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Final Project
Marketing Research
By
Opening its first bakery outlet in 1996, Gourmet, today has a network of
successfully running bakeries in Lahore.
Gourmet Bakers is one of the fastest growing local baker and confectioner
stores in Pakistan.
“Our vision is to provide our customers oven fresh bakery products in the
shortest span of time with excellent service level and quality”
Mission
“To make Gourmet an essential part of daily diet for our valuable
customers”.
Policies:
Price:
There is not as such price war in the bakery industry, that’s why there are
not as such differences in prices of Gourmet products as compared to
Cakes & Bakes, Shezan, and Rahat etc.
Marketing Mix
Promotion:
Placement:
In Sweets
Nirala bakers
Rahat bakers
Cakes & Bakes
Fresh inn bakers
In Beverages
Pepsi cola
Coca cola
Big Apple
Mountain Dew
Competitors
In Water
Aquafina
Nestle
Qurshi
Springley
In Ice Creams
Walls
Hico
Yummy
Rocco
Problem Definition
Problem Background
Gourmet started its business in 1996. At that time, it was mainly
concerned with sweets, which was the initial recognition of Gourmet. But,
in recent years, when Bakeries like Cakes & Bakes, Shezan, and Rahat etc
entered the market, the sales of Gourmet sweets has been continuously
decreasing.
Research Problem
“The sales, of Gourmet sweets is decreasing in the market”
Research Objectives
Specific objectives are as follows:
To review the existing status of Gourmet.
To identify the reasons of decrease in the sales of Gourmet sweets as
compared to other products.
To provide reasonable recommendations and suggestions to Gourmet.
Review of Literature
Asad Ali (2006)
Bilal Omer Khan (2004)
Datamonitor (2008)
Ehsan (2009)
Farhan Omer (2001)
Heather Carreiro (2008)
Ikram A Malik (2007)
Nasreen Khalid (2007)
Nauman Asghar/ Suffian Asghar (2004)
Umer (2008)
Uma Sekran (2008)
Thomas.C Kinnear and James R. Taylor (2007)
Research Methodology
Specific
Our specific study is to find out why the sales of Gourmet sweets are
decreasing in the market.
Collecting Data
We will collect data from both secondary and primary sources. The
secondary sources will be the available data as mentioned in the review of
literature. And the primary sources will be face to face interviews with
bakery users and by distributing questionnaires.
Primary Data
Target Population
People buy the Gourmet sweets frequently.
Sample Size
Total sample size:( 50 )
Research Methodology
Data Collection Methods
The method of combination of descriptive and exploratory research is
used. The overall scenario of the company would be done through
descriptive research. Exploratory research would be used to identify
variables for the problem.
Secondary Data
Outdated,
Not accurate,
Not in detail,
Data in hand was very less.
Primary Data
Like lack of time
Response refusal,
Cost constraints,
Response biasness.
Results & Discussions
The questionnaire contains the following heads:
External
Internal
Respondent Preference
External:
Visit to a Bakery Preffered Bakery
0% 0%
18% 16%
32% 30%
Daily Shezan
Twice a week Gourmet
Once a week Cakes and Bakes
Very Seldom Rahat
50% 54%
Results & Discussions
Internal:
Taste Hygiene
16%
0% 14%
0%
Yes Yes
No No
Don’t Know Don’t Know
86%
84%
Service
15%
Excellent
50% Average
Poor
35%
Results & Discussions
Internal:
Enviironment Prices
11% 0% 12%
44% Excellent
High
Average
Average
Poor
Low
45%
88%
Results & Discussions
Respondent Preference:
Quality
Variables
Price
9% 2%
18% Service
1% Environment
6%
Avaialbility of
32% Products
Location
22%
Variety
10%
Hygiene
Conclusion & Recommendations
Conclusion:
The quality of sweets is not convenient for the customers.
Tastes, availability, Hygiene are all factors that are not acceptable by the
customers.
The visiting pattern to Bakeries is quite often and Gourmet is leading the
market followed by Shezan.
Recommendations
Improve the quality of Gourmet sweets.
Proper advertisement is required.
Operations should be streamlined to provide good service to the
customers.
Questionnaire
Q: How often you visit the bakery:
Daily
Twice a week
Once a week
Very Seldom
Q: Which Bakery do you usually visit?
Shezan
Gourmet
Cakes & Bakes
Rahat Bakers
Q: Why do you prefer this bakery?
Quality
Price
Service
Environment
Availability of Products
Location
Variety
Hygiene
Questionnaire
Q: How often do you visit Gourmet Bakery?
Daily
Twice a week
Once a week
Very Seldom
Not at all
Q: Are you satisfied with the taste of the products available at Cakes & Bakes?
Yes
No
Q: Are the sweets available fresh and hygienic at Gourmet?
Yes
No
Q: Are the sweets always available on time at Gourmet?
Yes
No
Q: The service at Gourmet is:
Excellent
Average
Poor
Questionnaire
Gender: _________
Profession:____________
Residential Area: ______________
Thank You!!!!