Marketing Plan for
Just Around The Bay
Restaurant
Harikrishnan B Menon
CMBA-5
1504
Executive Summary
• Just Around The Bay(JATB) is targeted to corporate
executives, family get2gether & Food & Wine lovers .This is
located in the heart of Mumbai (Andheri West) from
afternoon (Lunch) till post midnight . The primary
marketing objective is to cater Food & Beverages to at least
20000 people in the 1st year &the financial objective is to
achieve revenue of 5 million INR.
Objectives
• Food Cost to be kept below 30% of revenue.
• Promoting and expanding the business as Unique Restaurant.
• Expanding our marketing and advertising in Mumbai to increase our
customer base.
• Customer Satisfaction.
• To create a Healthy and safe Environment.
Mission
• At JATB we have a very clear and precise mission, to
impress our customers by giving them the highest degree
of service possible and by providing them with the freshest,
finest & good quality food at reasonable prices, in a
soothing and comfortable environment.
Vision
• We will maintain our established reputation within our province
and community for a high standard of:
• ​Food quality, creativity and presentation
• Consistent superior service and price value
• ​Sanitation, appearance and overall professional attitude​​​​​​​​​​​
Company Summary
• The Interior Design
• The Restaurant will Feature two venues:
– One will be in the restaurant mainly for dining purpose and
Family.
– Other will be Outdoor for the Customer who wants something
not so heavy like lunch and dinner.
– Lounge( for waiting) and Bar Facilities will be provided.
– Bean Bags will be provided in Lounge.
Company Summary
• The Menu:
– There will be little bit flexibility in the menu at the starting of
the Restaurant.
• The Management:
– One restaurant manager.
– Chef according to need and demand.
– One supply chain and inventory manager.
– Waiters according to the number of tables.
Company Start-Up
• A space has to be rented of in an appropriate location .
• Our start-up costs are mostly expensed equipment, furniture,
painting, reconstruction rent, start-up labor, and legal and
consulting costs associated with opening our restaurant.
Locations and Operations
• Andheri West will be strategically suitable because of the following
reasons:
• In front of Corporate Offices .
• It also have residential societies like Raheja’s & Oberoi’s.
• It doesn’t have even a single restaurant near this area who provides
Food & Wine at the same place .
Operation Criteria:
• The restaurant will be located in Andheri West, Mumbai. The
restaurant will service lunch & dinner and after-hours dining during
the week and weekends.
• Buffet will be Provided in lunch and dinner:
– 799 INR-for Veg.
– 999 INR –for Non Veg.
• Mid-Night Buffet Will be available in Weekends upto 12 am-3 am.
– 600 INR-for veg.
– 800 INR-for Non veg.
• Service will be during the following hours:
– Lunch-12pm-4pm
– Dinner-7pm-11pm
The Menu:
• We will provide the following cuisine:
1) Salads
2) Desserts
3) Drinks(Alcoholic, Non-Alcoholic & Wines)
4) Exclusive North Indian Speciality + Some dishes of Chinese and
Italian, Thai Food, Sea food, Continental.
Market Analysis
• Today in India the trend of specialty restaurants is
increasing
• Dining Experience
• Reasonable Experience
Market Segmentation
• Restaurant and Lounge intends to cater to a wide customer base.
We Want everyone to feel welcome and entertained. We have
defined the following groups as target segments that contribute to
our growth projections:
– Youths and Teenagers
– Families
– The peoples will generally fall in between 15 to 50.
Strategy and Implementation
• We intend to succeed by giving people a combination of excellent
and interesting food in an environment.
• We will focus on establishing a strong identity in our community
with a grand opening.
• We will create an appealing and entertaining environment with
unbeatable quality at an exceptional price.
• All menu items are moderately priced for the area
Competitive Edge
• Competitive edges will be:
– An extraordinary contemporary restaurant design
– Indian & Continental classic menu with featured menu
– Inner and Outer Sector Marketing campaign(i.e “come to town”
promotions)
• Employee Training, Incentive and Retention program.
Marketing strategy
• Marketing strategy will be to promote our food, superior service,
and exciting concepts to draw in the local repeat customers.
Marketing initiatives will concentrate on the following:
• Building and signage(Signage is any kind of visual graphics
created to display information to a particular audience).
• Customer service
• Advertising and promotion
Marketing program
• Media marketing:-
– Billboard advertisement.
– Distribution of pamphlets.
– Advertisement in local newspaper and T.V.
Sales strategy
• Our sales strategy requires consistently high quality food service ,
speed and atmosphere. We can accomplish this by:
– Hiring employees who genuinely enjoy their jobs.
– Continually assessing the quality of all aspects mentioned
above.
– Interacting with our customers personally , so they know that
their feedback goes directly to owners
– Evaluating food choices for popularity
Management summary
• Restaurant manager
• Sommelier
• Finance manager.
• Supply manager.
• Legal advisor.
• Inventory manager.
• Cashier cum receptionist.
Publicity:
Discount Coupons will be available on the Following
Websites.
Marketing plan-Just around the Bay

Marketing plan-Just around the Bay

  • 1.
