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Impact of marketing activities on small business
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Introduction Sam & Spike’s Diner is a soon to open restaurant that imitates a 50’s style diner. The restaurant will serve breakfast, lunch and dinner along with different drinks both alcoholic and non-alcoholic. In order for the business to be successful, a promotional plan must be organized to ensure the longevity of the company. The document below describes such plan in the form of multiple different campaigns. Advertising, sales promotions, events, PR, direct marketing plan, interactive marketing plan, word-of-mouth campaign, and personal selling initiatives are all covered in the plan. It is necessary for Sam & Spike’s Diner to capture a large customer base before the grand opening and then continue to retain those customers over the long …show more content…
The goal of this advertisement is to attract attention before the official launch of the diner. During this 30 second commercial, the idea of the business being locally owned needs to be a main idea. We want to use our community relationships and status to get consumers to shop locally. Pushing the foundation that when you spend locally, the local income, wealth, jobs and economy will rise (Balle, n.d.). The other main point that will be address in the advertisement will be the grand opening event that will take place. These same points will be addressed in advertisements on local news stations and newspaper articles. Using three traditional methods of marketing will give the restaurant the best chance at reaching as many potential customers as possible before the …show more content…
Managers need to inform employees about important dates, new products, and new opportunities to build a positive work environment that involves every member of the staff. Employee satisfaction is a critical segment of a strong work environment. Developing well-trained employees increases morale, job satisfaction, effectiveness, and innovation. When interacting with customers, a well-train employee will act under company policy and enhance the company’s image. Spending the time and money to ensure the staff is trained properly will give us a competitive advantage over our rivals. The diner needs a direct and personal form of communication between customers and the company. Using social media and online review sites creates the personal connections that is needed to build brand loyalty and retain customers. Social media sites provide a low cot way of informing customers and directly addressing the comments and concerns of the customer. The main sites that the diner should use are: Yelp, Facebook, Twitter, and Instagram (Department of Industry,
Social media is a key tool that has changed both our everyday lives and the way we do business. In the modern world, almost everyone who has a smart phone – and most of those who have computers - also hold accounts on a social media company. Currently, In N Out Burger and Shake Shack, two of America’s most buzz-worthy restaurants, are exhibiting great success at using the social media world to promote their businesses. Both companies have established a presence on many of the most popular social media outlets, including Facebook, Twitter, and Instagram. Each of these burger-focused restaurants, however, has demonstrated a very different approach to their social media.
Chick-fil-A has much recompense over chipotle. For one it additionally has a fast food pick-up window; whereas, chipotle only has the walk in and order restaurant. With the upper hand of this Chick-fil-A has a higher quality food/fast food than many other fast food restaurants or chipotle. At the business-level chick-fil-A’s strategy may include advertising and marketing to help escalate their brand recall. Also, at the corporate-level chick-fil-A’s strategy may include established brand, sponsorship to numerous sports events, and successful advertising campaign- for example, ‘Eat morchickin’.
We will develop an app that will be installed upon entering our restaurant complete with menu and a call button for help while someone waits at a table. We will have kiosks for customers not wanting to wait in lines where one can order all products inside the store. We will have an online app to order and pick up at the store. We will need to entice customers away from two big competitors: Burger King and McDonald's. The competition has these incentives in place already and to win we will use the same successful methods to keep them coming back. We will update and email info to our customers and/or text to their phones which will be even better. We will make sure product pictures are sent out with cups that present a great way of having a hot chocolate at KFC. KFC will become part of Polish culture just like McDonald’s has become. KFC Poland will constantly excel and outperform its main competitor
People use emotions as sources of information. These emotions may signal what type of action is more appropriate or desired. The Neon Diner’s marketing strategy appealing to the family’s value of family. The intent of the marketing plan is to appeal to their target consumer the grandparents and their time spent with their grandchildren. The adult children sense of family value in who are able to relish in the emotion of sharing their children with their
Coffee, one of the world’s most known beverages. Seen being drinking at work places, colleges, or in the convenience of your own home. There are a variety of companies that provide us the people with coffee. It can be your local market, bakeries, or even fast food places. 3 places that stand out and our known very well for supplying Americans with coffee is Starbucks, Dunkin Donuts, and McDonald’s. From their strategic advertising, deals, and even straight down to the design of their cups, they meet the definition of marketing. We will be examining these 3 companies using the marketing mix which consist of product, price, place, promotion and also cover value based marketing and see how these companies meet these definitions and how they satisfy their customers as well.
