Family Business
Family Business
Family Business
I. Problem:
Senior patrons stay for a longer time which could make
crowding become a challenge, so they are abusing discounts.
Fast service may not be offered to other customers.
As senior patrons grow, the restaurant might be known as Old’s
people restaurant which might discourage younger customers.
II. Objective:
To analyze the best approach in grouping customers according
to similar traits and behaviors.
To meet the social and ethical responsibility.
To secure the customer with good food in a friendly and fun
environment.
1. The manager shall designate a specific place in the store and a specific
time for the indulgement of the seniors.
Advantage:
- Seniors won’t mix up with the young customers
- Employees can prepare for the seniors visiting time.
- Less crowding
Disadvantage:
- Additional space would entail an additional cost
- Seniors who are sensitive in nature might feel that they don’t
belong.
- The place would look narrow
2. The manager should look for an effective promotion strategy that will
attract the younger markets/customer.
Advantage:
- Attracts younger markets.
- More people would likely visit the store oftentimes
- Increase in revenue
Disadvantage:
- Higher expenditures
V. Recommendation
The alternative course of action no. 2 is the appropriate
recommendation prior to the situation. Which is to provide an
effective promotion strategy that will attract the younger markets.
Just like what the restaurant did in order to gain the seniors
market, Mary’s restaurant could easily launch a program for the
kids. Since there is an opportunity for Mary’s restaurant because
of seniors’ big market who are loyal to them, the best strategy
would be to provide rewards for the seniors and their family
members who will visit the store together with their children and
grandchild.
This way, Mary’s restaurant is not pushing away the senior
market but at the same time gaining the younger market as well. It
is recommended to employ this new and effective promotion
strategy since it was observed based on the case that Mary
Marino’s McDonalds restaurant is more focusing on the promotion
for the senior citizen’s clienteles not knowing that the image of her
business is turning into an old’s’ people restaurant which is
contrary to the main values of McDonalds company which is to
satisfy the younger markets.
Oppotunities
Threats
- Additional revenue for the
- Competitors
senior market