    Marketing Plan for JustAround The Bay Restaurant Harikrishnan B Menon CMBA-5 1504
  • 2.
    Executive Summary • JustAround The Bay(JATB) is targeted to corporate executives, family get2gether & Food & Wine lovers .This is located in the heart of Mumbai (Andheri West) from afternoon (Lunch) till post midnight . The primary marketing objective is to cater Food & Beverages to at least 20000 people in the 1st year &the financial objective is to achieve revenue of 5 million INR.
  • 3.
    Objectives • Food Costto be kept below 30% of revenue. • Promoting and expanding the business as Unique Restaurant. • Expanding our marketing and advertising in Mumbai to increase our customer base. • Customer Satisfaction. • To create a Healthy and safe Environment.
  • 4.
    Mission • At JATBwe have a very clear and precise mission, to impress our customers by giving them the highest degree of service possible and by providing them with the freshest, finest & good quality food at reasonable prices, in a soothing and comfortable environment.
  • 5.
    Vision • We willmaintain our established reputation within our province and community for a high standard of: • ​Food quality, creativity and presentation • Consistent superior service and price value • ​Sanitation, appearance and overall professional attitude​​​​​​​​​​​
  • 6.
    Company Summary • TheInterior Design • The Restaurant will Feature two venues: – One will be in the restaurant mainly for dining purpose and Family. – Other will be Outdoor for the Customer who wants something not so heavy like lunch and dinner. – Lounge( for waiting) and Bar Facilities will be provided. – Bean Bags will be provided in Lounge.
  • 7.
    Company Summary • TheMenu: – There will be little bit flexibility in the menu at the starting of the Restaurant. • The Management: – One restaurant manager. – Chef according to need and demand. – One supply chain and inventory manager. – Waiters according to the number of tables.
  • 8.
    Company Start-Up • Aspace has to be rented of in an appropriate location . • Our start-up costs are mostly expensed equipment, furniture, painting, reconstruction rent, start-up labor, and legal and consulting costs associated with opening our restaurant.
  • 9.
    Locations and Operations •Andheri West will be strategically suitable because of the following reasons: • In front of Corporate Offices . • It also have residential societies like Raheja’s & Oberoi’s. • It doesn’t have even a single restaurant near this area who provides Food & Wine at the same place .
  • 10.
    Operation Criteria: • Therestaurant will be located in Andheri West, Mumbai. The restaurant will service lunch & dinner and after-hours dining during the week and weekends. • Buffet will be Provided in lunch and dinner: – 799 INR-for Veg. – 999 INR –for Non Veg. • Mid-Night Buffet Will be available in Weekends upto 12 am-3 am. – 600 INR-for veg. – 800 INR-for Non veg. • Service will be during the following hours: – Lunch-12pm-4pm – Dinner-7pm-11pm
  • 11.
    The Menu: • Wewill provide the following cuisine: 1) Salads 2) Desserts 3) Drinks(Alcoholic, Non-Alcoholic & Wines) 4) Exclusive North Indian Speciality + Some dishes of Chinese and Italian, Thai Food, Sea food, Continental.
  • 12.
    Market Analysis • Todayin India the trend of specialty restaurants is increasing • Dining Experience • Reasonable Experience
  • 13.
    Market Segmentation • Restaurantand Lounge intends to cater to a wide customer base. We Want everyone to feel welcome and entertained. We have defined the following groups as target segments that contribute to our growth projections: – Youths and Teenagers – Families – The peoples will generally fall in between 15 to 50.
  • 14.
    Strategy and Implementation •We intend to succeed by giving people a combination of excellent and interesting food in an environment. • We will focus on establishing a strong identity in our community with a grand opening. • We will create an appealing and entertaining environment with unbeatable quality at an exceptional price. • All menu items are moderately priced for the area
  • 15.
    Competitive Edge • Competitiveedges will be: – An extraordinary contemporary restaurant design – Indian & Continental classic menu with featured menu – Inner and Outer Sector Marketing campaign(i.e “come to town” promotions) • Employee Training, Incentive and Retention program.
  • 16.
    Marketing strategy • Marketingstrategy will be to promote our food, superior service, and exciting concepts to draw in the local repeat customers. Marketing initiatives will concentrate on the following: • Building and signage(Signage is any kind of visual graphics created to display information to a particular audience). • Customer service • Advertising and promotion
  • 17.
    Marketing program • Mediamarketing:- – Billboard advertisement. – Distribution of pamphlets. – Advertisement in local newspaper and T.V.
  • 18.
    Sales strategy • Oursales strategy requires consistently high quality food service , speed and atmosphere. We can accomplish this by: – Hiring employees who genuinely enjoy their jobs. – Continually assessing the quality of all aspects mentioned above. – Interacting with our customers personally , so they know that their feedback goes directly to owners – Evaluating food choices for popularity
  • 19.
    Management summary • Restaurantmanager • Sommelier • Finance manager. • Supply manager. • Legal advisor. • Inventory manager. • Cashier cum receptionist.
  • 20.
    Publicity: Discount Coupons willbe available on the Following Websites.