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Business Feasibility Midterm Project
Business Feasibility Midterm Project
Business Feasibility Midterm Project
Business Overview:
QUEENTANG is a company that creates foods and snacks with potatoes as the main
component.
Business Description:
In order to ensure that clients are happy and satisfied with the services offered at
QUEENTANG, staff members must serve customers warmly and amiably, provide food and
potato-based snacks, and uphold the quality and hygienic standards of the ingredients used
1. Business Goals:
Market Analysis:
This is the picture of countries that eats the most potatoes in 2020
c. Selling Product:
We will charge the following pricing for our goods. It costs 20,000 Rupiahs for potato
steak, 10,000 Rupiahs for potato noodles, and 15,000 Rupiahs for potato toast
Demography:
The diagram of Indonesian population based on sex and ages in 2020
All current demographic components, such as six ages children, adults of any gender,
people of any race or ethnicity, people of any religion, and people from the lower middle
class to the upper middle class are all included in QUEENTANG. Anybody can enjoy
QUEENTANG. QUEETANG is currently concentrating on the area of Central Java,
particularly in the cities of Semarang and Kudus
Market Segmentation:
The diagram of potatoes production in the world and United State from 2009 –
2015
Market Growth:
Food innovation will increase significantly over time, just like QUEENTANG.
QUEENTANG will keep coming up with new ideas for potato-based foods and snacks of
course, that will be well-liked by many people and have pricing that everyone can afford
without sacrificing the quality of the food and snacks. After becoming successful in both
cities, Semarang and Kudus, QUEENTANG will open another outlets in many cities as well
Target Market:
This company will be based in Kudus, Central Java. Its target market is all
demographics, and it focuses on offering a welcoming environment in addition to high-
quality meals and snacks. Because there will be many visitors, particularly young people in
the 20 to 30 age bracket, if there is a comfortable and attractive location to converse and rest,
they will go to QUEENTANG and experience the feeling of a unique and comfortable setting
and delicious food, after which they will invite friends, family, and coworkers to experience
the happiness that offered by QUEENTANG
Location: A location with good and easy accessibility and strategic enough
Genders: All of genders
Ages: All ages categories, minimum 6 years old
Career: People with lower income, medium income, and high income
Education: All education background
Lifestyle: Small and Big city urban
Occupation: All occupations
Positioning:
Food and snacks that are both delicious and healthful are produced by
QUEENTANG. Because it is composed entirely of potatoes and does not include any
preservatives, QUEENTANG is not only filling but also healthful for customers
Vision:
Our top concern is making sure that our customers are satisfied and have a comfortable
environment with hygienic meals
Mission:
1. Providing customers with wholesome meals and snacks
2. Reducing the negative connotations that society has about potatoes, which can be
prepared to make extremely nutritious meals and snacks rather of merely being an
expensive and opulent vegetable
3. Make QUEENTANG can compete in international world
Products:
QUEENTANG creates three top-selling items that are entirely comprised of potatoes and free
of preservatives. These goods consist of:
1. Potato Steak
2. Potato Noodles
3. Potato Toast
When launching a firm, there are five major hurdles that must be overcome. These are
the difficulties:
1. Competitive Rivalry
Eat Toast - Totu Potato, Daesang Chung Jung, and The Steak Box are
QUEENTANG's main rivals; they engage in fierce competition. Prices, the usage of
ads, and the services offered to customers all face competition. This is done in an
effort to get customers to keep buying their goods
Newcomers frequently consider how they might compete with their rivals by offering
products at lower prices while investing less money but making more money. The
four primary areas on which new competitors hope to influence their rivals are as
