ProStart Level 2 Name Chapter 7.2 Market Analysis, Identity, and Communication Due date 1 point per question unless noted otherwise Points possible You are expected to COMPLETE ALL WRITTEN CHAPTER ASSIGNMENTS ON TIME. You may turn the assignment in early. Not completing the required chapter work will result in a lower class grade and may result in you being removed from the class at semester. NO EXTRA CREDIT WILL BE GIVEN FOR INCOMPLETE ASSIGNMENTS. You need to READ the information in the chapter – Do not just look up the information. This information will be on the National Restaurant Association Level 2 exam which will also be your semester final. Answer all questions fully I will not grade the assignment if you don’t follow these directions! You can email me the completed assignment at rbrent@tfd215.org Completed assignments will be graded as follows: Early 7 extra credit points On time 67 points maximum Late 1 day 54 points maximum Late 2 days 47 points maximum Late 3 days 40 points maximum Late 4 days 34 points maximum Late 5 days 1 point maximum Objectives: After reading Section 7.2, you should be able to: List reasons why promotions are important. Identify the steps in developing a promotion mix and a promotion plan. Explain the importance of training to promotions. Recognize different types of sales promotions. List the benefits of public relations. Identify opportunities for public relations. Directions: Fill in the blanks as you read the section in the textbook or listen to lecture or demonstration. Market Research Methods 1. Define the following chart on Market Research Methods 4 pts. Market Research Methods Definition Experimental method Observational method Survey method Sampling method 2. Define focus group: ________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ Market Segmentation 1. What is a target market? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 2. What does it mean to be customer driven? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 3. Define mass marketing: ____________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 4. Define target marketing: ___________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 5. What is market segmentation? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 6. Define demographics: ______________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 7. What is the criteria, or factors for the four general market segments? Market Segmentation 4 pts. Criteria or Factors Demographic segmentation Geographic segmentation Product usage Lifestyle segmentation (Continued on the next page) 8. Define value proposition: __________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ Creating a Market Identity 1. What is positioning? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 2. What are the three steps of positioning? 2 pts. ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 3. List five ways to differentiate within a market. ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 4. Choose a Celebrity chef that you identify with. What marketing techniques have they used to promote themselves? (not in the book) ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ Market Communications 1. What is promotional mix? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ (Continued on the back – turn the page over) 2. Define the following chart on the five elements of a promotional mix. Promotional mix 5 pts. Definition Advertising Sales promotions Personal selling Public relations Direct marketing Type of Sales Promotions 1. Match the types of sales promotions and/or promotional material with it description. Sales promotions or promotional Description material 14 pts. a. 1. Samples: 2. Apparel and branded merchandise 3. Special pricing: 4. Contests and sweepstakes: 5. Point-of-purchase (POP) materials 6. Frequent shopper program: 7. Signage 8. Merchandising materials 9. Premiums: 10. Flyers 11. Direct mail 12. Special events: 13. Carryout and door hanger menus 14. Email Paper notices that are distributed to create awareness of a certain promotion or menu item. b. Free, small tastes of food items, providing customers a risk-free opportunity to try a new item. c. Table tents and other display items in the restaurants. d. Provides a benefit in exchange for continuing patronage-often free food items or substantial discount. e. Paper menus for customers to use outside of the restaurant. f. Games and other programs that involve the customer and provide prizes. g. Mass mailing of coupons, menus, advertising about promotions h. One-time or periodic occasions that might include bringing in a celebrity or offering special entertainment. i. An operation’s name and/or logo on t-shirt or other garments, mugs, pencils, stuff animals, etc. j. Menu boards, directional signs, and other signs that indicate where the operation is located and/or the items it serves. k. Electronic mail targeted to particular market. l. Limit –time reduced prices offered through specials, deal, coupons, or other programs. m. Menu boards, video, print pieces, and other display items near the point of purchase where customer make decisions about what to buy. n. Free or reduced price merchandise, t-shirt, children’s toys, mugs, or magnets, usually given away or sold for a reduced price with the purchase of a food item. (Continued on the next page) 2. Why are sales promotions important to an operation? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 3. Define cooperative sales promotions: ____________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ Public Relations: Engaging the Community 1. What is the purpose of Public Relations? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 2. What is publicity? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 3. Define community relations: ______________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 4. List the benefits of community relations. 3 pts. ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 5. Define media relations: ____________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 6. Define press release: _______________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ (Continued on the back – turn the page over) 7. What is a press kit/media kit? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 8. List the items included in a press/media kit. 3 pts. ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 9. Define media vehicles: _____________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 10. Tania Haigh works for McDonald’s, a company that offers many promotions. What types of promotions are most appealing to you? Why? ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 11. Talk to Miguel and Chef Kate about market segmentation. Suggest two markets that you feel might be desirable for their business. Then suggest two ways they might communicate with those markets. 5 pts. ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ (Continued on the next page) 12. What do you think is the most important criteria for an operation to differentiate itself? Explain your answer in a paragraph. 5 pts. ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________