Professional Documents
Culture Documents
• Introduction:
. Gourmet is the number one brand in the
market of bakers and sweets due to its quality and valuable
services. Mr. Nawaz Chattha was the employee of the Shezan
bakers at the post of manager.Nawaz Chattha started his
business from one out let in Muslim Town with bakers in 1987.
After seeing the profitable result he decided to introduce
new product like sweets, milk, ice- cream and gourmet cola. In
continuous success of gourmet, gourmet also started a family
restaurant.
GROWTH RATE
Mission Statement
• “To provide delicious, wholesome baked foods without sacrificing health and
well-being.”
Company Objectives
• To build profitable customer relationship by delivering superior value.
• To provide such products those can increase targeted markets.
• To become a leader in the bakery and confectionary industry.
• To provide the quality products to the target market.
Product Lines of Gourmet
1) Sweets:
• It has a huge product length in sweets like Gulab Jaaman, Barfi, Laddoo, Halwas,
Rassgula, Patisa, Jalaibee, Amarti, Ras malai and others.
2) Bakers:
• It includes Bread, Buns, Rusk’s, Cookies, Biscuits, Cakes, Pastries, Patties,
Pizzas, Nimko, Vegetables rolls, Chicken rolls, Hot dogs, Sandwiches.
3) Dairy Products:
• It includes milk and ice cream products.
4) Beverages:
• It includes Gourmet Cola, Gourmet ice-cream soda, Apple Sidra and Gourmet
Lemonade etc.
5) Filtered Water:
It also offers gourmet water.
Business Portfolio of Gourmet
Star:
Gourmet bread and other bakery Products come under star as they
have a high relative market share and high growth rate. They are
in maturity stage of its product life cycle.
Cash Cow:
Gourmet Cola, Gourmet Water and Dairy Products are Cash cow
products for Gourmet as they have a low market Growth rate and
a high relative market share.
Question Mark:
Gourmet new products like Dry Milk and the same for Tea as well
come under Question mark. Or any other new product that
Gourmet offers or is planning to offer will come in question mark
category.
Dogs:
Gourmet Roll and Samosa Patti have a low market Growth rate
and a low relative market share therefore, these products come
under Dogs and therefore Gourmet has discontinued the
production of these products.
Marketing Mix of Gourmet
1) Product:
• Products of Gourmet show attributes like quality, features, style and
design. Its quality is always good and innovative having
differentiated features. Gourmet designs begins with the deep
understanding of customer needs.
2) Price:
• Gourmet earns low and negligible profit that’s why its prices are
always less than market. It keeps low prices according to market
penetration pricing strategy in order to attract a large number of
buyers and a large market share.
3) Place:
• Being accessible to customers increases the value for customers.
Gourmet is a market leader as “Gourmet Foods”. Its growing size of
all branches has become more easily accessible and convenient to
customers. It has around 95 branches in Lahore.
4) Promotion:
• Gourmet does its promotion only in its stores. Whenever it
introduces its new branch it gives 25% discount which is for
promotion and other promotion mix tools used as sales
promotion which is short term incentive to encourage the
purchase of a product.
S.W.O.T. analysis of Gourmet
1) Strengths:
• Gourmet is one of the strongest brand names in Lahore.
• Strength of Gourmet bakers is a quality product with reasonable price
• They follow their strategies in accordance with customers mind.
• It is easily accessible almost everywhere in the city.
• They are following concentration on customer’s needs and mind along with
suitable price.
• Gourmet does not give franchise or partnership to anyone.
• Strong distribution channel
• High market share
• Customer Retention
2) Weaknesses:
• Gourmet is not focusing properly on promotion tools such as advertisements.
• Proper Parking is not available on each and every branch.
3) Opportunities:
• Gourmet can increase their target market by capturing other cities which consist
of the potential customers.
• Because of the brand worth Gourmet can come up with the different market of
bakery products.
• It is the great opportunity for Gourmet to expand their business and market by
exploring the new markets nation wide and internationally.
4) Threats: