This marketing plan summary provides an overview of Saucy Grill's business and competitive situation:
- Saucy Grill operates in the casual dining restaurant market in Vancouver. It has experienced steady growth in sales and market share over the past three years. Its target market is adults aged 25-45.
- Saucy Grill faces competition from restaurants like The Keg, Moxie's Classic Grill, and Michael's Back Door. These competitors have similar target markets and positioning as casual dining establishments.
- Market research identified consumer preferences for high quality ingredients, variety of menu options, and a relaxed atmosphere. Younger consumers place more importance on value pricing and promotions. The macro environment is favorable with projected population and income growth