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Market And Target Market Overview

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Chapter 5
Market Analysis
Market and Target Market Overview
Market: Fast food Industry According to a recent Nielsen Survey, there was a 13% decline on expenditures of Filipinos on grocery from 2012-2014. This result was because of the increase in the frequency of households dining out. 25% of each consumer dine out every week. QSR (Quick Serve Restaurants) attract customers to get prepared meals rather than a hassle food preparation at home that takes more effort and consume most of their time which they prefer to allot for work rather than preparing food.
Source: http://www.nielsen.com/ph/en/insights/news/2014/filipinos-flock-to-fastfood-convenience-stores-to-get-meals.html
Target Market Overview Since the proposed …show more content…

We are the Third year Entrepreneurship from the College of Commerce and Business Administration and we’d like to hear what you think about our awesome products.
1. Gender: o Male o Female
2. Age* ___________
3. Are you a student? o Yes o No
4. Of what University?
___________________________
5. Residence Type: o Home o Condominium o Apartment o Dormitory

6. Do you live far from your family? o Yes o No
7. How much is your daily allowance? o 100-150 o 151-200 o 201-250 o 251-300 o 301-350 o 351-400 o 401-higher
8. How much is your estimated allotment for food given the amount of your allowance? o Higher than 50% o 50% o 30% o 20%
9. Do you often hang out with friends when you eat outside? o Yes o No
10. Do you eat pizza? o Yes o No, why? ____________________

11. How often do you buy pizza n a monthly basis?
___________________________
12. What brand of pizza usually comes to your mind?

13. What Pizza flavor do you like the most?

14. What qualities of pizza do you look for?

15. Are you familiar with a pizza cake?

16. Are you willing to try our pizza cake? o Yes o No, if no why? _______________________
17. Which crust do you prefer? o Thin o Thick
18. How much are you willing to pay for it? ________________________
19. Are you familiar with the concept of Create-your-own Pizza? o Yes o No
20. Are you willing to try it? o Yes o No, why?

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