Chapter 1
INTRODUCTION
Background of the study
What is the best thing here in the Philippines? Well, some says “our beaches”, while other says “our culture”, But everyone will say “our food”. Yes, there are no questions when it comes to Filipino Food. We Filipinos have a love affair with food. Filipino likes to eat is not enough because Filipino loves to eat food is the best way to describe our relationship with food. An average Filipino eats at least four times a day. The daily meal is consisting of: breakfast, lunch, snack, and supper. But sometimes these four meals stretch to six meals with snack every after meal. An affair describes a commitment, status and a mutual understanding between two parties (www.wikipedia.com). Therefore, the
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This study includes the demand and supply, industry updates, competitors profiling, marketing strategies and specific action plan to be taken. Socio-economic development is also included in the study. This study covers also the store design and facility needed and financial factors which includes profitability and growth assessment. This study limits on the area beyond Cadiz City, Negros Occidental from Barangay Daga, and Barangay Zone 1 to Barangay Zone 6. Another area of limitation in this research is the data collection may depend upon the limitation of time frame given to the researcher.
Project Site and Vicinity Map
The proposed food park will be located along the highway of Cor. Villena Street, Cadiz City. The vacant land in front of Mercury Drug Store is where exactly a food park will be located. The place is strategically located since it is a commercial area and many business establishments are within the area. The proposed food park will covers the entire 418 square meters for its facility requirements and amenities to ensure cheerfulness and relaxation of the guest. This will include the food park building consisting of dining area, waiting area, entertainment area, counter area, guard house and a landscape design outside the park. There are boarding houses and dormitory along the corner and the place is near bus
Nevertheless, the search of recent statistical data (no earlier than 2015) would be the biggest challenge for a group wanting to focus on this topic.
The restaurant located in an excellent geographic location which between many of the major hotels and village.
The data set given is the information collected from the existing 250 stores consists in 33 variables, some of them qualitative and some of them quantitative.
The best choices for eating and dining near the park are on the island of Islamorada. On that island you will find a wide variety of hotels, resorts, and restaurants that can suit your needs while you are in the area.
I. Executive Summary II. Situation Analysis o Market Summary Target Market Demographics Geographic Demographics Behavior Factors Market Needs Market Trends Market Growth o SWOT Analysis Strengths Weaknesses Opportunities Threats o Competition o Product Offering o Keys to Success o Critical Issues III. Marketing Strategy o Mission o Marketing Objectives o Financial Objectives o Target Markets o Positioning o Strategies o Marketing Mix o Marketing Research o Action Plan IV. Financials o o o V. Controls o o o VI. Summary Implementation Marketing Organization Contingency Planning Breakeven Analysis Sales Forecast Expense Forecast
The framework used in this note is organized around the estimates of industry demand, market share, costs, and performance. All data
Additional to addressing the limitations, there are questions that needs to be addressed. Although the finding of the study
About three years ago, David and Alison decided to extend the café operations to include a larger lunch menu, more tables and extended the trading hours of the café so that it now opens at the same time, and closes one hour before, the nursery. The café offers takeaway food as well as sit-in dining and the menu includes a variety of beverages, made-to-order sandwiches,
The business overview, current situation analysis and marketing objectives are reviewed in this document as the following briefly details.
•They are the most famous and one of the few outlets available in area and footfalls are generally heavy due to these•The places are usually visited very frequently by local people, students, etcPromotion•The joints rely on word of mouth publicity•There is no promotion done through ads for these joints. The promotion at maximum is limited to local newspaperSUGGESTIONS•McDonalds could increase the number of items served on its menu. Currently there are only 6 vegetarian and 6 non-vegetarian items served on the menu. It is also evident from the survey that many people feel that the variety of menu available is average and could be improved. Some of the customers prefer something new every time they visit. These potential customers could be targeted by increasing the number of items in the menu.
Conduct research on trends in the industry within which the company operates and provide a brief analysis of these trends and the relevance to the company’s activities.
a market review report that includes detailed research organised under the headings listed in the procedure.
Research Reports and Internet Research – The internet is a very easy way to source secondary data that can be extremely useful as it is a good source of industry information. Some information can be available for free like the Australian beau of statistics, newspapers, council and magazines, some help maybe needed in determining the viability of the information and to analyse the results. Other professional research companies like Roy Morgan and Ibisworld will charge a fee for their reports. This may work well with surveys and experiment research as trends or environmental factors in the market could influence consumer consumption therefore giving invaluable information as to what may sell well or is needed in the current market. This method was chosen as it can be easier to obtain and cheaper than the other research methods. It can also provide information on the competition, which would evaluate what products they have been advertising and why.
The target markets for The Fox Den Food Park are the food truck vendors and the public (foodies) who wish to visit the food trucks. Initial research indicates a hole in the market for the expanding popularity of gourmet mobile food
Filipinos love to eat and for this reason, many entrepreneurs in the Philippines ventures into food and beverage service business. Filipinos wants food, beverage and cooking choices to be fast, easy and convenient. They are also now choosing a healthier