Chapter 3
Marketing Feasibility
This chapter consist of seven parts: (1) Market
Description, (2) Demand and Supply Analysis, (3) General
Marketing Practices, (4) SWOT Analysis, (5) Proposed
Marketing Plan, (6) Projected Sales, and (7) System and
Forms Design.
Part One, Market Description, describes the current and
potential demand of the product or service as well as the
characteristics of the buyers.
Part Two, Demand and Supply Analysis, describes the
present market demand (amount, volume, capacity) of the
products similar to the proposed product or services. It
also presents the present supply situation and the existing
service provider of the proposed services.
Part Three, General Marketing Strategies, describes the
prevailing marketing strategies used by existing businesses
with analogous products or services as the proposed
business. Part Four, SWOT Analysis, includes list of
strengths, weaknesses, opportunities and threats.
Part Five, Proposed Marketing Plan, describes the
marketing strategies that the proposed business will adopt
to overcome/circumvent the existing marketing strategies as
described in general marketing practices.
Part Six, Projected Sales, presents a projection of the
product sales for the next ten years considering the
prevailing and the forecasted market forces.
Part Seven, System and Forms Design, includes the
system of hiring, monitoring and evaluation of personnel.
Market Description
The target Market is identified into 2 groups
classified as demographics and psychographics. This includes
health-conscious individuals, vegans and vegetarians,
environmentally conscious consumers, animal lovers, people
with dietary restrictions or allergies and religious people
who are prohibited to eat meat and only Halal certified
restaurants and others with unique eating preferences.
Transitioning to a full-on vegetarian diet is
challenging, especially among major meat-consuming markets
here in the Philippines. But the tide is turning, with more
and more people subscribing to the growing plant-based
trend primarily of Millenial and Gen-Z diners. According to
research 42% of global consumers are willing to transition
to a meat-free lifestyle and 70% of the population interest
in meatless dishes.
The main reason for consuming plant-based food products
was due to its health benefits. 65% percent of Filipinos
consumed such food products for alternatives. That is
according to Rakuten insight, a survey conducted in 2021.
According to 2020 Census’s Demographic Profile of
Barangays, Baybay has the 2nd highest population percentage
in all 47 barangays in Roxas City. In the 2020 Census, the
population was determined to be 7,954,723 in Western
Visayas.
Casual Restaurants
A casual restaurant offers full-service dining, where
guests are seated and waited on by the server staff. But
unlike more formal dining rooms, casual restaurants provide
roomy, comfortable seating and a laid-back atmosphere. Menus
contain comfort foods and items that are tried and true. You
won't find experimental cuisine and trendy decor at a casual
restaurant. Diners, mom-and-pops, and many popular chain
restaurants are considered casual dining restaurants.
Demand and Supply Analysis
Whether motivated by health, environmental, or ethical
reasons, the number of vegans in the Philippines and
everywhere around the world is steadily increasing.
Regardless of the reasoning behind why a person may choose
to go vegan, the population alone is evidence enough
that veganism is more than just a trend. It’s a way of life,
and statistics suggest it is here to stay.
The Philippine plant-based population has reached new
heights in 2022. People have begun changing their
perspectives on the meat industry and how it
affects animals, people, and the planet. Businesses from
every sector are making vegan products more accessible than
ever. The plant-based food industry is booming as thousands
of new menu options drop every year.
The Philippines is projected to import more pulses and
other leguminous vegetables in the coming years as consumers
increasingly opt for a plant-based diet, a report by the US
Department of Agriculture (USDA) said. The USDA said the
imports of these commodities had expanded by 48 percent in
the past five years to $88 million in 2022.
Locally-produced pulses accounted for only 27 percent
(42,000 MT) of the country’s requirement in 2021 while the
remaining 73 percent (116,500 MT) came from abroad. The
report estimated the total market value of local and
imported pulses at $130 million or P7.11 billion.
In 2022 alone, the country imported 124,500 MT of pulses, up
6 percent. This was equivalent to $82 million (P4.48
billion). More than half of pulse imports went to food.
Munggo or mung beans and peas accounted for almost 90
percent of the total (111,000 MT).
The Philippines brought in almost 50,000 MT of mung
beans last year valued at about $40 million (P2.18 billion),
mainly procured by traders for food use. It also purchased
61,500 MT of peas totaling $34 million (P1.86 billion), 57
percent of which was utilized for food and 34 percent for
feeds. The importation of other dry leguminous vegetables,
excluding mung beans and peas, reached 13,000 MT amounting
to almost $9 million (P492.47 million), mostly kidney beans,
chickpeas and broad beans.
Moreover, the country brought in 4,300 MT of mixed
vegetables (typically a medley of peas, green beans, corn
and carrots); 5.5 MT of chickpea flour and 3,900 MT of
prepared beans, chickpeas and peas.
General Marketing Practices
Marketing plans and strategies varies from every
organization. This is primarily dependents on its
organizational goals and purpose.
Product
The proposed project will offer a variety of vegan and
plant-based products.
Breakfast
Tofu scramble
Although tofu is usually seen at breakfast and lunch,
it also deserves a spot on your restaurant’s breakfast menu
in the form of tofu scramble.
Avocado toast
A stereotypical favorite of Millennials, avocado toast
is a delicious and filling breakfast dish that’s
coincidentally vegan. For more color and flavor, it will be
served with tomato slices.
Plant-Based Pancakes
Although traditional pancakes contain eggs and milk,
the basic recipe can be modified very easily: the restaurant
will replace the cow’s milk with almond or soy and swap out
the egg for a bit of applesauce.
Chia Pudding
Chia pudding is easy to make: simply mix together
seeds, plant-based milk and flavorings and then chill in the
refrigerator for a few hours.
Lunch and Dinner
Rice Bowl
Although bowls of rice, vegetables and plant-based
protein may seem rather ordinary, they’re one of the best
vegan restaurant menu ideas because they appeal to 3 types
of customers: plant-based, health-conscious and gluten-free.
Cauliflower Tacos
Cauliflower’s crumbly texture, neutral flavor and low
cost make it the perfect substitute for ground beef in
tacos. For maximum flavor, the florets will be baked in the
oven and use a generous amount of taco seasoning.
Plant-Based Burgers
No vegan lunch menu would be complete without plant-
based burgers. Although options like the Impossible™ Burger
or the Beyond Burger® give customers the same flavor and
texture as meat, bean or lentil patties are not only popular
but also easy and inexpensive to make in house.
Coconut Curry
Translating traditional curries into plant-based
versions is easy. Instead of yogurt as a thickener, try
coconut milk. In place of meat, tofu or hearty vegetables
like sweet potatoes is will be the substitute.
Portobello Mushroom Steaks
Portobello mushrooms are the best steak substitute.
That is why VeganBite will put it in its menu. Vegan
portobello mushroom steaks will have a marinade of plant-
based Worcestershire sauce and smoked paprika to give them
an extra meaty flavor.
Ratatouille
This vegetable stew from France is another famous dish
that just so happens to be vegan. Full of tomatoes,
eggplant, onions, bell peppers and zucchini and seasoned
with spices like basil and thyme, ratatouille is both
flavorful and colorful.
Meatless Pasta Sauce
From lasagna to stuffed shells, meat sauce is used in a
lot of pasta dishes. If you’re looking for ideas on how to
make these menu items vegan, try replacing the meat with
extra vegetables. To mimic the texture of ground beef, try
adding grated carrots, shredded zucchini and chopped onions;
or, replace the meat with lentils or beans to really make
the sauce hearty.
Lentil Meatballs
These days, meatballs are enjoyed all over the world
and come in many different forms. But it’s believed that the
idea originated from Persian meatballs known as kofta.
The restaurant’s plant-based take on meatballs most closely
resembles the flavors of Italian-American meatballs which
are made with breadcrumbs and herbs.
