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Copy of MARKETING PLAN MUSHROOM BURGER
Transcript of Copy of MARKETING PLAN MUSHROOM BURGER
A company that ensures customer satisfaction based on high quality products and service. COMPANY DESCRIPTION History
Success UP NEXT History Success Mushroom before burgers Mushroom's potential as an edible product "Mushrooms were more expensive than beef" Executive Chef of a major hotel in Manila First sale was in major hotels and restaurants Introducing mushroom to the Filipino diet was a struggle They were desperate to introduce mushroom in the market Ingredient in Siopao to Burger Patty The mushroom burger was indeed tasty but it is too cheap for its quality and packaging could be improved Increased Price to compete with Tropical Hut One burger sold during the dry run Marketing Plan STRATEGIC FOCUS AND PLAN ANALYSIS UP NEXT MISSION FINANCIAL GOALS NON FINANCIAL GOALS Costumer Analysis Marketing Plan Marketing Plan Their mission is to introduce and share humble's mushroom potential for commercial greatness as an edible product with the world. To be one of the most successful fast food outlets in the Philippines To make a mushroom burger a destination spot for mall goers To expand into a number of outlets by three years and sell franchise to the cities of the country Get access to high traffic shopping malls near the target market Create a unique, innovative and entertaining menu that will differentiate us from the rest of the competitors CORE COMPETENCE To generate an income To control costs at all time To obtain a return of equity of atleast 50% in three years Gain market shares in Phil. Fast-food industry Mushroom Burger seeks to: Innovate and find new mushroom dishes to continue to supply customers varieties of recipes with high quality Advertise further the uniqueness the fast food offers as it specializes with mushroom Improve customer service and create a family-friendly ambiance UP NEXT SITUATIONAL ANALYSIS SWOT ANALYSIS INDUSTRY ANALYSIS ambiance, prices are very reasonable consistent quality, always attentive, no hassle in parking fast serving, place is always clean offer choices for vegetarians the burger is like the YUM of jollibee you can already expect what can you eat from this place the burger buns are somewhat airy and thin the place looks old but maintained clean to a bare minimum UP NEXT Major Competitors WENDY’S
Wendy’s has more than 40 years of experience in the fast food industry. They are the third largest burger chain with around 6650 locations. They have employee strength of 46000.
Wendy’s is a globally recognized brand with
a strong supply chain network. Popular for its taste and use of fresh beef instead of frozen. Is financially stable and is equipped with effective marketing and advertising. But, their food is perceived as unhealthy. Operation of franchisees is difficult to manage and less number of locations as compared to its competitors globally.
Burger King serves a lot of burgers that is typically not available in other fast food restaurant. Some of the examples are, BK Mushroom Swiss which serves beef patty and topped with mushroom sautéed sauce, Grilled Chicken burger which is prepared by grilling the chicken patty and others. Most of the burgers prepared in Burger King are cooked by properly grilling them over fire. Burger King also serves varieties of side dishes in their restaurants such as mozzarella sticks, apple pie, Hershey's pie and others. On the other hand, Burger King does not advertise their products like their competitors do.
Mushroom burger is a healthy alternative to your typical burger which many people will also love. Research showed that mushrooms are high in minerals such as potassium which helps to reduce the risk of stroke and is also a contributor to lowering high blood pressure, and copper which contributes to cardio health. Mushrooms are also a source of riboflavin, niacin, and the antioxidant selenium, and with health and wellness becoming the goal of more and more people, you can make a good business making mushroom burgers right in your own home. For this project, you will be making mushroom burgers by incorporating mushroom into pork meat. Market-Product Focus Marketing and Product Objectives:
• Mushroom Burger is a pioneer in the Philippines that serves burger with a twist. They want to share their love of mushrooms the world, and not just one kind, either. They sell a unique taste of burger and many customers love it.
•Current Markets: It will be grown by expanding the brand, taste and flavor of the mushroom burger. In addition, each store will be grown by increasing customer awareness which leads them to an efficient better profit. Also, it will be one of the leading restaurants when it comes to service and taste of foods.
•New Markets: It will open new stores in Manila and other near provinces. The burgers, pastas, desserts, rice and viand menus, as well as other products will be sold in a much lower price with the same quality.
