Marketing plays a very important role in the organization’s success; it is a must to every organization to consider strategizing their different marketing practices. The study presented the marketing strategies of restaurants in Nueva Ecija. The study aimed to assess different marketing strategies which focused on product offering, pricing and promotion of the restaurants in the province. The descriptive method of research was utilized and questionnaire served as the instrument for collecting data. Owners/ managers of eight selected restaurants in Nueva Ecija were taken as respondents. As to product/service offerings, restaurants management offered variety of food and beverages to attract customers. They also maintained the cleanliness of their places and their surroundings. They based their prices on their production cost and current market demand. Meanwhile, advertising and sales promotion were the main promotional tool used by the restaurants management. On the other hand, the restaurants management should continuously provide new variety of high quality food offerings coupled with courteous and prompt services sold at a reasonable price.
Marketing Strategies of Selected Water Refilling Stations in Nueva Ecija, Phi...IJAEMSJORNAL
The study presented the marketing strategies of selected water refilling stations in Nueva Ecija. The study aimed to assess different marketing strategies with focus on product offering, pricing and promotion of the water refilling stations along with getting the satisfaction of the customers with the strategies. The descriptive method of research was utilized and the normative survey technique was used for gathering data. The study revealed that most of the water refilling stations used similar marketing strategies. In addition, lack of budget hinders the water refilling stations for having good marketing strategies. Furthermore, customers are satisfied with the product offering and pricing except to the promotional activities of the water refilling stations.
The document provides a summary of Robert Wedemeyer's relevant experience and accomplishments. It details his experience over 30 years working in retail grocery management, food distribution, and merchandising roles. Some of the key responsibilities and achievements highlighted include taking over underperforming stores and departments and improving financial performance, implementing inventory control systems, training employees, meeting sales and budget goals, and opening new locations. It also lists his education in food services, business management, and relevant training programs.
The meat processing business in baguio city its production, marketing and oth...lhenczey
This thesis abstract examines the meat processing business in Baguio City, Philippines. It analyzes the characteristics of meat processors, including their educational background and experience levels. It also examines the businesses' operations, capital levels, and staffing needs. The study found that meat processors encounter some production, marketing, and other problems occasionally. A lack of advertising and promotion was a significant marketing problem. The abstract recommends that meat processors pursue further education, increase capital levels, and engage marketing professionals to help address issues. Overall, the study provides insight into the operations and challenges of meat processing businesses in Baguio City.
measuring service quality and customer satisfaction in Fast food restaurants ...Rahel Hailu
This document discusses a survey measuring service quality and customer satisfaction in fast food restaurants in South Korea. It provides an overview of the fast food industry globally and in Korea. Six major fast food chains were surveyed. The survey measured customer perceptions of service, food quality, location/facilities, and price across various dimensions on a 5-point scale. Results found service to have the highest mean score while price was lowest. Key factors like food freshness, location proximity, and value emerged as important. The implications suggest restaurants focus on affordability, comfort, and food quality to improve performance and customer satisfaction.
Marketing Plan of a New Food and Beverage Operation on PolyU CampusLeo Chu
This document proposes a new food and beverage operation on the PolyU campus. It begins with an analysis of the external environment including the demographic, economic, political, social/cultural, and technological landscapes. It then discusses opportunities and threats in the market. Marketing objectives are outlined along with a target market analysis focusing on Generation Y students and staff with mealtime on campus. The operation will position itself as providing inexpensive yet high quality sushi and Japanese snacks efficiently on campus. Products, pricing, placement, promotion, budget, milestones, and controls are proposed. The financial projections estimate over $1 million in net profit by the first year.
Synergetics is a management consulting firm celebrating its 40th anniversary. It considers the food and beverage industry a core business sector. The document discusses trends and challenges in the industry, including cost pressures, regulations, and the growing trend of co-manufacturing and co-packaging to reduce costs. It provides an example of how Synergetics helped a client improve inventory performance and inventory turns through collaborative forecasting and planning efforts.
Afa Comparision between breadtalk & Old Chang Keebottletree
Golden Phoenix Pte Ltd is considering whether Ms. Wanna Lui should invest $100,000 in the stock market given her requirements of a 5-year timeframe, medium risk tolerance, and desired 5% annual return. The F&B industry background details its contribution to GDP, establishments, employment figures, and profitability ratios from 2007-2008. Old Chang Kee is presented as a case study, outlining its history, strengths, weaknesses, opportunities, threats, and franchise expansion plans. BreadTalk is analyzed as the main competitor.
Marketing Strategies of Selected Water Refilling Stations in Nueva Ecija, Phi...IJAEMSJORNAL
The study presented the marketing strategies of selected water refilling stations in Nueva Ecija. The study aimed to assess different marketing strategies with focus on product offering, pricing and promotion of the water refilling stations along with getting the satisfaction of the customers with the strategies. The descriptive method of research was utilized and the normative survey technique was used for gathering data. The study revealed that most of the water refilling stations used similar marketing strategies. In addition, lack of budget hinders the water refilling stations for having good marketing strategies. Furthermore, customers are satisfied with the product offering and pricing except to the promotional activities of the water refilling stations.
The document provides a summary of Robert Wedemeyer's relevant experience and accomplishments. It details his experience over 30 years working in retail grocery management, food distribution, and merchandising roles. Some of the key responsibilities and achievements highlighted include taking over underperforming stores and departments and improving financial performance, implementing inventory control systems, training employees, meeting sales and budget goals, and opening new locations. It also lists his education in food services, business management, and relevant training programs.
