(Marketing Strategic Plan)
In partial fulfillment of the requirements in Marketing 21
(PRINCIPLES OF MARKETING)
Presented by:
AIM POSSIBLE
TTH 11:30 – 1:00/ 2nd sem. S.Y. 2015- 2016
Presented by:
PARAYNO, JOSE LEANDRO
PARAGNA, CHRISTINE JOY PRONTON, THOMAS JHEFFERSON
QUEJADO, QRISHA ANGELICA
PIOQUINTO, SHAIRA MAE OBILLO, GERALDINE OSIAN, MARIPHIE
Presented to:
PROF. ANASTACIO B. AQUINO
Instructor
EXECUTIVE SUMMARY
Jollibee Foods Corporation’s (“JFC” or the “Company”) was founded by Tony Tan Caktiong and his family. At first it started as an ice cream parlor until the 9th of January, 1978 wherein it officially became an American- style fast food chain with Filipino- influenced dishes. The
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Tailoring its menu towards the Filipino taste, it positioned itself as the favorite destination for family outings as compared to its similar competitors.
Jollibee’s core business is the development, operation and franchising of its quick-service restaurant brands. It offers a wide variety of affordable and delicious dishes and great tasting food prepared to satisfy customers of all ages and from all walks of life.
Strengths
* Quickest Serving Time Among Other Food Industry * Cost Saving / Systematic Food Preparation * Option to Deliver Food to Houses, Offices, and Other Establishments * Wide-Range of Food Options/Choices * Customization of Meal Servings Tailor-Fit to Consumers’ Appetite * Positions in Strategic Location in Populated Areas * Flexibility on Preparing Food Time
Weaknesses
* Product Development for New Offering Takes Too Long / Does Not * Change Products Often * Known to Serve Unhealthy Meals * Limited Menu Offered to Consumers * High Employee Turnover (Operation)
Market Share
Jollibee Corporation
Market Share based on Store Count Nationwide
Customer Analysis
Strategic Trends for Fast Foods
Competitor Analysis
Jollibee menus in outlets across the globe adjusted to local preferences to differentiate it from other standardized players like McDonalds and KFC who maintain the
I feel as though great food at a reasonable price along with timely service constitutes value. Price is always a factor to a customer, but they must also realize that quality food and service has a price. We currently have over 260 locations in 44 states and plan to open many new locations throughout 2007. Our
Consumers who purchase their own food and make their meals at home will be able to compete with Jimmy John’s on both price and nutritional value, but will not have the speed or ease of ordering a sandwich from Jimmy John’s.
When Quiksilver announced the start of its women line Roxy in 1990, they defined the brand as a “fun, bold, athletic, daring and classy” brand for young women. Market segmentation is a crucial marketing strategy and Roxy utilizes the four bases that are commonly used for segmenting consumer markets including geographic, demographic, psychographic, and benefits sought segmentation. The geographic segmentation is ideally unlimited for the Roxy target market because the brand offers clothes for both warm and cold weather, however, it focuses mainly on the “beach lifestyle” and is generally more popular in beach towns. The demographic segmentation of the Roxy brand, is aimed to attract young women between the
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This business plan is for Reek’s Bistro, a new medium-sized restaurant located in the Triangle area of North Carolina. The Triangle is made up of three primary cities of the Research Triangle metropolitan region, Raleigh, Durham, and Chapel Hill. Reek’s Bistro will focus on Mediterranean cuisine in an American style restaurant environment. An emphasis will be on natural foods that taste good and are good for you. The restaurant will procure locally grown produce, while offering additional services and products, such as catering and Reek’s Bistro brand items sold in grocery stores.
Jack in the Box, Inc. offers a variety of products on their menu. Products that vary from hamburgers, tacos, specialty sandwiches, drinks, real ice cream shakes, salads and side items. The customer’s ability to customize their order to their specific taste preferences is one of many core competencies. Along with the option of customization, its other core competencies is their drive-thru. In 2014, drive-thru sales “account for approximately 70% of sales at company-operated restaurants.” 1
Often times when in conversation with friends, peers, and even strangers there is one question that seems to always come up; “What is your favorite restaurant?” People are curious in seeing what type of restaurant you like because when revealing that information it tells more about you than you think. When telling somebody where you enjoy eating it gives them a sense of how much you’re willing to spend for a good meal, what side of town you like to go to and even gives them a slight glance at your personality. When asked that question I undoubtingly respond the same way every time; The Cheesecake Factory! Let’s explore the strengths and weaknesses of this Restaurant and determine some things that would possibly increase the overall brand.
Jollibee was founded by Tony Tan Caktiong who was born and raised in Fujian, one of China’s poorest provinces. His family migrated to the Philippines to look for better opportunities and began cooking in a Chinese temple. Because he spent so much time on the kitchen with his parents, he developed incredibly sensitive taste buds and learned his entrepreneurial mindset. In 1975, when Tony was only 22, he used his family’s life savings to open two Ice Cream Parlors in Cubao, Quezon City. The stores were very popular due to their fantastic customer service and generous scoops of delicious ice cream. Tony wanted to expand his business and hired a management consultant Manuel Lumba who discovered people craved
KFC-Japan under Loy Weston offered products such as fried fish and smoked chicken products which are Japanese favorite foods, mini-barrels of 12 pieces of chicken instead of 21 chicken pieces served in the States, French fries instead of mashed potatoes as provide in KFC standard menu and coleslaw salad that had less sugar than the one served in the United States.
The blush hair and beauty studio (salon) is located in Ringwood east Melbourne. This salon offering an entire family to have their needs satisfied in one appropriate location. This salon serves men, women, and children and accepts appointments as well as. Blush hair and beauty salon also sells retail
The name of the business will be A1 Accounting Services. The ideal location is Los Angeles, California. The business will be focused on creating customizable accounting solutions for addressing the needs of individual clients and large organizations. This means that there will be a concentration on a number of areas to include: providing tax advice / estate planning, insurance and creating programs that can deal with specific challenges impacting customers. ("How to Start an Accounting Firm," 2012)
In general terms, marketing is all related to the places of buying and selling of goods and services to satisfy customers’ needs. Nowadays marketing is the most important issues for success of every business marketing is the activity, set of institution, and process for creating, communicating, delivering, and
McDonalds took on the Pilipino market in 1981 and took aim on Jollibee and its market. McDonalds had an immense amount of resources, capital and experience in the fast food industry. Jollibee on the other hand had the advantage because of their market experience and recognition for good food among the Philippines. The ability for Jollibee to be first in the Philippines gave them the advantage to outline what great food tasted like and gain the trust of the local community by using local resources. Jollibee was able to use cultural proximity to their advantage and create a larger hamburger that tasted better than that of McDonalds. The spicy patties from Jollibee were a hit amongst the Pilipino versus the plain patties from McDonalds. The slightly more expensive Jollibee was still
Jolibee Foods Corporation (JFC) established its first overseas restaurant in Brunei in 1987. Since then, it has strengthened its presence in ASEAN with branches in Vietnam, Singapore, Indonesia, and Cambodia. Through the ASEAN supply chain network, JFC is able to source its