IMR _ROLL NO-59

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    Yash Vardan Singh

    Roll No 59

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    Founded in Sacramento, California,on April 30, 1954

    Second Shakey's Pizza Parlour openedin Portland, Oregon, in 1956

    Sale to Colorado Milling and Elevatorin 1967 for $3 million

    As of June 4, 2011, there are 58Shakey's restaurants in the US

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    Devise amarket

    research planfor entry of

    Shakeys pizzain Indian Pizza

    market

    Studymarketingmethods

    adopted byShakeys pizzainternationally

    Suggest amode ofentry in

    Indian pizzamarket

    Analyse thecurrent Food

    serviceindustry in

    India

    Find the factorsthose have

    been drivers forthe growth ofthis industry

    Make suitablesuggestions andrecommendation

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    PrimaryResearch

    Surveys Questionnaires

    Direct mail,telephone, or

    personalinterviews.

    Feedback forms

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    Secondary Reseach

    Growth trends in Indian foodservice today.

    Increase in the size of mytarget marketDemographic profile of mytarget customer

    Factors that influence thecustomers choice to eat at acertain QSR

    New eating trendsCompetition from otherplayers in Indian Pizza market

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    PRODUCT

    World Greatest Pizza Famous Chicken and

    MOJO Family Meals Lunch Buffet

    PRICE

    $7.40 U.S. to $8.33for a small pizza

    About $25.93 U.S. fora large pizza

    Discount Coupons

    PLACE Home delivery Dine-in

    Order online

    PROMOTION Partnered with

    Options Media Group

    on a comprehensivetext messaginginitiative to drivefoot-traffic

    one-day mobilecoupon offer

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    Rising competition fromcompetitors : Dominospizza, Mc Donalds

    Rising cheese coststhreatening margins

    Emergence of Affordablelocal restaurants

    Can come up withinnovative Pizzas, newflavours and recipes

    Can open its restaurants indifferent countries thathave potential customers

    Introduce new, healthy andfresh food items related topizza

    Satisfaction of the pizzas isdeclining

    Complex computer systemsand internal conflicts from

    franchiseeslack of an organic pizzasAbsence of environmentsuitable for non-familycustomers

    Conceptualization of thenew product line and designprototype needed

    Great food at a reasonableprice

    Unhurried atmosphereconducive to couples,

    families or large groupsSound financial situationand international turnover

    Famous televisionadvertising

    Innovative range of pizzasunder one roof

    STRENGTHS WEAKNESS

    THREATSOPPORTUNITIES

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    AS AN INDIAN COMPANY

    Joint Ventures Wholly Owned Subsidiaries

    AS A FOREIGN COMPANY

    Liaison Office/Representative Office Project Office

    Branch Office

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    The size of the Indian food industry estimated at US$ 200 bn in the year2006-07, is estimated to reach US$ 300 bn by 2015.

    The food service industry has two distinct sectors - The organized segmentand The unorganized segment.

    The market size of the food service sector is estimated to be $8.1 billion by2013 and $9.6 billion by 2018. It is growing @ 5-6% per annum.

    The organized segment of the restaurant industry, at 16-20% of the totalindustry is more than the organized segment of the retail industry.

    India is beginning to show up on the radar of the top food service chains andis likely to account for 10% of new unit growth in the next four to five years

    100% FDI is permissible in the sector under the automatic route

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    DemandSide Drivers

    Favourable demographics and growing working population

    Growing disposable income

    Increasing number of working women

    Increasing urbanization

    Growing Middle Class

    Supply SideDrivers

    Diversification into multiple cuisines

    Improved restaurant experience

    Growth of tourism industry

    India gaining attention of international players

    Improving Retail Infrastructure:Higher quality food for a health conscious consumer

    segment

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    Best mode of entry for shakeys pizza to enter into Indian Pizza marketis by signing a Joint venture with a Indian company

    After analysing Companys marketing mix it was observed that the Pizza

    chain will be able to attain a sustainable growth in Indian Pizza market

    As the size of the Indian food industry estimated at US$ 200 bn in theyear 2006-07, is estimated to reach US$ 300 bn by 2015 it has got a highpotential for investment

    Growing disposable income and favourable demographics and growingworking population to augment demand for food service chains alongwith other factors are the drivers of the growth in this industry

    The total cost of the estimate of market research plan is about INR435040

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    Marketing Research - Boyd, Westfall and Stasch International Market Research - C. Samuel Craig

    and Susan P. DouglasBOOKS

    http://www.rncos.com/Report/IM264.htmhttp://www.nrai.org/REPORTS

    http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4358

    http://articles.economictimes.indiatimes.com/2010-04-12/news/27577329_1_kfc-india-and-china-vegetarian-population

    ONLINEARTICLES

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