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Chief Cave’s Marketing Research for

Establishing a Distinct and Delectable Food Truck Business In Paete,


Laguna

Marketing research submitted in partial fulfillment

Of the requirements for the course subject of

MM223 – Marketing Research

Submitted by:

PAEZ, MELVIN JOHN M.


Bachelor of Science in Business Administration
Major in Marketing Management

Submitted to:

DR. ALELI I. MAGTIBAY


(Professor)
May 2, 2021
Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Approval Sheet

This research entitled “ESTABLISHING A DISTINCT AND

DELECTABLE FOOD TRUCK BUSINESS IN PAETE, LAGUNA” prepared

and submitted by PAEZ, MELVIN JOHN M. In partial fulfillment of the

requirement for the degree of BACHELOR OF SCIENCE IN BUSINESS

ADMINISTRATION (Major in Marketing Management) has been examined

and hereby recommended for approval and acceptance.

Dr. Aleli I. Magtibay


Adviser
_____________________________________________________________

Approved by the COMMITTEE OF ORAL EXAMINATION with the degree


of____

Judge Nicolas V. Fadul, Jr.


President and Administrator

Dr. Sonia S. Cadawas


Dean of College

Dr. Aleli I. Magtibay


Department Head and Adviser
Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Dedication

This Research paper is dedicated wholeheartedly to my beloved parents, who

have always been my inspiration, strength, and provider of unconditional love,

understanding, and support.

To my friends and classmates who have been with me when I was having a

hard time, for sharing their words of encouragement, and for constantly

reminding me of my purpose to keep my fire burning to be able to finish this

Marketing research

And lastly, I dedicate this research to almighty God. Thank you for all your

words that give me the power to find the way and life. Thank you for the

guidance, protection, and talents that you had given me. I offer this all to you.
Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Acknowledgement

The completion of this Research could not have been possible without

the cooperation and guidance of so many people whose names may not all be

enumerated. Their contributions are sincerely appreciated and gratefully

acknowledged. However, I would like to express my sincere appreciation and

indebtedness, particularly to the following :

Dr. Aleli I Magtibay for her endless support, kind, and understanding spirit

during the process of completion of this Research

To all friends, classmates, and family who in one way or another shared their

support, either morally or financially. Thank you

Above all, to the almighty God, the author of wisdom and knowledge, for his

immeasurable love.

I thank you
Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

TABLE OF CONTENTS

Title Page
Approval Sheet
Dedication
Acknowledgement
I. Introduction……………………………………………………………………1
II. Business Description………………………………………………………...2
Company Logo and Tagline………………………………………………...4
Products and Services………………………………………………………4
Pricing Structure……………………………………………………………15
Business Structure…………………………………………………………17
Mission and Vision Statement…………………………………………….17
SWOT Analysis…………………………………………………….………18
Organization Structure………………………………………………….…19
III. Target Market…………………………………………………………………20
IV. Marketing Research survey/questionnaire………………………..……….21
V. Results, Findings, and Analysis…………………………………..…………30
VI. Projected Demand……………………………………………………………49
VII. Projected Supply……………………………………………….…………….58
VIII. Marketing and Promotion……………………………………………………68
IX. Conclusion…………………………………………………………………….69
X. Recommendation……………………………………………………………..70
Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

INTRODUCTION:

The food industry is continuously showing tremendous growth over the

past few years and will continue to expand on the back of our strong

consumer lead economy. The Food services truck is currently one of the

booming around the metro. It has evolved from chauffeuring and selling on

small food carts into jeeps, vans, small buses, and light trucks then converted

to mobile food stalls that offer a round-the-world gastronomic selection in the

market such as pizza, rice in a box, baked products, Mexican tacos, American

Burger, Lebanese Shawarma, Fries, including Filipino cuisine such as Siomai,

Sisig, and a lot more food formats and peculiar services to gain an advantage

in the growing competition.

The continuous growth and innovation in the mobile food industry

outdo the Traditional restaurants for making 7.5% of growth yearly.

Unfortunately, COVID-19 reduced food truck development in 2020. However,

it is predicted to increase in market size by 2.4% this year. This industry’s

growth kept up its upward trend even with setbacks caused by the pandemic.

According to Bontella Food Truck Builders Philippines, a truck body

fabrication company that has expertise in food trucks and other mobile

business, one of the primary concern for many food truck owners is the heavy

traffic, in order for chief cave company to gain an advantage over its

competitors, have more lax regulations, and to achieve its main objective

which is to provide distinct and delectable food/services to customers, Chief

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

cave will establish its very first food truck business in the City of Paete

province of Laguna and is expected to expand to nearby provinces and gain

an average annual gross revenue of P590,000 on its first year in the market

with 3-5 employees upon establishment. The company will start campaigning

through social media to create brand awareness and gain customer

engagement.

BUSINESS DESCRIPTION:

Chief Cave is a start-up company that offers global-inspired food

selection to promote cuisines of different countries. Raw ingredients such as

beef, meat, flour, sugar, vegetables, and spices are imported. To provide a

support system for local agricultural raw materials, the company will also

serve Filipino cuisine and use locally owned products. Chief Cave’s innovative

dishes include Po’boy, a traditional sandwich from Louisiana, Cuban

sandwich, Yuca Fries, Burrito, and Mexican Tacos, Alcoholic beverages,

carbonated drinks, juice, Fruit teas, sizzling sisig, silog meals, siomai rice,

fried/steamed siomai, shawarma rice and chaofan with different selection of

toppings such as sausage, roast beef, fried/glazed chicken, hams, and glazed

pork. The company will be using Barbequed Brisket, seafood, French bread,

corn flour, and Filipino Cassava to make sandwiches and tortillas and serve

as part of its Unique Selling Proposition. Aside from its exemplary ingredients,

Chief cave will also provide catering services as part of its USP to exceed

customer satisfaction. The business will also be adding a particular station for

entertainment purposes like arcade games, Live band sessions, and a free

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

wifi connection for customer to share their moments online or enjoy their free

time during food preparation. It will also add s particular area where

customers can customize their own orders where they can choose their own

preferences when it comes to design, flavor, toppings, etc. The price will

depend on the quantity and the ingredients use by the customers upon its

preparation, other than that is a vending machine that will be available 24/7.

The company will hire talented individuals with equal and extraordinary

proportions of industry expertise, problem-solving ability, and inclination.

Those that enter the food kiosk scene selling international and local cuisine

will be clobbered by mega-chains who have carved their army of loyal

customers. The company will also make sure to follow the safety protocols

upon its establishment for the sake of its employees and prospective

customers. The food truck will have its flexible schedule in chauffeuring

around its nearby town, usually one week per city, to raise brand awareness,

and gain engagement online or offline. This benefits the customer and the

company itself as it recognizes opportunities for which location is better for

day-to-day business transactions. Chief Cave will start establishing at

Madrinan St. Brgy. Ibaba Del Sur (front of Plaza, nearby municipality) Paete,

Laguna. As the food truck moves around nearby towns, the company will

consider the most appropriate location on public street to gain more

accessibility and to avoid obstruction. .

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Company Logo and Tagline

Products and Services

Chief cave will be selling sandwiches originated from Cuba and

louisiana which is made up of different ingredients and available in different

sizes, it will also offer drinks specifically Fruit tea with variety of flavors and

sizes. As part of company’s unique selling proposition, it will cater services

and provide free wifi, arcade station, and live band session. Chief Cave will be

the very first Food truck Services to be established in Paete, Laguna and

offers an exceptional products and services which any food truck businesses

around metro can’t offer

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Po’boy - A Traditional Sandwich of Louisiana. Usually stuff with roast beef

and Seafood such as shrimps, crabs, lobster fish, and oyster. It’s price will

vary on stuff and sizes. See the figure below for price list.

STUFF SMALL MEDIUM LARGE

ROAST BEEF P75 P125 P175

SHRIMP P87 P175 P250

FISH P62 P112 P162

OYSTER P100 P187 P262

LOBSTER P112 P225 P325

CRAB P100 P187 P262

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Cuban Sandwich

sandwich inspired from Cuba. It was made of Ham, roasted pork,

swiss cheese, pickles, mustard and sometimes salami. It’s price will depend

on the available sizes. For small the price will be P118, medium P168 and

Large P243

Tacos

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

a traditional Mexican dish consisting of a small hand-sized corn or

wheat tortilla topped with roasted beef, mustard, lettuce, carrots and cheese.

The price would be P112 per order

Yuca fries

A Filipino snack food made of Cassava partnered with Cilantro lime

mayonnaise. The price will set to P75 per order.

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Burrito

A Mexican dish consisting of flour torilla wrapped into a sealed

cylindrical shape around various ingridients. The price would be P75 per order

and the available flavors are Grilled chicken, glazed chicken, shawarma, and

crispy chicken

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Hamburger

it consist of

one

cooked patties of gril

led ground beef,

placed inside a

sliced b un. It is

served

with cheese, lettuce, tomato, onion, pickles, bacon,

or chiles; condiments such as ketchup, mustard, mayonnaise, relish, or a

"special sauce", often a variation of Thousand Island dressing; and are

frequently placed on sesame seed buns. The price would be set to P60 per

order

Alcoholic Beverages

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

We will also be selling different liquors such as beers (Heineken-P99,

San Miguel Light-P44, Pale Pilsen-P42, Redhorse-P44) which will be

available in a 330 ml can , Another is cocktails with a price starting from P138

per glass, we will also have whiskey (Andy player- P159 500 ml, Jack daniels-

P230 50ml, Chivas Regal- P150 50 ml, Red label- P320 200 ml) and laslty

wine (Yellow tail Shiraz - P219 200 ml, Moet& Chandon Imperial - P1,249

200 ml, Bottega Gold Prosecco - P422- 200 ml)

Fruit Tea

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

an infusion made from cut pieces of fruit and plants which can be either

be fresh or dried. It is a tea like beverage which processed is not the same as

the traditional method for normal teas. The available flavors are, mango,

avocado, lychee, strawberry, and lemon. The price will depends on the sizes,

for small, the price would be P50,medium P85, and large P125.

Carbonated drinks

The food truck business will also offer carbonated drinks such as coke,

sprite, royal, merinda, and pepsi. The price will be set according to its

suggested retail price

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Silog Meals

A class of Filipino breakfast dishes containing sinangag (Fried rice) and

egg. They are served with various viands such as tapa, longganisa, tocino,

hotdog, fried chicken, and pork. The price will depend on the viands. For tapa

the price would be set to P80, same price with chicksilog, and porksilog and

for process meat such as longganisa, hotdog, and tocino, the price will be set

to P70. we will also offer combo meals. For meat and poultry the price would

be P150 and for process food, the price would be P130.

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Chaofan

is a popular Filipino Chinese fried rice dish prepared with day-old left-

over rice stir fried with meats like pork, together with vegetables such as

spring onions, green peas, and corn. It is usually serve with toppings like

dumplings, chicken, roast beef. Etc. The price of Chaofan depends on its add

ons. For Pork, the price would be P75, for beef the price will be P118, for

chicken, ham, and sausage, the price would be P55 and for dumplings, the

price would be P38

Shawarma rice

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

a Filipino dish inspired by the Middle eastern Kebab where tapa style

grilled beef is served with a sufflower and margarine seasoned rice together

with lettuce, cucumber, and tomatoes. The price would be P118

Siomai Rice

A Filipino dish inspired by Chinese. It is a combination of Rice and

siomai on different formats such as pork,chicken and seafood. The price

would be set to P85 per 6 pcs

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Fried and steamed Dumplings

a Filipino Chinese dish like siomai but has a different wrapped style. It

comes with different contents like pork and seafood. The price would be P60

for 6 pieces

Sizzling sisig

Sisig is a popular

Filipino dish. It can be

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

considered as a main dish or an appetizer. The composition of our dish is

mainly of pig’s parts such as minced pork meat, ears, and face. Chicken liver,

onions, and chili peppers are also added. The price would be P90 per

servings

Arcade station

The company will provide an arcade area consisting of 2-3 coin-

operated machine as a part of its Unique Selling proposition to give them time

enjoy their moment while waiting for their orders

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Live Band Session

Chief cave will also provide live band sessions on weekdays starting

from 10:00 pm - 2:00 am. This will give them the vibes and a great

atmosphere while having their snacks, or dinner

Pricing structure

The company will be using Food-cost percentage menu pricing . It is

one of the most widely used method for menu pricing. It is simply plug into this

formula: Food cost divided by target food cost percentage = menu price. For

example, Cuban Sandwich food cost is P100 and the target food-cost

percentage is 8% The calculation of Cuban Sandwich is as follows:

Small - P95 / 0.8 = 118

Medium - P135 / 0.8 = 168

Large - P195 / 0.8 = 243

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Business Structure

Chief Cave is a sole proprietorship type of business entity owned and

run by Mr. Melvin John Paez. The owner himself will be the one who’s

responsible for their own record keeping and payments for IRS and is held

liable for company’s debts and financial obligation.

