Lanzhou Lamin Marketing Plan for US Marekt.docx
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LanzhouLaminMarketingPlanforUSMarekt
LanzhouLamianintheU.SMarket
CountryName:
TheU.S
ProductName:
LanzhouLamian(noodles)
SectionNo.:
2012IMBA
ExecutiveSummary–UnderstandingtheCulture
TheUnitedStates’cultureisamixedsocietyofallraces,ethnicities,andsubcultures.Itistheworld’s3rdlargestinbothsizeandpopulation.Therefore,theU.S.isaculturewithabundantneedsandwants.Foodisoneofthoseneeds.StartingLanzhouLamianinSanFrancisco,CaliforniamusttakeintoconsiderationdifferentculturalaspectsofAmerica.ThefollowingreportgivesdetailedinformationaboutvariousaspectsofAmericanculture.However,themajorareasoffocusarethereligious,dietary,andrecreationalsectionsofthereport.
ReligionintheUnitedStatesisatrickytopic.AlthoughamajorityofAmericansarereligioustheydonotliketohaveotherreligionsimposedonthem.Also,morethan16%ofAmericanshavenoreligiousbelief.Therefore,whendealingwithrestaurantsintheU.S.itisbestnottousereligionasamarketingstrategy.Inaddition,LanzhouLamianisaMuslimfranchise.Since9/11,thereissomeresentmenttowardsMuslimsandpeopleofMiddleEastethnicity.ThisiscriticalasLanzhouLamianwillnotbeabletoprideitselfinbeingMuslimorientatedifitwantstoincludeallpeopleresidingintheU.S.
DietandnutritionintheUnitedStatesisanotherimportantaspectintherestaurantindustry.Americanshavefollowedanon-carbohydratefadwhichhasledtoadecreaseintheconsumptionofprocessedgrains.Restaurantsarecateringtothisneedbyofferingwholewheatoptionsforgrainproductssuchasrice,pasta,andbreads.ThismeansthatLanzhouLamianwillalsohavetoofferdifferentoptionsforalldietaryneeds.Also,Americanslikeallkindsofmeats,especiallychicken,beef,andpork.Somealsoprefervegetarianorvegandishes.Americansprefertoeathealthyfoodswhentheyeatout.ThisincludescookingwithlessoilandeatingfoodswithoutMSG.ThismeansLanzhouLamianwillneedtoexpanditsmeatselectionandalteritscookingmethods.
Americanslovethediningoutexperiences.Restaurantsalreadyprovidepatronswithfoodcookedatthetables,lineswherepatronscancustomorderwhattheywant,sushichefscutfishinfrontofspectatorseyes,andmuchmore.However,restaurantsthatinstantlymaketheirownnoodlesareveryfewintheU.S.Watchingacheftossandtwistdoughorrapidlyslicenoodlesdirectlyintoapotisaspectacletosee.Thisisauniqueperformancethatshouldbeamainmarketingstrategytobringinpatrons.Families,children,couples,andgrandparentswillallenjoythefun,exciting,andhighenergyatmosphere.
ThesearethemainculturalconcernswhenopeningLanzhouLamianintheUnitedStates.However,withitsmulticulturalmix,Americanslovetastesfromallaroundtheworld,thatis,aslongasitiscateredtotheirtastes.Americanshavemanydifferentpreferencestotastesuchasspicy,mild,sweet,andsour.AsianrestaurantshaveprovenverysuccessfulinAmerica,especiallyincities.LanzhouLamian’ssuccesswillcomefromprovidingAmericansmanyoptionsofflavorsandtastestoaccommodateeveryoneaswellasprovidinganenergeticandentertainingenvironmentforalltoenjoy.
ExecutiveSummary–UnderstandingtheEconomy
TheUnitedStatesofAmericahasthelargestnationalEconomy.ItsnationalGDPin2011wasestimatedover$15trillion,whichcontributestoaquarteroftheglobalGDP.ItsGDPatpurchasingpowerparityisalsothelargestintheworldatabout1/5ofthenationalpurchasingpowerparity.TheUSAalsohasaveryhigheconomyoutput,tocontributeaGDPpercapitarecordat$48,147,makingtheUSA7thhighestintheworldinGDPpercapita.ItsmajortradingpartnersconsistofCanada,ChinaandMexico.
MorethanhalfoftheglobalcurrencyreserveshavebeeninvestedinUSdollars.Itisthemosteconomicallyinfluentialcountryworldwide.Morethan$2.4trillionhasbeeninvestedintotheUSfromforeignmarkets,whichisdoublethatofanyothercountry.Ithasalsoinvestedmorethan$3.3trillioninforeigncountries.
Someusefulfigures:
•Population:
313,847,465
•Growthrates:
0.899%
•15-64years:
66.8%(male104,411,352/female104,808,064)
•Urbanpopulation:
82%oftotalpopulation
•GDP:
$15.04trillion
•Rateofgrowth:
1.5%
•GDP(percapita):
$48,147
ExecutiveSummary-understandingtheMarketandCompetition
LanzhouLamianisaMuslimnoodlerestaurantfranchisethroughoutthePeople’sRepublicofChina.Therestaurantspecializesinmakinghandmadenoodlesbytwistingandpullingorrapidlycuttingthicknoodlesstraightintoaboilingpot,techniqueswhichareuniquetotheirculture.Restaurantsalsoprovideothermenuoptionssuchasricedishesandothervegetableandmeatdishesofallflavorsandvarieties.LanzhouLamianplanstoexportthenoveltyofhavingnoodlesmadeinfrontofone’seyestotheUnitedStates,startinginSanFrancisco,California.Althoughtherearenoodlerestaurants/famousbrandsintheU.S.,theinteractiveenvironmentbetweenchefsandrestaurantpatronsisalmostnon-existent.SpecializinginmakingauthenticChinesenoodlesrightinfrontofthecustomer’seyesisaspectacularandmagicshow.Families,couplesandgrandparentswouldalllovetheexcitementfoundinaLanzhouLamianrestaurant.Withourtailor-madeproductadvantages,advertising,promotion,andpricingstrategiesforU.S.Amarket(California),we’llsuccessfullyrunourcompanyandourproducts,service,etc.inconformitywithU.S.Aregulationsorlaws.
ExecutiveSummary–UnderstandingTheMarketingPlan
MajorPoints:
•Establish1stLanzhouLamian(stretchednoodles)RestaurantinSiliconValley;
•SpecializeinhandmadetraditionalNorthwestChinaflavorfood;
•Exportthenoveltyofhavingfoodsmadeinfrontofcustomer’seyestotheU.S.
•TraditionalChinesestylediningenvironmentintherestaurant;
•ModernChinaelementsdisplayviamulti-mediadevices;
•TargetatmiddleandupperclassconsumersthatareinterestedinChineseculture;
•Cost-efficientregionalmediaandsocialmediapromotions;
•Tailor-madesalespromotionstrategyfordifferenttargetcustomers;
•Localsupplier,localpurchaseofallingredients;
•Aboveaveragelevelpricingstrategy;
•Firstyeartarget:
balanceofpayments
•Infiveyears:
20chainrestaurantsinCaliforniaandNewYorkStates
A.UnderstandingtheU.S.Culture
I.Introduction–LanzhouLamianintheUnitedStates
LanzhouLamianisaMuslimnoodlerestaurantfranchisethroughoutthePeople’sRepublicofChina.Therestaurantspecializesinmakinghandmadenoodlesbytwistingandpullingorrapidlycuttingthicknoodlesstraightintoaboilingpot,techniqueswhichareuniquetotheirculture.Restaurantsalsoprovideothermenuoptionssuchasricedishesandothervegetableandmeatdishesofallflavorsandvarieties.LanzhouLamianplanstoexportthenoveltyofhavingnoodlesmadeinfrontofone’seyestotheUnitedStates,startinginSanFrancisco,California.AlthoughtherearenoodlerestaurantsintheU.S.,theinteractiveenvironmentbetweenchefsandrestaurantpatronsisalmostnon-existent.SpecializinginmakingauthenticChinesenoodlesrightinfrontofthecustomer’seyesisaspectacularshow.Families,couplesandgrandparentswouldalllovetheexcitementfoundinaLanzhouLamianrestaurant.
II.Country’sRelevantHistory
Recently,theUnitedStatesofAmericahasbeensufferinganeconomiccrisiswhichhasleftmanywithdecreasedsalariesorunemployment.TheU.S.hasalsobeenundergoingawarintheMiddleEastagainstterrorismandcountrieswherethepopulationispredominantlyMuslim.AnotherkeyissuecurrentlyoccurringintheU.S.isobesity.Meanwhile,AmericaiscurrentlyledbyitsfirstAfrican-Americanpresident,BarackObama.InNovember2012,Americawillalsochooseitsnextpresident,whichcouldleadtodrasticchangesintheU.S.government.
ThesearerelevanttoLanzhouLamianstartingafranchiseintheU.S.intherestaurantindustry.First,Americanswithlowerincomeswouldbelookingforqualitycheapmeals,whichLanzhouLamianprovides.Second,anti-MuslimAmericansmighthaveanissuewithLanzhouLamian’sMuslim-orientatedrestaurants,bothindecorationandingredientselectionandpreparation.Religionwillnotbethebestmarketingfocusfortherestaurant.Rather,afocusonChinesecultureshouldbeused.Inaddition,obesityisamajorconcernandischangingthedietandnutritionofadultsaswellaschildren.Lastly,withthechanginggovernment,LanzhouLamianmusttakeintoconsiderationnewrestaurantlawsandhealthcoderegulationsaswellaschangesinimport/exportlawssetbytheUnitedStates.
III.GeographicalSetting
A.Location
TheUnitedStates'geographicalsettingisimmense.Itisthe3rdlargestcountrybothinlandsize(behindRussiaandCanada)aswellpopulation(ChinaandIndia).Itiscomposedof50statesanditscapital,Washington,D.C.The48contiguousstatesarelocatedbetweenthePacificOceanonthewesternborderandtheAtlanticOceanontheeastern.Fromeasttowest,theU.S.covers4differenttimezones.ThenorthernborderconnectstoCanadaandtoMexicointhesouthwest.AlaskaandHawaiiareapartoftheU.S.althoughtheyarenotdirectlyconnected.TheU.S.alsohascontroloversometerritoriessuchasPuertoRico,justsouthoftheFloridacoast.(SeeAppendixI.III)
B.Climate
TheclimateintheUnitedStatesdependsonthepartofthecountryinwhichonelives.Inthesouthernpartsofthecountry,itisveryhotwithbothhumidanddryareas.Inthenorthernregions,temperaturescanbeverycold.Still,mostoftheUnitedStatesse