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Abh Mar 140319 509PM Ac201903024
Abh Mar 140319 509PM Ac201903024
Executive summary
This is a report associated with the marketing plan of a small restaurant, MNKY HSE Restaurant
located in London, UK which is having only a single branch in UK market. This study has
provided a situational analysis of UK restaurant industry which is used for developing the market
strategies and objectives of the business. In addition to this, the study has demonstrated SWOT
and PESTEL analysis along with Porter’s five forces model analysis in order to develop the
marketing capabilities effectively. The study presented the STP analysis to understand the
market segmentation, branding strategies and target groups which can help to fulfil the marketing
aims and objectives of the restaurant firm. Furthermore, the study has used 7ps of marketing mix
strategies for analysing the current scenario of the business and enhancing its promotions
strategies in the market. The company needs to adapt competitive marketing strategy and cost-
overview to enhance optimum profit margin through sales. Additionally, needs and benefits of
social media marketing and personalised product are illustrated in this business. Ultimately, the
report has developed a Gantt chart for presenting the budget and resources for one year that will
be consecutively used for 3 years in business.
Table of Contents
1. Introduction..................................................................................................................................4
3. Market overview..........................................................................................................................4
4. Situational analysis......................................................................................................................5
6. Marketing strategies...................................................................................................................12
References......................................................................................................................................27
Appendices....................................................................................................................................31
30%
20%
Business man
Happy couples
Tourists
Family
High-ended Singles
20%
25% 5%
High quality
Sketch London
Low quality
Competitive
pricing
strategy
Pricing
strategies
Image Cost-plus
pricing pricing
strategy strategy
(Source: https://www.business-to-you.com/scanning-the-environment-pestel-analysis/)
Appendix 2: Company background
(Source: http://www.mnky-hse.com/)
Appendix 3: Gantt chart