Professional Documents
Culture Documents
The best and tastiest bread known in the bread and pastry industries is what Our
Bite Bake Shop sells. Customers adore and anticipate it. After our break, we
shall serve the public. Let our tasty bread satisfy their appetite. Additionally, our
business will seek out customers so they can continue to admire our service and
mouthwatering bread. Achieving the expected profit and revenue, global
business expansion, and the creation of more diverse branches around the world
are significant business development milestones.
Our business requires the property to erect a building, and we also need space in
the mall to erect a shop. These tools, along with other baking supplies and
equipment, are required. We require employees, cashiers, bakers, etc., in human
resources. Regarding financial resources, we require an established financing
fund, production facilities, and marketing facilities. We need a specific permit to
operate records for inspection since it will bury our firm's strong paper, but any
issue can be resolved because our company is complete.
A. Vision/Mission Statement
Mission
Our goal is to provide fantastic baked goods and excellent customer service at a
price that encourages repeat business and allows customers to enjoy their time
in the store. At Bike Bakeshop, we're committed to providing the locals where
we're located with a variety of freshly made, mouthwatering bread. Our goal is to
provide the greatest and highest-quality items while also upholding our social
obligations.
Vision
Our goal is to establish ourselves as the leading firm in the baking sector and
other associated food and beverage sectors, renowned and imitated for our top-
notch goods that satisfy customers. To strengthen our brand, Bite Bakeshop will
dominate every neighborhood in the country. We'll also keep innovating and
creating new bread variations. We recognize that oppression in all its
manifestations, such as the exploitative and dehumanizing relationships imposed
by the capitalist system, the dominance of a destructive and profit-driven
industrial food system globally, sexism, racism, heterosexism, transphobia,
ableism, and classism, places restrictions on people's access to food.
A. Industry Analysis
The bread and pastry industry has become widespread in our country, and
different styles, tastes, and production have made them innovate to gain the
attention and taste of their customers. Filipinos love to eat bread and buy cakes
because they love celebrating every occasion. That's also why the industries of
bread and pastry are becoming more popular in the world. That's also why we
came up with our business bite bakery for those reasons.
*BREAKDOWN OF DEMAND - The demand for this business will break down
occasionally if the demand is high. Furthermore, the demand for the product daily
is high in the morning.
*PRICE- The price will run from 5–50 pesos, depending on what bread they take.
*CONSUMER- Our customer is all people because it does not need to sell to
particular people.
The important customer needs the market is not currently fulfilling are our control,
information, and accessibility. The business does not have any customer
empowerment by returning the product or service to the bake shop. We don’t
give much information on how to make the product, but on the other hand, we
give the product's name, and the last one is accessibility. We don't give
customers access to our business, but we give them access by calling us to
purchase a product.
The opportunities that our firm is facing are the products that have been selling
everywhere, but they put different things on them and innovate on them in their
own way. The challenges that our firm is facing are the copying of the product
that we own.
Who is your competition?
The competition for our business is small bakeshops like Lemon Drop, Rose
Bakery, and Julie’s Bakery. The more considerable competition is Goldilocks,
Red Ribbon, etc., because those businesses are in the bread and pastry
industry.
The relevant in our business are creative pieces of bread that have recently
become relevant. The majority of trends are those with characterized bread from
their fictional hero or imagined idea they get in their head.
What are the drivers of change?
Drivers of Change is the visual record of our market plan and a tool for
developing business strategy. As we develop business strategies to innovate
more new products or tastes to purchase and continue to explore leading factors
that will affect our world in the future,
What political and legal issues do you face, such as zoning, environmental laws,
inspections, etc.?
The political and legal issues we might face in our business are taxes, health and
safety standards, baking methods, environmental laws, waste, and the smoke
from the bakery while baking.
C. Customer Analysis (segmentation)
Who will be your customers?
Bite bakery is a savory bread that people love at the first bite. We sell it to
everybody because we have no particular target customers. As the bakery has
become popular in the country, customers are beginning to grow and purchase
our products. This product is suitable for everybody that loves bread.
Bite bakery, a bread and pastry shop, sells a variety of delicious sweet and
savory loaves of bread for our customers to choose from.
Our products and services satisfy the hunger and cravings of our customers
because we serve bread and pastries that they would love.
The Bite bakery's sales strategy is well-known within the bread and pastry sector.
We concentrate on bringing in clients and learning about new bread flavors. It is
always our intention to try out new flavors.
The Bite bakery's sales strategy is well-known within the bread and pastry sector.
We concentrate on bringing in clients and learning about new bread flavors. It is
always our intention to try out new flavors.
One of the three extra Ps in the marketing mix is people. Even if an entrepreneur
solely offers physical things, people are still essential to serving customers in the
modern marketing environment. With the proliferation of several rival goods and
services, one of the key differentiators is how people, or employees, improve the
lives of their clients. The level of customer service provided by personnel is
becoming more important than only the quality of the items. Employees now
have a significant impact on customers' purchasing decisions. We have no
specific target market, so we will offer them to anyone. Due to the high
population density in these locations, we will market and sell our goods in
barangays, schools, and malls. The service delivery process, service providers,
and tangible proof are all covered by the bite bakeshop.
We'll use the open market since we're willing to serve every consumer we have.
The payment process will take place over the counter, but we'll also accept credit
cards and debit cards from customers.
In every segment of the bread and pastry industries, Bite Bakery participates. To
please our clients, we talk about bringing them products. To stay competitive and
develop our company, we will keep on experimenting and innovating. In
comparison to others, the price is always fair. Additionally, we offer discounts as
you buy our products.
Bundling- when there is a massive demand for bread, there will be a discount on
the price of bread.
Competitive Pricing - we will do our best to make our bread more affordable than
our competitors.
Optional Pricing - when we can add extra bread or service on top of the original
to generate more revenue.