Fast food industry 56

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    Submitted by: Gunjan sobti

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    o Known as Quick Service Resturaunt (QSR)

    o Prepared and served quickly

    o Take out / take away

    o Relatively low capital requirement

    o Different from traditional food

    o Examples : Hamburger, french fries,etc.

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    o Many women now work

    o Increased numbers of single-parent households

    o Long distances to school

    o Usually, lunch times are short

    o Especially on weekdays, fast food outside home

    only solution.

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    o It entered India (Delhi) in June 1996

    o By Jan 2001 pizza hut had 19 outlet across India

    o Presently it has 142 outlets in 32 cities in India

    o Pizza Hut is the largest pizza restaurant company in theworld

    o It has 12,000 outlets in 90 countries

    o Employing more than 300,000 people.

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    o Pan in your name

    o Pizza pooch menu speacial pooch for children

    o 1 Rs. Pan deal

    o Bara nahin to tera [ on time or free ]

    o Reduction in price

    o Ads. On T.V. Channels from July 2001

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    o Pan in your name

    o Pizza pooch menu speacial pooch for children

    o 1 Rs. Pan deal

    o Bara nahin to tera [ on time or free ]

    o Reduction in price

    o Ads. On T.V. Channels from July 2001

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    o Buy 1 get 1 free

    o Ads on T.V. ( Hungry Kya )

    o Tie up withM.T.N.L . & discovery channels

    o DatabaseMarketing.

    o Non traditional outlet

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    o McDonalds entered India in 1996

    o McDonalds India has a joint venture with Connaught

    Plaza Restaurants and Hard Castle Restaurants.

    o Connaught Plaza Restaurants manages operations in

    North India whereas Hard Castle Restaurants

    operates restaurants in Western India

    o Today it has 169 Restaurants across india

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    oIn 1997 slashed prices for vegetable nuggets and soft serve

    cone.

    o In September 2001, they offered Veg surprise burgers for Rs17.

    oMarch 2004 Aap ke zamane mein, baap ke zamane ka

    daam.o Started offering value meals in a range of prices.

    oEnsure affordability and attract widest section of customers.

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    o Brought the customer and provided a range of entry-

    level products.

    o Try those new items and graduate to higher-rungs

    E.g- if a customer starts with McAloo Tikki, he will

    finally graduate toMcVeggie and so in Non veg

    o 25% reduction in prices for lunch and dinner menus

    in 2009.

    o Intensive advertising aimed children

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    o Entered India in 1995.

    o Because of KFC not adhering with the Prevention of

    Food Adulteration Act, 1954 and certain other mistakes ithad to leave India.

    o In 2003 it again came back with revised strategies and

    willingness to improve its earlier mistakes.o Since then KFC has a strong presence in 11 cities of

    India with around 50 stores.

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    o Product is pressure-fried pieces of chicken made

    original recipe

    o Products are generated based on the

    geographical locations.

    o KFC takes feedback from customer to know

    the customer demands improvements in

    products.

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    o KFC enters using market skimming.

    o Products are priced high and target the middle to

    upper class people

    o KFC has a monopoly in fried chickens.

    o KFC has an upper hand in pricing their fried

    chickens.

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    o KFC new company jingle, finger licking good

    frequent announcement on televisions, billboards,

    flyers and radio.

    o Sponsorship to strengthen an organizations image

    o KFC is currently the sponsor of the West Indies

    Cricket Team.

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    S.no Fast food resturants Market share

    1 MC Donald 45%

    2 Pizza hut 27%

    3 Dominos 30%

    4 KFC 28%

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