strong. The company recognizes that most consumers are unlikely to compromise the pleasure they get from burgers for the environment. Therefore, instead of emphasizing on the environmental and health benefits of its products, Impossible Foods emphasizes on the quality of its “meat”, which provides the same or better taste and smell. The company’s strategic marketing message grabs the public’s attention and aids the successful launch of this new product.
As of now, Impossible Foods has only one product planned for sale, the Impossible Cheeseburger. I think there is little problem attracting the first batch of consumer because it is a fresh and interesting concept; the real challenge is to sustain sales after the hype and outcompete other well-established fast food giants on quality and price. Moreover, the company need to generate enough revenue to fund the development of other products and launch them fast before its competitors come up with similar products. Ongoing innovation is crucial to secure the company’s place in the industry.
One concern I have for the product is the amount of artificial flavouring and other additives required to create the meat taste and smell. It would be reassuring to the public if Impossible Foods can be transparent on its ingredients and provide nutrition facts on its products.
For those who are interested in learning more about the company, you can find an interview with the company’s founder, Patrick Brown, here: http://www.greenbiz.com/video/impossible-foods-founder-patrick-brown-burgers-made-plant
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