The meat processing business in baguio city its production, marketing and oth...lhenczey
This thesis abstract examines the meat processing business in Baguio City, Philippines. It analyzes the characteristics of meat processors, including their educational background and experience levels. It also examines the businesses' operations, capital levels, and staffing needs. The study found that meat processors encounter some production, marketing, and other problems occasionally. A lack of advertising and promotion was a significant marketing problem. The abstract recommends that meat processors pursue further education, increase capital levels, and engage marketing professionals to help address issues. Overall, the study provides insight into the operations and challenges of meat processing businesses in Baguio City.
measuring service quality and customer satisfaction in Fast food restaurants ...Rahel Hailu
This document discusses a survey measuring service quality and customer satisfaction in fast food restaurants in South Korea. It provides an overview of the fast food industry globally and in Korea. Six major fast food chains were surveyed. The survey measured customer perceptions of service, food quality, location/facilities, and price across various dimensions on a 5-point scale. Results found service to have the highest mean score while price was lowest. Key factors like food freshness, location proximity, and value emerged as important. The implications suggest restaurants focus on affordability, comfort, and food quality to improve performance and customer satisfaction.
Marketing Plan of a New Food and Beverage Operation on PolyU CampusLeo Chu
This document proposes a new food and beverage operation on the PolyU campus. It begins with an analysis of the external environment including the demographic, economic, political, social/cultural, and technological landscapes. It then discusses opportunities and threats in the market. Marketing objectives are outlined along with a target market analysis focusing on Generation Y students and staff with mealtime on campus. The operation will position itself as providing inexpensive yet high quality sushi and Japanese snacks efficiently on campus. Products, pricing, placement, promotion, budget, milestones, and controls are proposed. The financial projections estimate over $1 million in net profit by the first year.
Synergetics is a management consulting firm celebrating its 40th anniversary. It considers the food and beverage industry a core business sector. The document discusses trends and challenges in the industry, including cost pressures, regulations, and the growing trend of co-manufacturing and co-packaging to reduce costs. It provides an example of how Synergetics helped a client improve inventory performance and inventory turns through collaborative forecasting and planning efforts.
Afa Comparision between breadtalk & Old Chang Keebottletree
Golden Phoenix Pte Ltd is considering whether Ms. Wanna Lui should invest $100,000 in the stock market given her requirements of a 5-year timeframe, medium risk tolerance, and desired 5% annual return. The F&B industry background details its contribution to GDP, establishments, employment figures, and profitability ratios from 2007-2008. Old Chang Kee is presented as a case study, outlining its history, strengths, weaknesses, opportunities, threats, and franchise expansion plans. BreadTalk is analyzed as the main competitor.
Strategic Learning and Performance of Small and Medium Sized Dairy Processing...CSCJournals
The dairy sector plays a key role in the economic growth and development of Kenya, yet many firms in the sector, especially the small and medium sized, continue to face performance challenges such as the unregulated informal milk market, accessing markets, high industry barriers and strategic leadership competency deficiencies that fail to create environments of learning among others. Strategic learning is important in the sustainability of firms and though the subject has received attention both in practice and scholarly, its effect on the performance of small and medium sized dairy processing firms remains uncertain. This study sought to determine the effect of strategic learning on the performance of small and medium sized diary processing firms in Kenya. The study was anchored on the Path-Goal Leadership Theory. Descriptive and explanatory research designs were used. A census survey was conducted and primary data was collected. A semi-structured questionnaire was distributed to 92 respondents consisting of chief executive officer, finance manager, marketing manager and production managers. In total, 84 questionnaires were filled and returned thus a 91.3% response rate was achieved. Descriptive statistics such as mean and standard deviation were used to explain data characteristics, while multiple regression was used to test the effect of the study variables on firm performance. The results showed that strategic learning has a positive significant effect on performance of small and medium sized dairy processing firms in Kenya, therefore it is perceived that firms that practice strategic learning have better performance. The study contributes to the body of knowledge of strategic management by filling contextual, empirical, and conceptual gaps identified earlier in literature and establishing a nexus of strategic learning and performance of small and medium sized dairy processing firms in Kenya. The study recommends that the small and medium sized dairy processing firms in Kenya should ensure that strategic learning is practiced in their firms by creating a learning culture in their firms, encourage innovations and team learning.
A detailed study to analyze the business strategy of whole foods market incCharm Rammandala
The purpose of this study is to understand the business philosophy behind the Whole Foods Market Inc which is the largest natural and organic foods supermarket in USA. The study will look in to the business strategy of the company along with firm specific resources and capabilities. Further, study will evaluate the future challenges and opportunities for the company.
Okeke Chukwunonso Anthony CV 2015 current.Okeke Anthony
This document is a resume for Chukwunonso Anthony Okeke. It summarizes his educational background which includes a BSc in Microbiology from University of Ibadan, an MBA from Lagos Business School, and pursuing a DBA from Walden University. It then details his work experience spanning from 2003-present in various roles including sales, supply chain management, and business development for companies like Grand Oak Ltd, Olam Nigeria Ltd, Xav Consult Ltd, Gaya General Hospital, and Contact Marketing Ltd. It concludes with descriptions of his skills, interests, training, and associations.
Tania Moffett-Hilber is an experienced territory manager and director of marketing with a proven track record of exceeding sales goals. She has expertise in developing strategic relationships and consultative sales within hospital environments. Her resume outlines over 20 years of professional experience in pharmaceutical and medical device sales, marketing, and management roles.
Formalized sales and operations planning (S&OP)Tristan Wiggill
Formalised Sales & Operations planning (S&OP) – KFC case study by ELIZBE ROHDE.
