Assignment 5: Marketing Strategies
MKT 500
September 8, 2013
1. Write an executive summary of your marketing plan.
This business plan is for Reek’s Bistro, a new medium-sized restaurant located in the Triangle area of North Carolina. The Triangle is made up of three primary cities of the Research Triangle metropolitan region, Raleigh, Durham, and Chapel Hill. Reek’s Bistro will focus on Mediterranean cuisine in an American style restaurant environment. An emphasis will be on natural foods that taste good and are good for you. The restaurant will procure locally grown produce, while offering additional services and products, such as catering and Reek’s Bistro brand items sold in grocery stores.
Reek’s Bistro offers Triangle
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Quality of products sold at Reek’s Bistro will be a top priority and always expected to meet the “good and good for you” message that will be the cornerstone of the company.
2. Provide the company’s mission statement and company introduction.
The mission statement for Reek’s Bistro will be, “Eat good at Reek’s”. Behind that mission statement will be a quality staff that takes the appetites and hunger of customers seriously. Staff will genuinely appreciate customer satisfaction. Reek’s Bistro will begin as a single-unit, medium sized restaurant that will focus on providing food that not only tastes good but, is good for you.
Reek’s Bistro will join the business community in the Triangle area in hopes of expanding to several locations in Raleigh, Durham, and Chapel Hill. Mediterranean dishes will be served with the specialty being the lamb gyro. Greek salads, grape leaves, and hummus will complement the lamb and beef gyros and platters. Mediterranean dishes are made up of many fruits and vegetables, bread, wheat and other cereals and olive oils. Foods contain low saturated fat and high monounsaturated fat and dietary fibers that have been proven to be good for you (Zelman, 2013). Reek’s goal is to taste good and be good for you. Many students tend to gain weight throughout their college years, eating at Reek’s will help make that transition better for them by offering more than another menu that consists of fattening and unhealthy foods. A good place to eat
The business structure chosen by Bagels and Brew is a partnership agreement that will combine the education and experience of married couple Sally and Dave Brewskin. Sally Brewskin has 15 years experience working as a chef in the food services industry, and will bring her knowledge of food preparation to keep high standards in delivering consistent and quality products. Outlined in the partnership agreement, Sally will be in charge of food handling and food safety standards as well of sourcing of food stocks, she will use her connections to source the top quality coffee beans. Dave Brewskin has a degree in Business Management and has been working as a restaurant manager for the last ten years. Dave’s experience will drive the business’ customer
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To gain the readers’ trust, Zinczenko gives a background information about his childhood and how he grew up eating fast food. He stated that his “lunch and dinner” consisted of a “daily choice between McDonald’s, Taco Bell, Kentucky Fried Chicken or Pizza Hut” (Zinczenko). This narrative
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When Quiksilver announced the start of its women line Roxy in 1990, they defined the brand as a “fun, bold, athletic, daring and classy” brand for young women. Market segmentation is a crucial marketing strategy and Roxy utilizes the four bases that are commonly used for segmenting consumer markets including geographic, demographic, psychographic, and benefits sought segmentation. The geographic segmentation is ideally unlimited for the Roxy target market because the brand offers clothes for both warm and cold weather, however, it focuses mainly on the “beach lifestyle” and is generally more popular in beach towns. The demographic segmentation of the Roxy brand, is aimed to attract young women between the
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Marketing refers to promote a product and or service by means of media like TV, radio, newspaper, and cell phone (Holliman & Rowley, 2014).
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Healthcare is a service industry and broadly includes hospitals, health technologies and people i.e. skilled doctors and nurses. Healthcare organizations are complex, diverse in nature and need to improve quality while maintaining optimum cost. Patient is the customer hence healthcare service quality is nothing but perceived satisfaction by patient. Prevalent trends in healthcare industry i.e. emerging healthcare technology, increasing demand, changing disease pattern and government support are contributing to a need to be accustomed with advanced technologies and achieve efficient continuity of care. Though demand is growing, healthcare service sector is facing challenges being underserved and under-consumed. There is a scope to improve quality and efficiency using strategies like marketing mix in order to satisfy patient i.e. final customer of healthcare services.