 Main Line Munchie’s seeks to provide a quick, easily accessible, and affordable food service to the Main Line’s population of college-aged individuals.

Slides:



Advertisements
Similar presentations
Summary Objectives: Establish the new office and staff
Advertisements

Fashion Marketing Basics
Late Night Express Let’s Get Saucy By: Tom Chaloux, Christi De LaGuardia, Peiyu Lin, Steven Picone.
Market Analysis. A Six-Step Approach to Understanding the Nature of Competitive Markets b Define the Relevant Market b Analyze Primary Demand for the.
Morrin Carlin, Griffin Coakley, Brendan Dwyer, Hannah McCarty, Lawrence Sang MA SHACK.
Copyright © 2002 by Harcourt, Inc. All rights reserved. CHAPTER ONE: The Framework of Contemporary Business.
Introduction To Marketing
Theodore Wilm Suzanna Zak Carson Trobich Stephanie Veljacic.
Context of Manufacturing
Curt Clauss, Connor Fallon, Jacqueline Froccaro, Chelsea Strauser.
Scott Mooney, Alejandro Arroyo, Melissa Sanders, Julia Eklund & Elizabeth May.
Bryn Mawr Brew & Chew Presenters: Lori Jamolawicz, Tom O’Brien, Sonali Parikh, Ryan Rew 870 West Lancaster Ave. Bryn Mawr, PA
Building Competitive Advantage Through Business-Level Strategy
The Market Concept.
Building Competitive Advantage Through Business-Level Strategy
VSB 3008 FALL 2013 TOMAS ABREU ADAM NASH RYAN CURNAL VINCENT LIONE-NAPOLI.
Pasta Scelta Bertha Chen, Jeff Hennessy, John Heywood, & Even Ferrer.
Lancaster Last Call Kelsey McHugh, Justin Patri, Teddy Powers, Tiffany Savich, and Megan Weir.
Chapter 2 Supply Chain Strategy. Objectives After reading the chapter and reviewing the materials presented the students will be able to: Explain how.
The Four Conditions for Perfect Competition
Marketing in Today’s World
Ms. Smith Marketing.  Marketing is the process of planning, pricing, promoting, selling, and distributing ideas to create exchanges that satisfy customers.
Marketing in Today’s World
A one-of-a-kind karaoke bar located on the Main Line
10-3 Pricing Factors DO NOW: When purchasing an item how do you determine whether the asking price is a good value?
Marketing Market Planning Product/Service Development PricingPromotion Distribution Selling Information Management Finance Risk Management.
Marketing and the Marketing Concept 1.1
PIZZADVD Dinner and a Movie is a PIZZA and new release DVD take-out and delivery service. Our product and service offerings include the option to have.
NOVA BURGER PETER JOHN ALEXANDER PATRICK SULLIVAN LAUREN MANNION BRIAN AMABILE.
El Quesarito Loco Authentic Mexican Food Truck Strategy and Implementation At El Quesarito Loco, we aim to serve tasty and affordable Mexican cuisine in.
Entrepreneurship: Ideas in Action 5e © 2011 Cengage Learning. All rights reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.
What is Marketing?.  The process of developing, promoting, and distributing products and services, to satisfy customers needs and wants.
Marketing Is All Around Us. Quick Think How would you define Marketing? Activities that fall under its umbrella.
Marketing in Today’s World
The Four Conditions for Perfect Competition
Unit 1 The World of Marketing
Fundamentals of Marketing Chapter 1, Section 3. 10/9/2015Page 2 Critical Thinking… Take 2-3 minutes to reflect on one recent marketing trend you have.
© Wiley Chapter 2 Operations Strategy and Competitiveness Operations Management by R. Dan Reid & Nada R. Sanders 2 nd Edition © Wiley 2005 PowerPoint.
Operations Strategy and Implementation Ryan Amberger, Ashley Balchunas, Rose Devine, Jack Herrill.
Warm Up Define and Describe Fast Food Restaurant.
Questions Types of establishment & service. 1. State if these statements are true or false; Contract caterers provide food and drink.True Contract caterers.
College Cantina Mike, Mario, Lauren, JT. Mission and Competitors Penetrate the already existing, but limited, Mexican food market, while providing a fun.
Operations Management Group #4 Carlos Bonnin Joseph-Jordan Brown-Anoma Michael Cardi Nicholas Argiro Tapa De Line.
Isabella Canuso Matt Santoriello Ryan Stoll Eric Treffeisen Henry Walker.
Mainline Mexican By: Michael Dwyer, Remington Pope, Chris Falvo, Matt Colonnese.
KFC’s Multinational Differences
The Cats’ Den Anthony Berni, Jack Jackson, Lauren Ronan, and Jackie Giovanniello.
Market Analysis Business Organization and Management Chapter 6.
Chapter 23: Making Operational Decisions. Operations Management The process that uses the resources of an organisation to provide the right goods or services.
Campus Dining Cristiana German Dilpreet Rajania Joulie Thao Vanesa Barcenas Xylina Faller.
Marketing In Today’s World Freshman Seminar - Introduction to Business Dr. Hays Freshman Seminar - Introduction to Business Dr. Hays.
© Wiley Chapter 2 Operations Strategy and Competitiveness Operations Management by R. Dan Reid & Nada R. Sanders 2 nd Edition © Wiley 2005 PowerPoint.
The Food Truck. Mission Statement  To provide customers a unique experience to ordering food at a convenient area with the affordability to everyone.
Chapter 1.3 Fundamentals of Marketing. Market and Market Identification All products do not appeal to all customers. When making new products, marketers.
Chapter 1 MARKETING IS ALL AROUND US. The Scope of Marketing Marketing is activity, set of institutions, and processes for creating, communicating, delivering,
 A company has to understand what people want to buy and why they want to buy it.  It comes down to knowing your market ◦ Market—a group of customers.
CHAPTER 13 MARKETING in TODAY’S WORLD The Basics of Marketing Market A market is a group of customers who share common wants and needs, and who have.
Unit 1 The World of Marketing Chapter 1 Marketing Is All Around Us Chapter 2 The Marketing Plan.
Chapter 2 Case Analysis: Pizza Wars Come to Campus
The vital role of Sales at Kraft Foods UK. LEARNING OUTCOMES FOR THIS LESSON Know how the sales function is organised at Kraft. Understand the key role.
Industry Analysis You must identify:  Sales potential of your product  Your competition.
Catering Food Service Development
Christina Chiu, Veronica Garcia, Ruby Khan, Jade Su, Jessica Young
Marketing in Today’s World
Marketing.
Supply Chain Management: From Vision to Implementation
Full Offering The more your offering fills your customer’s needs, the less likely it is for your customer to go to a competitor.
Ms. Alexander-Harrison
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:

 Main Line Munchie’s seeks to provide a quick, easily accessible, and affordable food service to the Main Line’s population of college-aged individuals.

 Food Trucks are “Trending” › Rutgers, Drexel, Penn…why not Main Line? › 100 colleges have university-run food trucks  Lifestyle of College Students › Low-price, quick, affordable options › Late night crowd  Main Competitors › Campus Corner › Winger’s / Nova Grill › On-Campus Dining

 Core Competencies › Location and Accessibility › Speed › Low Cost  Core Processes › Service Logistics and Delivery › Market Research and Analysis

 College students and Main Line Residents ages  Mobile Solution along Lancaster Ave  4 Colleges/Universities › Bryn Mawr College › Haverford College › Rosemont College › Villanova University  Average Tuition: $53,000  Local Average Income: $144,500

 Most similar to a service process › Customization › Consistent quality › Customer driven  High customer involvement › Hoagie contest  Flexible but routine processes  Flexible workforce

 Focus on: › Convenience › Speed › Price  Customer satisfaction primary goal  Defined guidelines in place

Analyze Correct Analyze Correct Inputs Outputs

 Honor Foods – Philadelphia, PA › 275 brand name suppliers of frozen/dairy products; McCain, Hormel, Perdue, etc. › Ranked #1 amongst customers in area  Penn Jersey Paper Company – Philadelphia, PA › Paper products and commercial grade equipment › Diverse product line › Proximity to location

 Periodic Review System › Most efficient in terms of stock › Large quantity order discounts › Ex:

 Customer demand › Seasonal (open for 32 weeks a year) › Highest demand: Thursday-Saturday › Lowest demand: Sunday-Tuesday › 1683 customers to break even  Range: 50 customers (Mon)- 450 customers (Fri- Sat)  Average product profit: $2.57 › 2,188 products a week, 312 products a day › Each customer will buy 1.3 products

 We plan to manage any potential queues, or lines, that form by having some product ready to meet demand › Maintain fast service › Menu items can be customized to individual taste › We also plan to have efficient staff

 One out of every four nights out, students choose to buy late night food  36.71% are only willing to walk 0-5 minutes to get food  88.61% are only willing to walk 0-10 minutes to get food  49.37% of customers do not want to wait longer than 10 minutes for their food

 We bring fast, cheap food to you ! Menu ItemPriceCostProfit Level 1 Hoagie (1/2 lb)$5.50$2.34$3.16 Level 2 Hoagie (3/4 lb) $6.50$3.51$2.99 Level 3 Hoagie (1 lb) $7.50$4.68$2.82 Sides$3.50$1.17$2.33 Egg and Cheese$3.50$1.24$2.26 Bacon, Egg and Cheese$4.50$1.89$2.61 Drinks/Sodas$2.00$0.21$1.79