Presented during the 37th annual SAPICS conference and exhibition for supply chain professionals, held at Sun City, South Africa on 1 June 2015.
The document summarizes research conducted to test ways to increase milk sales in foodservice outlets. It involved interviews with processors and operators, focus groups, and in-market tests of promotional concepts. The tests showed that promotions targeting children, combo meals, flavored milks, and suggestive selling increased milk sales an average of 42%. Promotions worked best in quick serve restaurants, midscale restaurants, and businesses and industry settings.
Armin Sorrera Tayo has over 25 years of experience in retail merchandising and operations management. He has held leadership roles such as Vice President of Merchandising and Marketing at PGLawson Inc. and Assistant Vice President for several departments at Rustans Supercenters. His experience includes working with major retail companies in the Philippines including Pilipinas Makro, Robinsons Supermarket, SM Hypermarket, and Shopwise.
Bijayalaxmee Pradhan has over 4 years of experience in market research, commodity analysis, and business development. She is currently a Market Research Analyst at Mordor Intelligence in Hyderabad, India. Previously, she was a Fundamental Analyst at Foretell Business Solutions, focusing on precious metals research. She has strong skills in data analysis, report writing, and developing actionable insights from market research. Her academic background includes a PGDM in Agri-business and Plantation Management.
KFC Pakistan provides a variety of halal and hygienic chicken products including crispy fried chicken, zingers, twisters, and burgers. It has a vision to be the leading food service group in the ASEAN region with consistent quality and excellent customer service. KFC uses strategies like differentiation, growth, and turnaround. It has competitive advantages like its dominant market share and expertise in chicken. The company follows policies and procedures centered around cleanliness, hospitality, accuracy, maintenance, product quality, and speed of service.
This document provides an overview of Finwa Company's marketing strategy for launching a new purified water brand. It discusses segmentation based on demographic, geographic, psychographic, benefit sought, and situational factors. It targets middle and lower middle income consumers in specific cities where tap water quality is poor. Finwa will use an undifferentiated marketing strategy with consistent pricing, products, distribution and promotions. The positioning strategy emphasizes Finwa water as pure, safe and affordable. Competitive strategies include flank attacks on Nestle's weak areas such as high prices, weak customer relationships and low retailer margins. The marketing mix discusses products, pricing, placement, promotion, people, programs and policies.
XYZ company produces frozen goods and wants to expand its exports business. It currently lacks brand awareness abroad and does not export to the UK, which makes up 70% of the frozen foods export market. To succeed, XYZ must invest in UK certification, address weaknesses like its limited product portfolio, and leverage its export knowledge. It plans to target the UK and NRI markets, ensure high product quality, and use segmentation and the OODA loop strategy to act quickly based on market observations. XYZ will also build brand awareness through online and offline methods like social media marketing, product reviews and videos. It needs an efficient distribution strategy using IT to improve its supply chain and gain a competitive advantage.
The document provides details about the proposed KoUiZna restaurant located in Delhi, India. It will offer a blend of Italian, Chinese, continental and Indian cuisines. The total capital investment is 1.5 crore rupees, with funds coming from personal investment, bank loans, and relatives. Key aspects of the restaurant's marketing plan are also outlined, including segmentation of customers, positioning strategies, and marketing tactics like digital promotion and community support.
Vickie L. Frazier has over 20 years of experience in wholesale distribution, merchandising, and marketing roles. She has worked for several companies supporting pharmaceutical and health/beauty care wholesale distribution to chain drug stores and independent pharmacies. Her experience includes national account support, auditing cost compliance, contract administration, purchasing, and account representation. She has strong skills in data entry, inventory management, order processing, and customer relationship management.
ITC Mint-O Marketing and Business development analysisVivek Kapoor
Candies are a fiercely contested space in India, and within Candies, Nestle Polo has a strong hold. Mint-O from ITC positioned itself uniquely targeting niche sensibilities and providing the necessary thrust though its wide network of small cigarette shops. This presentation identifies possible growth areas for the brand.
Formalized sales and operations planning (S&OP)Tristan Wiggill
Formalized sales and operations planning (S&OP) KFC case study by Elizbe Rohde.
Presented at the 37th Annual SAPICS Conference and exhibition for supply chain professionals, held at Sun City Hotel and Casino, South Africa on 1 June.
Lynn Pehrson has over 30 years of experience in retail grocery, including roles as a Fuel Field Merchandiser, Territory Supervisor, and Field Assistant for Safeway Stores. She currently oversees 32 stores across 4 northwestern states, ensuring compliance with policies and implementing programs to improve fuel sales and customer service. Pehrson has strong communication, planning, and leadership skills and a track record of success meeting sales goals. She holds a business management degree and seeks to continue utilizing her experience to benefit retail companies.
Michael Carroll is seeking a position that utilizes his 20 years of management experience in retail and grocery. He has held roles such as Sales Manager, General Manager, and Assistant Manager for various companies including Hhgregg, Loves Travel Stops, Liberty National Insurance Group, and Walmart. Carroll has experience supervising teams, customer service, inventory control, scheduling, and other managerial responsibilities. He is detail-oriented with certifications in areas like food safety and human relationships.
