Panera Bread Essay

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Panera Bread is a “fast-casual” restaurant that provides a variety of sandwiches, soups, smoothies, and baked goods. They are in between the typical fast food restaurants and the sit down dinning. They offer high quality, healthier products at a fast pace. They are focused on the broad differentiation strategy. They differentiate themselves from their competition in many ways. You can chose to take it to go or sit down and dine in an alluring atmosphere. Some Panera Breads have fireplaces, cozy seating, higher quality furniture and gathering rooms to make you come in and relax or come in and do some work. With an advantage to their competition, Panera has the relaxed atmosphere, quick service, healthier options, at a reasonable price that puts them above others. Some strengths that Panera Bread has over it’s competition is that is provides the high and good quality ingredients to its customers. It also gives these customers a difference dining experience compared to McDonalds and Five Guys just to name two competitors. They have catering, fresh baked goods and quickly prepared foods. They also have a great brand name over the years. They have been able to continue on growing financially over the years. Studies also show that majority of customers are very satisfied with Panera Bread. Some weaknesses that …show more content…

One thing that they could continue to open more Panera Bread’s throughout the United States and spread into more locations in Canada to broaden its market penetration. They could also add new menu items, even if they cost a little more. Try to do more seasonal foods, desserts, and drinks throughout the year as well. Keep Panera Bread as the healthy alternative to fast food and dine in restaurants. Within the past couple of years, consumers are looking into healthier “fast” food, with this push comes more new competition that will arise

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