Professional Documents
Culture Documents
Presenter: Suhail Ali
Presenter: Suhail Ali
Presenter: Suhail Ali
Suhail Ali
INTRODUCTION
Kashmiri kitchen restaurant A new venture Offers fine dining,
TARGET MARKET
45% individuals
Target Market
professionals and
business executives
20% Individuals 45% Families Takeout 35%
MARKET SEGMENTATION
Geographic segmentation:
Demographic
Behavior segmentation:
Value
segmentation:
Fine dining targets all age groups Kashmiri kitchen targets teenagers and youth attributed to the presentation of food Craving for authentic food and variety Concerned about health in regard to food
MARKET TRENDS
Health consciousness Presentation of food
Selection
Food quality
Travel
SWOT ANALYSIS
Strengths
High trained and quality staff Located in an upscale area of Gurgaon/south delhi High quality food
Opportunities
Increasing sales opportunities overall Monopoly in Kashmiri foods Ability to develop long term contacts
Weaknesses
Unstable brand image Competitors already exist Inaccessible to certain potential customers
Threats
Competition from local restaurant may challenge Fixed taste of Kashmiri cuisine by customers Recession in the economy
COMPETITION
Direct competition ???????? Need to analysis
COMPETITION
Indirect competition
????? ;;;;;;; Caf Coffee Day: Offers variety of sandwiches, desserts and drinks. Moderate price, dine in
MARKETING RESEARCH
Question 4
40%
45%
15%
Unique perception how to judge a restaurant 17% environment & service 33% food & hygiene 51% value for money
60% 50% 40% 30% 20% 10% 0% environment and food & hygiene service value for money
How people are to know about a new restaurant 38% billboards 23% word of mouth 28% newspaper 11% internet
Question 9
40% 35% 30% 25% 20% 15% 10% 5% 0% Billboards Internet Word of mouth Newspaper
MARKETING MIX
PRODCUT
PLACE
PROMOTION
SERVICE
PRODUCT
Dine in restaurant and caf Authentic Kashmiri foods Lively ambience & tastefully decorated Caf mainly will target youth
PRICING
Competitive pricing strategy Preferred price range Rs.245-600
PROMOTION
Billboards & streamers Pre launch Launch campaign (1 week)
BILLBOARDS
SAMPLE
M.G ROAD
Print ads Times (D.T) newspaper (4 days) Internet face book or social Media(monthly) Word-of-mouth
Service
Impeccable and attentive customer care Quick service
Cooperative servers
Motivated to satisfy customers
BUDGETING
Expense Forecast
Cost of sales (supplies) Rent Salaries and wages Interest and loan Electricity Repair and maintenance ? ? ? ? ? ?
? ? ?
?
Salaries Rs.-?
Interest Rs..?
Supplies Rs..?
Monthly sales = ?
Total fixed cost Fixture and fittings Seating and interiors Equipment Weekdays Families Individuals Weekends Families Individuals 4X? 8X? 8X ? 2X? =? =? = ? = ? Total variable cost Supplies Rent Salaries and wages Interest on loan---????? Electricity Repair and maintenance Fuel for generator Advertising
Monday to Friday 17800 X ?= Saturday and Sunday 33450 X ?= Monthly sales = ? .X ? = Rs. ????//
BREAK EVEN
Total fixed cost Total variable cost Variable cost/unit Total cost
Yearly breakeven at 3650 units
MILESTONES
Advertising Marketing plan completion Start Date End Date Budget Rs.0
Dawn Newspaper
Total Print Budget Totals
CONTINGENCY PLAN
Difficulties and risks: Problems generating visibility Aggressive actions by competitors Entering the saturated market of an already thriving food and beverage industry
RISKS
Difficulty in survival Becoming illiquid Losing market share and decreasing consumer base
THANK YOU