Customer Retention and Services Marketing Strategies Adopted By Selected Fast...inventionjournals
This study was geared towards discovering the relationship between two variables: marketing strategies, using the 7Ps of the marketing mix, and retention of customers who patronise the restaurants under study. These fast food restaurants, which are all located in Awka, Anambra State, are as follows: Chillers, Crunchies, Nourisha, and Pals Fast food. Two sets of questionnaires were designed; one was distributed to the restaurant managers and staff while the other was given to customers to determine the relationship between the application of marketing strategies and the retention of customers. An overview of the application of marketing strategies as they affect customer retention in restaurants was introduced. The study went on to state the major problem of fast food restaurant owners’/operators’ inability to appreciate the relevance and combine the 7Ps of services marketing in the course of trying to satisfy and retain customers. It went further to highlight the objectives of the study which were centred on establishing the relationship between the application of the 7Ps by the restaurant operators and customer retention. As regards methodology, the study applied a survey design to establish the level of significance in the relationship between customer retention and services marketing strategies. The study also gave a detailed account/report of the results of the study. Results showed that the 7Ps were significant in the retention of customers. Finally, conclusions, recommendations, and suggestions for further studies were presented. Based on the findings, recommendations were made on how to improve on service and apply services marketing strategies. Restaurants should apply these strategies in directly connecting with their customers to build retention that measurably increases sales and profit.
Customer Retention and Services Marketing Strategies Adopted By Selected Fast...inventionjournals
This study was geared towards discovering the relationship between two variables: marketing strategies, using the 7Ps of the marketing mix, and retention of customers who patronise the restaurants under study. These fast food restaurants, which are all located in Awka, Anambra State, are as follows: Chillers, Crunchies, Nourisha, and Pals Fast food. Two sets of questionnaires were designed; one was distributed to the restaurant managers and staff while the other was given to customers to determine the relationship between the application of marketing strategies and the retention of customers. An overview of the application of marketing strategies as they affect customer retention in restaurants was introduced. The study went on to state the major problem of fast food restaurant owners’/operators’ inability to appreciate the relevance and combine the 7Ps of services marketing in the course of trying to satisfy and retain customers. It went further to highlight the objectives of the study which were centred on establishing the relationship between the application of the 7Ps by the restaurant operators and customer retention. As regards methodology, the study applied a survey design to establish the level of significance in the relationship between customer retention and services marketing strategies. The study also gave a detailed account/report of the results of the study. Results showed that the 7Ps were significant in the retention of customers. Finally, conclusions, recommendations, and suggestions for further studies were presented. Based on the findings, recommendations were made on how to improve on service and apply services marketing strategies. Restaurants should apply these strategies in directly connecting with their customers to build retention that measurably increases sales and profit.
Strategic Learning and Performance of Small and Medium Sized Dairy Processing...CSCJournals
The dairy sector plays a key role in the economic growth and development of Kenya, yet many firms in the sector, especially the small and medium sized, continue to face performance challenges such as the unregulated informal milk market, accessing markets, high industry barriers and strategic leadership competency deficiencies that fail to create environments of learning among others. Strategic learning is important in the sustainability of firms and though the subject has received attention both in practice and scholarly, its effect on the performance of small and medium sized dairy processing firms remains uncertain. This study sought to determine the effect of strategic learning on the performance of small and medium sized diary processing firms in Kenya. The study was anchored on the Path-Goal Leadership Theory. Descriptive and explanatory research designs were used. A census survey was conducted and primary data was collected. A semi-structured questionnaire was distributed to 92 respondents consisting of chief executive officer, finance manager, marketing manager and production managers. In total, 84 questionnaires were filled and returned thus a 91.3% response rate was achieved. Descriptive statistics such as mean and standard deviation were used to explain data characteristics, while multiple regression was used to test the effect of the study variables on firm performance. The results showed that strategic learning has a positive significant effect on performance of small and medium sized dairy processing firms in Kenya, therefore it is perceived that firms that practice strategic learning have better performance. The study contributes to the body of knowledge of strategic management by filling contextual, empirical, and conceptual gaps identified earlier in literature and establishing a nexus of strategic learning and performance of small and medium sized dairy processing firms in Kenya. The study recommends that the small and medium sized dairy processing firms in Kenya should ensure that strategic learning is practiced in their firms by creating a learning culture in their firms, encourage innovations and team learning.
A detailed study to analyze the business strategy of whole foods market incCharm Rammandala
The purpose of this study is to understand the business philosophy behind the Whole Foods Market Inc which is the largest natural and organic foods supermarket in USA. The study will look in to the business strategy of the company along with firm specific resources and capabilities. Further, study will evaluate the future challenges and opportunities for the company.
Okeke Chukwunonso Anthony CV 2015 current.Okeke Anthony
This document is a resume for Chukwunonso Anthony Okeke. It summarizes his educational background which includes a BSc in Microbiology from University of Ibadan, an MBA from Lagos Business School, and pursuing a DBA from Walden University. It then details his work experience spanning from 2003-present in various roles including sales, supply chain management, and business development for companies like Grand Oak Ltd, Olam Nigeria Ltd, Xav Consult Ltd, Gaya General Hospital, and Contact Marketing Ltd. It concludes with descriptions of his skills, interests, training, and associations.
Tania Moffett-Hilber is an experienced territory manager and director of marketing with a proven track record of exceeding sales goals. She has expertise in developing strategic relationships and consultative sales within hospital environments. Her resume outlines over 20 years of professional experience in pharmaceutical and medical device sales, marketing, and management roles.
Formalized sales and operations planning (S&OP)Tristan Wiggill
Formalised Sales & Operations planning (S&OP) – KFC case study by ELIZBE ROHDE.
Presented during the 37th annual SAPICS conference and exhibition for supply chain professionals, held at Sun City, South Africa on 1 June 2015.
