POWER-INTEREST MATRIX This tool can be used to analyze the key stakeholders of an organization. This tool helps to categorize the people who have power or influence over your work/company. Some of the stakeholders may have the power either to block or advance. Therefore this tool can be used in identifying the main 3 largest target markets of Pizza Hut Sri Lanka. Pizza hut targets quite a number of groups such as; kids, Teenagers, Young adults, young professionals, families with young kids, consumers with busy life styles, college students, low/middle/high income families etc. however as per the request of the Marketing Manager of Pizza Hut Sri Lanka, we adopted, 1. Families with young kids 2. Teenagers 3. Consumers with busy life styles …show more content…
Based on Pizza Hut, the hierarchy is being used to categorize their customers based on their purchasing power, spending power and dining frequency. Therefore Families with young kids could be found on top of the hierarchy, as Pizza Hut made its foremost entry to Sri Lanka with the perception of a “Family dine in restaurant”. (Hierarchy of the group standings as per Pizza Hut) Customer Group Retention Competitors Families with young kids • Launches family meal promotions quite frequently. • Employees taking care of the kids while parents dine. • Pizza Hut bestows free gifts for kids. It creates a huge impact amongst the young kids where as they could influence their parents on re-visiting the restaurant. • A special discount for frequent family diners. • Delivers products value for money. • Special promotion for children’s regarding the “ Worlds Children’s Day” • Special promotions for kids • One to one free promotions • Teenagers • Launches promotions vastly. • Offers special discounts & loyalty points for the most active individual on social …show more content…
Therefore Pizza Hut Sri Lanka takes its CSR efforts very seriously and has conducted many community level projects in regard. Therefore following are some of the CSR initiatives of Pizza Hut Sri Lanka. 1. World hunger relief (WHR) This is the main CSR activity currently undergoing by YUM! Brands. Which approximately feeds over millions of hungry children across the globe in a year. 2. Local farmers Pizza Hut keeping over 5200 local farmers at work and Obtains necessary vegetables, fruits, meat etc. from local farmers for production to put healthier food on their consumer’s plates. 3. Saving trees Pizza Hut Sri Lanka is planning on reducing their usage on paper boxers that could approximately save over 8 tons of paper annually. 4. Pre-school • Reconstruction of a local school in “Pathinigama” to accommodate the local farmers children. • Newly constructed fence at “Babarakanda junior school” to prevent kids from running in to main road. 5. Drinking Water Pizza Hut Sri Lanka initiated a drinking water project with the collaboration of the local National Water Supply & Drainage Board and the villagers to provide dinking water to the area
Eric Schlosser, the author of “Kid Kustomers”, puts a spotlight on the marketing on children. He starts off by talking about the effect on present day marketing. Companies like phone, oil, and automobile are targeting the children the most. He argues that kid-based companies weren’t that bad in the past, but now there are tons of companies who only focus on children. He has provided a lot of studies that support his explanation on marketing strategies.
The founding fathers of fast food giants, including Ray Kroc and Walt Disney, were among the first to develop and focus on marketing to children. In a response about advertising Schlosser shows just how knowledgeable they were, “Hoping that nostalgic childhood memories of a brand will lead to a lifetime of purchases, companies now plan ‘cradle-to-grave’ advertising strategies. They have come to believe what Ray Kroc and Walt Disney realized long ago -- a person's ‘brand loyalty’ may begin as early as the age of two”(43). Schlosser explains how Ray Kroc and Walt Disney purposefully targeted children to build loyal customers. Their intent was to attract children so that they would drive their parents to take them to fast food restaurants.
Competition exists in most industries, and it is considerably fierce in the restaurant business. This is especially true for the focus of this paper, Panera Bread, and the specific restaurant market it operates within, “Fast Casual”. According to the balance, Fast Casual offers the ease and convenience of fast food but with a more inviting sit-down atmosphere. As evidenced by Panera’s explosive growth since its inception, their execution has helped define the Fast-Casual concept.
