Group No 2
Group No 2
Group No 2
BUILDING
TERM PROJECT
Introduction to Indian restaurants:
Food is something one can't stay away
with; we also love to taste variety of
food around the world. Indian foods
are widely popular in an around US
and UK, Indian dishes are healthy and
spicy too. Looking into current needs
one can easily say this business has lots
of scope to grow.
BRAND AUDIT VIDEO
BRAND AUDIT.mp4
Green Star Restaurant
1) Brand History
Founder name: Kiran Deshmukh
Manager: Venkatesh
Established in: 2004
Address: Fursungi, Hadapsar, Pune
2) Important information
Turnover: 300000 pa
Staff: 22
Average Salary: 3000 pm
Continued……
Total cost: 30000-40000 pm
Profit: 10000 pm
4) Product Attributes:
Simple & Tasty
Fillers
Easy in digestion
Continued…….
4) Mix Elements:
a) Product: Eatables as shown in menu,
Simple & Tasty food
COMPE REDDY'S.mp4
Reddy’s Restaurant:
1) Brand History:
Founder: Bhaskar Reddy
Manager: Jeevan Sharma
Established in: 2008
Address: Fursungi, Hadapsar, Pune
2) Important Information:
Turnover: 200000 pa
Margin: 10%
Facing losses
Staff: 16
Average Salary: 4000 pm
Continued…….
3) Mix Elements:
a) Product: Eatables as shown in menu, Spicy
& Tasty food
NTE
• Home prices
Good Food at ALS
• Taste
good place • Hunger
delivery
E
• Variety
•
Advertiseme • DETRACTO
nt RS
• High
Competitio
B & T AUDIT
3) Mix Elements:
a) Product: Eatables as shown in menu, Spicy
& Tasty food, lack of variety, Quality but not
Quantity
•
Advertiseme • DETRACTO
nt RS
• High
Competitio
CONSUMER
AUDIT VIDEO
CONSUMER AUDIT.mp4
Tools Used:
5 min
Tell us about yourself, what is your daily routine like,
What are the activities of your daily routine like…….
Don’t like……..
Awareness of Discussion on various other restaurants in fursungi area 5 min
Different brands what brands of restaurant do you heard of?
of restaurants. Which are your favorite brands?
Briefly explore: how many times you usually eat at restaurant? 5 min
What are the worst things you experience about restaurants?
What are the good things you experience about restaurants?
Which brand do you usually prefer? Why…….
Explore: Why don’t you change your brand and give 15 min
Chance to other brand to provide you service?
Do you find any need which your brand not fulfills?
Who recommend you to eat food at this particular restaurant?
Are you satisfied with the prices of food?
Are you satisfied with the service of your particular brand?
What are the drivers responsible for your visit of restaurants?
Suggestions: do you think this branded restaurant should provide 10 min
Home Delivery?
If you are the owner of the restaurant which names you suggest
For easily remember?
Anything else you can suggest to restaurant……
Thanks the respondents for their valuable time and close the group.
Findings from FGDs:
Respondents like Chinese food of green star
restaurant and also some people like “Thali” of green
star restaurant.
No. of respondents: 30
Area covered: Near IBM and GIBM
college and fursungi area.
Respondents on the basis of income:
< 10000/-: 11
10001 to 15000/-: 12
> 15000/-: 07
Level of Satisfaction:(how consumer feel about
restaurant)
Most of the Some of Never
time the time
The 8 17 5
restaurant is
very clean
The portion 3 15 12
sizes are
about right
The staff are 13 12 5
helpful
The general 16 14 0
service is
good
Finding from Questionnaire:
Consumer Audit:
Purchase Drivers:(Attributes which drive visit
restaurant)
1. Taste
2. Price
3. Quality
4. Fast food (Chinese)
5. Fresh food
6. Purity
7. Near by
Consideration set:
Sarthi pure veg
Reddy’s Restaurant
Angoor bar & Restaurant
Rajdarbar & Restaurant
College canteen
B&T Restaurant
Preferred brands:
Sarthi pure veg
Reddy’s Restaurant
College canteen
Need Gap:
Fast food and Home delivery
Positioning
1)Segment of Consumers:
Professionals and Students
Middle Class People
On the whole, people with medium purchasing
power
2)Expected Attributes:
Taste
Variety
Hygiene
Ambience
Price
Quick Service
3) Differentiated Attributes:
Taste
Price
Ambience
4) BPS Format:
For “Middle Class people” Little Cheff
promises to provide “fast food” with “great taste
in less price”
5) Our new positioned restaurant would be a fast
food joint in classy infrastructure, self serviced
giving good ambience. We would give only fast
food but very tasty in medium prices as per our
TG.
MARKETING MIX ELEMENTS
1.Product-Fast food dishes
a)Snacks:
Chola bhatura-20/-
Vada pav-10/-
Dabeli-10/-
Missal-20/-
Moong vada-15/-
Samosa-10/-
Utthappa-25/-
Idlis-20/-
Omlette-20/-
b)Beverages:
Tea-10/-
Coffee-12/-
Cold coffee-20/-
Cold drinks-15/-
Fruit juices-15/-
c)Meals
Noodles-35/-per plate
Manchurian-40/-
Veg rolls-20/-
Masala Dosa-30/-
Burger-25/-
Pizza-45/-
Pav Bhaji-35/-
Egg chicken rolls-30/-
Chicken fried rice-55/-
Little Cheff special-75/-
Pricing strategy
Competition based pricing
Discounts-For every purchase of 300+,600ml
cold drink free
Promotion strategy
Banner
Hoardings
Local television advertisement
Place
Direct channel-Hadapsar region
Overlay Brands & Ideal Point
HIGH PRICE
R
S
LOW HIGH
TASTE TASTE
B&T
IP
LOW PRICE
Desired Equity Model
• SUPPO
• Quality
RTERS
• Taste
• Ambience
• Affordable
• Hygiene
• ABSE • PERIPHER
ALS
• Home
NTE • Hunger
• High Taste
delivery
E in low Price
• DETRACTO
RS
• Variety
• Waiter
Brand Management
Brand Naming:
After researching on about 150 names most
,we chose five most desirable names-
Little Cheff
Mamma’s choice
Spoon & Dish
Fast food valley
Foodie Goodie
Market Research on Names
Conclusions-
3 Choices
2 Choices
2 choices
7 Choices
3 Choices
10 Choices
Final Selection of Logo
Final Selection:
This is the best logo as:
Easier to learn
Drives brand recognition
Helps create perception
It is simple and clean
Catchy and distinctive
TYPE-Combo logo as it has both the name and
symbolic mark on it.
Selection of colors:
We chose red and black colors because they are
eye catching, loved by majority and show
sophistication, warmth, love, desire and elegance.
BRAND SLOGAN
Market Research on Slogans
Sample Size: 30
Respondents: Students of GIBM & Professionals
of IBM.
Conclusions:
17 out of 30 favored:
Conclusions-
a) They favored No one’s guest here.
b) It sounds sophisticated.
c) It means that customer becomes so
familiar and likes food that he comes again
like a family member and not a guest.
d) Gives emotional appeal.
Final Selection:
Reasons are: