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we all know today that coffee joints like Indulge, Dunkin Donuts , Caf coffee day , Espresso and Alao coffee shop, are some of the most popular hangouts which are very famous among youngsters. Coffee is one of the favorite beverages and has become more appealing because of its variety. Coffee cafes are so much prevailing in the market today because everyone wants to be energetic enough to do their daily routine job thats why their focus is moving away from their body fitness and health. Our idea is to promote Sunkist Packaged Products which would include several categories, including Fruit Juice and Fruit Juice Drinks, Carbonated Beverages, Fruit Snacks, Beverage Concentrates, Vitamins, Frozen Fruit Confections, Chilled Fruit Jellies and Powdered Fruit Drinks in our fun based entertainment caf that is Howzatt because the city has never witnessed a cultural change where we would be going from coffee to juices. Howzatt will strive to be the premier cricket theme base cafe in the whole region. Our goal is to be a step ahead of the competition. We want our customers to have more fun during their leisure time. People should be very much conscious about their health and mostly people like the fresh juices and drinks rather than hot coffee and tea because sometime every hour, somewhere in the world, someone is enjoying a Sunkist branded product. Howzatt would boast a menu packed with mouth watering appetizers, a selection of sandwiches, wraps, pastas, burgers and divine desserts. A sizeable range of teas, smoothies, hot & cold beverages and an array of Sunkist products. The aroma of full bodied juices and the taste of wholesome quality food served up in a chic and stylish space makes it an irresistible hangout. Regular visitors have their Loyalty Cards stamped with each juice served so that the sixth cup would be on the house! There is also the Howzatt privileges membership the card that earns you rewards each time you visit. Although reservations are not entertained, the management prefers that parties larger than eight guests call ahead to inform the outlet management so that no one leaves disappointed. There is no doubt that Howzatt is the preferred choice for people of all ages, making it the best in the town.
MISSION STATEMENT
A passion to serve cricket followers through change Tom Peters, the Management Guru states: Any business that does not change will be dead in five years. Businesses dont change for the sake of change, businesses generally change because the consumer either asks or forces them to change. It is not the industry that is forcing change it is consumers.
AIMS
The creation of a unique, innovative, entertaining, atmosphere that will differentiate us from the competition. Provide excellent customer service with a proactive energetic staff. The establishment of platform as a community hub for socialization and entertainment. Encourage the most important value in Cricket sports man spirit
OBJECTIVES
To make Inspirational Grounds for an entertainment environment that would promote cricket lovers in a welcoming atmosphere and for people who follow cricket zealously. The formation of an environment that will bring people closer together.
Consistently aims to provide modish environment with excellent specialty items like beverages, snacks, fast food, cricket magazines, players autobiographies, live and historical moments of the cricket world on big screen.
SWOT ANALYSIS
Howzatt restaurant is well positioned to leverage its strengths and address reasonable threats, weaknesses, and opportunities. The table below highlights these Strengths, Weaknesses, Opportunities, and Threats.
Strengths
Its the first restaurant in the history for cricket lovers. Menu reflects fresh and healthy food. Providing Non-traditional environment. Staff training is structured and designed to assure rapid start-up and success. Live matches on a big 10 feet screen. Cricket library which includes books and DVDs. Prime location. Charity and social responsibility.
Weaknesses
Novice Financials
Opportunities
High growth industry. Improve Customer Service Model. Unique deals & Packages offerings.
Develop more partnerships with sports brands and cricket stars to promote cobranding opportunities.
Threats
Continuous load shedding Shortage of sugar, flour etc. Food contamination. Competition. Economic downturn. Government policies. Ongoing security situation
Operations
Facilities and offices
Howzatt will comprise a space of 250 Square yards space. It will also include well designed interior and seating arrangements and a office that would deal with the management and authority.
Hours of Operation
Hours of operations are from 11:00 am till mid-night.
Food Production
Most food will be prepared on the premises. The kitchen will be designed for high standards of sanitary efficiency and cleaned daily.
Social responsibility
Howzatt management feels that as young entrepreneurs it is our duty to work for the social betterment so therefore we have taken following steps We will donate 2% of our Income to charity organizations for the betterment of society. Howzatt advertisement will be based on social messages. Howzatt management will make sure that there is no pollution or garbage around restaurant. Charity cricket matches will be organized to help organizations those are working for social betterment.
Strategies
Our marketing efforts will be concentrated on brand positioning. As the market changes, new products may be added to maintain sales.
Milestones
After the restaurant opens, we will keep a close eye on sales and profit. If we are on target at the end of year 1, we will look to expand to a second unit.
Risk Evaluation
With any new venture, there is risk involved. We expect some copycat competition.
Exit Plan
We will open a traditional BBQ restaurant.
PEST Analysis
Political or legal forces
Taxation Law
If government imposes heavy taxes on the industry then it badly effects the industry growth. The taxes impose is from government side and it varies from industry to industry.
Labor Laws
Labor is being privileged here having all the laws. Howzatt also follow these laws like government announce minimum salaries of an employ Rs 6000.
They do concern for environment and contribute more and more for the betterment of environment.
Political instability
The government stability also plays a great role for any industry. In Pakistan government face lot of difficulty from the side of terrorism and also its activity that badly effect environment of the country which is totally very upset. Recently in Punjab instability of government creates lot of problem for the industry like shortage of electricity that badly affects the industry operational process. Howzatt have not much affect this condition but in future it may be face some difficulty for operating.
Economic forces
Inflation Rate
Now in Pakistan inflation rate is almost 22.3%.
Social factor
Health consciousness
Today people are more health conscious so howzatt identifying this need of the people.
Demographic trend
In Pakistan the population growth rate is 1.828% in 2008 and total population is 167,762,040 (July 2008 EST.)
Age structure
0-14 years: 15-64 years: 65 years and over 40% (male 33,293,428; female 31,434,314) 56.9% (male 48,214,298; female 46,062,933) 4.1% (male 3,256,065; female 3,542,522)
Key Indicators
Population: Growth rate: Birth rate: Death rate: 164,741,942 (July 2007 EST.) 1.828% (2007 EST.) 27.74 births/1,000 population (2007 EST.) 8 deaths/1,000 population (2007 EST.)
Environmental concerns
About the environmental concerns, howzatt also play it role in this field.
Lifestyle changes
They consider quality life changes and take advantages of accordingly so that customer can convinced as well as it plays a vital role to attain & retain the customer.
Consumer adopts the trend of changing environment because of modern facility as well as globalization they are aware about each and every thing happening all around them.
Technological forces
New Products
Howzatt also focusing concentric and conglomerate diversification because in present era it is not possible for any organization to exist in market for long run by providing just one product. So howzatt are diversifying according to changing demand of customers and trends.
Product innovation
Product innovation is becoming more necessary for the organization because of globalization people are becoming aware about the changes being taken place around them so in order tactical the situation howzatt is focusing on product innovation by introducing new flavor of juices with the passage of time.
Competition
Porter five forces model
Michael Potter's five forces framework can be used to determine whether the industry is attractive enough to sustain a small or medium size enterprise. The five forces of Entry, Rivalry, Substitutes, Buyers and Suppliers jointly determine the intensity of competition and profit potential for a small and medium size firm in a given industry or market sector. In analyzing each market force, the question is whether it is sufficiently strong to reduce or eliminate industry profits. The focus at this stage is at the industry level because industry dynamics and profits of necessity dictate profits of other firms that enter the industry. Also, in carrying out a five forces analysis we want to be able to answer this question: If the competitive forces in the industry are strong, is there some strategy that firms might employ to defend it, or influence the forces in their own favors?
If all these things present in the market then no Entrepreneur want to enter in that market because they know there is no any opportunity for it.
powers, if in the market many suppliers and demand of raw material is low. Howzatt purchase it raw material direct from market rather than buy from supplier. So howzatt do not faces the bargaining power of supplier because they buy direct on low price rather than supplier high price. So howzatt management reduces the bargaining power of supplier in this way to buy direct from market.
Buyer Power
Bargaining power of customer is one of the important forces in the porter five forces. If there are good competitor then the buyer power also increase because they see both competitor and it switching cost is low.
Threats of substitutes
Substitute products refer to products in other industries. To the economist, a threat of substitutes exists when a product demand is affected by the price change of a substitute product. A products price elasticity is effected by substitute product as more substitute become available, demand becomes more elastic since customer have more alternative . A close substitute products constrains the ability of firms in an industry to raise prices. While the treat of substitutes typically impact an industry through price competition. If substitution is easy and substitution is viable, then this weakens your power. The substitute product has a strong affect if the following things are occurred Sales of substitutes are growing rapidly Producers of substitutes plan to add new capacity Profits of producers of substitutes are up There is no substitute in market right now.
Competitive Rivalry
The big factor determining the strength of rivalry is how actively and aggressively are rivals employing the various weapons of competition in jockeying for a stronger market position and seeking bigger sales.
Thirst
Most persons drink the juices due to taste and different fruity flavors. So many people like to drink juices for taste, for purpose of fit to body and fulfill their thirst. They also prefer to drinking fresh juices that prepare at the point of purchase and give maximum benefit like today people are more health conscious and want maintain their body health for a long a time.
Marketing Plan
Marketing Objectives Maximum profit margin
The big price objective howzatt that they provided high quality product and satisfied the customer with its product then howzatt taken premium price to their customer other than our competitors.
Quality leadership
The main objective of howzatt that its responsibility to provided best quality which they promised to their customers. Howzatt successfully fulfills their promised. Howzatt main objective to provide quality products that satisfied the customer need and their requirement so howzatt deliver the quality services.
Communication objective
Howzatt use different sources to attract their target customer. The objectives of howzatt produce awareness in our customer about new products and also produce awareness to new customer about Sunkist juices.
Segmentation
Market segmentation divides the market into distinct groups of homogeneous consumer who have the similar need and consumer behavior and who require the similar market mixes. We are going to segment the howzatt on bases
Age structure
0-14 years: 15-64 years: 65 years and over
40% (male 33,293,428; female 31,434,314) 56.9% (male 48,214,298; female 46,062,933) 4.1% (male 3,256,065; female 3,542,522)
Positioning
Positing strategy is at the heart of marketing strategy. It is the act of designing the company offer and image so that it occupies a distinct and valued place in the target customer mind. Howzatt want to
create an image in the mind of customer that Howzatt will strive to be the premier cricket theme
base cafe in the whole region. Our goal is to be a step ahead of the competition. We want our customers to have more fun during their leisure time. People should be very much conscious about their health and mostly people like the fresh juices and drinks rather than hot coffee and tea because sometime every hour, somewhere in the world, someone is enjoying a Sunkist branded product.
Point of difference Cricket library. Live matches on large LCD screen. Product identity, quality, and novelty High employee motivation and good sales attitude Innovative and insistent service options. Sunkist juices
This is the point of differentiate that howzatt always provide good and pure juices which is fit for human body
Brand element
Name
Howzatt is to promote Sunkist Packaged Products which would include several categories, including Fruit Juice and Fruit Juice Drinks, Carbonated Beverages, Fruit Snacks, Beverage Concentrates, Vitamins, Frozen Fruit Confections, Chilled Fruit Jellies and Powdered Fruit Drinks in our fun based entertainment caf that is Howzatt because the city has never witnessed a cultural change where we would be going from coffee to juices.
Marketing mix
Product Place Promotion Price People Physical Environment
1. Product
Design
Quality
Customer satisfaction through offering high quality food with exceptional service and good environment. Branding
Develop more partnerships with sports brands and cricket stars to promote branding opportunities. Technology
2. Price
Affordable prices for the target market. Howzatt will also provide memberships to the interested customers with reasonable fee.
3. Place
Convenience Excellent environment and easy to access for target market. Howzatt is located in the prime location of Gulshan which is easily accessible and easy to reach. We will hire a place to start this restaurant.
Value
4. Promotion
Special offers Deals, events, packages, membership, free coupons, gifts, membership and sponsorships.
We take great pride to celebrate the passion of cricket. Encourage the most important value in Cricket sports man spirit
Advertising
own high standards of freshness and purity. Food costs and inventory control will be handled by our computer system and checked daily by the management.
5. People
Employees Energetic and young employees wearing the cricket formal dress. Culture
7. Physical environment
Smart Restaurant interior and decoration will be done on the theme of cricket. Facilities
A Big 10 feet LCD screen with a cricket library with excellent environment. Comfort
6. Process
A big emphasis is being placed on extensive research into the quality and integrity of our products. They will constantly be tested for our