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Published byColleen Jackson Modified over 9 years ago
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HAMBURGERS Jonathan Villarruel Kings Boachie-Mensah Krishna Patel Matthew Wallace Ian Pirich Sahar Yehia
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Background Info The Griff's Burger Bar chain was founded in 1960 in Texas by the Griffiths family By 1965, there were 65 locations. Most of the stores were located in high traffic locations, such as near a highway off-ramp, or along Route 66.
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The company used a patented A-frame design for their building styles, produced by Valentine diners. "Griffy", their mascot, was used extensively in their signage and advertising. Griff’s of America now has their corporate headquarters in Dallas, Texas. Background Info Continued
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The annual expenditure on food for Hispanics/Latinos is 15.5%. This is higher than both African Americans(12.1%) and all other races(12.6%). 1 The largest source of expenditure on food is from families at 1,083,319 million dollars. 2 Pay: The median annual wage of construction laborers and helpers was $28,410 in May 2010. 3 Market Research Secondary Data
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SWOT Analysis External: Opportunities and Threats Opportunities: Larger customer base, expansion, advertising, promotions. Threats: Lack of convenience, quality of competitors, differentiation. Internal: Strengths and Weaknesses Strengths: Simplicity of the menu, fast service. Weaknesses: Atmosphere, employee training (motivation), menu design.
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What are the major factors in food choice? Market Research Primary Data
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Griff’s Hamburgers menu prices’ range from $2 to $8 (Including Combos) Market Research Primary Data
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Locations In DFW Area (Place) (Place)
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Product
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Promotion Mailing list to three specified area zip codes surrounding the target location once every 3 months. Text message promotion using Trumpia short code service for a period of a year to target potential customers living around the area and new visitors. Text messages Limited time offers: Purpose is to spark sales at the end of a quarter or experiment with new menu items.
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Promotion
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Perceptual Map Unique & Convenience Unique Generic Convenient Not Convenient Griff’s McDonald’s Whataburger Sonic Wendy’s Burger King Jack in the box Five Guys
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Why choose Griff’s over competitors? (Differentiation) Taste 100% Beef Milk Shakes Location High traffic location Service Friendly Staff Food sent to your table Positioning
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Target Consumers http://leads.infousa.comSource:
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Target Area
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Promotion Budget MediumPrice Direct Mail$2,114 ($528.40 quarterly) Website Redesign$4,020 FacebookFree TwitterFree Trumpia SMS$2,196 ($183 a month for 12 months) Total$8,330
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Advertising Timing Pattern
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Market Strategy Diversification Introduction of new items on the menu Adding more locations for convenience Implement a different atmosphere Market Development Extend existing products to new markets and segments; franchising. Market Penetration Increase quality and productivity.
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Success Metrics To provide awareness of the Griff’s brand. Increase sales by at least 20% Increased marketing and popularity of the product; expand to more locations to increase convenience for people seeking fast food.
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Possible Errors Did the survey at/outside restaurant. Observational data was only for that specific time period.
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