Preview

How to Run a Restaurant

Good Essays
Open Document
Open Document
1042 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How to Run a Restaurant
?Marketing is defined as a communications-based process where individuals and people discover that their existing or new needs and wants can be satisfied with products and services of others; in your case, your restaurant.

The question is - do you need a marketing plan for your restaurant or are you waiting for guests to come in?

If you are full every shift, maybe not. Unless you want to achieve greater profits, however a marketing plan means thinking in advance. Don't wait until the revenue goes down to do it. Do it before and fill your seats.

In order to get the marketing plan for your restaurant right, you need to have a good understanding of your potential customers and be clear on why they make decisions to buy from you and not from someone else.

Subsequently, to get it right, you want to look at all of the following factors:

? Nature of the market.
? Customers.
? Competitors.
? Financial and marketing history.
? The industry as a whole.
? Any external influences, such as events, festivals etc.

Obtain a good analysis of what and where your guests are coming from and how often customers are visiting your restaurant.

When writing a restaurant marketing plan, you have to consider the seven Ps of marketing - plus one of mine.

? Product.
? Price.
? Place.
? Promotions.
? People.
? Process.
? Physical evidence.
? Positive.

Let's focus on the last four for a moment.

To have a good competitive advantage, you need to focus on people, therefore get the right staff and training to deliver what people expert from your business. Aptitude and service knowledge needs to be equal to what your customers are outlaying.

The process is the system you have to implement and follow. Consistency is essential in order to get it right and supply what you are offering. Every step in the process is important - from the few words spoken to a guest when they call to make a booking, to the conversation during a guest's departure.

Physical evidence is a critical ingredient of

You May Also Find These Documents Helpful

  • Better Essays

    Mkt 500 - Assignment #4

    • 2708 Words
    • 11 Pages

    A good marketing plan should focus on three objectives: increasing occupancy, increasing tenant value to the facility, and improving marketing efficiency. It should also be based on results and flexible. It will clearly outline specific activities to accomplish those three objectives, with deadlines.…

    • 2708 Words
    • 11 Pages
    Better Essays
  • Good Essays

    rastaurant

    • 2539 Words
    • 11 Pages

    The marketing plan is tied closely to the overall financial and business plan. This plan outlines a strategy for success, and breaks it down into comprehensible, actionable components that will enable The Sub Shop to implement marketing activities to provide a solid return on investment.…

    • 2539 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    2.2.1 Revamp the image of the restaurant. Introduce customer loyalty programs to give the customers incentive to keep coming back.…

    • 2730 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Hrm 3263 Assignment 3

    • 512 Words
    • 3 Pages

    This assignment must be based on the restaurant concept that you submitted in Parts One and Two of the assignment. This third, and final, part of the Restaurant Management Business Plan Assignment is to be submitted in hard copy. No Late Submissions accepted. Note that there are 3 sections to this assignment, the Revenue Forecast, Beverage Management and the Critical Path of Service.…

    • 512 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Saimaa University of Applied Sciences Business and Culture, Imatra Faculty of Tourism and Hospitality Degree Program in Hotel, Restaurant and Tourism Management Thien Huong Pham Do Business Plan for a Vietnamese Restaurant and Coffee Shop in Helsinki Thesis 2014 Table of Contents 1 Introduction ................................................................................................. 5 1.1 Aim of thesis .......................................................................................... 5 1.2 Research method ................................................................................... 6 1.3 Theoretical approach .............................................................................…

    • 14101 Words
    • 78 Pages
    Better Essays
  • Satisfactory Essays

    Marketing Plan Template

    • 269 Words
    • 2 Pages

    Price 3 3. Place 3 4. Promotion 4 V. Strengths, Weaknesses, Opportunities and Threats 4 VI. Marketing Objectives and Goals 4 VII. Marketing Tactics* 4 VIII.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Different customers go to restaurants and buy the products for different reasons. Individuals go to eat and meet socially with other people or just to feed themselves. Businesses choose restaurants based on the atmosphere and product depending on if they require catering for a business meeting or a location they can go and have a business friendly meal. Getting the product to the customer requires a few different tactics. Good press is always a good source to bring customers into the restaurant. Helping the community, making creative changes, and thinking outside of the box are excellent good press. Another way is to create a website that allows customers to find information on your restaurant. Allowing access to the menu online can help customers see their food choices and make a decision to visit the restaurant as well as contact information for customers with questions. Another option is to…

    • 3263 Words
    • 14 Pages
    Better Essays
  • Powerful Essays

    Lombardi, D. (1994, June). Chain-restaurant strategic planning. The Cornell Hotel and Restaurant Administration Quarterly, 35(3), 38-40.…

    • 1858 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Your plan should address the business’ Target Market and the 4Ps. (Place, Product, Promotion, & Price)…

    • 529 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Ruth Chris Case Study

    • 1171 Words
    • 5 Pages

    Development models have been explored and evaluated with the main plan geared toward the market development model (more of the same restaurants in new markets) and outlining a well-suited plan focusing on market selection criteria to generate the desired growth.…

    • 1171 Words
    • 5 Pages
    Good Essays
  • Better Essays

    In this paper I will attempt to explain the strengths and weaknesses of a restaurant. I also will attempt to show one way how they can utilize their strengths and minimize their weaknesses To be competitive. I will further explain how their ability to have Stylish Restaurants with Ever Changing Decor, their online and call in orders, Online and Phone reservations, Premium Cocktails, Ruby Tue Go, Full Service Catering, and Extensive Menu Variety give them a competitive edge in their market. With their online and call ahead service called Ruby Tue GO it gives you the ability to order your food before you lunch hour and stop by to pick it up saving yourself a considerable amount of valuable time. With being able to call ahead or go online to make reservations you are able to save considerable time waiting for a table. The Full Service Catering allows customers to have a meal delivered, served, and then cleaned up for just about any event. All of those options have access to the full variety menu that makes there restaurant able to server a wide variety of tastes. Ruby Tuesday's drink menu includes their Zero Proof cocktails including seasonal teas and lemonade that are handcrafted and made to order. They also have a wide variety of Premium Cocktails along with both bottle and on tap beers of different brand and varying tastes. Their stylish restaurants with every changing decor gives people the opportunity for a very nice and relaxed sit down meal with everyone from business partners and co-works, too date night, and guys night out.…

    • 1335 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    He holds a Masters Degree from the Cornell School of Hotel Administration. Developing the Casino Marketing Plan Andrew M. Klebanow Abstract This article stresses the need to develop and implement structured marketing plans.…

    • 4776 Words
    • 18 Pages
    Powerful Essays
  • Best Essays

    A Virtual Business Design

    • 3218 Words
    • 13 Pages

    Stapleton, J., and J. Thomas. 1998. How to Prepare a Marketing Plan: a guide to reaching the consumer market. UK: Gower Publishing.…

    • 3218 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    The Subway Story

    • 5528 Words
    • 23 Pages

    Oh,H. and Pizam, A. 2008. Handbook of Hospitality Marketing Management. illustrated ed. s. l.: Butterworth-Heinemann. ISBN 0080450806, 9780080450803…

    • 5528 Words
    • 23 Pages
    Satisfactory Essays
  • Good Essays

    As a customer in our restaurant we will have many choices available to them at a low cost. There are five steps in the consumer purchase decision that I’ll explain. Step one is need recognition which simply means that we identify what the potential customers need in our market. What kind of foods do they like and what kind of experience do they want when they go to a restaurant? Step two is searching for the product that the customer wants. We will have many avenues, such as print ads and our website, in which to market our product and inform the public of our food and services. The third step is product evaluation where the consumer gathers information on our products and services. We will have the best menu and service in our market to gain a larger market share in our area. The fourth step is product choice and purchase so it is vital that we successfully advertise and market our restaurant. We will have the best menu, greatest service and the most updated restaurant within a hundred mile radius. The fifth step is the post purchase and evaluation step where the consumer will decide whether our food and…

    • 813 Words
    • 3 Pages
    Good Essays