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1.0 Marketing research process
Problem definition, it involves taking into consideration the purpose of the study
and relevant information required in to make decision.
Development of an Approach to the Problem, involves formulation of objective,
research questions, hypothesis and identification of factors that may influence
research deign.
Research design and formulation, involves putting down necessary procedures
to obtain necessary answers and information crucial for decision making.
Data collection, involves systematic marketing research and utilization of both
primary and secondary research.
Data processing and analysis, involves examining, and modelling information
with an objective of highlighting useful data, and suggesting conclusion.
Report Preparation & Presentation, involve presenting comprehensive report
format that ought to be used in decision making.
Heavy traffic congestions within the road which means spending lots of time to
and from KFC Brixton
Lack to embrace home delivery services
Higher pricing of pizza compared to $5 of Domino’s pizza
New trendy casual dining restaurants opening in the location
The launch of new crispy chicken burger product line by Hungry Jacks
Set casual alfresco settings around CBD centers and university entry ways to
offer alfresco lunch.
Integrate home delivery services in their operations.
Launch a new competitive product line for example chicken crispy and do
rigorous advertisement and promotions.
Provide range of fast foods not limited to pizzas, burritos, gourmet burgers.
Sell its food products at competitive prices to attract customers like students who
are sensitive to slight changes in prices.
Pricing research, KFC Brixton has to price its products within the competitor
range to remain lively in the market.
Promotion research, KFC Brixton has to begin product advertisement to remind
customers they still exist and nature of products they offer.
Delivery research, KFC Brixton has to implement home delivery services to retain
and attract new customers.
Low customer turnover rate compared to our rivals, due to lack of competitive
strategies such as home delivery services, higher prices on our pizza and failure
to launch new attractive product line. To attract and retain our customers we
need to embrace strategies as our competitors does.
Malhotra, N.K., 2010. Marketing research: an applied orientation. 6th global ed.
Taylor. K., 2016, KFC says it has been making the same mistake for decades — but
now it has a plan to beat Chick-fil-A. Retrieved from:
https://www.businessinsider.com/kfc-is-finally-turning-business-around-2016-5?
r=US&IR=T [Accessed on:10th May 2022].