Professional Documents
Culture Documents
Executive Summary
The Challenge
Revive and Preserve the elegance and sensation of age old baking, coffee
making and cake decorating with cookery techniques to achieve the height of
quality and excellence in the cake coffee and pastry industry. Our products
range from high end artistry to modern and local customs.
Situation Analysis
Company Analysis
Focus
Culture
Strengths
Weaknesses
Market share
Customer Analysis
Number
Type
Value drivers
Decision process
Concentration of customer base for particular products
Competitor Analysis
Competition in the local area is somewhat light and does not provide nearly the
level of product quality and customer service as Sajjad Bakery. Local customers
are looking for a high quality product in a relaxing atmosphere. They desire a
unique, classy experience.
Larger chains vary their product mix depending upon the size of each store
and its location
Technologically savvy competitors make fresh coffee and coffee-related
products conveniently available via mail order and online. Additionally, mail
order catalogs offering coffees, certain food items, and select coffee-making
equipment and accessories, have been made available by a few larger
competitors. Websites offering online stores that allow customers to browse for
and purchase coffee, gifts, and other items via the Internet have become more
commonplace as well.
Market position
Strengths
Weaknesses
Market shares
Collaborators
Climate
Macro-environmental PEST analysis :
SWOT Analysis
IV. Market Segmentation
Target market:
The dominant target market for Sajjad Bakery is a regular stream of local
residents. Personal and expedient customer service at a competitive price is key
to maintaining the local market share of this target market.
Present a description of the market segmentation as follows:
Market Needs
Because Karachi has a hot climate for eight months out of the year, cold coffee
products are very much in demand. During the remaining warmer four months of
the year, hot coffee products are in significantly high demand, along with a
slower but consistent demand for cold coffee products. Much of the day's activity
occurs in the morning hours before ten a.m., with a relatively steady flow for the
remainder of the day
Segment 1
Description
Percent of sales
What they want
How they use product
Support requirements
How to reach them
Price sensitivity
Cookies
Ice creams
Breads
White Bread
Wheat Bread
Donuts
Rolls
Dinner Rolls
Enriched Soft Dinner Rolls\
Sandwich Rolls
Vegetable Rolls
Egg Rolls
Gourmet Pastries
Cakes
Wedding Cakes, Anniversary Cakes, Graduation Cakes, Sculptured Cakes,
Strawberry Short Cake, Pineapple.
The bakery provides freshly prepared bakery and pastry products at all times
during business operations. Six to eight moderate batches of bakery and pastry
products are prepared during the day to assure fresh baked goods are always
available.
To start a bakery following factors have to be checked . The first and the
foremost decision
one has to take is to
Depending on the financial budget one has one has to take decision .Do take
your accountant
views on this . All other legal and government related jobs has to be completed
prior to
operations . Few actions like registration , taxes and water and electricity
connections ,No
objection for authorities to start bakery in that particular area
The Four Most Important M s of any business which are applicable to
bakery business are .
Man
Bakery requires skilled bakers either you hire bakers or learn bakery skills
from good
professional bakery schools/institutes . Other s could be expert
accountants/sales/procurement
people if you plan to run bakery on a bit larger scale .
Money
Machine
Material
Once we have got new bakery at place and finances arranged we have to work
on marketing
and popularising brand and increase sales . Following are most important 4P s
of marketing
Place
You have to be very carefull while selecting the location of your bakery as
earlier sales would
happen most of the time on the shelf .Later once it becomes popular consumers
would ask for
home delivery .You must prefer busy markets , educational institutes ,
multiplexes or malls or
residential areas .Do a small surveys of your existing competitors in that area .
Lesser the
competition better are the chances of your bakery being successfull.
Product
Conduct a survey on bakery product which are in demand or popular .Do it by
your self or
take professional help in finding out the product . You can create a niche
product are start
popularising it .
Pricing
Once you start manufacturing these products you have to price your produt such
as it recovers
all cost with reosanable profit .Also check your competitors pricing . Prices
shouldn't be very
high neither they should very low .
Promotion
Word to mouth is the best advertisement and is free .maintain good quality and
service people
would start coming up to your shop . Throw a party among friends on
inauguration ,distribute
pamphlets ,brochure and leaflets to nearby areas .Put aside some budget for
ads on local
newspaper
Price
Discuss pricing strategy, expected volume, and decisions for the following
pricing variables:
List price
Discounts
Bundling
Payment terms and financing options
Leasing options
Distribution (Place)
Promotion
· Combining the high demand for fast quality coffee and pastry on-the-go with
delivery service for those with no time to wait in line.
· Quick order turn-around cake delivery services within the ten block business
district radius.
· Community donations
VIII. Conclusion
Breadcrafter will sell its products to new and repeat customers from its storefront
in the Green Lake Shopping Center, located on the busy stretch of M-17
between Port Hanover and Crescent Heights, Michigan. A large, tasteful,
storefront sign will catch the attention of passing motorists. The smell of bread
as it comes from the oven will bring customers in from the parking lot.
Breadcrafter will offer a sample of fresh baked bread to anyone who comes into
the store.
Breadcrafter's products will be truly unique in the marketplace. The look, feel
and taste of its breads, when compared with the competition, will underscore
their quality and value. Many of the products, such as Pepper Parmesan Bread
and Sourdough Baguettes, will not be available anywhere else. Breadcrafter will
also actively encourage customer satisfaction. Our product line will react to the
needs and desires of the customer, thereby encouraging repeat and word of
mouth sales. As a small hands on facility Breadcrafter will have the freedom to
react quickly and accurately to changes in the market. Due to its uniqueness
and convenient location, Breadcrafter will become a destination for food lovers.
Printed advertisements, which will run opening week, will highlight bread as an
everyday product, to be purchased fresh on a weekly or daily basis. More
printed advertisements will run Labor Day weekend and during the Christmas
season. Costs for these advertisements will be approximately $200 each.
Appendix
Exhibits
Recommended Reading