Baked Potato Restaurant Market Analysis

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1. INTRODUCTION The Baked Potato Restaurant will be a moderately priced 75 seat fast-food restaurant located in the beautiful city of London, offering family style menu and other different baked potato menus. The Baked Potato Restaurant new to the London area and have diversification opportunities by offering new food products in the new market. A major challenge facing baked potato is how to attract new customers, increase profits and make better use of its resources during the initial stage. As a new restaurant we face competition from the giants in the fast food industry. An evaluation of the restaurant’s strengths, weaknesses, opportunities and threats served as the foundation for this marketing plan. The plan focuses on the restaurants marketing strategy, suggesting ways in which it can build on new customer relationships, and development of new food products and targeted to specific customer groups. 2. MISION STATEMENT To ensure that each guest receives prompt, professional, friendly and courteous service. To maintain a clean, comfortable and well maintained premises for our guests and staff. To provide at a fair price - nutritional, well-prepared meals - using only quality ingredients. To ensure that all guests and staff are treated with the respect and dignity they deserve. To thank each guest for the opportunity to serve them. By maintaining these objectives we shall be assured of a fair profit that will allow us to contribute to the community we serve. Sourced by https://www.missionstatements.com 3. SWOT ANALYSIS Strengths • Location. • Freedom to create and innovate • Price according to the customers need. • Unique restau... ... middle of paper ... ...k • $3.99 Mashed N' Cheese Yummy mashed potatoes topped with melted cheddar cheese • $3.99 Chili N' Cheese Yummy mashed potatoes topped with an all meat chili & cheddar cheese • $3.99 Cheese Melt Sandwich Served with chips Contact us 533 Richmond Street, London, ON N6A 3E9 226-700-4488 www.thebakedpotato.ca Sourced by: www.urbanspoon.com 12 .MARKETING COMUNICATION PLAN 13 . BIBLIOGRAPHY • http://www.food.ca/start-food-business-from-scratch-canada.html • http://www.omafra.gov.on.ca • www.potatogoodness.com/nutrition/nutritional-facts • www.smartdraw.com/software/restaurant-floorplans.asp • Google Maps • www.foodservicewarehouse.com/education/restaurant-marketing • www12.statcan.gc.ca • www.slideshare.net • www.wilkipedia.com • www.subway.com • www.missionstatemen

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