Appetizers & Sides
Hummus
Since it can be made with chickpeas straight from the
can, hummus is perfect for busy kitchens that need to churn
out orders. VeganBites’ hummus has roasted carrots or
peppers that makes it more colorful and flavorful.
Chips & Salsa
Chips and salsa is another restaurant menu item that
many don’t realize is usually vegan. VeganBites tortilla
chips will be made because most of tortilla chips were
prepared using non vegan oil.
Miso Soup
In addition to being a good first course or side dish
for people who want something light, the broth has a great
umami flavor that’s the perfect substitute for chicken stock
in soup, stews and other recipes. In fact, miso soup is one
of the main ingredients in vegan ramen, so there’s no doubt
it’s versatile.
Vegan Mac & Cheese
Mac and cheese can be both an entree and a side.
VeganBite mac and cheese will be made of raw cashew, vegan
butter and nut free cheese sauce.
Dessert
Plant-Based Cake
While there’s nothing quite like a multi-layer cake
with plenty of frosting, almost all traditional recipes
include butter, milk and eggs. VeganBite cake will use All
Purpose Flour or gluten free 1-to-1 baking flour, vegan
buttermilk, almond and applesauce.
Rice Pudding with Coconut Milk
It’s easy to make rice pudding vegan-friendly by
swapping out the cow’s milk for full-fat coconut milk.
Continue with the tropical theme by adding cinnamon, lemon
and orange, too. Since rice pudding can be served warm or
cold, it’s perfect for busy restaurant cooks who want to
make dessert ahead of time and set it aside so they can
focus on other dishes during peak hours.
Chocolate Avocado Pudding
Even though it might sound odd, chocolate avocado
pudding is surprisingly delicious. Substituting milk and
cream for avocado also replaces the bad saturated fats with
good monounsaturated fats, so this gluten-free dessert will
appeal to health-conscious diners, too.
Smoothie Bowl
Smoothie bowls are another dessert that will appeal to
a wide range of customers. As with rice bowls, presentation
is key, so VeganBit will lay mix-ins such as fresh fruit,
coconut and granola across the top in an attractive way.
Price
Table 2. Proposed pricelist of VeganBite
Product Solo Platter
Tofu scramble 50.00 180.00
Avocado toast 50.00 180.00
Plant-Based Pancakes 60.00 180.00
Chia Pudding 35.00 115.00
Rice Bowl 90.00 200.00
Cauliflower Tacos 110.00 550.00
Plant-Based Burgers 110.00 550.00
Coconut Curry 110.00 540.00
Portobello Mushroom Steaks 360.00 n/a
Ratatouille 100.00 430.00
Meatless Pasta Sauce 110.00 580.00
Lentil Meatballs 120.00 580.00
Hummus 120.00 410.00
Chips & Salsa 85.00 380.00
Miso Soup 110.00 400.00
Vegan Mac & Cheese 85.00 400.00
Plant-Based Cake 65.00 680.00
Rice Pudding with Coconut 110.00 510.00
Milk
Smoothie Bowl 110.00 540.00
Place
The proposed project is located in Brgy. Baybay, Roxas
City City, Capiz. The proponents choose the place due to its
bustling economy and strategic place for friends and
families to hang out.
Furthermore, since the proposed project is aiming for a
healthy style of living, being near the beach is also an
advantage. At the beach, the endless horizon of the sea is
so large, it literally opens the customer’s mind creating a
sense of novelty and excitement that is restorative for our
brains. Proximity to the ocean can have a positive impact on
health as well - the closer you are to the sea, the better
you feel.
Promotion
Word of mouth is one of the most used promotional
strategies of local businesses. They also use social media
like Facebook to promote their business. Radio advertisement
is also an option for advertisement.
SWOT Analysis
The SWOT Analysis provides an opportunity to examine
the internal strengths and weaknesses that proposed project
must address. It also allows for the examination of the
opportunities presented as well as its potential threats.
