MB184943 BACKGROUND NOTE In the late 1950s, Dominick De Varti (Varti) owned a small pizza store named DomiNick’s Pizza on the Eastern Michigan University campus in Ypsilanti, Michigan.
In 1960, two brothers who were students of the University
of Michigan – Thomas S. Monaghan (Thomas) and James S. Monaghan bought that store.
Thomas decided to change the name of his first store,
DomiNick’s Pizza, and one of his employees suggested the name Domino’s Pizza (Domino’s). DOMINO’S Domino’s pizza is considered to be world’s most renowned company around the globe. Domino’s offer both, delivery from door to door as well as take away from store. Currently Domino’s pizza chain is expanded over 8000 store around the world, whereas foremost cities of U.S have a domino’s pizza. Domino’s fulfils customer’s yearning for Italian American food through its treasure of fresh ingredients and by offering wide variety of options in the menu. Headquarters: Ann Arbor Charter Township, Michigan, United States Founded: 9 December 1960, Ypsilanti, Michigan, United States CEO: Richard E. Allison Jr. (1 Jul 2018–) Founders: Tom Monaghan, Dominick DiVarti, James Monaghan DOMINO’S Currently Domino’s is the market leader in providing wide range of pizzas, in a manner that there are no competitor in this sector. There admireble image has made the organization more worthfull. Moreover, Domino’s is render pleasing taste, quality products with qualified staff, splendid ambience and hygienic surroundings. They are specialized in pizzas. Moreover Motivation level of staff is very high which make the organization more prosperous. They are ISO (International Standard Organization) certified. They have equipped with plenty of resources for operating different activities of the organization .They are providing free home delivery service. They have created monopoly in this sector. Another big Strength and even a Competitive Advantageis the fact that they have a full service restaurant as well as delivery services Most of domino’s competitors do not have restaurants. Because of the restaurant, Domino’s can market too many different segments that other pizza chains cannot. For example, Domino’s can market to families much easier than Domino’s or Little Caesar’s. Brand Recall: High brand recall due to its regular advertising with taglines such as ‘30 minutes nahi to free’. Such aggressive marketing has created awareness & a promise for the brand in the market. Fantastic channel network: With its 9000 franchise & company owned outlets Dominos has extensive network spread over more than 60 countries. Quick service & deep menu: Quicker than expected service delights the consumers and helps the company to differentiate itself from others. In India Domino’s is trying to attract the middle class and lower middle class people who are interested to spend their money on pizza but in low price.Those people are eager to go for an outing in any festival and want cheap and best family restaurant. Domino’s would be most preferable. Low cost alternative: They do not need high class Ambiance or amusement in the shop so the establishment cost is low for the dealers and the price of pizza is very reasonable for the customers. Healthier alternatives: To combat health awareness among consumers, Dominos is trying to change their dough by having healthier fats, which is done by incorporating more whole wheat into their crusts. Efficient supply chain: Due to its efficient supply chain Dominos has made it possible for quicker service so that customers don’t have to wait for long. The preference of Dominos is because the customer can have home delivery within 30 minutes. Making a small breakfast at home itself takes 15 minutes. Thank You