REPORT ON FEASIBILITY STUDY TO START A RESTAURANT IN TAMBARAM FEASIBILITY STUDY TO START A RESTAURANT IN THAMBARAM Table of content S.NO CONTENT PAGE NO 1. I. INTRODUCTION 1 2. II. METHODOLOGY 2 3. III.ANALYSIS AND FINDINGS 3 4. III.1. FOCUS GROUP 3 5. III.2. INTERVIEW SCHEDULE 10 6. III.a.Fig. PORTER’S 5 FORCES 11 7. IV.CONCLUSION 14 8. V. WEBLIOGRAPHY 16 Chapter - I: INTRODUCTION This paper deals about the feasibility study of setting up a restaurant in Tambaram, near Chennai. Chennai is of the best cosmopolitan city. Hotel industry plays a major role in developing the city by the standard of living. Hotel industry is one of the essential industries. This industry serves the different customer in …show more content…
The food should be served within the stipulated time. Delay of service will lead to customer dissatisfaction. 2. Completeness: Whatever the customer expects should be provided to them. The varieties of dishes and the way of service which the customer expects should be provided before they ask for it. 3. Courtesy: Customers’ expectations are, they should be treated well by the service employee and the behavior of the employee should be favor to them. They expect the employee to be neat and clean in dressing and attitude. 4. Consistency: The consistent level of service is expected by almost all the customers. 5. Accessibility and Convenience: The environment should be friendly and customer should feel free to ask for the service. The hindrances to ask for the service by the customer to the service employee should be eliminated. 6. Accuracy: The customers expect the service to be perfect and spontaneous. The way of billing and the clarity should be effective. III.1.ii.PRICE: Price should be moderate with the quality of the product. Here, the value based pricing is preferred by most of the people. If the quality of the product is excellent, people never mind paying a high price for it. The pricing strategy should match with the spending power of the customer of the particular residing environment. III.1.iii.PLACE: Suppliers of the raw materials should be selected carefully. The quality of
The customer service personnel should be in a position to acknowledge their clients and pay attention well to whatever they say and put into practice active listening. They should also give a chance to the customers to respond to the services the company offers perhaps through the enterprise’s website. For any company to prosper, good customer relation is paramount in building a loyal
Customer service involves a consideration of what is needed to treat the customers in a desirable
Customer service is the most important aspect of any business. Without an adequate relationship with its consumer base, a company is at an enormous disadvantage.
I will then make sure I create value for each customer segment and create a pricing structure that will align price with the value delivered. On the other hand, most of the customers usually perceive that the higher the price charged, the higher the value is attached to the goods they purchase or services offered. This also becomes a cutting edge in determining the pricing strategy to use as I anticipate my clients to perceive what I offer them to be of a high value.
Two different customer service models that most retail and online retail organisations use are the cheap prices and convenience model and the personalized in-depth model. The cheap price model is controlled by management and ensures policies and procedures are in place that can be easily measured and constantly measured. This is the one that we at Flanagan’s use more than the other model. However, the other models the personalized and in depth model is used predominately by our other section of the organisation. This is the hotel and leisure and building maintenance side of the business. This is face to face and allows our agents/advisors to be more personal with them. Good use of
|Commercial |Providing good quality customer service will make the organisation successful and able to keep their |
Customer service must satisfy the needs of the customers to ensure a service companies’ quality is maintained.
Response forms:the production will be appropriated in the store by food services. The diet will be grilled on site, rejecting for some of the cooked goods. A fulfil will attend them and consign clients water. The assistant will prospect what consumer would like to make fresh their body, it will be confined up the booking by the server. The waiter or waitress will deliver the soft-drinks or water and bring the ordered if the client is standing by.
Recently I have noticed more consumer complaints from poor service, more specially, service mistakes and customer mistreatment. When a mistake occurs, we do not handle customers in a courteous manner. In addition, we play favorites with customers and some of them are not getting the attention they require. To
The nature of the products and services provided in the restaurant industry are based on customer satisfaction with the food and services that each location provides. Providing a selection of delicious and well-presented food made with quality ingredients that are simple and good tasting is exactly what the customer wants. Most customers go to restaurants to meet with others socially in a friendly environment. Making sure the restaurant is clean, attractive, and the décor is consistent with the food and restaurant’s image and making sure the waiting staff knows that it is ok to allow customers to linger adds to
Goal: Provide technological features to achieve a more convenient and friendly service, suited to the customers and their needs.
Today’s customers are more aware and empowered, and have more bargaining power due to the exponential increase in competition – direct, indirect or substitute. In retailing, they want hassle-free shopping, have less time at their disposal to locate the shop and the merchandise and are reluctant to keep waiting. The modern format retail stores are doing their best to anticipate the customer’s demands and are going all out to redesign their store interiors, offer more choices in varieties and assortments, and are giving as many services as feasible.
Customers is an important justification of a company’s success. Considering the interest of customers and portraying a good image to its customers, it had come out with different variety of meals. For example, the KFC offers kid’s meal which gives children free
The research will examine aspect of fine dining industry in Singapore. I will be assessing the competitive strategy of western fine dining restaurant in term of retaining existence customer and attracting new one. In order to identify retaining successful customer I will undertake survey in term of customer satisfaction and willing to pay. I will also interview restaurant’s managers who handle strategy and execution in order to develop attracting new customer. Last I will conclude with a good strategy would help a restaurant
Keeping these realities in mind, it is very much obvious that for this market, we choose and follow a value based pricing and do not keep the price of the product too high. It is advisable rather to follow an average pricing and let the consumers build some enthusiasm around the product.