Strength Weaknesses
Creative and diverse Potential struggle to
menu offerings, ranging reach a wider audience
from globally-inspired due to the niche nature
dishes to inventive of began cuisine.
plant-based takes on Dependency on seasonal
traditional favorites. and fresh ingredients
Strong alignment with might lead to
the growing demand for occasional menu
sustainable and cruelty- limitations.
free dining options. Overcoming preconceived
Positioned to cater to notions about the taste
health-conscious of vegan food among
consumers seeking some potential
nutritious food customers.
Opportunities Threats
Riding the wave of Rivalry form other
increasing interest in vegan and non-vegan
plant-based diets and
restaurants in the area
sustainable living. vying for similar
Forming alliances with customer segments.
local farms and Potential disruptions
producers for fresh, in the supply chain for
high-quality fresh produce,
ingredients. impacting menu
Collaborating with consistency.
fitness centers or Shifts in dietary
wellness brands to offer preferences or trends
bundled services. that might impact
demand for vegan
options.
System and Forms Design
The employee selection process is the series of steps
followed by a hiring team to gather necessary information
for making a hiring decision. It includes stages like
screening calls, in-person interviews, background checks,
and job offers. This guide provides essential insights to
help you develop an efficient selection process for your
organization.
1. Application
The application phase in the selection process is
sometimes seen as passive from the hiring team side – you
just wait for candidates to respond to your job ad. However,
applications can and should be selection tools, helping you
sort candidates as qualified or unqualified.
2. Resume screening
Now that you have wrapped up the application phase of
the employee selection process, you have a collection of
resumes or CVs to sift through and filter those deemed
suitable for a screening call. What you’ll need to do now is
go through resumes one by one, whether manually or software-
assisted, and identify prime candidates.
3. Screening call
The screening call, or phone screen, is among the
initial hiring stages where recruiters shortlist applicants.
The purpose of this call is to establish whether the
candidate is truly interested in the job and (at least)
minimally qualified to do it successfully. This way, only
the best applicants will go to the next, stricter (and more
expensive) hiring stages, like assessments and in-person
interviews, saving your team time and money.
4. Assessment test
Once you’ve screened candidates and sorted them out
into “promising”, “maybe”, and “disqualified” groups, you
want to look at the surviving candidates and further assess
their ability to do the job you’re looking to fill. These
assessments can take place in a multitude of forms in the
selection process:
An in-person audition for an acting position, a sales
job where you request the candidate to pitch you a product,
or a kitchen position where you ask them to cook something
for you on the spot.
A written or online test to test for aptitude,
personality, intelligence, etc.
A practical skills test to determine a candidate’s
typing speed, data entry capabilities, memory, etc.
5. In-person interviewing
You’re now deep in the selection process, having
screened candidates, evaluated their skills, assessed their
abilities, and created a shortlist of the most qualified
people. It’s finally time to meet in person with those
promising candidates and determine who’s going to be your
next hire.
A good interview will help you make better hiring
decisions, as you will objectively evaluate and compare
candidates’ potential. But there’s more to do than the
actual interview. You need to prepare yourself and the
entire hiring team to make sure you ask all the right
questions.
6. Background checks
Background checks reassure you that your finalists are
reliable and don’t pose risks to your company. For example,
employers may conduct pre-employment checks to make sure
candidates have told the truth in their resumes or don’t
currently do illicit drugs.
7. Reference checks
In the final stages of the selection process, you might
want to get some references for your best candidates. This
way, you’ll get feedback about their performance from people
they’ve actually worked with in the past, such as former
managers, former colleagues or business partners and
clients.
8. Decision and job offer
After a series of well-organized selection processes
for recruiting new employees, you’ve finally found your
perfect hire. Now it’s time to let them know you’re offering
them a position at your company. The job offer process is a
critical one; done right, you’ll soon welcome your new
employee in the office. But, if you miss something, you
might lose a great candidate and have to start the hiring
process all over again.