Mission and Vision Statements

OUR MISSION

Chief Cave mission is to provide customers a unique buying

experience by catering services at a convenient area and offers distinct

selection of food formats to promote and support international and local

cuisine. Our food truck will be available at the most convenient times for

travelers as well as locals.

OUR VISION

The company envisions creating a sustainable food truck business in

mobile food industry by continuously providing trendy and unique products

and services and support system for international and local products. We will

create an impact in the minds of our customers, to the industry, and the world

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

as we create a global brand by providing innovative dishes and distinct

catering services to exceed customer satisfaction and strive to be a global

leader in the Mobile food industry

SWOT ANALYSIS

Strengths

 Quick, fast service

 Reasonable price

 Quality food

 Flexible Time Frame

 Personal customer service

 Extensive advertising for brand awareness and engagement

 Unique sevice features

 Well-trained and experienced staffs

6Weaknesses

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

 Only in local areas

 Lack of established reputation

 Costs rising due to increases in food costs

 Importation of supply can be cost inefficient

 Limited accommodation capacity

Threats

 Restraints Other food trucks

 Dining in restaurants

 Competition from similar businesses operating either in the same location


or surrounding areas

 New entrants to the market

8Opportunities

 Trendy Menu

 Expanding number of Food trucks services

 Expand Location

 Strong brand image

Organization Structure

The pattern of Chief Cave Company's organizational structure is

vertical-based, as shown in the figure below. The critical departments

including Chief Operating Officer (owner),Chef / Caterer /Cooks, Kitchen

Assistant / Utility Staff, Sales Girl, Cashier, Driver, and Office Administrator

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

COO

Office administrator

Chef/Caterer/Cooks Kitchen Staff Sales man Cashier Driver

TARGET MARKET

The demographics, psychographics, and behavioral aspects of the Chief

Cave customer are as follows:

Demographics

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

 18 – 50 years old Male, Female, LGBT, PWD

 Teenagers, College Students, Young Professionals

Psychographics

 Highly reliant on technology

 Extroversion

 Foodies

Behavioral aspects

 Spend their free time going outside

 Keeps up with the latest trend,

 Seeks unique services

CUSTOMER PROFILE
Our customer is between the ages of 18 – 50, composed of men,

women, and LGBTQ+ and PWD. Some are teenagers, college students,

young professionals who have joined the workforce, persons with disabilities,

and senior citizens. They usually spend their time going out with friends,

family or acquaintance and usually tries new trends of food in the market.

MARKETING RESEARCH SURVEY QUESTIONNAIRE

Introduction

Good day! I am a BSBA MM Student of Paete Science and Business College

Inc. And conducting a survey for my research entitled “Establishing a Distinct

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

and Delectable Food Truck Business in Paete, Laguna” I would appreciate

your participation in this survey. Rest assured that your information will be

kept confidential and used exclusively for academic purposes only. Thank

you!

I. Demographic Profile

Direction: Please make tick mark in circles for selection of options.

Name: (Optional)

1. What is your sex?

■ Male

■ Female

2. What is your age range?

■ 15-24

■ 25-34

■ 35-44

■ 45-54

■ 55+

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

3. What is your marital status?

■ Single

■ Married

■ Separated

■ Widowed

4. What is your monthly family income?

■ P5,000 or less

■ P5,001 - P10,000

■ P10,001 – P20,000

■ P20,001 - P30,000

■ 30,001 or more

5. What is your employment status?

■ Employed full time

■ Employed part-time

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Self-employed

■ Unemployed

■ Student

6. What is the highest level of education you have completed?

■ Elementary

■ High school

■ Senior High School

■ College Level

■ College Graduate

■ Graduate Studies

I. Market acceptance, 4 Ps of Marketing and Unique Selling Proposition.

Direction: Please make tick mark in circles for selection of options.

1. Where do you mostly prefer to eat?

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Home

■ Stall/Kiosk

■ Cafeteria

■ Fast Food

■ Restaurant

■ Other

2. How often do you eat out on a weekly basis?

■ 1-2 times

■ 3-4 times

■ 5-6 times

■ 7 times or more

3. What time of the day are you most likely to purchase food?

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Morning (6:00am - 9:00am)

■ Mid- Morning Merienda (9:00 am - 11:00 am)

■ Lunch time (11:00am - 1:00pm)

■ Afternoon Merienda (2:00 pm - 4:00 pm)

■ Dinner (6:00pm - 8:00pm)

■ Late Night (8:00pm - 11:00pm)

4. How would you like your food to be served?

■ Craft box

■ Paper wrapped

■ Stackable Containers

■ Microwaveable containers

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Other

5. What do you consider when purchasing a food?

■ Vegetarian

■ Lactose free

■ Gluten-Free

■ Vegan

■ None

6. What do you prefer the most when buying food?

■ Imported source produce

■ Locally sourced produce

■ Locally sourced meat and seafood

■ Organic

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Gluten-free

■ No artificial growth hormones

■ No preservatives

■ Other please specify:

7. Which types of food and drinks would you be most likely to purchase?

■ Hamburgers

■ Cold/Hot Sandwiches

■ Burrito

■ Fries

■ Tacos

■ Chaofan with toppings: roast beef, sausage, glazed chicken, ham,

pork

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Shawarma Rice

■ Fried/Steamed dumplings

■ Siomai Rice

■ Silog meals (Tapsilog, Hotsilog, Porksilog, Chicksilog, Tocilog,

longsilog)

■ Sizzling sisig

■ Alcoholic beverages (Beer, Wine, Brandy, Cocktail, Whiskey)

■ Carbonated drinks (Coke, Sprite, Royal, Merinda and Pepsi)

■ Fruit Tea

8. What is the most you would be willing to spend at a food truck for a

meal including the side dish and drink?

