Marketing Foodservice. Marketing Food Service Overview □Since the products in food service...

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Marketing Foodservice

Transcript of Marketing Foodservice. Marketing Food Service Overview □Since the products in food service...

Page 1: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Marketing Foodservice

Page 2: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Marketing Food Service

Overview□Since the products in food service industry

hold different characteristics from the ones in manufacturing industry marketing of food service needs a different approach.

Goal□The goal of this lesson is to discuss the

characteristics of service products and argue the marketing mix to promote the service products.

Page 3: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Objectives

At the end of this lesson, learners will be able to;

□Differentiate service products from manufacturing products

□Explain the characteristics of service products

□Comprehend the concept of marketing mix

□Explain the SWOT analysis

Page 4: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Marketing Products vs. Services

□A Product□A stated or implied value.

□Since it is tangible it is easy to evaluate its performance.

□A Service□Adds value; often, but not always to a tangible

product□When eating in a restaurant “service” enhances the

quality of the food, however a vending machine dispensing a hot coffee, probably does not enhance the enjoyment of the coffee, yet it add value by letting the customer enjoy coffee on their terms

Page 5: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Marketing Foodservice Products

□Service□customer is part of the product

□Intangible goods□difficult to evaluate

□Perishable□ immediacy of the sale

□Competition□difficult to distinguish due to duplication

Page 6: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Marketing Mix□Place

□ the location that the product is delivered

□Product□ Is it food? Or Service? Or Convenience?

□Price□ What is the price in relation to the competition?

□Promotion□ signage, mass media, corporate sponsorship,

décor, menu design □ frequent diner, partnering with complementary

products

Page 7: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Environmental Analysis□Strengths

□ What do they do well?□ How do they differentiate from competition?

□Weaknesses□ Where are the limitations? – location, hours, history,

limit exposure

□Opportunities□ What can they do to be successful?

□Threats□ Generally these are external; the economy/competition

Page 8: Marketing Foodservice. Marketing Food Service Overview □Since the products in food service industry hold different characteristics from the ones in manufacturing.

Branding in Food Service

□Popular Brands□ on menus - marketing support

□National Brands□ franchising□ fees or agreement to buy product

□Manufacturers’ Brands□ product support□ technical assistance□ marketing materials