Beruflich Dokumente
Kultur Dokumente
Term Project
GROUP IV
Marketing Plan for a Food Stall
Submitted to
Prof. Deepa S
08.02.2010
2. Executive summary…………………………………………...…...4
3. Customer Base…………………………………………………..…5
6. Product Details……………………………………………………12
7. Action Plan………………………………………………………...13
9. Conclusion…………………………………………………………17
INTRODUCTION TO MARKETING PLAN
Our Marketing Plan is to cover a small Tea Stall outside our college
premises. The stall offers various products and it customer base is
mostly students and IT professionals. The stall is a major hang out
place as it not only offers snacks but also a common place for social
networking. People prefer to visit the stall during taking a break from
their regular day to day activities.
The food stall belongs to a man named Raju and is managed by his
family consisting his wife and younger brother.
Since it will take some time for Raju to gather financial resouces for
improvements, the best time to launch the proposal will be around the
months of June-July 2010, as this is the time when a new semester
begins in the neighbouring colleges.
CUSTOMER BASE
• Drivers of automobiles
The food stalls around the college area are all competition for Ramu’s
stall as most offer food of the same category.
Dabeli Stall
Bhutta Stall
Chat Stall
Maggi Stall
Tea-Wada Stall
Van-Pav Bhaji
Idli Wala
Fruit Stall
Our food stall is not an isolated unit in the world and performs within a
market full of competitors. To be able to evaluate its position on
market and to act accordingly we use the Porter's Five Forces Model.
This model helps us define and realize our business and its
surroundings and identify threats and opportunities to focus on. We
review this model periodically to obtain up-to-date data in this global
and turbulent environment.
Factor
• The market is dominated by a few large suppliers
• There are no substitutes for the particular input
• The supplier’s customers are fragmented, so their bargaining
power is low
• The switching costs from one supplier to another is high
• The buying industry has a higher profitability than the supplying
industry
• Forward integration provides economies of scale for the
supplier
• The buying industry hinders the supplying industry in their
development
• The buying industry has low barriers to entry
2) Power of Customers
Factor
Factor
• Economies of scale (minimum size requirements for profitable
operations)
• High initial investments and fixed costs
• Brand loyalty of customers
• Protected intellectual property like patents, licenses etc
• Scarcity of important resources, eg. Qualified expert staff
• Distribution channels are controlled by existing players
• Existing players have close customer relations, eg. From long
term service contracts
• High switching costs for customers
• Legislation and government action
4) Threat of Substitutes
Factor
Factor
• There are many players of about the same size
• Players have similar strategies
• There is not much differentiation between players and their
products
• Low market growth rates
• Barriers for exit are high (eg. Expensive and highly specialized
equipment)
PRODUCT DETAILS
The following are the products and prices available at the food stall:
Chai (Tea)...…………………………………….……………………..Rs. 5
Samosa…...…………………………………………………………...Rs. 6
Bhajia..………...………………………………….……………Rs. 10/plate
Bhajiya Pav…...………………………………….……………………Rs. 7
Wada……………………...……………………….…………………..Rs. 6
Wada Pav………………….………………..………………...………Rs. 7
Anda Burji (Scrambeled Eggs)......…….……….…………………Rs. 10
Cigarettes (ITC)…………………………………………………....variable
Parle G…………………………...………………….………..Rs. 5/packet
Mentos……………...……………………………….…………………..50p
Centre Fresh……………………..………………….…………..…….Rs. 1
Local Toffee…………….……………………………...…………..variable
Saunf………………………………………………….…………...…….50p
Gutkha…………………………...…………………….…………...variable
Main Road
The Wall
Main Cooking area and shelf for displaying products with storage space below
Plastic Stools
Canopy to prov
Dustbins to prevent littering around the stall
Raising Finances
Resource Allocation
STRENGHTS
WEAKNESS
• No proper infrastructure
• Lack of manpower
• Hygiene concerns of the customer
• No proper record of transactions
• Illegal encroachment susceptible to police raids
OPPORTUNITIES
THREATS
• Stiff competition
• Police raids against encroachment of area
• Low entry barrier
• Low customer loyalty