The document summarizes research conducted to test ways to increase milk sales in foodservice outlets. It involved interviews with processors and operators, focus groups, and in-market tests of promotional concepts. The tests showed that promotions targeting children, combo meals, flavored milks, and suggestive selling increased milk sales an average of 42%. Promotions worked best in quick serve restaurants, midscale restaurants, and businesses and industry settings.
Armin Sorrera Tayo has over 25 years of experience in retail merchandising and operations management. He has held leadership roles such as Vice President of Merchandising and Marketing at PGLawson Inc. and Assistant Vice President for several departments at Rustans Supercenters. His experience includes working with major retail companies in the Philippines including Pilipinas Makro, Robinsons Supermarket, SM Hypermarket, and Shopwise.
Bijayalaxmee Pradhan has over 4 years of experience in market research, commodity analysis, and business development. She is currently a Market Research Analyst at Mordor Intelligence in Hyderabad, India. Previously, she was a Fundamental Analyst at Foretell Business Solutions, focusing on precious metals research. She has strong skills in data analysis, report writing, and developing actionable insights from market research. Her academic background includes a PGDM in Agri-business and Plantation Management.
KFC Pakistan provides a variety of halal and hygienic chicken products including crispy fried chicken, zingers, twisters, and burgers. It has a vision to be the leading food service group in the ASEAN region with consistent quality and excellent customer service. KFC uses strategies like differentiation, growth, and turnaround. It has competitive advantages like its dominant market share and expertise in chicken. The company follows policies and procedures centered around cleanliness, hospitality, accuracy, maintenance, product quality, and speed of service.
This document provides an overview of Finwa Company's marketing strategy for launching a new purified water brand. It discusses segmentation based on demographic, geographic, psychographic, benefit sought, and situational factors. It targets middle and lower middle income consumers in specific cities where tap water quality is poor. Finwa will use an undifferentiated marketing strategy with consistent pricing, products, distribution and promotions. The positioning strategy emphasizes Finwa water as pure, safe and affordable. Competitive strategies include flank attacks on Nestle's weak areas such as high prices, weak customer relationships and low retailer margins. The marketing mix discusses products, pricing, placement, promotion, people, programs and policies.
XYZ company produces frozen goods and wants to expand its exports business. It currently lacks brand awareness abroad and does not export to the UK, which makes up 70% of the frozen foods export market. To succeed, XYZ must invest in UK certification, address weaknesses like its limited product portfolio, and leverage its export knowledge. It plans to target the UK and NRI markets, ensure high product quality, and use segmentation and the OODA loop strategy to act quickly based on market observations. XYZ will also build brand awareness through online and offline methods like social media marketing, product reviews and videos. It needs an efficient distribution strategy using IT to improve its supply chain and gain a competitive advantage.
The document provides details about the proposed KoUiZna restaurant located in Delhi, India. It will offer a blend of Italian, Chinese, continental and Indian cuisines. The total capital investment is 1.5 crore rupees, with funds coming from personal investment, bank loans, and relatives. Key aspects of the restaurant's marketing plan are also outlined, including segmentation of customers, positioning strategies, and marketing tactics like digital promotion and community support.
Vickie L. Frazier has over 20 years of experience in wholesale distribution, merchandising, and marketing roles. She has worked for several companies supporting pharmaceutical and health/beauty care wholesale distribution to chain drug stores and independent pharmacies. Her experience includes national account support, auditing cost compliance, contract administration, purchasing, and account representation. She has strong skills in data entry, inventory management, order processing, and customer relationship management.
ITC Mint-O Marketing and Business development analysisVivek Kapoor
Candies are a fiercely contested space in India, and within Candies, Nestle Polo has a strong hold. Mint-O from ITC positioned itself uniquely targeting niche sensibilities and providing the necessary thrust though its wide network of small cigarette shops. This presentation identifies possible growth areas for the brand.
Formalized sales and operations planning (S&OP)Tristan Wiggill
Formalized sales and operations planning (S&OP) KFC case study by Elizbe Rohde.
Presented at the 37th Annual SAPICS Conference and exhibition for supply chain professionals, held at Sun City Hotel and Casino, South Africa on 1 June.
Lynn Pehrson has over 30 years of experience in retail grocery, including roles as a Fuel Field Merchandiser, Territory Supervisor, and Field Assistant for Safeway Stores. She currently oversees 32 stores across 4 northwestern states, ensuring compliance with policies and implementing programs to improve fuel sales and customer service. Pehrson has strong communication, planning, and leadership skills and a track record of success meeting sales goals. She holds a business management degree and seeks to continue utilizing her experience to benefit retail companies.
Michael Carroll is seeking a position that utilizes his 20 years of management experience in retail and grocery. He has held roles such as Sales Manager, General Manager, and Assistant Manager for various companies including Hhgregg, Loves Travel Stops, Liberty National Insurance Group, and Walmart. Carroll has experience supervising teams, customer service, inventory control, scheduling, and other managerial responsibilities. He is detail-oriented with certifications in areas like food safety and human relationships.
