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You have just been approached by a recent culinary graduate to partner in a business venture. The new chef has a restaurant location in the
You have just been approached by a recent culinary graduate to partner in a business venture. The new "chef" has a restaurant location in the St Catharines downtown area that is ready for renovations and a new concept. The location has ample parking, a welldesigned kitchen and a dining area that can be customized to any theme or style. Two obvious "target markets" are:
Young single adults, aged Post secondary studentsgrads Income $k $k Target size: people.
Empty nest couples, aged professionals nearingat retirement, Income $k Target size: people.
Choose a primary target market and describe the Marketing Mix that you would suggest. Justify all decisions with sound reasoning. Be sure to discuss:
Place Strategy hint: marketing channels strategy
Pricing Strategies and Tactics hint: pricing strategy and method
Communications Strategy Mix. Provide details and reasoning of promotion elements used
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