You are on page 1of 11

Company's Corporate, Business, and

Functional-level Strategies

Rebecca’s Bakeshop

Name of Students:

Canullas, Diether G.

Marticio, Allan Paul J.

Santoyo, Jermaine M.

3MKTG-1

Submitted to:

Dr. Bernie E. Balmeo

Rebecca’s Bakeshop
Corporate Level Strategies-
1. Portfolio Strategy

● Product Diversification

Introduce new product lines or expand the existing range of baked goods. This could include
adding breakfast items, beverages, or specialty products to attract a broader customer base.

● Seasonal Offerings

Implement a strategy of offering seasonal products to capitalize on changing consumer


preferences and occasions. For example, introducing special holiday-themed treats or seasonal
flavors.

● Collaborations and Partnerships

Explore collaborations with other local businesses or brands. This could involve co-branded
products or joint promotions to enhance the overall appeal of Rebecca's Bakeshop.

● Strategic Alliances

Form strategic alliances with suppliers or distributors to enhance the overall value chain. This
could involve partnerships with local farmers for fresh ingredients or alliances with distributors to
expand the reach of Rebecca's Bakeshop products.

● Geographic Expansion

Consider expanding the geographic reach of Rebecca's Bakeshop by opening new outlets in
different locations. This can help tap into new markets and increase overall brand visibility.

● Exclusive Product Lines

Develop exclusive product lines that are only available at certain outlets or during specific
promotions. This creates a sense of exclusivity and encourages customers to visit the bakeshop
regularly.

2. Vertical Integration

● Backward Integration (Supplier Integration)

Own Ingredient Production: Rebecca's Bakeshop could consider backward integration by


owning or partnering with suppliers of key ingredients, such as flour, sugar, and dairy products.
This helps ensure a stable supply of high-quality ingredients and may provide cost advantages.
Farming Partnerships: Developing partnerships with local farmers to source fresh, high-quality
ingredients directly. This not only supports local agriculture but also allows for better control
over the sourcing process.

In-House Milling or Grinding: Depending on the scale and specialization of the bakery,
Rebecca's Bakeshop might explore in-house milling or grinding of certain grains to have more
control over the quality of flour used in baking.

● Forward Integration (Customer Integration):

Retail Expansion: Rebecca's Bakeshop could vertically integrate by expanding its retail
presence. This may involve opening additional storefronts in new locations, allowing for better
control over the customer experience and market reach.

E-commerce and Delivery Services: Developing an online platform for customers to place
orders and arranging in-house delivery services. This enhances control over the distribution
process and provides a direct channel to consumers.

Café or Restaurant Integration: If applicable, Rebecca's Bakeshop might consider integrating


forward by incorporating a café or restaurant component within its outlets, offering a place for
customers to enjoy baked goods on-site.

● Horizontal Integration:

Acquisition of Competing Bakeries: Rebecca's Bakeshop could pursue horizontal integration


by acquiring or merging with other local or regional bakeries. This strategy can lead to increased
market share and economies of scale.

Diversification into Related Businesses: Expanding into related businesses, such as catering
services or baking classes, can provide opportunities for horizontal integration. This
diversification can help mitigate risks associated with relying solely on bakery sales.

2. Diversification

● Related Diversification:

New Product Lines: Introduce new product lines that complement the existing bakery offerings.
This could include items such as specialty beverages, breakfast items, or gourmet snacks that
align with the overall theme of quality and craftsmanship.

Catering Services: Diversify into catering services for events, weddings, and corporate
functions. Leveraging the baking expertise, Rebecca's Bakeshop could offer customized
catering options featuring their signature baked goods.
Baking Classes or Workshops: Expand into educational services by offering baking classes
or workshops. This not only generates additional revenue but also enhances brand loyalty as
customers engage more deeply with the art of baking.

Branded Merchandise: Create and sell branded merchandise such as aprons, cookbooks, or
baking utensils. This can serve as an additional revenue stream and increase brand visibility.

● Geographic Diversification:

New Locations: Open additional bakeshop locations in different cities or regions. This
geographic diversification can help tap into new markets and reduce dependence on a single
location.

International Expansion: Explore opportunities for international expansion by opening


bakeshops in different countries. This involves adapting to local tastes while maintaining the
core values of Rebecca's Bakeshop.

Stability Strategy:

● Consolidation of Market Presence:

Focus on strengthening the bakeshop's current market presence in existing locations. This may
involve fine-tuning marketing efforts, optimizing product offerings based on customer
preferences, and improving operational efficiency.

● Product and Service Refinement:

Invest in research and development to refine and enhance existing products and services. This
could include experimenting with new flavors, improving recipes, or enhancing the presentation
of baked goods.

● Customer Relationship Management:

Place a strong emphasis on building and maintaining customer relationships. Implement


customer loyalty programs, gather feedback, and continuously strive to meet or exceed
customer expectations to retain a loyal customer base.

● Operational Efficiency:

Streamline internal processes and operations to improve efficiency. This might involve adopting
new technologies, optimizing supply chain management, and enhancing production processes
to reduce costs and increase overall effectiveness.

● Employee Training and Development:


Invest in the training and development of employees to ensure a skilled and motivated
workforce. Well-trained staff contributes to the consistent quality of products and enhances the
overall customer experience.

● Quality Assurance:

Place a strong emphasis on maintaining and ensuring the highest quality standards for all
products. Consistent quality is a key factor in retaining customer loyalty and positive brand
perception.

● Financial Stability:

Focus on financial stability by managing costs, optimizing pricing strategies, and ensuring a
healthy profit margin. This stability provides a foundation for long-term sustainability.

● Brand Building and Reputation Management:

Continue to build and reinforce the brand image. Engage in marketing and public relations
efforts to strengthen the reputation of Rebecca's Bakeshop as a trusted and high-quality
provider of baked goods.

● Risk Management:

Identify and manage potential risks that could impact the stability of the business. This includes
monitoring industry trends, staying informed about changes in customer preferences, and
adapting to regulatory requirements.

● Community Engagement:

Strengthen ties with the local community through community engagement initiatives. This could
involve participating in local events, supporting charitable causes, and building relationships
with local businesses.

Business Level Strategies- jerms

1. Cost Leadership

● Energy Efficiency

Implement energy-efficient practices in the bakeshop, such as using energy-efficient appliances


and optimizing lighting and heating systems. This can lead to cost savings over time.
● Simplified Product Offerings

Focus on a core set of popular and profitable products to simplify production processes and
reduce the complexity of inventory management.

● Brand Image and Marketing Efficiency

Develop a strong brand image that emphasizes value for money. Efficient marketing strategies,
such as digital marketing and word-of-mouth, can help reach a broader audience without
incurring significant costs.

● Lean Management Practices

Implement lean management principles to minimize waste, optimize processes, and improve
productivity. This involves continuous improvement efforts to eliminate unnecessary steps in
production.

● Cost Monitoring and Control

Implement robust cost monitoring and control systems to track expenses and identify areas
where costs can be further reduced. Regularly review and analyze financial data to ensure cost
targets are being met.

2. Differentiation

● Exclusive Partnerships

Form exclusive partnerships with local suppliers or producers of specialty ingredients. This not
only adds uniqueness to the products but also supports the local community.

● Seasonal and Limited-Edition Offerings

Introduce seasonal or limited-edition products to create a sense of urgency and exclusivity. This
can encourage repeat business as customers look forward to trying new offerings.

● Unique Product Offering

Create signature and innovative baked goods that are exclusive to Rebecca's Bakeshop. This
could include specialty pastries, unique flavor combinations, or custom-designed cakes that
customers cannot find elsewhere.

● Customization Options
Offer customization options for customers to personalize their orders. This could include custom
cake designs, flavor combinations, or personalized packaging for special occasions.

● Online Presence and Social Media Marketing

Leverage social media platforms to visually showcase the uniqueness of the products. Engage
with customers online, share behind-the-scenes content, and encourage user-generated
content.

Functional-Level Strategies- dits

Marketing

These marketing functional-level strategies aim to enhance the visibility, engagement, and
overall brand experience for Rebecca's Bakeshop Pastries, contributing to the business's
success in the local market.