follows. These elements relate to the cost, the variety of goods sold, and the cost of
acquiring raw materials from suppliers
a. Cost
The price being discussed here is the decrease in manufacturing costs for each
individual piece. For instance, QUEENTANG can make 100 portions in a single
day using materials that are simple to obtain from nearby farmers, but Daesang
Chung Jung may also make 100 portions in a single day but occasionally needs to
wait for some items to arrive first since they are imported from abroad and arrive
at various locations days later. QUEENTANG shines in this instance
QUEENTANG makes food and snacks made of potatoes that are entirely natural
and free of preservatives. Other competitors employ preservatives in their
products, therefore when they attempt to compete with QUEENTANG, they will
find it difficult to balance the items they use with those that do not. In this
instance, QUEENTANG is superior than its rivals by a wide margin
Because local farmers source the potatoes used by QUEENTANG, they can
provide very low prices for raw materials. due to their relationship with
QUEENTANG; nevertheless, if they sell raw materials to other businesses, they
will double the price and only apply once
3. Power of Suppliers
4. Power of Buyers
One of the most crucial factors in business is the customer. Similar to other
businesses, QUEENTANG's business depends on how appealing promotions and
commercials are to consumers. The more consumers buy QUEENTANG products, the
more likely they are to do so again and to recommend QUEENTANG products to
their friends and other acquaintances
5. Threat of Substitute
If a product has been around for a while and is well-known, people will typically find
it simpler to recognize the brand. For newcomers like QUEENTANG, this turns into
one of the obstacles. QUEENTANG must choose the best approach to help customers
remember and continue to associate the QUEENTANG brand with its products. The
more individuals who are aware of QUEENTANG, the more likely they are to
continue purchasing its goods
Product Description
Product Details:
1. Potato Steak
is a top-selling steak dish at QUEENTANG with a potato base
2. Potato Noodles
is QUEENTANG's second-best seller. It is a type of noodle made from potatoes
3. Potato Toast
is a processed toast produced from potatoes and is the third top selling from
QUEENTANG
Small Information about Nutrients of Potato:
The equivalent of 1 medium potato, or 100 grams, contains about 88 calories and the
following nutrients:
20 grams of carbs
1.9 grams of proteins
1.8 grams of fiber
380 mg of potassium
0.3 milligrams of zinc
13 milligrams of vitamin C
Resources:
1. Potato Steak
Tools:
No Name of Tools
1 Grill
2 Plate
3 Spoon
4 Fork
5 Gas
6 Bowl
7 Knife
8 Spatula
9 Dish soap
10 Wastafel
Ingredients:
No Ingredients
1 Potatoes
2 Wheat flour
3 Carrot
4 Chili Sauce, BBQ Sauce, Tomato Sauce
5 Baking soda
6 Salt
2. Potato Noodles
Tools:
No Name of Tools
1 Plate
2 Bowl
3 Pan
4 Stove
5 Gas
6 Spoon
7 Fork
8 Noodle filter
Ingredients:
No Ingredients
1 Potatoes
2 Egg
3 Baking Soda
4 Wheat flour
5 Salt
6 Sugar
7 Garlic powder
8 White pepper
3. Potato Toast
Tools:
No Name of Tools
1 Toast maker
2 Plate
3 Knife
4 Fork
Ingredients:
No Ingredients
1 Potatoes
2 Egg
3 Wheat flour
4 Sugar
5 Butter
6 Salt
7 Baking soda
8 Vanilla syrup
9 Milk
Channels:
1. Distributors:
a. Local potatoes farmer from near Semarang and Kudus
b. ADA Swalayan for ingredients and tools
2. Packaging:
a. Plates, bowls, knifes, forks, spoons: ADA Swalayan
b. Take away package:
I. Lily store Semarang (Jln. Citarum No. 23)
II. Plastic Agung Jaya Store (Jln. Sunan Kudus No. 122)
Competitive Advantages:
1. The price is affordable
2. All ingredients that we used without preservatives
3. Product that can be enjoyed by everyone
4. Ingredients that we used are different than the others, we used basic material is
potatoes
5. We give the best service to our customer, like place that comfortable, food and
snack that has high taste but affordable, hygiene, and healthy
6. We have a unique brand that makes our customers always remember about us
because it is easy to remind
SWOT Analysis:
SWOT analysis is a framework for identifying and analyzing an organization's
strengths, weaknesses, opportunities and threats. These words make up the SWOT acronym.