Customer Retention and Services Marketing Strategies Adopted By Selected Fast...inventionjournals
This study was geared towards discovering the relationship between two variables: marketing strategies, using the 7Ps of the marketing mix, and retention of customers who patronise the restaurants under study. These fast food restaurants, which are all located in Awka, Anambra State, are as follows: Chillers, Crunchies, Nourisha, and Pals Fast food. Two sets of questionnaires were designed; one was distributed to the restaurant managers and staff while the other was given to customers to determine the relationship between the application of marketing strategies and the retention of customers. An overview of the application of marketing strategies as they affect customer retention in restaurants was introduced. The study went on to state the major problem of fast food restaurant owners’/operators’ inability to appreciate the relevance and combine the 7Ps of services marketing in the course of trying to satisfy and retain customers. It went further to highlight the objectives of the study which were centred on establishing the relationship between the application of the 7Ps by the restaurant operators and customer retention. As regards methodology, the study applied a survey design to establish the level of significance in the relationship between customer retention and services marketing strategies. The study also gave a detailed account/report of the results of the study. Results showed that the 7Ps were significant in the retention of customers. Finally, conclusions, recommendations, and suggestions for further studies were presented. Based on the findings, recommendations were made on how to improve on service and apply services marketing strategies. Restaurants should apply these strategies in directly connecting with their customers to build retention that measurably increases sales and profit.
Customer Retention and Services Marketing Strategies Adopted By Selected Fast...inventionjournals
This study was geared towards discovering the relationship between two variables: marketing strategies, using the 7Ps of the marketing mix, and retention of customers who patronise the restaurants under study. These fast food restaurants, which are all located in Awka, Anambra State, are as follows: Chillers, Crunchies, Nourisha, and Pals Fast food. Two sets of questionnaires were designed; one was distributed to the restaurant managers and staff while the other was given to customers to determine the relationship between the application of marketing strategies and the retention of customers. An overview of the application of marketing strategies as they affect customer retention in restaurants was introduced. The study went on to state the major problem of fast food restaurant owners’/operators’ inability to appreciate the relevance and combine the 7Ps of services marketing in the course of trying to satisfy and retain customers. It went further to highlight the objectives of the study which were centred on establishing the relationship between the application of the 7Ps by the restaurant operators and customer retention. As regards methodology, the study applied a survey design to establish the level of significance in the relationship between customer retention and services marketing strategies. The study also gave a detailed account/report of the results of the study. Results showed that the 7Ps were significant in the retention of customers. Finally, conclusions, recommendations, and suggestions for further studies were presented. Based on the findings, recommendations were made on how to improve on service and apply services marketing strategies. Restaurants should apply these strategies in directly connecting with their customers to build retention that measurably increases sales and profit.
Strategic Management Policies Implemented to the Service-based Business and i...ckhrisshel
In partial fulfillment with the course requirement in Internet Research for Business, this PowerPoint presentation discusses the group's business research report, "Strategic Management Policies Implemented to the Service-based Business and its Effectiveness."
Marketing Practices of Resorts in Cuyapo, Nueva Ecija: Implications to Busine...IJAEMSJORNAL
This document summarizes a study on the marketing practices of selected resorts in Cuyapo, Nueva Ecija, Philippines. The study assessed the resorts' product offerings, pricing, and promotion strategies, and examined customers' satisfaction levels. It found that the resorts had very high levels of product offerings but fair levels of promotion. Pricing practices were high. Customer satisfaction was highest for product offerings and lowest for promotion. The study also found no significant relationships between marketing practices and business-related factors like ownership, employees, or years in operation. The results provide implications for businesses and social studies.
Green Marketing Strategies of Restaurants in Nueva Ecija, PhilippinesIJAEMSJORNAL
Businesses today have been quick to adopt environmental management practices and implement green marketing strategies that focus on transforming such businesses to become eco-friendly entities. This research aimed at finding out how restaurants in Nueva Ecija use the concept of green marketing, and it examined its significant impact in their present undertakings. Furthermore, this research analyzed the green marketing strategies used by the restaurants and noted the challenges coupled in the implementation of such strategies. The respondents of the study were the owners/managers of fifteen (15) restaurants in Nueva Ecija. Survey questionnaire was the main instrument used by the researcher in conducting this study. The study revealed that the main reason for restaurant owners/managers on adopting green marketing strategies is to show their corporate social responsibilities. The top green marketing strategies practiced by the restaurants are the use of paper boxes in take-out orders and the minimal use of straws and plastic cups.However, the top challenge encountered by the restaurant owners/managers in adopting green marketing is primarily on the costs involved in implementing such strategies. The researcher recommended that each restaurant management should have a comprehensive marketing plan towards the effectiveness of implementing green marketing strategies.
The document analyzes the quick service restaurant industry. It identifies three key success factors for quick service restaurants: offering a wide array of options to meet varied consumer tastes, including healthier options; emphasizing accessibility and convenience through multiple locations; and capitalizing on opportunities in emerging markets. The report examines the industry environment, key segments, and provides appendices analyzing factors like PESTLE, Porter's Five Forces, and business models. It concludes that adapting to trends like offering healthier menus is important for the continued success of quick service restaurants.
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Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An Assessment
1. International Journal of Advanced Engineering, Management and Science (IJAEMS) [Vol-4, Issue-11, Nov-2018]
https://dx.doi.org/10.22161/ijaems.4.11.2 ISSN: 2454-1311
www.ijaems.com Page | 753
Product, pricing and promotional strategies of
Restaurants in Nueva Ecija: An Assessment
Arjhel Valenton Domingo
Nueva Ecija University of Science and Technology, Nueva Ecija, Philippines
Email: arjhel_domingo@yahoo.com
Abstract— Marketing plays a very important role in the
organization’s success; it is a must to every organization
to consider strategizing their different marketing
practices. The study presented the marketing strategies of
restaurants in Nueva Ecija. The study aimed to assess
different marketing strategies which focused on product
offering, pricing and promotion of the restaurants in the
province. The descriptive method of research was utilized
and questionnaire served as the instrument for collecting
data. Owners/ managers of eight selected restaurants in
Nueva Ecija were taken as respondents. As to
product/service offerings, restaurants management
offered variety of food and beverages to attract
customers. They also maintained the cleanliness of their
placesand theirsurroundings. They based their prices on
their production cost and current market demand.
Meanwhile, advertising and sales promotion were the
main promotional tool used by the restaurants
management. On the other hand, the restaurants
management should continuously provide new variety of
high quality food offerings coupled with courteous and
prompt services sold at a reasonable price.
Keywords— marketing; pricing; product; promotion;
restaurants.
I. INTRODUCTION
Filipinos love to eat, and entrepreneurs know it.
If you ask would-be-entrepreneurs about their opinion of
the best business to start, a lot of them will answer — it
should be food-related business. Indeed, food service
business is one of the most competitive fields when it
comes to business, specifically in income generation,
growth and expansion.
In Nueva Ecija, restaurant business becomes an
industry to watch out for as increasing number of this
business is very evident mostly in the heart of the city.
However, the increasing number of restaurants in the city
manifests that competition gets stiffer. With this, only
those businesses that geared with best practices and
properly managed survive.
The extreme business competition and rapid
changes in business environment have enticed many
businesses into adopting businesses practices that are said
to be of great help for them to achieve excellence status.
These business practices are said to be the ways that have
contributed to increasing the performance such as
profitability and market share of the organization. Many
of the owners of the businesses that have empowered their
marketing practices are still in the running for the longest
time and recognized as strongest contenders in the
industry.
According to Marrs (2015), the competition
among restaurants is fierce, and owners need to give their
all to be successful. In order for a restaurant firm to stay
on the industry owners should have some new fresh ideas.
Restaurant owners must be vigilant on their marketing
practices so that they will be able to survive competition.
In this study, the marketing strategies of
restaurant businesses in Nueva Ecija in accordance with
their products, pricing and promotion were described.
This study will benefit the business owners as this study
provided them information on their marketing practices
for them to have benchmark. It is imperative therefore, for
businesses to determine their best practices and
continuously nurture these to keep their good standing.
Moreover, this study will serve as a roadmap to the future
entrepreneurs whose idea is to putting up a food business
and giving thema clearer perspective on running this type
of business, perhaps a slice of secrets in achieving
business excellence.
II. METHODOLOGY
The research design utilized by the researchers in
this study was the descriptive method. Questionnaire
was used as the technique in gathering the data and
additional interview questions prompted to the interest
of the researchers. Questionnaire was structured based
on the study of Sangkaworn, C. and Mujtaba, B., (n.d.).
The respondents of the study were the owners of the
eight selected restaurants in Nueva Ecija.
III. RESULTS AND DISCUSSIONS
1. Profile of the Restaurants
2. International Journal of Advanced Engineering, Management and Science (IJAEMS) [Vol-4, Issue-11, Nov-2018]
https://dx.doi.org/10.22161/ijaems.4.11.2 ISSN: 2454-1311
www.ijaems.com Page | 754
Table.1: Profile of the Restaurants
Description f %
Type of ownership
Sole proprietorship 3 37.5
Partnership 3 37.5
Corporation 2 25
TOTAL 100
Number of employees
4 – 6 0 0
7 – 9 0 0
10 and above 8 100
TOTAL 100
Years of Existence
2 to 5 years 5 62.5
6 to 8 years 1 12.5
9 to 11 years 1 12.5
12 to 14 years 0 0
15 years and above 1 12.5
TOTAL 100
Table 1 presents the profile of the restaurants.As
to type of ownership, the table shows that three (3)
restaurants were under sole proprietorship type, three (3)
partnership and two (2) corporation. According to the
owners, sole proprietorship is a type of business
organization that is easier to manage. Partnership on the
other hand, is preferred by some owners because of
bigger resources that can be contributed among partners.
As to number of employees the eight restaurants
have more than 10 employees. As business operation
grows, restaurants employed more than 10 employees to
cater growing number of customers coming to their place.
In addition, five (5) restaurants are operating for
2-5 years, one (1) is in business for 6-8 years the other
one (1) is operating for 9-11 years and one (1) is in
restaurant industry for more than 15 years now.
Restaurant industry is fast-growing industry in Nueva
Ecija as number of restaurants is increasing. According to
the respondents, they really worked on their marketing
strategies to survive the stiff competition and for themto
stay longer in the said industry.
2. Marketing Strategies of Restaurants
2.1 Product Offering
Items 1, 4 and 6 got a weighed mean of 5.00 and
rated “always”. They considered the availability of
variety of food and beverages, sanitation and cleanliness
of the restaurant and their surroundings and prompt
courteous service.
Table.2: Marketing Strategies of Restaurants in terms of
Product Offering
Product/service
practices
Weighted
mean
Description Rank
1. Availability of
variety of food
and beverages.
5 Always 2
2. Completeness
of dining
facilities
4.75 Always 6.5
3. Availability of
parking space
4.75 Always 6.5
4. Sanitation and
cleanliness of
the restaurant
and their
surroundings
5 Always 2
5. Good and
proper
ventilation
4.88 Always 4.5
6. Prompt
courteous
service
5 Always 2
7. Attractiveness
of arrangement
of the place
4.88 Always 4.5
According to the respondents, they made it sure
that all the foods/beverages in the menu are available so
that customers will not be disappointed. In addition, they
maintained a standard of cleanliness in all corners of
restaurants. Furthermore, they have trained employees to
be customer-friendly, accommodating and very
welcoming. The restaurant owners also provided good
and proper ventilation and made their place attractive.