1. Digital Marketing Campaigns


➢ Strategy: Launch targeted digital marketing campaigns, including social media
advertising and email marketing, to reach a wider audience and promote specific
pastries or promotions.
➢ Rationale: Leveraging digital platforms enhances visibility, engages customers
online, and allows for cost-effective promotion of seasonal or new pastry
offerings.
2. Loyalty Programs
➢ Strategy: Introduce a customer loyalty program where frequent buyers earn
rewards, discounts, or exclusive access to new pastry releases.
➢ Rationale: Loyalty programs incentivize repeat business, foster customer
retention, and encourage customers to explore a variety of pastries over time.
3. Collaborations and Partnerships
➢ Strategy: Collaborate with local influencers, food bloggers, or businesses for joint
promotions or featured reviews on social media platforms.
➢ Rationale: Partnerships enhance brand credibility, expand the customer base
through shared audiences, and generate buzz around Rebecca's Bakeshop
Pastries.
4. Event Sponsorship and Participation
➢ Strategy: Sponsor or participate in local events, food festivals, or community
gatherings to showcase pastries and engage with potential customers.
➢ Rationale: Event participation builds community connections, provides
opportunities for product sampling, and increases brand visibility in the local
market.
5. Seasonal and Limited-Time Offers
➢ Strategy: Implement marketing strategies around seasonal themes or limited-
time offers, creating a sense of urgency and excitement among customers.
➢ Rationale: Seasonal promotions capitalize on customer anticipation for specific
pastries, driving sales and fostering a dynamic product offering.

Operations

These operational functional-level strategies aim to enhance efficiency, quality, and


sustainability at Rebecca's Bakeshop

1. Effective Inventory Management


➢ Implement a streamlined inventory management system to monitor ingredient
levels, minimize wastage, and ensure a reliable supply of fresh ingredients for
pastry production.
➢ Efficient inventory management reduces surplus stock, lowers holding costs, and
guarantees ingredient availability when required.
2. Quality Assurance Procedures
➢ Institute rigorous quality control measures at each stage of the baking process to
uphold consistent product quality and meet established standards.
➢ Quality control enhances customer satisfaction, strengthens brand reputation,
and reduces the likelihood of producing below-par pastries.
3. Optimized Production Processes
➢ Fine-tune the production layout and workflow to eliminate bottlenecks, ensuring a
seamless and efficient pastry-making process.
➢ Streamlined production processes boost productivity, cut down lead times, and
contribute to the punctual delivery of fresh pastries to customers.
4. Strong Vendor Relationships
➢ Cultivate strong ties with local suppliers to secure a dependable and high-quality
source of ingredients. Negotiate favorable terms to maintain cost-effectiveness.
➢ Positive vendor relationships secure a stable supply chain, mitigate the risk of
ingredient shortages, and potentially lead to cost savings.

5. Integration of Technology
➢ Integrate technology solutions such as point-of-sale systems, order management
software, and inventory tracking tools to enhance operational efficiency.
➢ Technology integration streamlines operations, offers real-time insights, and
supports data-driven decision-making for improved efficiency.

6. Employee Training and Cross-Training


➢ Implement comprehensive training programs for employees to ensure proficiency
in all aspects of pastry production. Encourage cross-training to enhance
workforce flexibility.
➢ Well-trained and versatile employees contribute to a more adaptable and resilient
operation, especially during peak demand periods.

Human Resources
These Human Resources functional-level strategies aim to foster a positive work environment,
support employee development, and contribute to the overall success of Rebecca's Bakeshop
Pastries in Caloocan, Manila.

1. Talent Recruitment and Selection


➢ Develop a targeted recruitment strategy to attract skilled bakers, pastry chefs,
and customer service representatives with a passion for the baking industry.
➢ Ensuring a talented and dedicated workforce is crucial for maintaining the quality
and customer satisfaction associated with Rebecca's Bakeshop Pastries.

2. Training and Development Programs


➢ Implement comprehensive training programs for new hires to acquaint them with
the company's baking processes, customer service standards, and hygiene
protocols.
➢ Continuous training enhances employee skills, improves product consistency,
and ensures adherence to quality and safety standards.

3. Employee Engagement Initiatives


➢ Establish employee engagement programs, including team-building activities,
recognition events, and regular feedback sessions to foster a positive and
collaborative work environment.
➢ Engaged employees are more likely to be committed, creative, and contribute
positively to the overall customer experience.

4. Flexible Scheduling and Work-Life Balance


➢ Implement flexible scheduling options and prioritize work-life balance to
accommodate the varied needs of employees, especially in a dynamic industry
like baking.
➢ Supporting work-life balance enhances employee satisfaction, reduces burnout,
and contributes to a healthier and more motivated workforce.