The training and development of employees in William Hill is imperative for the performance or the company as they are in a competitive market. William Hill has to inform workers to be aware of surroundings in the area that they work. Training and Development Training Training is essential for both employees and employer if they want to be effective within the organisation and also for a company like William Hill to stay competitive within their market. The reason why training is important to employees is to enable them to achieve their maximum potential in their current position, it is needed also to develop them to create further opportunities within the organisation because employees are likely to be better educated and become multi-skilled. Training should be ongoing within William Hill in developing the employee’s skills within the business.
Training and development is essential to employee’s retention, loyalty and overall satisfaction. When employees feel there is opportunity within a company and diversity leading the way employees pride and productivity is enhanced.
Introduction This essay will provide insight into parts of the Marketing Plan for Galaxy Restaurant by offering information through market segmentation and target market analysis. I will identify the four criteria useful in market segmenting and apply them to the restraunt while explaining how target marketing is more clearly defined once a segmentation of the population has been conducted. Next I will include a competitive and industry analysis introducing the top four competitors as well as conducting a industry analysis to ensure the health of the restraunt industry locally currently and looking forward. Finally, I will provide a SWOT Analysis for the Galaxy Restraunt in order to understand the strengths, weaknesses, opportunities, and
Relying on our strong company legacy that is been in place since 1968, I believe that we can use that strategically to improve our overall marketing strategy and help achieve our overall goal of continued franchise expansion throughout the country. One of the most effective ways to capitalize on our company legacy and reputation is through product placement and advertising. I predict that our overall marketing strategy for developing products will be small at first. Any initial product placement will be on things like napkins, aprons and other apparel. You also investigate creating our own unique company logo. This will help to increase our brand recognition. Also, we can create our own website and have an interactive menu that allows our customers to order our products online and have them be ready for pickup at the restaurant location. After some initial trial and error, we can consider expanding our product line of items that have more prosper
Another point is the use of motivational techniques to train and develop employees, which is mentioned above.
In every business, there is a target market. In the hospitality industry, there are many different types of restaurants that cater to a certain market segments, i.e. target markets. A restaurant caters to the respective market segment through the marketing of several factors, and in this essay, three of which will be identified and analysed how it affects the market segment the restaurant will attract. In addition, a discussion and analysis as to why the design concept of a restaurant plays a significant role in attracting and maintaining the targeted market segment will be touched upon.
Well trainedemployees show both quantity and quality performance. there's less wastage of your time, cash and resources if workers are properly trained. Ways/Methods of
Lisa Aham’s strategy is mostly a target marketing approach because it emphasizes in particular to senior citizens in a city with “many citizens”. She offers specific breakfast specials for seniors 55 and older on certain days of the month to promote a creative strategy and obtain new customers. The special is done every 4th Monday of the month, offering $1.99 meals and free coffee refills. Her strategy to promote this special has brought more than 100 senior citizens on that day of the month but moreover has created a gathering environment every day of the week for this group of people.
An evaluation of the restaurant’s strengths, weaknesses, opportunities and threats served as the foundation for this marketing plan. The plan focuses on the restaurants marketing strategy, suggesting ways in which it can build on new customer relationships, and development of new food products and targeted to specific customer groups.
Aims of Training and Development Training can be teaching employees new skills that are relevant to their current job position or refreshing the skills that they already possess. To have a good training and development programme enables firms to develop individual employees and the organisation itself as training is one of the best forms of motivation. Employees are able to broaden their knowledge and become more valued within the firm. Having a well-trained workforce is greatly beneficial for a company as employees are likely to be more motivated and target driven. Also various jobs and tasks are likely to be carried out more efficiently if the workforce is highly skilled at what they do.