Today McDonald’s has many more competitors such as; Carl’s Jr., Sonic, Chick-Fil-A and Burger King, which now provides kid’s meals with toys. Parents are infuriated by the fact that the free toy is making their children want the unhealthy food, yet they feel obligated to buy the meal to make their child happy. Though these children are still more interested in the popular the toy and will beg their parents to buy the meal from the fast food industry. Nevertheless many parents have stood up against the toys in their child’s meal. In Santa Clara, California there has been a banment of toys in children's meals.
Several new fast-food companies have emerged in recent years, appealing to younger customers with their creative menu offerings. Traditional fast-food companies like McDonald's and Burger King have lost market share to these chains, such as Chick-Fil-A, ShakeShack, and Five Guys. We can see the losses of other companies because when you go near any of these places that are competing the line tends to always be longer at Chick-Fil-A. The only thing is that there are so many more locations of say Mcdonald's or Burger
III. Interesting Detail A. Interesting Detail 1. Many of these fast food restaurants target young consumers in order to gain profit from the parents. These businesses use toys and playgrounds to attract children to their restaurants.
Similar to most restaurants that start out it had struggled financially. While most of the staff, made up of high school students, did not know of the difficulties, management did. On this day, management was in a festive mood since there had been significant improvements in the finances. This had also contributed to Ben’s desire to do something special for the
In a country that wastes billions of pounds of food each year, it's almost shocking that anyone in America goes hungry. Yet every day, there are millions of children and adults who do not get the meals they need to thrive. We work to get nourishing food – from farmers, manufacturers, and retailers – to people in need. At the same time, we also seek to help the people we serve build a path to a brighter, food-secure future.
TellTheBell Tellthebell.com is a survey website where customers can take part in the Customer Survey Sweepstakes. Here customers of Taco Bell give their valuable feedback; it is basically a Taco Bell’s customer satisfaction survey. In this survey they offer the opportunity to enter the sweepstakes and a chance to win $500 each month. Taco Bell gives such a great service for customers to share their feedback; through survey they determine how to make improvements in their services. What is Taco Bell?
“What Kids Know: McDonalds, Toyota, Disney.” ABC News, ABC News Network, 12 Apr. 2010, abcnews.go.com/Business/kids-mcdonalds-toyota-disney/story?id=10333145. Accessed 2 March 2018. Story, Mary, and Simone French. “Food Advertising and Marketing Directed at Children and Adolescents in the US.”
Domino’s has recognized that consumers are seeking healthier choices. As a new strategy they have introduced two everyday pizzas for just Rs: 590 which enable everyone to enjoy their pizzas. Compared to other fast food restaurants in Sri Lanka, Dominos offers more budget healthy packages for their
1) Evaluate how Nestlé 's approach to corporate responsibility was good for their business. Corporate businesses generally have to meet ethical, legal, commercial and public expectations. That is what is expected of the business world today. This is known as the Corporate Social Responsibility (CSR). However, businesses with short-term goal will rarely practice CSR since practicing it does not bring any benefit.
Topic Page No. 1. Introduction 3 2. Domino’s Market In India 4 3.
Executive Summary Taco Bell is a fast food restaurant chain in America based in California (Grant, 2006). This fast food restaurant specializes in serving burritos, nachos, quesadillas and tacos among other food items in their menu (Grant, 2006). It serves about 2 billion consumers every year in over 6,500 restaurants majority in the United States, where over 80% are operated and owned by independent franchisees in countries including Australia, United Arab Emirates, India, Mexico, Poland, Greece, Philippines, United Kingdom, and Chile among others (Grant, 2006). This fast food restaurant was founded by an individual known as Glen Bell (Walker, 2014). Tacos Bell had a franchise in Dubai shopping mall which was opened in November 2008 and closed
Pizza Hut currently holds maximum number of outlets and largest market share. The company administers over 13,000 pizza restaurants and delivery footprints in approximately 90 countries across the globe. Pizza Hut is the first ever company to introduce the American Pizzas worldwide to the mass-market through its casual dining concept. It was also a Pioneer in establishing its online ordering channel as well.