1. What types of marketing controls should OEB Breakfast Co. in Calgary Alberta put in place to monitor and measure the success of their marketing plan? Marketing Control Types • Annual Marketing Control • Profitability Control • Efficiency Control • Budget Control • Strategic Control Note: please refer to the summary of marketing plan attached

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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1. What types of marketing controls should OEB Breakfast Co. in Calgary Alberta put in place to monitor and measure the success of their marketing plan? Marketing Control Types • Annual Marketing Control • Profitability Control • Efficiency Control • Budget Control • Strategic Control Note: please refer to the summary of marketing plan attached
PROPER KPI TO BE USED
According Career Guide (2023), a key performance
indicators are the measurable tools that are used by the
organization to improve its performance if needed. With
this tool, the organization is able to check whether the
objectives of the company will be achieved or not. This
also helps to guide in the right direction towards the goal
achievements.
According to Nation's Restaurant News (2022), OEB
Breakfast Co., are also planning to expand to different
locations, so it is very important for them to know the
proper KPI that they will use to further improve the
business. OEB Breakfast Co. is more focused on the food
items it creates and serves the customers. This is mainly
done for customer satisfaction. Therefore, the important
KPI for them will be Customer-focused or Customer
dimension KPIs like per-customer efficiency, customer
satisfaction, and customer retention. This will help them to
determine whether their efforts to satisfy customers are
bringing fruitful results or not.
The first KPI is the Per-customer efficiency, the OEB
Breakfast Co. should use this as their KPI to keep track if
they are able to give efficient service to their customers.
Since there are a lot of complaints about their poor
service, especially during peak hours, utilizing per-
customer efficiency will give an opportunity for the
business to improve its efficiency by giving proper
customer service and addressing the requests and
demands of the customers. Second, is the Customer
Satisfaction, this is one of most important thing that the
OEB Breakfast Co. should keep in track, it is because the
satisfaction of the customers is what matters the most.
The end goal is to determine factors affecting customer
satisfaction and to pinpoint areas for improvement. This
can be done by asking for a feedback, customer
satisfaction score sheet, overall satisfaction etc., and
lastly, is the Customer Retention, one of the marketing
goals of OEB Breakfast Co. is for customer retention and
to increase customer loyalty. By using this KPI business
will be able to keep track of number of repeat customers.
This is an essential tool to see that the marketing efforts
done by the business is effective, when the customers
continue to patronize the business all over again.
Transcribed Image Text:PROPER KPI TO BE USED According Career Guide (2023), a key performance indicators are the measurable tools that are used by the organization to improve its performance if needed. With this tool, the organization is able to check whether the objectives of the company will be achieved or not. This also helps to guide in the right direction towards the goal achievements. According to Nation's Restaurant News (2022), OEB Breakfast Co., are also planning to expand to different locations, so it is very important for them to know the proper KPI that they will use to further improve the business. OEB Breakfast Co. is more focused on the food items it creates and serves the customers. This is mainly done for customer satisfaction. Therefore, the important KPI for them will be Customer-focused or Customer dimension KPIs like per-customer efficiency, customer satisfaction, and customer retention. This will help them to determine whether their efforts to satisfy customers are bringing fruitful results or not. The first KPI is the Per-customer efficiency, the OEB Breakfast Co. should use this as their KPI to keep track if they are able to give efficient service to their customers. Since there are a lot of complaints about their poor service, especially during peak hours, utilizing per- customer efficiency will give an opportunity for the business to improve its efficiency by giving proper customer service and addressing the requests and demands of the customers. Second, is the Customer Satisfaction, this is one of most important thing that the OEB Breakfast Co. should keep in track, it is because the satisfaction of the customers is what matters the most. The end goal is to determine factors affecting customer satisfaction and to pinpoint areas for improvement. This can be done by asking for a feedback, customer satisfaction score sheet, overall satisfaction etc., and lastly, is the Customer Retention, one of the marketing goals of OEB Breakfast Co. is for customer retention and to increase customer loyalty. By using this KPI business will be able to keep track of number of repeat customers. This is an essential tool to see that the marketing efforts done by the business is effective, when the customers continue to patronize the business all over again.
SUMMARY OF THE MARKETING
OBJECTIVES, TARGET MARKETS AND
BRAND POSITIONING
Overeasy Breakfast Co. has marketing objectives
enable them to have their success, such as increasing
their sales 5% in every year, OEB will have more
engagements in terms of website social media, increasing
the customer value, developing stronger customer
relationship, improving the CSR for better brand image,
focus on seasonal menu and discounts and most
importantly, launching an app. These marketing
objectives will be the direction of the business in their
marketing efforts. The target market of Overeasy
Breakfast Co. are the millennials, this is because they fit
the criteria of customers who dine in for breakfast or
lunch, even together with brunch. Millennials used to
crave more on brunch because it is a combination of both
meals and usually people at this age are busy people such
as working individuals that use their time wisely, so they
would rather have brunch to also save more time than
having two meals in the daytime. OEB Breakfast Co.
could position itself as the go-to place for high-quality
breakfast and brunch options in Calgary. The restaurant
could emphasize its commitment to using fresh, locally-
sourced ingredients and unique, creative dishes that set it
apart from traditional breakfast places.
Transcribed Image Text:SUMMARY OF THE MARKETING OBJECTIVES, TARGET MARKETS AND BRAND POSITIONING Overeasy Breakfast Co. has marketing objectives enable them to have their success, such as increasing their sales 5% in every year, OEB will have more engagements in terms of website social media, increasing the customer value, developing stronger customer relationship, improving the CSR for better brand image, focus on seasonal menu and discounts and most importantly, launching an app. These marketing objectives will be the direction of the business in their marketing efforts. The target market of Overeasy Breakfast Co. are the millennials, this is because they fit the criteria of customers who dine in for breakfast or lunch, even together with brunch. Millennials used to crave more on brunch because it is a combination of both meals and usually people at this age are busy people such as working individuals that use their time wisely, so they would rather have brunch to also save more time than having two meals in the daytime. OEB Breakfast Co. could position itself as the go-to place for high-quality breakfast and brunch options in Calgary. The restaurant could emphasize its commitment to using fresh, locally- sourced ingredients and unique, creative dishes that set it apart from traditional breakfast places.
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