Shannan Johnson Period 2 A marketing function that identifies products and their source and differentiates them from all other products. Branding sets Market Function your company, product or service apart from the Domino's Pizza The UK pizza delivery and takeaway market. This market was estimated to be Field Of worth nearly £450 million in Operation 2000 Mission Statement "'Exceptional People 'We Demand On A Mission To Be Integrity The Best Pizza Our People Come Delivery Company In First. The World'. This is part We Take Great Care of Domino's 'Vision Of Our Customers. and Guiding We Make Perfect 10 Principles' including Pizzas Every Day. these statements: We Operate With Smart Hustle and Positive Energy' Marketing Function To be better than Also they have their competitors online ordering Dominos Pizza Has and you can build a heated disc your own pizza with inside of their bags All the toppings to make sure the you want,sauce, pizza stays hot for and extras. the customer. Their biggest marketing objective is “slamming” or speaking poorly of their own product. I do think that it works for them because that is Marketing what makes Strategy people want to buy their pizza just to see if what was talked about was changed. The UK pizza delivery and takeaway market consists of many small businesses and the big three firms: Perfect Pizza, with over 200 outlets, Pizza Hut which has 170 restaurants and also delivers and Domino's. In Britain, pizzas are delivered by restaurants and a large range of outlets Major that also sell other food, like burgers and competitors kebabs. It is estimated that there are as many as 4,000 pizza delivery companies. Domino's Pizza extended its market leadership in the United States pizza delivery market with an 18.4% share in 2009, compared to 17.5% share in 2008. At its height Domino's Pizza commanded a Market Share share price of $33.52 but has fallen out of investor favor since May 2007 when it paid its last dividend. Four and a half per cent of the turnover of each Dominos franchise store goes into a fund used for national marketing of the Dominos brand Pizza eating is less Marketing popular among people aged 55 Objectives/ and over, but younger generations Targeting Market have become used to the Dominos model and as this group ages, the commercial opportunities are sizeable. Pros •Special Incentive Programs - VetFran Participant, MinorityFran Participant and Women's Programs available.
•Recession Proof Market
- Pizza-eating actually increases in recessive Pros And cons of markets. Owning a Dominos •Established Branding - Franchise Domino's offers unsurpassed name recognition and National Advertising Support to boost local awareness. . Cons •Outside Business Interests - Domino's does not allow the franchisee to have business interests outside the franchise location. Pros and cons of owning a Dominos •Ownership Franchise Structure - owners cannot slip below 51% ownership and must oversee store operations personally