fast trax
TRANSCRIPT
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PRESENTED BY-
Bipin Singh
Parth Dahuja
Rupl Goel
Sagarika Mittal
GROUP 2
PRESENTED TO-
Gaurav Vashisth
Director-Operations
Visiting Faculty & Professional Trainer
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COMPANY PROFILE Hindu group, Indias leading exporter of fresh and
frozen foods exporting to more than 45 countriesfor over three decades, launched fast Trax
Hindu group is winning silver Trophy from theministry of agriculture(APEDA) for sevenconsecutive years
The group initially invested Rs5 crore and later
invested around Rs20 crore in opening its otheroutlets
They aim to cater to the "entire family"
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Its director, Mr. Samar Qureshi, had only one
motive to provide quality food at reasonable
prices
An Indian, armed with a MBA from Monash
University, Australia, brought flavors and
variety for Indian people in the form of FastTrax
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Most of their outlets are in the form of small &quick service restaurant (QSR) type outletswhile others are in the dine-in format
With more than 22 local outlets, Fast Traxserves over 10,000 customers each day in morethan 16 locations across New Delhi
Wildly popular amongst all age groups, Fx issoon becoming Indias number 1 choice for aquick bite
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PRODUCT
PORTFOLIO
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BURGERS
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KABAB
BURGERS
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WRAPS AND ROLLS
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MIX VEG ROLL PANEER TIKKA ROLL
CHICKEN TIKKA WRAP LAMB SEEKH KABAB ROLL
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LOVE SHAKES
Banana shake
Strawberry shakeChocolate shake
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PLAY MEAL
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LITE MEALS
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SALADS AND CAKES
Pasta salad
Ceaser salad
Chocolate truffle
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BRAND COMPETITORS
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Mc Donalds
In India, it is managed by 2 Indian entrepreneurs:
Amit Jatia, Vice Chairman, Hardcastle Restaurants
Pvt. Ltd. and Vikram Bakshi, MD and Joint VenturePartner, Connaught Plaza Restaurants Private Limited
World's leading global food
service retailer with more than33,000 locations serving 64
million customers in 118 countries
each day
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Its PLC is characterized by:
Price is low
High consumer reach
Mass promotionBrand existence
Wide Product range
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KFC, also known as Kentucky Fried Chicken, is a
chain of fast food restaurants based in Louisville,
Kentucky, known mainly for its fried chicken
Since 2002 KFC has been a wholly owned
subsidiary of Yum! Brands, Inc Additionally, the company continues to use the
abbreviation KFC freely in its advertising.
Internationally the company is known as KFC
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Its PLC is characterized by:
Market projection
Less Consumer reach
High price
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PROMOTIONAL
STRATEGIES USEDSO FAR
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Fast Trax - Role at CWG
The Organizing Committee appointed Fast Trax Food
Pvt. Ltd. the official food and beverage partner for the
Commonwealth Games (CWG) 2010
Fast Trax served over 1.6 million meals to eagerspectators, across 105 outlets in 14 stadiums
They offered a special CWG Menu comprising of
burger combos, vegetarian and non-vegetarian wraps,
various tikka rolls, curry boxes and sandwiches with
p play meal including SHERA toy
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They provided speedy service and quality food, to lacs
across all the venues, at very affordable prices
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Sales
Costs
Profits
Marketing Objectives
Product
Price
Average cost per customer
Rising profits
Maximize market share
Offer product extensions and service
Price to penetrate market
Distribution Build intensive distribution
Advertising Build awareness and interest in the massmarket
Rapidly rising sales
PRODUCT LIFE CYCLE
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SO, FAST TRAX IS IN THEGROWTH STAGE OF ITS
PRODUCT LIFE CYCLE
Time
ProductDevelop-
ment
Introduction
Profits
Sales
Growth Maturity Decline
Losses/
Investments ($)
Sales andProfits ($)
FAST TRAX
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ALTERNATIVE STRATEGIES
Create Awareness about the brand through
aggressive advertisement and promotions
Open new outlets where Mc Donalds has notbeen set up
We would also open drive thru outlets on
highways
Effective supply chain
Add more durable toys to the play meals
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