Wednesday, May 6, 2020
Marketing Plan For A Fast Food Restaurant - 1266 Words
THREAT The threat is very obvious in this industry as it is a very saturated market with a lot of fast food restaurant operating in towns. Chipotle may also lose their sales to McDonalds or Wendyââ¬â¢s who offer tastier food with more choices. Teenagers might prefer something that is more delicious even though it is less healthy and this goes against Chipotleââ¬â¢s vision to provide nutritious food. Their effort in opening restaurant internationally is one of the biggest threats due to low customer familiarity with the brand and Chipotleââ¬â¢s own familiarity with the foreign market. They have tried opening restaurants in Toronto, United Kingdom and in France but the number of restaurants outside of the U.S are relatively small compared to the localâ⬠¦show more contentâ⬠¦7. Chipotle is hit by the horrible effects of E.coli and norovirus-associated illnesses that are likely to continue in short terms. The severity of this outbreak can be seen in the exhibit below Stores in the nine states are losing out to its rivals such as Panera, Qdoba, Moeââ¬â¢s and Zoeââ¬â¢s. There is only a slow recovery period and these 9 states make up to 55% of Chipotleââ¬â¢s store base which is a huge disadvantage to them. In comparison, Yumââ¬â¢s China division suffered the same safety related incidents in 2012 and 2014. This is replicable to the crisis Chipotle is facing and each time the outbreak happens, it took about five quarters for the same store sales to be salvaged as shown in the graph below. Hence, analysts strongly assume that Chipotle could face the similar timeframe so we may only be able to see sales rebound in 2017 depending if Chipotle could claim themselves to be free of the virus again or if there is new incidents. As shown in their income statement, there is no non-recurring or extra-ordinary income. However, there is non-recurring expenses usually during the last quarter. These expenses are necessary to replace food in selected restaurants. Chipotle is also dedicated to do lab analysis of the food that they are selling to ensure freshness of the food. They also allocate expenses for some marketing purposes such as the free burrito on a day to pull up their sales. According to their 8K, Chipotle has been trying to retain advisory servicesShow MoreRelatedRed Rooster Essay1025 Words à |à 5 Pagespaper is going to discuss why the fast-food chain, Red Rooster was unable to thrive and grow when it was part of the Coles-Myer chain, the significant changes for the industry in the area in Australia during the next five years, the dominant management or marketing factors that permit success within the fast-food business. The paper will question whether a large retail chain such as Coles-Myer, Safewa y, Wal-Mart and others can effectively compete in the fast-food business. As well as this it willRead MoreMarketing Plan For The Fast Food Industry Essay1570 Words à |à 7 Pagesbusiness processes or services, the requirement of the market plan is perceived efficient. It is also known that the development of the marketing plan supports the businesses to integrate the unique elements and attract the appropriate target audience. Moreover performing the market analysis, consumer behavior analysis and the environmental analysis mainly supports in maintaining the focus for strategic incorporation of the innovative marketing strategies and channels. RESEARCH STRUCTURE Therefore,Read MoreSubway Marketing Plan Essay example1404 Words à |à 6 PagesSUBWAY MARKETING PLAN 1. EXECUTIVE SUMMARY: SUBWAY (restaurants) is an American fast-food franchise owned by Doctorââ¬â¢s Associates, Inc. Subway was founded by Peter Buck and Fred Deluca, with its first restaurant being set up in Bridgeport, U.S in 1965. The franchise runs 38,813 restaurants in 99 countries. Today, the SUBWAY brand is the worlds largest submarine sandwich chain. The SUBWAY franchise provides variety of great testing and healthier foods and the third largest fast food chain. Read MoreObesity : The Obesity Contributor Essay861 Words à |à 4 PagesContributor From drive-through restaurants, to Chicken Mc-nuggets to a hamburger joint, McDonald?s has come a long way. It?s the leading chain of fast food restaurants in the world that serves more than 55 million clients on the daily basis. In 1940, the corporation was established by two brothers from California, Maurice and Richard McDonald. However, directed by Ray Kroc, the current McDonald?s business times its establishment to the inaugural of a licensed restaurant on 1955, in Illinois. LaterRead MoreMarketing Plan For A Business Plan1445 Words à |à 6 PagesMarketing plan is very important and pretty much to the overall financial and business plan. This plan is the way to success, and it is breaks down into two components that will enable The Sub Shop to perform marketing activities to provide a solid return on investment. Plan is designed to complete the business plan, but is also a way for company officers to get a handle on the external and internal factors that will influence the company s success in the Ashland market. The following topicsRead MoreMcdonalds Production and Operations Management1038 Words à |à 5 Pagesgreater levels of customer loyalty. In the fast food industry, businesses such as McDonaldââ¬â¢s must establish certain business and marketing strategies. Primarily, the main goal of McDonaldââ¬â¢s, just like any other organization is to sustain their competitive advantage in the global market. Overview of the Company McDonaldââ¬â¢s has a rich history that started out in 1954. The company was put to the spotlight by Ray Kroc. Throughout the years, marketing ideas have poured through and helped the companyRead MoreChipotle Market Segmentation And Product Strategy1155 Words à |à 5 Pagesthe fastest growing restaurant businesses in the United States. Chipotle Mexican Grill was founded by the current CEO, Steve Ells, in 1993. Chipotle headquarters are located at 1401 Wynkoop Street, Denver, Colorado 80202. The company operates in the restaurant industry and more specifically the fast casual Mexican restaurant market. Market Segmentation Analysis Chipotle Mexican Grill is a fast casual Mexican Restaurant that operates from the United States. Although the restaurant is specifically segmentedRead MoreMarketing Plan For A Market Analysis1405 Words à |à 6 Pages Organicââ¬â¢s Marketing Plan # 1 Patrick Conesa 13 Sept 2014 Table of Contents Situation Analysis Overviewâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦3 Market Summaryâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.3 SWOT Analysisâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.4 Competitionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦5 Product (Service)Offeringâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...â⬠¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦6 Keys to Successâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.7 Critical Issuesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.8 Referencesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦9Read MoreRamen Noodles Business1608 Words à |à 7 Pages[pic] CASE STUDY ON: RAMEN NOODLES RESTAURANT CONSULTANTS: SHIVA, STEVE, FERNANDO AND ZINGA PROFESSOR: CHRIS CASTILLO COURSE: BUSINESS MANAGEMENT AND ENTRPRENEURSHIP COMPANY Koichi Ramen is a small ramen noodle restaurant in the tradition of the Japanese staple dish. Ramen noodle shacks are to Japan what the fast-food restaurants are to the people. They are a place where people go for a quick, rich, filling meal when they donââ¬â¢t have time or simply donââ¬â¢t feel like cooking. The ramenRead MoreFast Food Makes Up A Large Portion Of Many Millions Of Americans904 Words à |à 4 Pages Introduction Fast food makes up a large portion of many millions of Americansââ¬â¢ diets: every day, one in four Americans visits a fast food restaurant (Schlosser 3). SUBWAYà ® is the #1 restaurant chain in total restaurant count with 39,000 locations in 101 countries than any other fast food industry and continue growing rapidly (Fishman, 2013). It has become the worldââ¬â¢s most ubiquitous restaurant chain, posting armies of ââ¬Å"sandwich artistsâ⬠in more outposts in American than McDonaldââ¬â¢s and Starbucks
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