Beruflich Dokumente
Kultur Dokumente
A Dissertation Work
on
MARKETING STRATEGIES OF PIZZA HUT
IN INDIA
(Submitted in Partial Fulfillment of the Requirement of Bachelor of
Business Administration program under Utkal University)
Faculty Guide
By:
Mr. Ajay Ku. Senapati
Submitted
Sanket
Mohapatra
Roll-66317UT09047
Lecture in
ASBM, Bhubaneswar
Name:-Sanket Mohapatra
Rollno 66317UT09047
Date: -
Sanket Mohapatra
6th Semester BBA
Bhubaneswar
Date-
TABLE OF CONTENTS
Serial No.
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2.
3.
4.
5.
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10.
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Subject
PageNo.
Executive summary-----------------------------------------------5
Introduction---------------------------------------------------------6
Location in India---------------------------------------------------7
Swot Analysis------------------------------------------------------8
Working methodology--------------------------------------------9
Marketing strategy & purpose----------------------------10-14
Pricing--------------------------------------------------------------15
Pizza hut promotional strategy---------------------------16-23
Dominios vs Pizza hut------------------------------------24-26
Summary-----------------------------------------------------------27
Recommendation------------------------------------------------28
EXECUTIVE SUMMARY
5
Pizza Hut is one of the flagship brands of Yum! Brands, Inc., which also has KFC, Taco
Bell, A&W and Long John Silvers under its umbrella. Pizza Hut is the worlds largest
pizza chain with over 12,500 restaurants across 91 countries.
In India, Pizza Hut has 137 restaurants across 36 cities, including Delhi, Mumbai,
Bangalore, Chennai, Kolkata, Hyderabad, Pune, and Chandigarh amongst others. Yum! is
in the process of opening Pizza Hut restaurants at many more locations to service a larger
customer base across the country.
Some marketing strategies are created for the purpose of capturing a certain segment of
the market, but the majority of small business strategies are more generic in nature. Even
so, it's important to understand what your strategy is trying to achieve
Promotion is a form of corporate communication that uses various methods to reach a
targeted audience with a certain message in order to achieve specific organizational
objectives. Nearly all organizations, whether for-profit or not-for-profit, in all types of
industries, must engage in some form of promotion.
Types of Promotion
Advertising
Sales Promotion
Events/ Experiences
Public Relations
Personal Selling
The strength of Pizza Huts success globally lies in a marketing strategy that builds
connections with customers everyday in different parts of the world. Many customer
service initiatives have been uniquely developed for India and have been greatly
instrumental in building an emotional bond with the customer.
Pizza Huts communication has also always struck a chord with the Indian customer. Its
very first television commercial in India featured a boy and girl, who meet at a Pizza
Hut restaurant in a traditional arranged marriage setting.
Pizza Hut is a complete family restaurant.People are highly satisfied with the services and
quality of the food served at Pizza Hut..Most of the People visiting Pizza Hut are between
19 to 25 years of age.People feel that prices of Pizza Hut are high.Pizza Hut: Serving
from 95 outlets in 24 cities of India. US$ 25 million investment
INTRODUCTION
PROFILE
Pizza Hut is one of the flagship brands of Yum! Brands, Inc., which also has KFC, Taco
Bell, A&W and Long John Silvers under its umbrella. Pizza Hut is the worlds largest
pizza chain with over 12,500 restaurants across 91 countries.
In India, Pizza Hut has 137 restaurants across 36 cities, including Delhi, Mumbai,
Bangalore, Chennai, Kolkata, Hyderabad, Pune, and Chandigarh amongst others. Yum! is
in the process of opening Pizza Hut restaurants at many more locations to service a larger
customer base across the country.
LOCATIONS IN INDIA
SWOT ANALYSIS
Strengths:
Weaknesses:
Parking Facilities
Advertisings are very less
Fewer Outlets
No Social Welfare
Opportunities:
Threats:
Competitors like US Pizza, Dominos, etc.
Instant Fast Food Packets.
Housewives are interested in making Pizzas & other Fast Food at home.
WORKING METHODOLOGY
The American Marketing Association defines marketing as "the process of planning and
executing the conception, pricing, promotion, and distribution of ideas, goods, and
services to create exchanges that satisfy individual and organizational objectives."
Marketers use an assortment of strategies to guide how, when, and where product
information is presented to consumers. Their goal is to persuade consumers to buy a
particular brand or product.
A marketing strategy is a plan or an approach for marketing your products and services.
Successful marketing strategies create a desire for a product. A marketer, therefore, needs
to understand consumer likes and dislikes. In addition, marketers must know what
information will convince consumers to buy their product, and whom consumers perceive
as a credible source of information. Some marketing strategies use fictional characters,
celebrities, or experts (such as doctors) to sell products, while other strategies use specific
statements or "health claims" that state the benefits of using a particular product or eating
a particular food.
SYNTHESIS OF CORPORATE AND MARKETING STRATEGIES:
Marketing strategies explain how the marketing function fits in with the overall strategy
for a business. Examples of marketing strategies could be:
Business Strategy Example Marketing Strategies
Grow sales
Increase profits
Build
customerImplement a public relations programme
awareness
Invest more in advertising
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11
Why do so many ads emphasize the date the sale ends? Because people respond to
deadlines! Marketing strategies designed around the idea of limited supplies, temporary
price reductions, or other mechanisms that create a sense of urgency can provide a quick
influx of customers and can potentially jumpstart a business suffering from a diminished
customer base.
FACTORS INFLUENCING MARKETING STRATEGY:
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one product is marketed, there are few markets in which all customers seek the same
benefits. While this approach was very popular in the early days of marketing (e.g.,
Ford Model-T), few companies now view this as a feasible strategy.
Marketing strategies may differ depending on the unique situation of the individual
business. However there are a number of ways of categorizing some generic strategies. A
brief description of the most common categorizing schemes is presented below:
Strategies based on market dominance - In this scheme, firms are classified based
on their market share or dominance of an industry. Typically there are three types
of market dominance strategies:
Leader
Challenger
Follower
Product differentiation
Market segmentation
Innovation strategies - This deals with the firm's rate of the new product
development and business model innovation. It asks whether the company is on
the cutting edge of technology and business innovation. There are three types:
o
Pioneers
Close followers
Late followers
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Growth strategies - In this scheme we ask the question, How should the firm
grow? There are a number of different ways of answering that question, but the
most common gives four answers:
o
Horizontal integration
Vertical integration
Diversification
Intensification
Increase the number of retail outlets selling our products by 250 within 12 months
It is important for a business to set marketing objectives because managers can then have
targets for their work. They can then measure more effectively the success or failure of
their marketing strategies to achieve these objectives.
15
315.00
350.00
390.00
425.00
480.00
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PROMOTIONAL STRATEGIES
Promotion is a form of corporate communication that uses various methods to reach a
targeted audience with a certain message in order to achieve specific organizational
objectives. Nearly all organizations, whether for-profit or not-for-profit, in all types of
industries, must engage in some form of promotion. Such efforts may range from
multinational firms spending large sums on securing high-profile celebrities to serve as
corporate spokespersons to the owner of a one-person enterprise passing out business
cards at a local businesspersons meeting. Like most marketing decisions, an effective
promotional strategy requires the marketer understand how promotion fits with other
pieces of the marketing puzzle (e.g., product, distribution, pricing, target markets).
Consequently, promotion decisions should be made with an appreciation for how it
affects other areas of the company. For instance, running a major advertising campaign
for a new product without first assuring there will be enough inventory to meet potential
demand generated by the advertising would certainly not go over well with the
companys production department (not to mention other key company executives). Thus,
marketers should not work in a vacuum when making promotion decisions. Rather, the
overall success of a promotional strategy requires input from others in impacted
functional areas.
Types of Promotion
Advertising
Sales Promotion
Events/ Experiences
Public Relations
Personal Selling
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later in Ahmedabad and Chowpatty, where it offers a Jain menu sans all
root-based ingredients.
Over the years Pizza Hut has also developed and successfully introduced a range
of products especially suited to the Indian palate. These products like Chicken
Tikka, Spicy Korma, Spicy Paneer and the Masala and Tandoori pizzas have been
a tremendous success. What has also given Pizza Hut a competitive edge is
that in addition to an extensive range of internationally renowned pizzas like
The Italian, the proprietary Pan Pizza and Stuffed Crust, in India the menu
offers the option of a complete meal. It includes appetizers, a Salad Bar - where
the customers can make their own fresh salads, a range of soups, pastas and
desserts
MARKET
Pizza Hut was among the first multinational brands to enter the food retail sector in
India. When the first Pizza Hut restaurant opened in Bangalore the quick service
industry was at a nascent stage and the pizza category was dominated by a sole
regional player who had a marginal presence. Pizza Hut went on to play a significant
role in pioneering and developing this category in India. Since then the market has
sustained considerable growth. A dramatic shift in lifestyle trends, substantial increase
in disposable income, a burgeoning middle class and the entry of a significant
number of international and national players has contributed to a boom in the
industry. The market has become greatly competitive and the customer has become more
discerning and adventurous. This however has not affected Pizza Huts comfortable reign
over the Indian pizza industry and the ever-increasing number of loyal customers who
have made it possible for Pizza Hut to aggressively extend its presence.
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The more recent campaign that was launched with the introduction of the
Tandoori pizzas featured a typical Indian wedding procession abandoning
the bridegroom when enticed by delicious aromas from a Pizza Hut
restaurant. While the famous Good times start with great pizzas slogan has
been prominent in the communication, the focus has remained on the best
and most distinct pizzas.
Pizza Hut laid more emphasis on its restaurant dining experience.
Pizza Hut localizes it menu to capture local Indian Market.
In 2000 Pizza Hut launched its innovative Pizza Pooch menu and Pizza Pooch
Birthday Party package exclusively for kids in the 6-10 age groups.