■ P100 and below

■ P101 - P200

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ P201 - P300

■ P301 - P400

■ P401 and above

9. What factors would you consider in patronizing food truck business?

 How it looks

■ Customer Service

■ Quality of Food

■ Quantity of Food

■ Type of Food

■ Price

■ Speed of Service

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

■ Proximity

10. Where do you think food trucks should be allowed to locate in the

town?

■ On any public street

■ On public streets only in certain locations

■ At private scheduled events only

■ At specific off street locations in partnership with the property owner

■ At special events sponsored by the Town

11. . What media platforms do you usually use when locating Food stalls?

 Facebook

 Instagram

 Twitter

 Youtube

 Pinterest

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J.P. Rizal St. Paete, Laguna

 Other

12. Do you prefer customizing your own food order?

■ Yes

■ No

13. How likely are you to recommend live band session and arcade station

on Food truck business?

■ Extremely Likely

■ Likely

■ Not at all likely

Comments and Suggestion

______________________________________________________________

______________________________________________________________

_____________________________________________________________

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Market Research Results, Findings, and Analysis

The researcher conducted the survey through Google form with a total

number of 132 respondents residing in Paete and nearby areas. The data

captured from the target audiences was analyzed, evaluated and converted

into percentages and collated in the form of graphs to make the data

presentation meaningful. The data was analyzed according to the research

questions posed earlier in the research.

Section I: Demographic Profile

In this section, the sex distribution, age distribution, marital status,

monthly family income, employment status, and educational attainment of the

research population is discussed.

Sex Distribution

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

The figure above illustrates the classification of sex of the respondents,

the Y axis indicates male and female while on the x axis presents the number

of respondents.

With the reference to the graph it was indicated that, the majority of the

respondents who take the survey were females with 90 (68.2%) and the rest

are males with 42 (31.8%). The results can be used by Chief Cave to

conclude that most of its prospective customers were possibly females.

Age Distribution

Meanwhile, the graph shows the age group of the respondents and

are presented on the in chronological order starting from the lowest age

group 15-24, 25-34, 35-44 down to the highest age group of 45-54 and 55+

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

The majority of the respondents presented 93 (70.5%) were in the age

group of 15-24 years, followed by 27 (20.5%) in the 25-34 age group and 9

(6.8%) in the 35-44 age group. Only 2 (1.5%) of the respondents were in the

age group of 45-54, the same with the age group 55+ with only 2 (1.5%).

Customers from different age group have a significant difference in perception

of satisfaction and price of the food bought from various stores and based on

the graph, most of the target market of the company is in the age group of 15-

24. This could help the company understand the different perception of

customers to provide and meet their expectations.

Marital Status

The respondent marital status is depicted in the graph above. The

status of the respondents are classified as: single, married, separated, and

widowed.

The figure show that 117 (88.6%) of the respondents were single and

14 (10%) were married. There is no separated from the respondents as it

shows 0 (0%) and only one 1 (0.8%) is widowed. Satisfaction is vital and is a

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Paete Science and Business College, Inc.
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key to the survival and profit to the performance of the business and the

status of the respondents has a great influence on the company’s growth and

success.

Monthly Income

The researcher also include the monthly income from the demographic

profile of the respondents and is categorized into different ranges starting

from P5,000 or less, P5,001 - P10,000, P10,001 - P20,000, P20,001 -

P30,000, and P30,000 or more.

This is an important finding in the understanding of the demographics

of the respondents and the result highlights that 41 (31.1%) of the total

population of respondents monthly family income were less than P5,000 and

then followed by 36 (27.3%) for P5,001 - P10,000 monthly income, 25

(18.9%) for P10,001 - P20,000 monthly income, 19 (14.4%) for P20,001 -

P30,000 monthly income and lastly, 16 (12.1%) for P30,001 or more monthly

income. This results allows the business to analyze the buying capacity and

behavior of its prospective customers based on their monthly family income

Employment Status

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J.P. Rizal St. Paete, Laguna

Evidently, one of the important factor to consider is the employment

status of the respondents to gain deeper insight of their profile and as it may

help the company in segmentation and decision making process . The

employment status are classed into: employed full time, employed part-time,

self-employed, unemployed, and student.

From these result, it is clear that most of the respondents were student with

90 (68.2%) followed by employed full time with 20 (15.2%) and employed

part-time with 9 (6.8%). Only 8 (6.1%) are self-employed, the same with

unemployed with 8 (6.1%). The company may therefore conclude that the

majority of its market is mostly students so their preferences will be given

more value as a customer.

Educational Attainment

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To further evaluate the demographics of the target market, the

company also included the educational attainment of the respondents that is

classed from Elementary, High School, Senior High School, College Level,

College Graduate, and Graduate Studies.

According to the graph, College level has the highest number of

percentage garnering a total number of 60 (45.5%) followed by Senior High

School with 35 (26.5%), while there are 21 (15.9%) for College Graduate

High School with 13 (9.8%), Graduate studies with 4 (3%), and the remaining

3 (2.3%) are from respondents who attain Elementary. The results confirms

that most of the target audience has attain College level which could help the

company to conclude and assess their profiles as a potential customer.

Section II: Market acceptance, 4 Ps of Marketing and Unique Selling

Proposition

In this section, the questions are arranged carefully and classified into

three categories: Market Acceptance, Product, Price, Place, Promotion, and

the Unique Selling Proposition

Question no. 1. Where do you mostly prefer to eat?

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

The company would like to gain insights on customers, they include

question about dining location preferences and behavior. These locations

were categorized as Home, Stall/kiosk, Cafeteria, Fast Food, and Restaurant.

Since Chief cave is going to be the very first Food truck in town. It is important

to conclude the preferred location of customers for dining.

The majority of the respondents indicated that they prefer to eat on

their Homes as it gain 117 (88.6%) total responses and is followed by Fast

food with 41 (31.1%) while Cafeteria has gained 18 (13.6%) and Restaurant

with 17 (12.9%). However, Only 11 (8.3%) of the total responses has gained

by Stall/Kiosk. 1 (0.8%) specify that they prefer to eat anywhere beased on

their mood. These results can help the company assess the needs and wants

of customers and evaluate the perfect schedule for moving to other nearby

towns.

Question no. 2. How often do you eat out on a weekly basis?

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

In relation to the first question, the company also include the question

about their pattern of eating out in a weekly basis and is classed into four: 1-2

times, 3-4 times, 5-6 times, and 7 times or more. This further helps the

company to assess and evaluate the buying pattern of customers which could

be beneficial for the food truck schedule, inventory and other services.

According to the graph, the respondents manifested that 78 (59.1%)

eat out 1-2 times on a weekly basis, followed by 3-4 times with 45 (34.1%), 5-

6 times with 6 (4.5%) and lastly 5 (3.8%) for 7 times or more. These results

can be used to further conclude the demand and supply of the company.

Question no. 3. What time of the day are you most likely to purchase

food?

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Meanwhile, to better understand the buying behavior of customers, the

company also included the question about their preferred purchasing

schedule in a day and this is categorized as : Morning, Mid-Morning

Merienda, Lunch time, Afternoon Merienda, Dinner and Late Night.

Based on the result from the graph, it can be seen that their buying

pattern varies. Most of the respondents prefers to purchase every afternoon

merienda (2:00 pm-4:00 pm) with 71 (53.8%) of responses followed by Lunch

time with 32 (24.2%). while Mid-Morning Merienda has gained 27 (20.5%) of

responses and 26 (19.7%) for Dinner, however, late night has gained 23

(17.4%) of responses and only 16 (12.1%) for Morning. This could help the

company evaluate not only the buying behavior of customer but its schedule

also to be able to gain fair profit margin.

Question no. 4. How would you like your food to be served?

The materials used to serve foods plays a vital role in the food industry

as it helps not only the preservation of food quality but also the environment.

The company then included the question that ask about their food packaging

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Paete Science and Business College, Inc.
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preferences and is classified as : Craft box, paper wrapped, stack-able

containers, and microwavable containers.

From the results in the graph above, it is clear that the Microwaveable

containers got the most responses with 51 (38.6%) followed by Craft Box with

48 (36.4%) while Stackable containers gained 36 (27.3%) of total responses

and 28 (21.2%) for Paper Wrapped. However, 1 (0.8%) indicated that they

prefer to eat in actual or ceramic plates with spoon and fork and also 1 (0.8%)

specified that they prefer any of the choices. This does not only help the

company to consider the preference of customers when it comes to food

packaging but also helps build and be part for creating a sustainable

environment.

Question no. 5. What do you consider when purchasing a food?

Taken into consideration are the factors that may affect the customers

dietary restrictions. The company included the question about considerations

when purchasing a food and is classifies as: vegetarian, Lactose Free,

Gluten-free, Vegan and None.

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Paete Science and Business College, Inc.
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According to the results, Most of the respondents doesn’t really

consider any of the other choices when purchasing a food as the response

“none” gained a total number of 71 (54.5%) however, 51 (38.6%) of the

respondents are vegetarian, followed by 14 (10.6%) for lactose free and 10

(7.6%) for gluten-free. On the other hand, Only 5 (3.8%) of the respondents

consider vegan when purchasing a food. This data of information can help the

company evaluate the things that need to consider when it comes to dietary

restriction of customers to be able to provide quality produce foods and

services as it may affect the demand and supply of the business

Question no. 6. What do you prefer the most when buying food?

In relation to the previous question, the company ask the preference of

customers in regards with the type of raw materials used in the process of

food preparation and is classified as: imported source produce, locally source

produce, locally sourced meat, and seafood, organic, gluten-free, no artificial

growth hormones, and no preservatives.

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Paete Science and Business College, Inc.
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Apparently, the result from the graph stated that 63 (47.7%) of the

respondents prefer Locally source produce and followed by locally sourced

meat and seafood with 48 (36.4%), moreover, the organic has gained a total

number of 42 (31.8%) responses while 35 (26.5%) of response has gained by

no preservatives option, however, the imported source produce also get a

higher response rate with 26 (19.7%) while no artificial growth hormones got

14 (10.6%). the remaining 4 (3%) goes with Gluten-free. On the other hand,

some of the respondents specified that they prefer any from the said options

having 1 (0.8%) and also 1 (0.8%) responses for taste and deliciousness. As

the company promotes and support locally owned materials, having an

imported source produce could be a great advantage in the market as it may

provide different quality and could be a part of the company’s unique selling

proposition. The respondents preference can greatly help to the company’s

success so it is important to conclude which type of raw materials is best for

the company.

Question no. 7. Which types of food and drinks would you be most likely
to purchase?

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Paete Science and Business College, Inc.
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As a part of marketing mix, the company provides an insight of the

different food and drink formats which the company may offer to the

respondents and this are as follows: Hamburgers, Cold/hot sandwiches,

Burrito, Fries, Tacos, Chaofan with toppings, Shawarma Rice, Fried/steamed

dumplings, Siomai Rice, Silog Meals, Sizzling Sisig, Alcoholic beverages,

carbonated drinks, and Fruit Tea.

Base on the graph, it is clear that customers food and drink

preferences varies and it can be seen that the majority of the respondents

prefer Hamburgers having 77 (58.3%) of responses followed by Silog Meals

with 75 (56.8%), and Fries with 69 (52.3%), Meanwhile, 66 (50%) has gained

by Chaofan with toppings and 56 (42.4%) for Sizzling sisig. The graph further

stated that 54 (40.9%) of the respondents preferred Carbonated Drinks and

53 ( 40.2%) for Fruit tea. While other food formats such as siomai rice has

gained a total number of 50 (37.9%), Shawarma rice with 38 (28.8%),

Cold/hot sandwiches with 34 (25.8%), while Burrito got 32 (24.2%) and 29

(22%) for Tacos. Moreover, fried/steamed dumplings and alcoholic beverages

got the same total of responses which is 24 (18.2%). hence, this result allows

the company to create efficiency by having the right amount of supply based

on the demand and preference of customers.

Question no. 8. What is the most you would be willing to spend at a food
truck for a meal including the side dish and drink?

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Paete Science and Business College, Inc.
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In line with the company’s objective which is to provide a delectable

food selection, the company also aims to introduce and offer products and

services with fair prices to be able to create more brand awareness to gain

advantage and outgrew its competitors. The company included a question in

the survey that ask the total amount of money they are willing to spend for a

meal including side dish and drink, the options ranges from P100 and below,

P101-P200, P201- P300, P301-P400, and P401 and below.

The result of the survey shows that large number of respondents expressed

that their buying capacity ranges from P101-P200 by having 56 (42.4%) of

total responses followed P100 and below garnering a total of 55 (41.7%)

responses, while the amount ranging from P201-P300 has gained 24 (18.2%)

and 6 (4.5%) for P301-P400. Only 1 (0.8%) responded for P401 and above.

This result could help the company conclude the buying capacity of the

customers which may affect the sales and profit of the company.

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Question no. 9. What factors would you consider in patronizing food

truck business?

It is important to consider all the factors that could help with the survival

of the business and the company further evaluate the features or attributes

that a business needs to be able to capture the minds and loyalty of

customers and this are classed as: how it looks, customer service, quality of

food, quantity of food, type of food, price, speed of service and proximity.

Consequently, in respect with the reference in the graph, most of the

respondents expressed that the most important factor for patronizing Food

truck business is the Quality of food as it gained 117 (88.6%) of total

responses and then followed by Price having a total number of 75 (56.8%),

while Customer Service has gained 70 (53%) total responses. Moreover, the

looks of the food truck seems to have a great impact on customers as it

gained 42 (31.8%) responses and then followed by Speed of service having

41 (31.1%), Quantity of Food with 40 (30.3%), Type of Food with 37 (28%)

and lastly Proximity with 21 (15.9%). Through continuous innovation from

these factors, the company will likely to achieve maturity and gained customer

loyalty which could greatly affect its success.

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Paete Science and Business College, Inc.
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Question no. 10. Where do you think food trucks should be allowed to
locate in the town?

Food truck businesses can be obstructing as it consume too much

space along the road which can cause heavy traffic. The company then

included question that could help analyze the appropriate location for food

truck business and this are classified as : on any public street, on public street

only in certain location, at private scheduled events only, at specific off street

location in partnership with the property owner, and at special events

sponsored by the town.

The majority of the respondents stated that food truck should be

allowed on public street only in certain location with a total number of 71

(53.8%) followed by On any public street with 52 (39.4%) of total responses,

while there are 22 (16.7%) responded that it should be at specific off street

location in partnership with the property owner and 16 (12.1%) for at special

events only sponsored by the town. However, only 3 (2.3%) responded that it

should be allowed at private events scheduled only. Location has a significant

role and is one of the most important to consider when establishing a food

truck business, with the help of the result from the graph, the company can

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Paete Science and Business College, Inc.
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assess the possible condition of the area to be able to provide excellent

service to customers.

Question no. 11. What media platforms do you usually use when
locating Food stalls?

As a part of the promotional strategy of the company and to create

brand awareness and gain more customer engagement, the company

included the question about which media platforms the customers will be

using to locate the food truck and this are classified as: Facebook, Instagram,

Twitter, Youtube, and Pinterest.

Subsequently, the graph shows that a large part of the respondents

expressed that they will be using one of the biggest media platform nowadays

which is the Facebook as it gained 128 (97%) of total responses followed by

Instagram with 39 (29.5%) and then Youtube having 18 (13.6%), meanwhile,

8 (6.1%) responded for twitter and only 4 (3%) for pinterest. As the company

aims to reach more people by moving from town to town, it is also important to

be known on media platforms as it is one of the tools that most of the people

used today and it could greatly help the company for further innovations and

can be use to recognize its competitors.

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J.P. Rizal St. Paete, Laguna

Question no. 12. Do you prefer customizing your own food order?

In relation to the company’s unique selling proposition, one of it’s

unique features to be offer is the customization of their food orders. The

company added a question about the perception of respondents towards food

order customization which is answerable by yes or no.

Base on the result from the graph, it is clear that the majority of the

respondents is in favor nor preferred their food orders to be customize by

themselves as it gained a total number of 100 (75.8%) responses while 32

(24.2%) for no. The company want the customer to have the best and

memorable experience as they purchase on the food truck and this results

can help the company further analyze its proposition for further improvements

which could be beneficial not only for customers but also for the company.

Question no. 13. How likely are you to recommend live band session

and arcade station on Food truck business?

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Paete Science and Business College, Inc.
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Apparently, the company would also like to know more about the

perception of customers in regards to its another unique selling proposition

which is having a live band session and an arcade station on the food truck to

be able to understand if this extras can help the company boost its sales and

engagements.

Thus, the result shows that the greater number of prospective

customers responded extremely like with 68 (50%) while likely has gained a

total number of 59 (44.7%) responses, meanwhile not all likely has gained 9

(6.8%) total responses. The result can be concluded that live band session

and arcade station is a great idea since it is a rare experience to have in a

food truck business and it creates a more comfortable and unique ambience

for the business.

Comments and Suggestions

After the compilation of all the comments and suggestions of the

respondents from the survey, the researcher determined that 35% of the

respondents gave comments and suggestions,Thus, most of their comments

and suggestions pertains to Location and food packaging. This can be used

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for further improvements of concepts and ideas for the company to exceed

the satisfaction of customers.

Projected Demand

Table 1. Projected Demand for Cold/Hot Sandwiches

Projected Demand for Cold/Hot Sandwiches

Projected Demand (Per Piece)

Products Daily Weekly Monthly Yearly

Po'Boy Sandwich 19 133 532 6384

Cuban Sandwich 15 105 420 5040

Total 34 238 952 11424

Table 2. Projected Demand for Burrito

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Paete Science and Business College, Inc.
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Projected Demand for Burrito

Projected Demand (Per Piece)

Products Daily Weekly Monthly Yearly

Shawarma 14 98 392 4704

Crispy Chicken 6 42 168 2016

Grilled Chicken 8 56 224 2688

Glazed Chicken 4 28 112 1344

Total 32 224 896 10752

Table 3. Projected Demand for Chaofan

Projected Demand for Chaofan

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Pork 11 77 308 3696

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Paete Science and Business College, Inc.
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Ham 13 91 364 4368

Beef 8 56 224 2688

Sausage 11 77 308 3696

Dumplings 12 84 336 4032

Chicken 9 63 252 3024

Total 64 448 1792 21504

Table 4. Projected Demand for Hamburgers

Projected Demand for Hamburgers

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Hamburger 77 539 2156 25872

Total 77 539 2156 25872

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Paete Science and Business College, Inc.
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Table 5. Projected Demand for Sizzling Sisig

Projected Demand for Sizzling Sisig

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Sizzling Sisig 56 392 1568 18816

Total 56 392 1568 18816

Table 6. Projected Demand for Alcoholic Beverages

Projected Demand for Alcoholic beverages

Projected Demand (Per Piece)

Products Daily Weekly Monthly Yearly

Beers 7 49 196 2352

Cocktails 6 42 168 2016

Whiskey 6 42 168 2016

WIne 5 35 140 1680

Total 24 168 672 8064

Table 7. Projected Demand for Carbonated Drinks

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Projected Demand for Carbonated Drinks

Projected Demand (Per Piece)

Products Daily Weekly Monthly Yearly

Coke 14 98 392 4704

Pepsi 9 63 252 3024

Royal 10 70 280 3360

Sprite 14 98 392 4704

Merinda 7 49 196 2352

Total 54 378 1512 18144

Table 8. Projected Demand for Fruit Tea

Projected Demand for Fruit Tea

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Mango 11 77 308 3696

Avocado 8 56 224 2688

Lychee 13 91 364 4368

Strawberry 14 98 392 4704

Lemon 7 49 196 2352

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Total 53 371 1484 17808
Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Table 9. Projected Demand for Shawarma Rice

Projected Demand for Shawarma Rice

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Shawarma Rice 38 266 1064 12768

Total 38 266 1064 12768

Table 10. Projected Demand for Siomai Roce

Projected Demand for Siomai Rice

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Pork 16 112 448 5376

Chicken 21 147 588 7056

Seafood 13 91 364 4368

Total 50 350 1400 16800

Table 11. Projected Demand for Fries

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Paete Science and Business College, Inc.
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Projected Demand for Fries

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Yuca Fries 69 483 1932 23184

Total 69 483 1932 23184

Table 12. Projected Demand for Fried/Steamed Dumplings

Projected Demand for Fried/Steamed Dumplings

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Pork 15 105 420 5040

Seafood 9 63 252 3024

Total 24 168 672 8064

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Paete Science and Business College, Inc.
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Projected Demand for Silog Meals

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Tapa 9 63 252 3024

Longganisa 6 42 168 2016

Tocino 12 84 336 4032

Hotdog 7 49 196 2352

Fried Chicken 16 112 448 5376

Pork 10 70 280 3360

Combo Meals 1 9 63 252 3024

Combo Meals 2 6 42 168 2016

Total 75 525 2100 25200

Table 14. Projected Demand for Tacos

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Paete Science and Business College, Inc.
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Projected Demand for Tacos

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Tacos 29 203 812 9744

Total 29 203 812 9744

Projected Supply

Table 15. Projected Supply for Cold/Hot Sandwiches

Projected Supply for Cold/Hot Sandwiches

Projected Supply (Per Piece)

Products Daily Weekly Monthly Yearly

Po'Boy Sandwich 8 56 224 2688

Cuban Sandwich 9 63 252 3024

Total 17 119 476 5712

Table 16. Projected Supply for Burrito

Projected Supply for Burrito

Projected Supply (Per Piece)

Products Daily Weekly Monthly Yearly

Shawarma 6 42 168 2016

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Paete Science and Business College, Inc.
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Crispy Chicken 4 28 112 1344

Grilled Chicken 2 14 56 672

Glazed Chicken 4 28 112 1344

Total 16 112 448 5376

Table 17. Projected Supply for Chaofan

Projected Supply for Chaofan

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Pork 6 42 168 2016

Ham 8 56 224 2688

Beef 4 28 112 1344

Sausage 4 28 112 1344

Dumplings 6 42 168 2016

Chicken 5 35 140 1680

Total 33 231 924 11088

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Table 18. Projected Supply for Hamburgers

Projected Supply for Hamburgers

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Hamburger 39 273 1092 13104

Total 39 273 1092 13104

Table 19. Projected Supply for Alcoholic Beverages

Projected Supply for Alcoholic beverages

Projected Supply (Per Piece)

Products Daily Weekly Monthly Yearly

Beers 5 35 196 2352

Cocktails 2 14 56 672

Whiskey 3 21 84 1008

WIne 2 14 56 672

Total 12 84 392 4704

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Paete Science and Business College, Inc.
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Table 20. Projected Supply for Carbonated Drinks

Projected Supply for Carbonated Drinks

Projected Supply (Per Piece)

Products Daily Weekly Monthly Yearly

Coke 7 49 196 2352

Pepsi 5 35 140 1680

Royal 5 35 140 1680

Sprite 6 42 168 2016

Merinda 4 28 112 1344

Total 27 189 756 9072

Table 21. Projected Supply for Fruit Tea

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Paete Science and Business College, Inc.
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Projected Supply for Fruit Tea

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Mango 6 42 168 2016

Avocado 4 28 112 1344

Lychee 7 49 196 2352

Strawberry 6 42 168 2016

Lemon 4 28 112 1344

Total 27 189 756 9072

Table 22. Projected Supply for Shawarma Rice

Projected Supply for Shawarma Rice

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Shawarma Rice 19 133 532 6384

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Paete Science and Business College, Inc.
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Total 19 133 532 6384

Table 23. Projected Supply for Siomai Rice

Projected Supply for Siomai Rice

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Pork 8 56 224 2688

Chicken 10 70 280 3360

Seafood 7 49 196 2352

Total 25 175 700 8400

Table 24. Projected Supply for Fries

Projected Supply for Fries

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Yuca Fries 35 245 980 11760

Total 35 245 980 11760

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Table 25. Projected Supply for Fried/Steamed Dumplings

Projected Supply for Fried/Steamed Dumplings

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Pork 7 49 196 2352

Seafood 5 35 140 1680

Total 12 84 336 4032

Table 26. Projected Supply for Tacos

Projected Supply for Tacos

Projected Supply (Per order)

Products Daily Weekly Monthly Yearly

Tacos 15 105 420 5040

Total 15 105 420 5040

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Table 27. Projected Supply for Silog Meals

Projected Demand for Silog Meals

Projected Demand (Per order)

Products Daily Weekly Monthly Yearly

Tapa 7 49 196 2352

Longganisa 3 21 84 1008

Tocino 6 42 168 2016

Hotdog 4 28 112 1344

Fried Chicken 6 42 168 2016

Pork 5 35 140 1680

Combo Meals 1 4 28 112 1344

Combo Meals 2 3 21 84 1008

Total 38 266 1064 12768

I. Demand and Supply Analysis

With reference to the statistical data from the research survey, The

company further concludes the short-term forecasting of demand and supply

for each product. The number of responses from the survey conducted is to

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set as the basis for actual and daily market demand and supply to be able to

project the time series. According to the estimation process, Po'boy

Sandwich and Cuban sandwiches' projected demand has gained 34 pcs daily,

238 weekly, 952 monthly, and 11424 annually, the supply would be 17 for

daily,119 weekly, 476 monthly, and 5,712 annually

Meanwhile, the projected quantity demanded and supplied for a burrito

will have 32 pcs daily, 224 weekly, 896 Monthly, 10,752 yearly and 16 pcs

daily, 112 weekly, 448 monthly, and 5,376 annually for supply. The company

further assumes that the demand for Chaofan has 64 per order daily, 448

weekly, 1,792 monthly, and 21,504 annually while 33 daily, 231 weekly, 924

monthly and 11,088 yearly for supply . However, the hamburger has gained

the highest percentage from the survey research as it garners 77. The

company, therefore, concludes that the market demand will be 77 pcs daily,

539 weekly, 2,156 monthly, and 25,872 yearly, the supply would be 39 daily,

273 weekly, 1,092 monthly, and 13,104 annually. Moreover, the daily

projected demand and supply for Sizzling Sisig is 56 per order, 392 for

weekly, 1,568 for monthly, and 18,816 for yearly and for the supply would be

28 daily, 196 weekly, 784 monthly, and 9,408 annually and for Alcoholic

Beverages would be 24 pcs daily 168 weekly, 672 monthly, and 8,064 yearly

while the estimated supply would be 12 for daily, 84 weekly, 392 monthly, and

4,704 yearly. For Carbonated drinks, the forecasted demand would be 54 pcs

daily, 378 weekly, 1,512 monthly, and 18,144 annually, and the forecasted

supply would be 27 daily, 189 weekly, 756 monthly, and 9,072 yearly and for

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fruit tea, the daily market would be 53 pcs, 371 weekly, 1,484 monthly, and

17,808 yearly while the supply would be 27 daily, 189 weekly, 756 monthly,

and 9,072 yearly. Other than that, the possible quantity demanded Shawarma

rice would be 38 orders daily, 266 weekly, 1,064 monthly, and 12,768

annually and the quantity supplied would be 19 daily, 133 weekly, 532

monthly, and 6,384 annually and for Siomai rice would be 50 orders daily, 350

weekly, 1,400 monthly, and 16,800 yearly while the estimated supply is 25

daily, 175 weekly, 700 monthly, and 8,400 yearly. In addition, the demand for

fries would be 69 orders daily, 438 weekly, 1,932 monthly, and 23,184

annually and the supply would be 35 daily, 245 weekly, 980 monthly, and

11,760 yearly . The estimated market demand for fried/steamed dumplings

would be 24 orders daily, 168 weekly, 672 monthly, and 8,064 yearly and the

estimated supply would be 12 daily, 84 weekly, 336 monthly, and 4,032

yearly. The total forecasted demand for Silog meals would be 75 orders daily,

525 weekly, 2,100 monthly, and 25,200 annually and the estimated supply

would be 38 daily, 266 weekly, 1,064 monthly, and 12,768 annually, and

finally, for tacos, the projected demand would be 29 orders daily, 203 weekly,

812 monthly 9,744 annually while the projected supply would be 15 daily, 105

weekly, 420

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monthly, and 5,040 annually. This projection for demand can help the

company further analyze and evaluate the market's changing condition, which

could affect the growth and success of the business.

Marketing and Promotion

The company will be using various media platforms such as Facebook,

Instagram, Twitter, and Youtube to advertise the products and the services it

offers, the company will also create valuable contents as a part of its

marketing strategy with the help of content creators and influencers to be

able to create a stronger brand image. Aside from that, the company will also

offer referral program as we believes that the word-of-mouth is the strongest

promotion strategy. On the other hand, as a part of its promotional strategy,

the company will be creating a contest and will include reward cards for

discounts. This could help the company gain customer loyalty and for its

growth and success.

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Conclusion

The continuous innovation of Food truck businesses leads to growth

and success over the past centuries as the food sector had faced an increase

in competition due to the never ending changes in customers preferences.

This research presented the establishment of a food truck in Paete and

nearby towns with its primary objective: to provide distinct services and a wide

variety of delectable food that caters to the needs and wants of customers.

Also, by promoting local and international cuisine and being part of the

movement for a sustainable environment through eco-friendly packaging.

The analysis of survey data obtained in this research shows that one of

the crucial parts that need to consider is the appropriate location for food

trucks as it may obstruct the road and affect the flow of traffic in the area and

other factors which serve as the weaknesses of any food truck businesses. As

a result, the company included a question that asks which specific and

appropriate location is best for a food truck to be able to provide better

services and address the possible worst-case scenario and meet the

preferences of customers.

The company hopes that this research could help the business in

creating brand image, awareness, and impact to the minds of the customers

as it provides their needs and wants and by sharing its values and aims in

making a better society and for contributing to the economy.

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Paete Science and Business College, Inc.
J.P. Rizal St. Paete, Laguna

Recommendation

The survey results showed that a wide variety of products or services

may require huge spaces for a food truck business and might affect the

inventory of supply and lead to a decrease in sales. The company, therefore,

concludes to lessen the amount of supply which is seen from the analysis and

have additional space for food storage to be able to maintain and meet the

demand of prospective customers and target market.

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