About GGAbout GG Opened April 2008 Tokyo-Italian cuisine in TriBeCa Michelin star and high Zagat...
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Transcript of About GGAbout GG Opened April 2008 Tokyo-Italian cuisine in TriBeCa Michelin star and high Zagat...
The Greenwich Grill
Case Study MarketingStefanie Akkerman
About GG
Opened April 2008
Tokyo-Italian cuisine in TriBeCa
Michelin star and high Zagat rating
Prides: food quality, uniqueness, décor and its Japanese style service
But there are some problems…
The Main Problem
Targets for lunch are not met
Targets for weekday dinners are not met
The Numbers: Lunch and Dinner
Monday Tuesday Wednesday Thursday Friday0
20
40
60
80
100
120
LunchDinner
The Numbers: Days of the Week
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
0 1000 2000 3000 4000 5000 6000 7000
ActualBudget
Seasonal Fluctuations
april 08 - august 08
sept 08 - nov 08
dec 08 - jan 09 - feb 08 - april 08
may 09 - june 09
july 09 - aug 09
sept 09 - 0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
TargetActual
This doesn’t look too bad though…
SWOT: Strengths
High quality of food and service
Good ambiance and décor
Michelin star and good Zagat rating
SWOT: Weaknesses
Location is not so great: hard to find
No good coping strategies for seasonal fluctuations
Not many customers during early opening hours
SWOT: Opportunities
Area with many potential customers
No good previous advertising has been done
Nice space for larger parties
Attractive for Japanese tourists
SWOT: Threats
Weak economy
Many restaurants in NYC
Unhappy customers who are vocal
Action Recommendations
Residents and Office workers
Flyer distribution in area
Local newspaper advertisement
Distribution of menus
Action Recommendations
Japanese Tourists
Contact tour operators
Advertise in travel guides
Leaflets in hotels
Action Recommendations
Large parties
Advertise in bridal magazines
Leaflets pointing out possibilities for large parties
Reinforce referrals for large parties
Action Recommendations
Season and Time
Happy Hour!
Restaurant Weeks
Gift specials: free meals giveaway
Thank You!