It positioned itself as family restaurant and also concentrated on wooing kids
Birthday reminder service- here people can save the birthday date of their friends,
relatives , and pizza hut will remind you the birthday date and birthday parties
discount and u can book online
Hot line number pizza hut hot line number also provide at online which is
39883988
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VIP CLUB a VIP (very into pizza) club made where people can register their email, mobile
number where pizza hut provide them latest pizza news, discounts and offers at
email ,mobile phones.
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BRAND VALUES
Pizza Hut is all about giving a unique and unforgettable dining experience by
offering the best and most distinct pizzas and impeccable service, in a relaxed and
friendly ambience. Pizza Hut is fun, friendly and familiar it gives a sense of
belonging, of comfort and an experience that allows friends and families to share
a good time over great pizzas wherever and whenever. The truth about Pizza
Hut pizzas is that they act like a catalyst, a bonfire that brings people together
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Pizza here made by the dough for the crust, is made out of whole meal flour and
not of plain flour (maida), as is largely believed and is kneaded several times a
day at each Pizza Hut restaurant. For the delicious toppings only freshly cut
vegetables and whole unprocessed meat is used.
Pizza Hut holds the record for the worlds largest pizza (six feet in diameter),
which was baked and served at the grand opening of a Fort Worth, Texas Pizza
Hut restaurant.
Pizza Hut uses more than 700 million pounds of whole wheat each year,
representing the annual yield from nearly 500,000 acres of wheat and it uses more
than the equivalent of 525 million pounds of tomatoes annually. If the slices of the
more than 700 million pounds of pepperoni used per year by Pizza Hut were to be
laid side by side, they would create a path that would stretch around the world
twice and go to the moon!
Recent Developments
As a part of its continuing efforts to provide its customers with maximum value in India,
Pizza Hut launched the Tandoori range of pizzas, which have a distinct Indian
flavor and offer an innovative and exciting combination of toppings. These pizzas are
served with a sliver of lemon to enhance the overall experience of relishing each
scrumptious mouthful. Pizza Huts leadership in innovation was further reinforced with
the introduction of the Chicken Stuffed Crust pizza last year, which has a ring of
succulent chicken baked right into the crust making it the most delightful experience. The
latest offering from the Pizza Hut stable was the delicious Chettinad pizza, a
mouthwatering combination of the worlds best pizzas with strong flavours of the
Chettinad region. An initiative from Pizza Hut that met with tremendous success was
the Kids Eat Free promotion, which was introduced last year to coincide with the
summer vacations. This was the first time in India that a quick restaurant chain
offered a free pizza to all children, 12 years and below
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Pizza Hut
75-350
marketing
along
with
Channel
under
which
the
conducted
Pizza
making
classes
27
In March 2000, Dominos slashed prices of Pizza by 40%. The price of a regular
Pizza with three toppings was cut from Rs.225 to Rs.130. In October 2000,
Dominos ran a scheme, where it gave away two pizzas for the price of one,
within five days of placing an order. During the same time, Pizza Hut launched a
one rupee pan deal scheme. Under the scheme, for every pan Pizza purchased,
another was given away for Re.1. In November 2000, Pizza Hut introduced a
scheme called barah nahin to tera (if not served in 12 minutes, it is yours free).
The scheme offered a speed lunch in 12 minutes for Rs.89. One second over 12
minutes guaranteed that the customer would get it free
Dominos
Pizzas
and
eating
was
the
hunger
platform.
The launch of Hungry Kya? campaign coincided with Dominos tie-up with
Mahanagar Telephones Nigam Ltd. (MTNL) for the Hunger Helpline. The
helpline enabled the customers to dial a toll-free number (1600-111-123) from
any place in India. The number automatically hunted out the nearest Dominos
outlet from the place where the call was made and connected the customer for
placing the order. The number also helped Dominos to add the customers name,
address and phone number to its database. This was followed by Pizza Huts first
campaign on television in July 2001, which said, Good times start with great
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pizzas. The ad was aired during all the important programs on Star Plus, Sony,
Sony Max, Star Movies, HBO, AXN, and MTV. Pizza Hut planned to spend
between Rs.70-75 million on the ad campaign in 2001. Said Pankaj Batra, The
first ad campaign on TV defines Pizza Hut as a brand, and what it offers to its
existing and potential customers. Once the awareness of this message is high, we
will focus on other facets of the brand and its offerings.
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SUMMARY
Pizza Hut is a complete family restaurant.
People are highly satisfied with the services and quality of the food served at
Pizza Hut..
Most of the People visiting Pizza Hut are between 19 to 25 years of age.
People feel that prices of Pizza Hut are high.
Pizza Hut: Serving from 95 outlets in 24 cities of India. US$ 25 million
investment
A major player in the Indian fast food and beverage sector, holding about 50 per
cent of the organized pizza market
Factors for success: Offering value food. Moving beyond metros. Aggressive
marketing and tie-ups with local and popular brands. Developing the local supply
chain. Customizing product offerings
For Pizza Hut, India is: one of the top 5 growth markets worldwide.
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RECOMMENDATIONS
Try to reduce the price with the same quality & quantity.
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