The primary goal of SWOT analysis is to increase awareness of the factors that go into
making a business decision or establishing a business strategy
Strength:
1. Has things for snacks and food that are unique from others
2. Features a logo that many people find to be highly straightforward and memorable
3. The essential ingredients are accessible
4. Offer top quality products at reasonable prices that are also quite hygienic
5. Customer service at its highest level
6. Have comfortable and aesthetic place
Weakness:
1. Attracting many people's attention is challenging
2. Have many competitors
3. Hired new staffs
Opportunity:
1. The possibility of developing new concepts in the area of snacks and food
2. Enlarge the company's geographic reach
3. The essential components, tools, and other materials are readily available
Threats:
1. Ignorance about QUEENTANG among the general public
2. Startups are competing to capture QUEENTANG's target market
Packaging:
1. Potato Steak
The picture of Potato Steak: For Dine In
2. Potato Noodles
The picture of Potato Noodles: For Dine In
3. Potato Toast
Marketing Strategy:
1. Using Social Media (such as Instagram, Twitter, etc)
2. Using poster
3. Join Online Shop
4. Using digital advertisement
5. Join an event
6. Using mouth to mouth strategy
7. Give a tester to friend, family, and siblings
Survey Competitors:
No The Competitors Price
1 The Steak Box Semarang Rp 31.000,00/box
2 Eat Toast – Totu Potato Rp 20.000,00/portion
3 Daesang Chung Jung Rp 36.000,00/portion
1. Potato Steak
Rp 20.000,00/portion
2. Potato Noodles
Rp 15.000,00/portion
3. Potato Toast
Rp 10.000,00/portion
Customer Relationship:
After all business ideas designed by QUEENTANG, QUEENTANG will plan to
launch something new where customers can share information about the world of health in
the field of food and snacks. The name is MY QUEENTANG. MY QUEENTANG is a
website page that can be accessed by all QUEENTANG customers and can get information
in the form of:
Location:
QUEENTANG will set up shop at a highly visible location where plenty of people
pass by. QUEENTANG intends to open stores near companies, colleges, schools, and other
buildings
Structure Organizations:
1. Owner
The restaurant owner and at the same time the leader for all parts or employees of the
restaurant
2. Manager
Someone who has been appointed as operational head. Keep an eye on daily
operations at QUEENTANG and make creative design ideas "in order to increase
QUEENTANG's financial income, provide training to employees. Oversee costs or
expenses and must be in accordance with the presentation of the standard costs set by
management
3. Supervisor
Someone who has been appointed as operational head. Keep an eye on daily
operations at QUEENTANG so that you can always provide maximum service quality
and maintain service standards in accordance with the regulations that have been set
Other supervisor's duties include checking employee attendance, checking order lists,
checking inventory and materials, checking menu quality standards, and so on
4. Cashier
Someone who works in finance, manages and calculates the entry and exit of
money or income
5. Production /chef
Someone responsible for production operations at QUEENTANG. The duties
and responsibilities include: Managing the kitchen, arranging the menu, making
orders and orders monitoring the operation of the kitchen, and so on
6. Waiter/waitress
A group of people in charge of serving the needs of restaurant guest orders. The duties
and responsibilities include: presenting food and snacks orders in an efficient and
polite way to get guest satisfaction and in accordance with established procedures,
maintain neat tables, chairs and equipment all the time, do other tasks determined by
management policies or their leaders and so on
Values Added:
1. Services
a. Customer service:
- Quick and reliable
- Friendly service
b. Warranties of hygienic and quality of the food and snacks
2. Persona approach
- Understanding customer needs
- Know their buying pattern
- High level of professionalism
- Always show smiley face to the customers
Selling: