Olive Garden Marketing Plan

Slides:



Advertisements
Similar presentations
MARKETING THE INDUSTRY SEGMENTS
Advertisements

Four Segments of Hospitality and Tourism
Chapter 2: Kinds & Characteristics of Restaurants & Their Owners
On Target Group Coaching
Restaurant Service Overview
Marketing Principles of Marketing SoupedUP! Group #1 Nader Al Essa Haitham Al Humsi Jill Richardson Kim Rubenstein Luqman Sadiq Alan Yeung.
CurryOut Sheeba Bhadrashetti Hussein ElKhatib Bassel Abi Faraj.
By: Leigh Blackmon, Justin Napier, Sara Ratliff, and Brian Roundtree
Final report Directed by: Doctor TRAPPEY CHARLES V 林婉瑜 張明懿 郭芬芳 洪義超 沈育德.
By Gina Behrend & Tammy Koopmans. Fast & Fresh ItalyImagine the Pasta-bilities!! Industry Analysis Sales increase of 4.9% Daily Sales of $1.3 Billion.
CHAPTER 7 MARKETING.
Tourism Economics TRM 490 Dr. Zongqing Zhou Chapter 4: Restaurant Economics.
Types of Foodservice.
Proposed Business Plan. A Summary of the Business Plan  Chevere Team-C Cuisine operates in the fine dining industry, serving exotic foods from Latin.
© 2007 Pearson Education, Upper Saddle River, NJ All Rights Reserved. Walker: Introduction to Hospitality Management, 2 nd edition Chapter 9 Managed.
HAMBURGERS Jonathan Villarruel Kings Boachie-Mensah Krishna Patel Matthew Wallace Ian Pirich Sahar Yehia.
 What is one of your favorite restaurants?  Why is it your favorite restaurant?  How long does it take to get your food when you order?  Do you pay.
First Class Catering Address : 158 Ekhnaton St. 5th Settlement, New Cairo, Egypt Phone Numbers: /
A one-of-a-kind karaoke bar located on the Main Line
Food Away From Home AG BM 102. Introduction ½ of food expenditures 1/3 of food Growing business.
Marketing and the Menu Pro Start Year Two Chapter Six.
CM226 Catering and Event Management Chapter 5, pages 116 – 133
Superior Water Amy Vo Laura Su.
Applebee’s Intl Nameless Student Presented originally 4/26/05.
©2004 Pearson Education, Inc. Upper Saddle River, New Jersey Introduction to Hospitality Management, First Edition John Walker CHAPTERCHAPTER CHAPTERCHAPTER.
Green Acres Mrs. Hanser March 30, Business Slogan.
The Restaurant Business
Introduction to Marketing Chapter One (1) Inas A.Hamid 1.
Chapter 1.2 & 1.3 Review. Economic Utility Assembling parts to build an engine is adding value through (Not directly related to marketing) Form utility.
CUSTOMER DRIVEN MARKETING STRATEGY: CREATING VALUE FOR TARGET CUSTOMERS.
Employ product-mix strategies to meet customer expectations.
Management Business Plan
Prime Restaurants Royalty Income Fund Annual General Meeting June 8, 2004.
The Food Truck. Mission Statement  To provide customers a unique experience to ordering food at a convenient area with the affordability to everyone.
Starbucks Coffee Creamer Marketing Plan
CHAPTER SEVEN: THE MENU Factors to Consider Common Menu Types Methods for Pricing Determining a Menu’s Design and Layout.
Industry Analysis You must identify:  Sales potential of your product  Your competition.
Catering Food Service Development
Marketing and the Menu Chapter 7. Chapter 7  What is a market? Customers  What is marketing? A way of communicating a message to a market  Is there.
CiCi’s Pizza Presented By: T.JAMM Consulting Group, Inc. Jeff Younger Mary Carroll Maggie Geary Andy Yauss Troy Osmun.
CHAPTER 2 THE MARKETING PLAN. LEARNING TARGETS I can conduct a SWOT analysis I can name the three key areas of an internal company analysis I can Identify.
Strategic Planning and the Marketing Process
Catalogs Social Media Television Word of Mouth Advertising Mailers
4 Opportunity Analysis, Market Segmentation, and Market Targeting
What is a food and beverage business?
Tempo al Tempo Team Reds (6/3/12) Kathren Aryanata Jennifer Barncord
Training Objective The Noncommercial segment of the Foodservice industry is defined as Beyond Restaurants (BR): foodservice in businesses and establishments.
Customer Centric Organizations
Instructions Be sure to read the notes page of each slide!
Broad Appeal Maximizes Sales
4 The World of Food and Beverages. 4 The World of Food and Beverages.
The Marketing Basics Chapter 8.
Family Matters Campaign
YOUR COFFEE SHOP INVESTOR OPPORTUNITY.
CHAPTER SEVEN: THE MENU
Business Plan Structure
SEGMENTATION, TARGETING AND POSITIONING
YOUR COFFEE SHOP INVESTOR OPPORTUNITY.
Frozen Potato Products Brakes
Types of Foodservice.
Project Based Learning: Restaurant Design
Entrepreneurship Unit 2.2
Entrepreneurship Unit 2.2
More Choices Attract More Guests
Full Offering The more your offering fills your customer’s needs, the less likely it is for your customer to go to a competitor.
Culinary Delight.
JOBS AND WORKPLACES.
Types of Foodservice Establishments
SEGMENTATION, TARGETING AND POSITIONING
SWOT ANALYSIS. ANALYSIS OF STRENGTHS the strengths of your restaurant lie in what you do best, whether it’s serving tasty food, offering.
Presentation transcript:

