project ppt dominos pizza
DESCRIPTION
DominoesTRANSCRIPT
Presented By:Group 5
Marketing ProblemTo conduct a feasibility study for opening up
a Domino's Pizza outlet at IIT Kanpur campus.
Marketing Research ProblemTo understand the food habits and
preferences of students of IIT Kanpur.To estimate the potential market for a fast
food joint like Domino's Pizza
To understand the parameters that are important to customers when eating out
To understand general spending habits
To understand the perception about Domino's Pizza in the minds of IIT Kanpur students
IITK houses 3500 students,(90% males)Residents are from diverse cultural backgrounds Various food joints available at IITK:
Hall canteensCampus restaurantShopping complexCC CanteenIME canteenMT
Phase I: Qualitative study7 In-depth Interviews lasting 1-1.5
hour.2 Focus Group Discussions with 8
members each.
Phase II: Descriptive Research using quantitative study.Target Population: - The students of IIT Kanpur Sampling Technique: -Two stage method ,Quota
followed by Convenience samplingIntercept Points : - Hall canteens of hostels 1,
4, 6 and GH, campus food outlets like CC Canteen, IME Canteen
Sample Size Target – 80 respondents(72 Males,8 Females)Actual – 75 Respondents(61 Males,14
Females)
Mess v/s CanteenPrice SensitivityRegional PreferencesConveyancePerception of Fast Food
Collection and coding of data. Questionnaire Tool: MS ExcelSSPSFrequency Calculation
H0 = Residents of IIT Kanpur are not variety seeking.
H1= Residents of IIT Kanpur are variety seeking.
48% of the respondents feel that the quality of food is good
45% of them feel that its average
Most of the candidates (96%) not unhappy with the food
Opinion of the Food in the campus
3%
48%45%
4%
0%
Very Good
Good
Average
Bad
Very Bad
Previous chart shows students to be happy with present facilities
Yet 68% of the respondents feel a need for another outlet
Hence null hypothesis rejected.
Need for another outlet
Yes68%
No19%
Can't say13%
Yes
No
Can't say
Hygiene (93%)Taste (83%)Variety (50%)Service (47%)Price (38%)Ambience (24%)
Over 60% of respondents have average daily expenditure greater than Rs.16
63% of respondents feel that Domino's Pizza is not over priced
Average Daily Expenditure
0-1532%
16-3048%
31-4511%
>459%
0-15
16-30
31-45
>45
Perception about McDonalds Pricing
54%
9%
37%Under Priced
Economically Priced
Over Priced
Equal Preferences to both Academic Area & Shopping Center(30% each)
Location Preference
3% 16%
3%
30%30%
7% 11%
GTRoad
Park
MT
Shopping Center
Academic Area
SAC
Other
Frequency of Visit to Domino's Pizza Last Semester vis-à-vis daily expenditure on food
Expected no. of Visits at Domino's Pizza vis-à-vis daily expenditure on food
7425
Expected Revenue
Expected Revenue from our Sample
Market share = 7425/51300 = 14.5%
Domino's Pizza should open an outlet at IIT Kanpur campus
It should be a full fledged outlet.The outlet should be located in the Shopping
Center or Academic Area
Sample size of 7 is small.
The duration of interview varied across the sample.
Possibility of the interpreter’s bias or moderator bias
Although care was taken that the sample is a representation of IIT Kanpur residents in terms of sex, under-graduates , post-graduates it may not be the true representation of the population.
Non-probabilistic technique of convenience sampling used which can skew the analysis.
The sample size was not statistically computed but was chosen on the discretion of the group.
It was assumed that the sample is representative of the population.
The group assumed that the respondent would rationally and patiently fill up the questions. Since there were no incentives given for filling up the questionnaire our assumption might not be valid.