These were the main factors that they considered
in the operation of the business in order to attract and
retain loyal customers.
2.1 Pricing
Table.3: Marketing Strategies of Restaurants in terms of
Pricing
Pricing practices
Weighte
d mean
Descriptio
n
Ran
k
1. Based on
cost/expense of
product
4.63 Always 1
2. Based on demand 4.25 Always 3
3. Discount 4.38 Always 2
4. Based on the
price of
competitors
3.75 Very
Often
4
3. International Journal of Advanced Engineering, Management and Science (IJAEMS) [Vol-4, Issue-11, Nov-2018]
https://dx.doi.org/10.22161/ijaems.4.11.2 ISSN: 2454-1311
www.ijaems.com Page | 755
As to pricing, item 1 got a weighted mean of
4.63. This means that cost/expense of the product was the
primary basis in their pricing. Considerations number 2
weighted mean of 4.25 and rated “always”. According to
the respondents, they sometimes adjusted their prices
based on the season/demand (e.i. Valentine’s Day and
Christmas). Item 3 got a weighted mean of 4.38 and rated
“always”. This means that they also offered discounts to
their clients. Meanwhile, item 4 got a weighted mean of
3.75 and rated “very often”. This denotes that they very
often used the price of the competitors as their basis.
Since price is the only element among the P’s of
marketing mix that generates income, owners of the
restaurants always see to it that prices are fair and
affordable in order to retain customers.
2.3 Promotion
Table.4: Marketing Strategies of Restaurants in terms of
Promotion
Promotion
Weighted
mean
Descriptio
n
Rank
1. Giving customer
a discount
4.38 Always 5
2. Providing
additional
amenities such
WiFi, radio and
television plus
cable TV,
Telephone/interc
om
4.88 Always 3
3. Greeting
customers and
being friendly
5 Always 1.5
4. Providing
customers with
clean and
ventilated space
5 Always 1.5
5. Giving souvenirs
and gifts
3.25 Often 6
As to promotion, considerations 4 and 5 both got
a weighted mean of 5.00 and rated “always”. According
to the respondents, they always provided customers with
clean and ventilated spaces and they greeted customers
and be friendly to them. On the other hand, item 1, and 2
got a weighted mean of 4.38 and 4.88, respectively and
rated “always”. This implies that they gave discount to
their customers and provided additional amenities such
wifi, radio and television plus cable TV,
telephone/intercom.
Primarily, sales promotion is one of the
promotional tools used by the owners. The above sales
promotion activities are the most common factors they
considered in order to capture and maintain customers’
loyalty, considering that customers are the ones who give
income to the business.
Table.5: Ways of Advertising Restaurants
Ways of advertising
restaurants
Weighte
d Mean
Descriptio
n
Ran
k
1. Local radio
1.88
Sometime
s
4
2. Local newspaper 3.13 Often 3
3. Brochures
distributed
3.38 Often
1
4. Billboard nearby 3.25 Often 2
In terms of advertisement, owners often
advertised their restaurants through brochures. According
to them, budget was the main consideration in their
advertising campaigns. Thus, they used the cheapest
means of advertising such as brochures and billboards and
through local newspapers and local radio stations.
3. Implication of the study to Business Administration
This study was conducted to find out the
marketing strategies of selected restaurants of Nueva
Ecija in terms of business-related factors which covered
the type of ownership, number of employees, years of
existence, the level of implementation of marketing
strategies in terms of product offering, pricing and
promotion. Since marketing now plays a very important
role in the organization’s success, it is a must to every
organization to consider strategizing their different
marketing practices. Presented herewith were the different
considerations to which, if taken much attention would
contribute to the success of company’s marketing
programs.
Attention on the product, pricing and promotion
aspects of the business would lead you to having a higher
impact on the industry you are into. In addition, since
business is about earning money, giving special attention
on marketing could give an organization a favourable
profit.
IV. CONCLUSIONS AND RECOMMENDATIONS
Based on the results of the study, majority of the
restaurants were under sole proprietorship and
partnership, with more than 10 employees and have
operated for 2-5 years now. As to product/service
offering, restaurant owners considered the availability of
variety of food and beverages, sanitation and cleanliness
of the restaurant and their surroundings and prompt
courteous service. As to pricing, cost/expense of the
product was the primary basis in setting prices of
4. International Journal of Advanced Engineering, Management and Science (IJAEMS) [Vol-4, Issue-11, Nov-2018]
https://dx.doi.org/10.22161/ijaems.4.11.2 ISSN: 2454-1311
www.ijaems.com Page | 756
products. Whereas, advertising and sales promotion were
the top promotion tools used by the restaurant owners.
Thus, restaurants’ management have to improve
customer satisfaction levels by providing a wide variety
of products with high quality coupled with courteous and
prompt services sold at a reasonable price. The restaurant
owners should use other promotional techniques like
social media in order to make the product more popular in
the minds of existing and prospective customers.
Furthermore, another study prior to the evaluation as to
the effectiveness of marketing strategies of restaurants
should be conducted.
REFERENCES
[1] Marrs, M. (2015, January 14). 25 Restaurant
Mark eting Ideas: Tips & Strategies to Win in
the Food Business. Retrieved from
http://www.wordstream.com/blog/ws/2015/01/14/res
taurant-marketing
[2] Sangkaworn, C., Mujtaba, B., (n.d.). Marketing
practices of hotels and resorts in ChiangMai: a
study of products, pricing, and promotional
practices. Retrieved from
http://www.aabri.com/manuscripts/09383.pdf