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Marketing tut 4
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AB1501
MARKETING TUTORIAL 4
Group Members• Sharon Leong• Jasmine Tan• Steven Lim• Toh Chik Heng • Sean Chew• Koh Seng Wei
Agenda 1. Objective 2. Background3. Market Segmentation and
Targeting4. Market Analysis5. Theme/ Concept6. Menu7. Service8. Conclusion
Objective
To design a restaurant that would help Blackfield Hawaii Corporation appeal to their customers
Background Demographics• Total population of 35,000• Ethnic makeup of resident population
Consumer preference/habits• Occupants of condominium spend less in
restaurants compared to occupants of hotels
27.5%
19.1%20.
0%
18.4%
0.3%
13.2% 1.1%
JapaneseFilipinoCaucasianHawaiianChineseMixedOthers
Background Tourism• Sees Kauai as a place with unique
beauty and Polynesian atmosphere• Population weekend / short holiday
vacation site• Independent travelers 55%, group
travelers 45%
Background Existing Competition
1. Coconut Palace
2a. Fast food• Mexican outlet• Chinese outlet• Hamburger outlet
2b. Specialty• Steaks, fish, chops• Buzz’s Steakhouse• J.J.’s Boiler Room
Background Existing Competition
3. Restaurants within hotels
We should adopt from:• Lunch-Dinner meals• Greater variety of food menu• Distinctive service quality from competitors
Market Segmentation
Market
Travelers
Group
Free and Easy
Couples
Families
Tour groups
Couples
Families
Individual
Residents
Upper class
Couples
Families
Middle class
Couples
Families
Lower class
Couples
Families
Market Analysis
Market Research - Travelers
Market Research - Cost
Market Segmentation
Market
Travelers
Group
Free and Easy
Couples
Families
Tour groups
Couples
Families
Individual
Residents
Upper class
Couples
Families
Middle class
Couples
Families
Lower class
Couples
Families
TARGETING: COUPLES/ DINKS
Exclusive service Higher spending power and disposable income
Willingness to spend on new experience
Adventurous seeking Hungry for new experience
MARKET TRENDS AND COMPETITORS
The main bulk of competitors are serving western cuisine (Steaks, fish, chops)
Increasing trend in Asian cuisine
The demand of Indian cuisine is increasing across the board
POSITIONING
To couples who are looking out for that extra bit of romance and a modern Indian Restaurant that allows couples to try a different cuisine in a romantic ambience.
DEFINITION OF A PRODUCT
Offered forAttentionAcquisitionUseConsumption
To satisfy a want or need.
LEVELS OF PRODUCT
Through identifying core product, we are able to produce the required and most suitable actual product, a restaurant of Indian culture.
Core, problem-solving benefits:Satisfying hungerActual Product: Indian Cuisine RestaurantAugmented Product: Extra services and benefits for patrons
THEME/CONCEPTTheme: A Place Different, A Place Bollywood
Concept: - A restaurant that provides a different
experience for diners- Open kitchen concept- Live bands and table service- Opening hours: 11am-3pm, 6pm-2am- Mid-range pricing
CONCEPT
Outdoor: Alfresco-style
CONCEPT
Indoor:
Menu Design
MENU
1. Couple set meals
2. Complimentary dessert/ beverages for couples only
3. Ala-Carte and other family combos to cater to other groups of patrons
SERVICESFree polaroids for all couplesFree Hanna If you are celebrating special
anniversaries, you will receive a complimentary gift
Liaise with hotels/ tour groupsCredit Card promotionsRetain customers: 5% discount for next
visitProvide reading materials
CONCLUSION
• Identified our target group• Studied their spending behaviour• Understand their needs • Concept is Different and Easily
Identifiable• Aim to serve good quality food at
the most reasonable price• Provide exclusive service that
aligns with our target group
Q&A
THANK YOU!