•Food Service: Food service sales will include burgers for the health conscious people and some other products like pastas and desserts. Sales are expected to reach at least double or triple of its annual sales.
•New products: They will add some more products that willand target not only the health conscious but also more on student meals. Better quality with affordable price products. This will be accomplished and be brought to public in a year or two. Target Markets
The primary target market of Mushroom Burger is the students and families especially in Metro Manila. Like other companies, mushroom burger wants to give chances to students and families to taste a better which they haven’t tasted before. Products will be sold in much lower price but the quality will not change. Points of Difference
The characteristics that make Mushroom Burger unique relative to competitors are:
• Unique taste and convenience: Burgers are very well known in our country. But the mushroom burger, instead of making a patty out of beef, they make it out of mushrooms. Also you will feel convenient in their stores, start6ing from the parking area to the store itself.
• Taste trends and health awareness: we know that burgers have a huge amount of calories and it is bad to our health. Instead of serving burgers and other products with a twist, they also take into considerations the health of their beloved customers. Product Strategy • Product Line: Mushroom Burger retailing for per serving is available in variety of toppings and flavor.
Mushroom Burgers goes with a simple but attractive/captivating package. Hamburger package shows a very unique and original package that other hamburger chains don’t have. •Unique Product Quality:
Flavors of Mushroom Burgers comes in a variety of delicious taste. The high quality of the buns really adds a great effect/contribution to the whole hamburger itself. The patties are fried in a perfect way that can catch a customer’s satisfaction. Cheese and veggies are well selected. Promotion Strategy Cent-off Coupons • Unique Recipe- Mushroom Burger offers a mouthwatering oozing with juicy flavor and a healthier version of Burgers. Everyone will get curious as they hear the “Mushroom Burger” store. The verdict is so delicious never expect a yummy aroma of mushroom would taste as good as the other meat beefy burger that everyone should try and have a one of a kind experience. Through Media • Mushroom Burger
is posted on the Manila
Bulletin newspaper • In pack coupons there is always a caption about how to be in touch to Mushroom Burgers. It extent its service trough networking sites like Facebook and twitter, where you can win coupons for free burgers in some games and activities. •Mushroom Hamburger Inc. is posting advertisement to yahoo.com. In this way, we can get a lot of customers especially computer users who don’t have enough time to go out and buy burgers. To generate trial and repeat purchase of Mushroom burger products. Latest Deal:
Only P249 for 4 PinoyMushroomburgers, Small Pancit Canton and 1.5L New Pepsi Pogi at Mushroomburger, Quezon City (valued at P500) Save P251!
Voucher is valid for 4 PinoyMushroomburger, Small Pancit Canton delight and 1.5L New Pepsi Pogi at Mushroomburger. Voucher is valid from August 20 to November 20, 2012.
Unlimited voucher purchase per person.
Voucher is not valid for delivery.
Voucher is transferable and may be given as gift.
Price is inclusive of service charge and VAT.
Voucher cannot be used in conjunction with senior citizen card, and any discount card or promotion.
Voucher is valid as a discount coupon.
Cancellation of reservations must be made at least a day prior to set appointment.
Failure to cancel reservations / redeem vouchers within validity period will render the voucher invalid.
Operating Hours: Monday to Sunday, from 7:30AM to 11:00PM
Voucher is valid on holidays or other special occasions.
Please provide your voucher numbers upon reservation and present your vouchers upon arrival at the establishment. HIGHLIGHTS ! Have a treat for the whole barkada with 4 PinoyMushroomburger, small Pancit Canton Delight and 1.5L of New Pepsi Pogi at Mushroomburger. Mushroomburger promises a healthier alternative with patties. This is truly a great Filipino merienda treat shared among friends or family. A single order of Mushroom Burger with Fries and Soft drinks cost Seventy-five pesos, compared to other brands that also consist with this kind of order it is much higher but the main ingredient of the burger is Mushroom, which is highly expensive than beef so it is much favorable to buy this kind of mushroom burger. PRICE STRATEGY Distribution Strategy MushroomBurger have various chains in big and small malls. They are mostly located inside the malls. Burgers can also be delivered by the food distributor to some households’ customers. Mushroomburger is continuing its expansion by picking up steam from its newest branch in Katipunan Avenue, across the Ateneo campus. It is near to campuses that make it accessible to students.