Preview

Slice of Life

Powerful Essays
Open Document
Open Document
6562 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Slice of Life
Executive Summary Product and Services

Slice of Life catering business is about delivering prepared sweets and pastries prepared by our professional chef and serving them to people available at different events.

We are specialized in serving small events such as Birthdays, graduation parties, receptions, openings, conferences and meetings.

During Christmas, Easter and other feasts, we will offer special packages of bagel pressed dates, colored eggs, chocolates and alcoholic drinks.

We are going to conduct our business in a house that we own which is located in Palestine Street, Bethlehem. The house has two offices, one big kitchen and a small warehouse for the inventory.

Market Analysis

According to the market research that we have conducted, we can conclude that there will be a demand on our service by companies, organizations and families.

The service industry in Palestine represents 79%. Entering such an industry is not difficult since there are only few standards and regulations. We look forward to grow and expand in the future by covering more areas, offering more kinds of food and serving big events.

We expect our profit margins to increase gradually after working in a very professional way on our promotional strategy to attract customers.

Our strengths, weaknesses, opportunities and threats are well defined. They will help us to overcome the obstacles we face and reduce the weaknesses we have. In addition to that, we should benefit from each opportunity we find and enhance our strengths.

We have segmented our market into three groups based on Age & gender, Income and Lifestyle. Our target market consists of all individuals from different ages and different gender, moderate and high income people, along with those who prefer luxury and showing off. In addition , companies and organizations are a major part of our target market.We do not have any direct competitors recently, but we have to take

You May Also Find These Documents Helpful

  • Better Essays

    Bsbcus501Z Quiz Question

    • 1020 Words
    • 5 Pages

    Identification of target markets and market segments are essential to ensure the product and or service is appropriate and aimed at the correct market to become a success. The investigation must involve information gained from customers whether it is from census surveys, buying patterns or informal surveys where the customer can give their point of view. This enables us to focus on what the customer’s wants and needs are.…

    • 1020 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    You and your team work in a division for MIAA, Maples Incorporated Advertising Agency. MIAA is a marketing firm that specializes in developing marketing plans and producing infomercials for a variety of products. Your team must create a plan for a new product..…

    • 529 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Acc 557

    • 2303 Words
    • 10 Pages

    We decided to initiate a Bakery with the name and style of LadyDi’s First Class Bakery, Our bakery will provide freshly prepared bakery and pastry products at all times during business operations. Six to eight moderate batches of bakery and pastry products will be prepared during the day to assure fresh baked goods are always available. We strive to be a leader using the latest technology and engineering to carry us into other areas such as new products or new automated equipment. We are committed to a safe work environment for all those employed. We believe growth is necessary to provide opportunities on an ever increasing scale for our people. Therefore, we are dedicated to profitable growth, growth as a company, and growth as individuals.…

    • 2303 Words
    • 10 Pages
    Better Essays
  • Satisfactory Essays

    The Fashion Channel

    • 630 Words
    • 3 Pages

    By analyzing the market segmentation (Exhibit 2), a significant opportunity cost arises if scenario 2 were to be chosen instead of scenario 3. Scenario 2 only targets 15% of the market by focusing on the Fashionistas whereas Scenario 3 focuses on 35% with both the Fashionistas and the Planners and Shoppers. Looking at the demographic highlights, there is a significant overlap in the market segment. 50% of the market for the Fashionistas and 25% for Planners/Shoppers are aged between 18-34 years. Additionally, 61% of the Fashionistas and 53% of the Planners and Shoppers are Female. Dana Wheeler estimated that there would be a $5…

    • 630 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Market Analysis

    • 1434 Words
    • 6 Pages

    This part of the marketing management Group Project will explain how we can evaluate the attractiveness of identified market segments and why I think our firm should pursue market specialization. I will explain how we can evaluate the attractiveness of identified market segments by identifying and explaining the five key criteria that make a segment plan useful followed by a brief description of how population size, growth rates, and scale of economies can affect profits and of course why we want this venture to be low risk. Next I explain market specialization and discuss why I think it is the most beneficial marketing option. I will begin by explaining how we can evaluate the attractiveness of identified market segments…

    • 1434 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    MARKET SEGMENTATION

    • 4820 Words
    • 14 Pages

    As the traditional target market which is high school students is projected to decrease over the next ten years, we at regional state university need to come with a new idea of our target market. Other potential market segmentation can be considered by using these few methods that elaborated below.…

    • 4820 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Strengths are facts about the staff, managers, business products and processes that are positive or have a positive impact on the business.…

    • 1267 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Panera Bread Case Study

    • 1890 Words
    • 8 Pages

    In addition, each location sells other fresh baked goods, made-to-order sandwiches and salads, soups, light entrees, and café beverages.…

    • 1890 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming…

    • 3039 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Soda Industry Analysis Essay

    • 3328 Words
    • 14 Pages

    • Advertising supplement also included a sweepstake card for kitchen appliance prizes to create the ‘perfect holiday feast’. This was advertised on the company website, on riser cards and shelf-talkers at the point of…

    • 3328 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Clayton Automotive Group

    • 1999 Words
    • 8 Pages

    Our target market is very broad. This market includes people of any age, race, culture,…

    • 1999 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Identify target market: One part is the customers who go shopping or take activities in plaza.…

    • 2862 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Jay's Personal Strengths

    • 722 Words
    • 3 Pages

    There are a number of strengths which I possess that contribute positively in my work environment, in my personal life, and in my Learning Team. There are also a number of weaknesses which need improvement. The strengths are excellent memorization skill, ability to understand computers, anger management, and physical strength. The weaknesses are organization, time management, procrastination, and lack of confidence.…

    • 722 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Personal Strengths Paper

    • 2670 Words
    • 11 Pages

    Strengths talk about minimizing your own weaknesses and focusing on your own success. Inside strength there are 4 other categories: physical, emotional, intellectual, and psychological. Inside each one of those categories there are 4 domains…

    • 2670 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    TWC target customers

    • 418 Words
    • 2 Pages

    The targeted markets are separated into three segments: Professional Youngsters, Upper-Medium Income Household, and Baby Boomers. The primary marketing opportunity is to deepen the product penetration in these well-defined market segments.…

    • 418 Words
    • 2 Pages
    Satisfactory Essays