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Lakeside Grill Report Prepared by Alexa Gaudin Destiny Johnson

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1 Lakeside Grill Report Prepared by Alexa Gaudin Destiny Johnson
Brooke Redding Zach Zambrano Juan Nolasco

2 Sample Characteristics

3 Sample Size Total sample size = 253 respondents
204, 80.6% have eaten at Lakeside Grill 49, 19.4% have not eaten at Lakeside Grill

4 Age and Gender of Sample
Females  52.3% Males  47.7%

5 Household Income of Sample

6 Distance of Sample from Lakeside Grill
Live Work

7 New Variables

8 Total Meals Eaten at Lakeside Grill
Mean = Mode = 10 Median = 8.5 Standard Deviation = 4.87

9 Type of User Type of User Number of Meals Eaten Sample Size Percent of Sample Light users to 6 meals % Moderate users to 10 meals % Heavy users or more meals %

10 Type of Diner Type of User Values for Group Sample Size Percent of Sample Evening diner to % Both meals -1 to % Lunch diner +2 to % To determine the type of diner each person was a value was calculated for Number of Noon Meals – Number of Evening Meals

11 Research Objective One
What is the current level of customer satisfaction and patronage with the various aspects of Lakeside Grill.

12 Number of Noon (lunch) Meals
Mean = Mode = 2 Median = 7.5 Standard Deviation = 4.41

13 Number of Evening (Dinner) Meals
Mean = Mode = 5 Median = 8.5 Standard Deviation = 3.41

14 One Thing You Like Best

15 One Thing You Dislike the Most

16 Lakeside Satisfaction Ratings (Part I)

17 Lakeside Satisfaction Ratings (Part II)

18 Satisfaction Ratings by Type of Diner
Location more important for noon diners (4.26) than evening diners (3.61)

19 Satisfaction Ratings by Gender

20 Satisfaction Ratings by Age

21 Conclusions Food is Number 1 reason customers like Lakeside
Wait time is primary dislike of Lakeside 19.3% eat at least once a week Highest ratings were for food Lowest ratings for parking, speed of service, appearance Females tended to rate Lakeside lower than males Younger consumers tended to rate food lower Appearance lower for younger and older consumers

22 Research Objective Two
Why Have Individuals Not Patronized the Lakeside Grill?

23 Why Have Not Eaten at Lakeside Grill

24 Conclusions Awareness Number 1 reason for not eating at Lakeside

25 Research Objective Three
How Has the Addition of a New Competitor Down the Street Impacted the Lakeside Grill’s Customer Base?

26 Most Preferred Ranking of Restaurants

27 Rating of Food at Fisherman’s Paradise
Note: 90.9% of sample had eaten at Fisherman’s Paradise.

28 How Has Fisherman’s Paradise Affected Patronage at Lakeside Grill?

29 Impact of Fisherman’s Paradise by Type of User

30 Impact of Fisherman’s Paradise by Type of Diner

31 Impact of Fisherman’s Paradise by Age

32 Conclusions Ranking Questions
Lakeside “Most preferred” by 30.6% of the sample Lakeside ranked 2nd (Happy Times Bar first) Lakeside rank 1st or 2nd by 56% of the sample 37% rated food better at Fisherman’s Paradise than Lakeside Eating less or quit eating at Lakeside Grill 26.1% of total sample 23.6% of heavy users and 22.1% of moderate users 23.5% of noon diners and 21.4% of evening diners 33.3% of individuals and 27.6% of individuals 18-29

33 Research Objective Four (A)
Would changing Lakeside Grill’s menu or amenities increase sales?

34 Importance of New Items to Patronage

35 Importance of New Items by Type of User

36 Importance of New Items by Gender

37 Importance of New Items by Income

38 Importance of New Items by Distance Live

39 Conclusions Modifying menu can impact patronage Free bread at meals
Healthier meals Important to females Lunch menu Positively related to usage Inversely related to income Half-portions important to females More important to those that live closest to Lakeside Grill

40 Research Objective Four (B)
Would changing the advertising, and/or promotional practices increase sales?

41 Importance of Marketing Tactics

42 Importance of Price-off Promotions by Age

43 Conclusions Price-off promotions most important
Tends to decline with age Advertising on TV somewhat important

44 Research Insights

45 Monthly Sales for Lakeside Grill
Sales Growth Stagnates Fisherman’s Paradise Opened (April 2012) 2010 2011 2012

46 Insights (Part I) Strong customer core Impact of Fisherman’s Paradise
People eat at Lakeside because of food Large, loyal group eats about once/week (30%) Ranked 1st or 2nd by 56% of sample Impact of Fisherman’s Paradise New restaurant phenomenon Lost approximately 20% of customers Lost primarily moderate/heavy diners Lost high percentage 50-59, age groups Not gaining new customers

47 Insights (Part II) Reasons for customer loss
Slow speed of service (not staff) Appearance of building (exterior and interior) Lower level of satisfaction by females

48 Why long wait time? Examined hourly labor costs
Wait time due primarily to hourly staff Sales/cost data examined Compare to gross sales Compare hour labor cost percent to gross sales Compare hour labor cost percent to industry average

49 Hourly Labor Costs / Gross Sales
Sales growth levels off Fisherman’s Paradise opens (April 2012) Hourly labor costs remain relatively flat 2010 2012

50 Hourly Labor Costs Percent / Sales
Wait time starts to increase Now an alternative Long wait time Sales increased, but labor as % of sales declined!

51 Hourly Labor Costs Percent / Industry Average
Labor as % of Sales below industry!

52 Insights (Part III) Direct labor costs Customers lost due to
Did not increase proportionately with sales increase Impacted service level at peak capacity times Resulted in longer wait times Customers lost due to Longer wait time Exterior/interior appearance Fisherman’s Paradise offered viable alternative Regaining lost customers will be challenging

53 Recommendations

54 Recommendations Increase hourly labor personnel
Goal is to increase speed of service Paint/remodel building exterior New furniture/remodel interior Television advertising Awareness advertising to gain new customers Promotion of price-off specials to attract former customers New items to add Free bread with meals Healthier food choices Lunch menu available for both meals


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