By: Laura Callaway, Angelica Grajeda, Daniel Jones, Jalisa Lee, Maverick Mathis, and T.J. Richardson
Current Situation In today’s world people do not have a lot of money to spend on entertainment. Therefore, they want to be a able to go out and fun for a reasonable price.
Our Competition Buffalo Wild Wings Hooter’s Old Chicago BJ’s Restaurant Brew House
Strengths Vs. Weaknesses Family Friendly Inexpensive Prices Wide Variety of Food A lot of existing competition People Already have their favorite hang out Inexperienced
External Environment Economy is not doing so well, therefore, people do not have a lot of money to spend on entertain.
Market Penetration Our market opportunity is a Market Penetration because we are selling an existing product in a market.
Segmented Market
Market Mix: Product Sports Bar: A Family Friendly place where you can hang out and drink or you can bring you kids and family. A place to watch the game and hang out with friends.
Market Mix: Price Penetration First start out with penetration pricing. Discounting Then move to discount pricing.
Market Mix: Place Sports Addict will be located in the North Western Oklahoma City, South Edmond Area.
Market Mix: Promotion Around Colleges Magazine Ads Newspaper Ads Radio Ads Flat Rate Game Day Discounts on Certain Days