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HUMMUS BAR: DI PPING I NTO
I NTERNATIONAL MARKETS
Submitted by:
Hari Padmakumar
Jijo Francis
Navtej Singh Sran

Case 1
INTRODUCTION
Learning objectives:


To evaluate potential international markets using various
business models.



To develop decision-making skills.



To use quantitative data to make decisions.



To consider and evaluate several modes of market entry.
HUMMUS BAR
• Hummus bar is a successful, customer friendly bar located in Budapest,
Hungary.

• It has got 7 restaurants in that region.
• It is known for its cheap price and healthy fast food.
• They offer different kinds of salads, desserts, soups, meat and vegan
dishes.
• It has been recognized and awarded for being the best exotic cheap eatery
by the Time out magazine
• It has got take out and delivery services.
• It has got many loyal customers.
• They conducts several events in order to entertain
the customers.
WHAT IS HUMMUS…??!!!!
• Hummus is Middle Eastern and Arabic food dip/spread made from
cooked, mashed chickpeas with tahini, olive oil, lemon juice, salt
and garlic.
• Both vegan and non- vegan customers consume hummus.
• Hummus is a really healthy dish due to its ingredients.

• Hummus can be used as a side dish for almost most of the food
items.
MARKET RESEARCH


Data Collection Method:

Face-to-Face Interviews:
This quantitative data collection
method is used for gathering
information. In this method the
customers are called upon to conduct
direct interviews.


Went to stores and restaurants and conducted face-to-face
interviews with 50 customers.



65% female and 25% male participants.



Customers of age between 18 and 60yrs.



92% liked humus ;
among which 83% bought hummus products and dishes

on a regular basis.


Customers prefer the hummus bar because they get tasty,
healthy and variety dishes for lower prices.
MARKET ANALYSIS
PEST Analysis:



Political/Regulatory factors:


Affect price and sales of the food items.



Price varies with different region (Taxes, Trade Restrictions and
other laws).



Economic factors:


Hummus bar sells products at cheaper price, because they are
made locally.



For international market, product price will increase due to
economic growth, exchange rates & inflation.


Socio-cultural factors:


Customers choose their food by price, promotions and preferences.



Socio-cultural factors customer needs, size and nature of market.



Hummus products will not be affected by this factors because of the
quality and price.



Technological factors:


This factors deals with the manufacturing, packaging and
distribution of products.



Hummus bar does not rely much on this factors.
SWOT ANALYSIS
Strength

Weakness

• High quality food

• Low brand awareness

• Variety food items

• High competition

• Low cost

• Less investments

• Loyal customers

• Rapid growth in hummus
market
• Fresh & healthy fast food
• Increase brand
awareness

Threats
• Threat of over competition while market

expansion
• Possibility of failure in
attracting trust and
interest

Case 1

Opportunities
MARKETING PLAN:


Target market :


Age between 18 and 40yrs



Healthy and quick food



Vegans



Women customers


Marketing Mix:


Product: Cheap due to local preparation of hummus dishes.
Hummus bar has got variety of dishes. The place attracts a lot of
people due to its cost and freshness.



Price: Provides fresh and tasty fast food for a cheaper price.

More loyal customers. It is a great threat for its competitors.


Place: Need to increase the number of wholesale grocery store
clients, thus improving the business and brand awareness.



Promotion: Promotion is necessary for expanding the business.
Proper promotions can lead to increase in brand awareness of the
restaurant.
SUMMARY



It’s wise for hummus bar to stick with the domestic expansion.



More loyal local customers.



Hummus market will keep on growing.



More business can be achieved by selling the products to the local
wholesales stores. This also increases the brand awareness.



The business will promptly spread to nearby
regions.

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Hummus bar

  • 1. HUMMUS BAR: DI PPING I NTO I NTERNATIONAL MARKETS Submitted by: Hari Padmakumar Jijo Francis Navtej Singh Sran Case 1
  • 2. INTRODUCTION Learning objectives:  To evaluate potential international markets using various business models.  To develop decision-making skills.  To use quantitative data to make decisions.  To consider and evaluate several modes of market entry.
  • 3. HUMMUS BAR • Hummus bar is a successful, customer friendly bar located in Budapest, Hungary. • It has got 7 restaurants in that region. • It is known for its cheap price and healthy fast food. • They offer different kinds of salads, desserts, soups, meat and vegan dishes. • It has been recognized and awarded for being the best exotic cheap eatery by the Time out magazine • It has got take out and delivery services. • It has got many loyal customers. • They conducts several events in order to entertain the customers.
  • 4. WHAT IS HUMMUS…??!!!! • Hummus is Middle Eastern and Arabic food dip/spread made from cooked, mashed chickpeas with tahini, olive oil, lemon juice, salt and garlic. • Both vegan and non- vegan customers consume hummus. • Hummus is a really healthy dish due to its ingredients. • Hummus can be used as a side dish for almost most of the food items.
  • 5. MARKET RESEARCH  Data Collection Method: Face-to-Face Interviews: This quantitative data collection method is used for gathering information. In this method the customers are called upon to conduct direct interviews.
  • 6.  Went to stores and restaurants and conducted face-to-face interviews with 50 customers.  65% female and 25% male participants.  Customers of age between 18 and 60yrs.  92% liked humus ; among which 83% bought hummus products and dishes on a regular basis.  Customers prefer the hummus bar because they get tasty, healthy and variety dishes for lower prices.
  • 7. MARKET ANALYSIS PEST Analysis:  Political/Regulatory factors:  Affect price and sales of the food items.  Price varies with different region (Taxes, Trade Restrictions and other laws).  Economic factors:  Hummus bar sells products at cheaper price, because they are made locally.  For international market, product price will increase due to economic growth, exchange rates & inflation.
  • 8.  Socio-cultural factors:  Customers choose their food by price, promotions and preferences.  Socio-cultural factors customer needs, size and nature of market.  Hummus products will not be affected by this factors because of the quality and price.  Technological factors:  This factors deals with the manufacturing, packaging and distribution of products.  Hummus bar does not rely much on this factors.
  • 9. SWOT ANALYSIS Strength Weakness • High quality food • Low brand awareness • Variety food items • High competition • Low cost • Less investments • Loyal customers • Rapid growth in hummus market • Fresh & healthy fast food • Increase brand awareness Threats • Threat of over competition while market expansion • Possibility of failure in attracting trust and interest Case 1 Opportunities
  • 10. MARKETING PLAN:  Target market :  Age between 18 and 40yrs  Healthy and quick food  Vegans  Women customers
  • 11.  Marketing Mix:  Product: Cheap due to local preparation of hummus dishes. Hummus bar has got variety of dishes. The place attracts a lot of people due to its cost and freshness.  Price: Provides fresh and tasty fast food for a cheaper price. More loyal customers. It is a great threat for its competitors.  Place: Need to increase the number of wholesale grocery store clients, thus improving the business and brand awareness.  Promotion: Promotion is necessary for expanding the business. Proper promotions can lead to increase in brand awareness of the restaurant.
  • 12. SUMMARY  It’s wise for hummus bar to stick with the domestic expansion.  More loyal local customers.  Hummus market will keep on growing.  More business can be achieved by selling the products to the local wholesales stores. This also increases the brand awareness.  The business will promptly spread to nearby regions.