Olive Garden Marketing Plan Keith Wagner Chris Hetkowski Brandon Kowalczyk Kristin Pauline

About Olive Garden Founded in 1982 by Bill Darden 662 restaurant locations, annual sales $3.1 billion. Parent Company: Darden Restaurants Olive Garden’s Culinary Institute of Tuscany trains over 100 culinary manager a year

Olive Garden’s Wine Program Offer a large selection of wines Members of their staff train at the Napa Valley Wine Institute Olive Garden is the largest purveyor of Italian wine in the United States

Tuscan-Farmhouse Restaurant Design Modeled after the Riserva di Fizzano restaurant in Tuscany, Italy Distinct architectural characteristics Furnishings imported from Italy

Investing in the community Pasta for Pennies Program Pasta Tales Labor Day Hospitaliano! Visits Meals for the poor

Olive Garden’s Achievements 50 consecutive quarters of sales growth Average weekly guest count per restaurant - 26% increase over the last 13 years “Olive Garden’s success over the past 50 quarters reflects its ability to achieve a goal and then immediately set the bar even higher.” – Drew Madson (COO of Darden Restaurants)

Olive Garden’s Mission “Our purpose is Hospitaliano!, our passion for 100% guest delight.”

Olive Garden’s Goals Continue offering a high quality, genuine Italian dining experience Open 40 new restaurants in each of the next two fiscal years. Match up to 5 million dollars of donations raised in the Pasta For Pennies Program which benefits the Leukemia and Lymphoma Society

Core Competencies Excellent, authentic Italian food Wine Program Corporate Culture of Hospitaliano! Tuscan-Farmhouse Design

S.W.O.T. Analysis Strengths: Weaknesses: Genuine Italian dining experience Largest full-service Italian restaurant chain Name recognition Low prices Darden Restaurants is #1 casual dining operator Weaknesses: Limited to Italian food May be too expensive for some budgets People may tire of the same old entrées

S.W.O.T. Analysis Opportunities: Threats: Few full-service restaurant chains No other Italian restaurant chains Next to Residence Inn Right off I-81 Closest restaurant for Eagle Rock Resort Plans for Humboldt Station shopping center Large population growth projected for Hazleton Threats: Distance from Hazleton and shopping centers Economic conditions Changing demographics of Hazleton Humboldt Station shopping center may never materialize

Competitive Landscape Full-service Italian restaurants Other Italian delis and pizzerias Other large restaurant chains

Target Markets

Regular Customers Visit several times a month Live in or close to the area Come back to visit again

Travelers Customers who may only ever visit once Can just be passing by the area Here on leisure or business.

Workers Work close by the location Dine during lunch breaks May also be part of the take out process

Take Out Can be regular customers Workers on a lunch break Travelers looking for convenient service

Customer Profile Geographic Factors Demographic Factors Behavioral Factors

Market Needs Selection Accessibility Customer Service Competitive Pricing

Market Trends Food Quality Presentation/ Appearance Health Consciousness Selection

Market Forecast

Marketing Mix

Product Olive Garden offers a variety of fine foods and wines. They offer Italian specialty and pasta dishes which have unique flavors. Many of their products are based on some essential ingredients, Olive Oil, Pasta, Cheese, bread and Wine. The menu is broken into several different categories.

Menu Appetizers Inspired Entrees Chicken Steak Pasta Seafood A variety of sauces are offered Soup, Salad, & Breadsticks are also offered and are endless Desserts Wide Variety of Cakes Coffees and specialty drinks Wines Red White Sparkling

Services Wine sampling is available upon request. Samples will be brought to your table to ensure you choose the right one. At Olive Garden, they take pleasure in ensuring that you are absolutely delighted with your dining experience and your wine choice.

Services At Olive Garden your whole dining experience is important. We want to ensure that you are made to feel like you are at home. To ensure that, we provide our customers with our Hospitaliano service. To-go Service

Food Service Orders can also be placed while dining in our restaurant. Orders will be placed at the table and the food will be delivered. Service will be customized to the needs of our guests. Servers will be there to take care of your every need.

Distribution The Olive Garden’s fine Italian food will be distributed through a To-Go system, where customers can call in their order and come to the restaurant to pick it up. The Olive Garden’s To-Go orders can be placed over the phone, so that way businesses can order out and still have the fine quality of food that the Olive Garden has to offer. For traditional family dining family’s can come into the restaurant and enjoy a true Italian dining experience

Distribution (Cont) The Olive Garden gives you a variety of true Italian meals. They also offer a wide variety of desserts such as Classic Italian ice creams Pastries Cakes

Promotion Full Page Color Fliers in the Standard Speaker Lunch deliveries to the Humboldt Industrial Park for orders of $75 Promotions to catch the after-work crowd Billboard advertisements along I-81 10% off coupons for the Residence Inn

Pricing Average entrée price: Olive Garden $10.00-$15.00 Booty’s Restaurant $10.00-$15.00 Scatton’s Restaurant- $15.00-$20.00 Ovalon $17.00-$25.00

Competition Nominal Competition: Primary Competition: The Ovalon Scatton’s Restaurant Primary Competition: Booty’s Restaurant

Booty’s Restaurant Advantages of Booty’s Good homemade Italian food Locally owned and operated Near the downtown Hazleton Area

Olive Garden Advantages over Booty’s Superior Italian food and dining Name recognition Consistent food offerings Better pricing

Budget Year 1: R 3.5, E 3.2, I .3 Year 2: R 4.2, E 3.2, I 1.0

Future Goals Continue to increase profit over the coming years Lower costs Double net income in five years

Questions?