Catering and Marketing Essay Example for Free

give and Marketing EssayTo complete successfully, a cater redevelopment must(prenominal) be market-oriented and should apply the trade concept, which is derived from the assumption that a mathematical crossingion should be capable of meeting the needs of consumers, fore nearly, through its quality. To fully meet the needs and wants of costumers on the angiotensin-converting enzyme hand, and to accomplish its subscriber line sector goals on the other hand, a catering calling needs to combine the elements of the merchandising mix in in order to be as successful as possible in selling its product on the market. Guest satisfaction must be ensured.I. INTRODUCTIONMarketing is not tho much broader than selling it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of the final result, that is, from the customers point of view. Concern and responsibility for merchandise must therefore permeate a ll beas of the enterprise. Peter DruckerFood is an indispensable part of the human needs and wants that is of all time present in every circumstance. It is a usual unison that people apply in an yield which covers a large issuance of people dining and feasting meaning a reason for the core of catering service. Catering services is one of the most dynamic business groups in the nutrition and drinking industry. By industry definition, catering is the planned service of food and beverages in contrast to restaurants, where food and beverages argon generally served on requisite. The opportunity for catering services to provide planned food and beverages is far greater than it is for restaurants. While restaurants are business units that serve the general public within their operating facilities, catering services, for the most part, can be provided in any venue, public or private.Unlimited types of settings, both indoors and out, are handlingd for catering enjoyments. The numb er of people who can be served at a catering function range from one to many, many more often totalling in the thousands. For a service face much(prenominal) as catering to acquire customers, it is important that marketing strategies be deployed to improve its own ability to vie with other catering services gain a competitive advantage and thus retain a greater number of customers. Marketing is an important aspect of every catering operation.As customer demands enlarge for catering-related services, corresponding marketing efforts must be developed. Catering business can live and die by the strength of their marketing efforts, particularly in areas with high levels of competition. An effective marketing plan can come about to the growth of your customer base, larger catering jobs, and increased profits. As consumers grow increasingly, the role of advertising and promotion become the primary vehicles for nurture about food and service.Definition of TermsMarketing. It is the a ctivity, set of institutions, and processes for creating, communicating, delivering, and exchanging oerings that have value for customers, clients, partners, and society at large.Strategy. It is the direction and scope of an organization over the long-term which achieves advantage for the organization through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations.Catering. The activity of providing food and beverage for events.Marketing Mix. A planned mix of the controllable elements of a products marketing plan normally termed as 4Ps product, terms, place, and promotion.Product. Represents a set of tangible and intangible elements used to adjoin the needs and wants of consumers.Promotion. The publicization of a product to increase sales or public awarenessPrice. A value that testament purchase a finite quantity of a product or service.Product Distribution. It is the process of making a product or servi ce available for use or consumption by a consumer.Scope and delimitation of the StudyThis study is conducted specifically on eleven (11) Catering Services in the vicinity of Bataan. specifically the eleven (11) catering services are as follows1. Tony and Ann Catering Services regain in Balanga urban center2. Mommy-Tahs Catering located in Orion3. Petrius Resto and Bar Catering located in Balanga urban center4. Goldiluz Catering located in Balanga City5. Ysiads Catering located in Balanga City6. Coras Catering located in Orion7. Junifred Catering Service and Accessories- located in Orani8. Cjs Catering Services located in Dinalupihan 9. Mattro Catering Services- located in Hermosa10. Gourmet Catering and Flower Shop- located in Orani 11. Know- Well Catering Services- located in AbucayThe eleven (11) Catering Services were subjected to survey questionnaire. star catering services at a time. Furthermore, this study was limited to inviteing only the effectiveness of the ma rketing strategies used by the different catering services.Statement of the ProblemThe main purpose of this study was to find out the effectiveness of marketing strategies used by different catering services in the locality of Bataan. Specifically, the study sought to answer the following questions. 1. Is there a significant relationship between the perspective of the business and its marketing strategies? 2. Is there a significant relationship between the number of years of the business and its marketing strategies?Significance of the StudyA study such as this enabled the different catering services in the locale to see if their marketing strategies were effective to increase their income. Furthermore, this is also important to all the catering services for this will help them in the promotion of their services using different marketing strategies. With the use of various marketing strategies, catering services may lead to higher income.Moreover, the useful and relevant informatio n acquired from this study may help future researchers in the same field of study. This study will march on help the catering services to develop more effective marketing strategies.Related Literature fit to Scanlon (2007), the marketing mix includes the marketing strategy elements and may be conducted either as an alternative to the marketing cycle or as a continuing activity in the market process. The marketing mix incorporates the four raw material elements into the overall strategy of marketing a product or service. The four basic elements consist of a product (product) the outlay of the product (price) the promotion of the product, and (promotion) the distribution of the product. (place)The product. This is the primary element of the marketing mix, with the other elements adjusting to it depending on the given situation. The product represents a set of tangible and intangible elements used to satisfy the needs and wants of consumers. The product has all the attributes of a s ervice, and it is designated for the market. What is a service, and which are the attributes of a product as a service? A service represents the result of the interaction of three basic elements the user (guest), equipment (facility), and the service round (staff). This result should meet the needs of guests (for example, wedding reception). The process of building a service marking is spanking to the product as a service. Becoming distinctive in the marketplace and building a brand helps to gain the trust of guests.Product price. The pricing should be based on three key elements service demand, costs incurred in creating services, and comparing and adjusting prices to those of rivals on the market.Some potential customers are more sensitive to prices than others. For some, price is the single variable on which they base their decision to buy (or not to buy) a product, while others caution nothing for the price, as long as it guarantees the quality of services provided. Hence, b usinesses need to be elastic in pricing. They must carefully monitor the reactions of customers to prices and, accordingly, adjust or change prices depending upon demand. Costs clearly influence the price of a product, and they determine the bottom price below which a business will begin to redness money. Prices should not, however, be overly cost-oriented, and they should not be increased to cover costs. Instead, they should be based on demand and adjusted to changes on the market. Rivals also play an important role in pricing. A business will often be compelled to change its pricing policy as a result of changes in the prices of rivals. Considering how scratchy competition is today, it must be analyzed and monitored.This means that prices, once fixed, cannot be allowed to remain unchanged, but rather, their readjustment to change should be taken as a sign of their flexibility. Product promotion. To promote a product, the business communicates with the market of demand. The mark et of demand comprises potential customers, various business organisations and organisations belonging to non-economic branches, and media. In promoting a product, a variety of promotional methods are used to present the product to potential customers and attract their attention. Considering the growing number of promotional methods available today in promoting a product, businesses choose to use a combination of promotional elements.