5. Performance Management System


➢ Establish a performance management system that includes regular evaluations,
goal-setting, and constructive feedback to help employees grow in their roles.
➢ A performance-oriented culture encourages continuous improvement, aligns
individual goals with organizational objectives, and promotes a sense of
achievement.

6. Competitive Compensation and Benefits


➢ Conduct regular market analyses to ensure that the company's compensation
and benefits packages remain competitive within the industry.
➢ Competitive compensation attracts and retains top talent, demonstrating the
company's commitment to recognizing and rewarding employee contributions.
7. Health and Safety Protocols
➢ Prioritize employee health and safety by implementing and communicating clear
protocols, providing necessary protective equipment, and conducting regular safety
training.
➢ A safe and healthy work environment contributes to employee well-being, reduces
absenteeism, and ensures compliance with industry regulations.

Financial

These financial functional-level strategies aim to enhance financial performance, optimize


resource allocation, and mitigate risks for Rebecca's Bakeshop Pastries in Caloocan, Manila.

➢ Cost Control and Expense Management:


○ Approach: Implement rigorous cost control measures to monitor and manage
operational expenses, including ingredient costs, labor expenses, and
overheads.
○ Rationale: Effective cost control ensures profitability and financial sustainability
by preventing unnecessary expenditures and optimizing resource allocation.
➢ Budgetary Planning and Monitoring:
○ Approach: Develop detailed budgets for various operational aspects, regularly
monitor financial performance against these budgets, and adjust plans as
needed.
○ Rationale: Budgetary planning provides a structured financial framework,
allowing for informed decision-making and resource allocation aligned with
business goals.
➢ Cash Flow Management:
○ Approach: Implement efficient cash flow management practices to ensure a
steady inflow and outflow of funds, allowing for timely payments to suppliers and
addressing short-term financial needs.
○ Rationale: Maintaining healthy cash flow is essential for operational continuity,
avoiding liquidity issues, and seizing business opportunities.
➢ Profitability Analysis and Pricing Strategies:
○ Approach: Conduct regular profitability analyses for different product lines and
adjust pricing strategies accordingly to maximize revenue while remaining
competitive.
○ Rationale: Profitability analysis guides pricing decisions, optimizing the balance
between attracting customers and achieving desired profit margins.
➢ Financial Risk Management:
○ Approach: Identify and assess financial risks such as market fluctuations,
supplier pricing changes, and economic uncertainties. Develop risk mitigation
strategies and contingency plans.
○ Rationale: Proactive financial risk management safeguards the business from
potential economic downturns or unexpected events, ensuring long-term financial
stability.

Research and Development

These research and development functional-level strategies aim to foster innovation, improve
product quality, and ensure that Rebecca's Bakeshop Pastries remains at the forefront of
customer preferences in Caloocan, Manila.

➢ New Product Development:


○ Approach: Invest in research to identify emerging pastry trends, customer
preferences, and unique flavor profiles. Develop and introduce new pastry
products based on these insights.
○ Rationale: Continuous product innovation keeps the menu fresh, attracts new
customers, and retains existing ones by offering novel and exciting pastry
options.
➢ Quality Enhancement and Standardization:
○ Approach: Conduct research to enhance the quality of existing pastry recipes.
Standardize production processes to ensure consistent quality across all
batches.
○ Rationale: Maintaining high-quality standards contributes to customer
satisfaction, builds brand reputation, and fosters loyalty.
➢ Ingredient Sourcing and Sustainability:
○ Approach: Research sustainable and high-quality sources for ingredients.
Explore partnerships with local suppliers and farmers to support sustainable and
eco-friendly practices.
○ Rationale: Ethical ingredient sourcing aligns with customer values, enhances the
brand image, and contributes to environmental sustainability.
➢ Process Optimization and Efficiency:
○ Approach: Investigate and implement process optimization techniques within the
baking and production workflows. Leverage technology to enhance efficiency and
reduce production time.
○ Rationale: Streamlining processes improves productivity, reduces costs, and
ensures the timely delivery of fresh pastries to meet customer demands.
➢ Customer Feedback and Market Research:
○ Approach: Regularly gather customer feedback through surveys, reviews, and
direct interactions. Conduct market research to understand changing preferences
and demographics.
○ Rationale: Customer feedback and market research provide valuable insights for
refining products, tailoring marketing strategies, and staying attuned to market
dynamics.

You might also like