mobile pushcart catering business booming in major american cities
Last Updated : GMT 22:42:45
Arab Today, arab today
Arab Today, arab today

Mobile pushcart catering business booming in major American cities

Arab Today, arab today

Arab Today, arab today Mobile pushcart catering business booming in major American cities

Mobile pushcart catering business
Washington - XINHUA

Food vendors and their pushcarts have become ubiquitous in American cities of Washington D.C., New York, Los Angeles and economists believe wide use of smartphones and social media has played a vital role in advancing the mobile catering business.
"We argue that the introduction and proliferation of new mobile communication technologies (e.g. smartphones and social media) have relaxed an information friction complicating the entire food truck business model," Elliot Anenberg, an economist at the Federal Reserve Board, and Edward Kung, an assistant professor of economics at the University of California, Los Angeles, wrote in a recent paper to explain the growing presence of food trucks in major U.S. cities.
Progress of technology and relevant application allow food trucks to broadcast their location information to consumers in real-time, which reduces consumer uncertainty and increases demand for and profitability of food trucks, the economists argued, adding that the growth in food trucks has been associated with increasing interests in smartphones and social media.
Food trucks began growing rapidly in the same year that the iPhone was first released in 2007, and the industry revenues increased 50 percent over five years, reaching 1.5 billion U.S. dollars in 2012, the paper said.
The economists analyzed the Twitter feeds for all individual food trucks operating in Washington D.C. from 2010 to 2013 and found that most trucks posted about their locations on Twitter every day, making them more accessible to customers.
"Many of these location related tweets are used to indicate a change of location due to unforeseen circumstances such as parking and traffic difficulties," they said in the paper.
The Washington D.C. metro area is one of the largest markets for food trucks in the U.S. relative to population, and there are about 367 active food trucks operating here, according to FoodTruckFiesta.com, a real-time automated D.C. food truck tracker.
Anenberg and Kung also noted that mobility has become an advantage for food trucks over brick-and-mortar restaurants as they can serve different consumers each day by switching locations.
"The benefit to being able to serve different locations is that consumers have a taste-for-variety in their day-to-day food consumption and so the food truck can avoid customers which have already been served recently," they said. "With this preference structure, the introduction of mobile technology can make it more profitable to operate as a food truck than a brick-and-mortar, even if the costs of operating are the same."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mobile pushcart catering business booming in major american cities mobile pushcart catering business booming in major american cities

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mobile pushcart catering business booming in major american cities mobile pushcart catering business booming in major american cities

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday