1901™ hot dogs
TRANSCRIPT
1901™ HOT DOGS: A MALAYSIAN HOMEGROWN FRANCHISE
ABOUT…
Founders
Tengku Rozidar
Tengku Zainal Abidin
Ahmad Zakir Ja’afar
Business MissionAffordable quick-serve hotdog franchisePutting the Malaysian footprint across the globe
EstablishedJuly 1997, Malaysia
ProductQuality Meat – not mechanically debonedHalal certifiedA range of unique hotdogs
1901™ HAS NOT SET UP FRANCHISES IN ANY OF THE FOLLOWING AREAS: KUWAIT, UNITED ARAB EMIRATES AND SAUDI ARABIA, BUT THE PROCESS IS STILL IN THE PIPELINE. COMPARE THESE COUNTRIES AS POSSIBLE FUTURE LOCATIONS FOR 1901™.
OPPORTUNITIES VS RISKS• ECONOMIC BOOOM, MAINLY DUE TO OIL RESERVES
• STABLE ECONOMIC GROWTH
• URBANIZATION AND MIGRATION, BUSY LIFESTYLE
• LARGE MUSLIM POPULATION
• PREDOMINANT AGE 12-25
• FIRST-MOVER ADVANTAGE
• CULTURAL FACTORS• POLITICAL POLICIES AND
LEGAL PRACTICES
WHEN ENTERING NEIGHBORING COUNTRIES, SUCH AS SINGAPORE AND INDONESIA (BEARING SIMILAR SOCIAL AND CULTURAL BACKGROUND TO MALAYSIA), DISCUSS THE ADVANTAGES AND DISADVANTAGES THAT A MALAYSIAN RESTAURANT COMPANY, SPECIFICALLY 1901™, WOULD HAVE IN COMPARISON WITH A LOCAL COMPANY IN THAT MARKET.
ADVANTAGES
• ASEAN – Malaysia, Singapore and Indonesia are members
• Religion, culture, way of doing business
• No need to change product portfolio
• Franchise system + brand
DISADVANTAGES
Singapore
• Expensive
• Tough competition
Indonesia
• Poverty
• Is there sufficient demand?
MORE THAN 60 1901™ OUTLETS ARE IN MALAYSIA (WHICH HAS A PREDOMINANTLY MUSLIM POPULATION). MIDDLE EAST OPERATIONS ARE YET TO BEGIN. SHOULD THERE BE ANY CHANGE OF STRATEGIES? IF SO, WHY AND HOW?
• KEEP FOCUS ON QUALITY + HALAL
• RETAIL OUTLETS RATHER THAN PUSHCARTS
• CHARGE PREMIUM
• ENHANCE SERVICE : INTRODUCE WAITERS, ETC.
• CREATE LUXURY HOTDOG BRAND FOR DEVELOPED MARKETS
THANK YOU FOR LISTENING!