mang inasal presentation
DESCRIPTION
MANG INASAL CASE STUDYTRANSCRIPT
Presented by:
Bachelor of Science in Business AdministrationHuman Resources Management
Introduction Focal Points Learning Objective Company Profile Man Behind Mang Inasal Case Analysis I. Define the Problem II. Areas of Consideration III. Alternative Course of Action (ACA) IV. Conclusion and Recommendation V. Bibliography Analysis and Other Related Info
Fast Food industry known as also “quick serve
restaurant” is flourishing business not only in the
Philippines but also in other countries. It has been
observed that this business grows as time goes by and we
witness the popularity of fast food is spreading rapidly
among many people due to the following three main
reasons: good taste, convenient time, and price.
This study focuses on the success story and of one of the
well known Filipino fast food and one of the most
preferred dining places of the Filipinos today which is “
Mang Inasal”.
Strategy Formulation
Marketing Strategy
Competitive Analysis
To understand and know the
rationale behind the story of
success of Mang Inasal
Fastest growing barbeque fast food chain,
serving chicken, pork barbeque and other Filipino
foods.
Established on 12 December 2003
First Store: loilo City
464 branches nationwide
Filipino Style Fast Food
November 2010 Mang inasal acquired 70% shares
by Jollibee Foods Corporation for P3 billion
To be the preferred quick service
restaurant of every pinoy
everywhere!
To consistently provide our customers
a great pinoy dining experience.
Donated P85,000 to build one home for
Gawad Kalinga Foundation
Donated P100,000 to SOS Children
Villages Iloilo in Celebration of hitting the
25th branches nationwide
Mang Inasal forest-
Mr. Edar Sia II
His parents gave him nickname “INJAP”
stands for “Intsik-Japan”
Born into a family of Chinese-Filipino
entrepreneurs
Sia’s first running of business was when
he was 20 year old
Photo Express, Laundromat, small
budget hotel
Received award as young entrepreneur
winner on 2010
Received awards on Urban Leadership
from Canadian Urban Institute
Be brave and be Bold
Innovate and star something new
Be ready for Backbreaking work
Refuse to give up
Go Slow and steady
Join reputable organizations
Continue to Look Opportunities
Mang Inasal means “Mr. Barbecue?”
Mang Inasal is not only known for its delicious food, but with its affordable, permanent, rice-all-you-can promo,
equipped with quick service.
Edgar Sia II is actually an architecture drop-out, but he was still able to establish a successful fast-food chain! How
cool is that?
Mang Inasal's success follows this formula: good business concept + quality of food + exceptional marketing strategy
+ affordable pricing and even expansion + the X Factor (blessing of God), which should be dealt with the right asal
(behavior).
Injaps thinks large food chains is not conducive
with his business
To eliminate a fast-growing competition and
maintain its market dominance over the local fast
food industry.
It’s another competitive strategy to boost its
potential growth
Advertisement/Endorsements
Large Target market
Market leader in the Barbecue Fast Food Chain
Accessibility
Efficient Commissary system
Locally Adapted food menus (Filipino cuisine)
Customer Satisfaction
Good Business Concept
Quality of Food
Affordable price
Promotions (Unli rice): Free soup and complete
condiments
Delivery Service
Eco Friendly Packaging materials
Slow Service
Filipino Culture
Unhealthy food
Commissary struggles
Customer Complain
Lack Research for other countries
Cleanliness
Gloomy Ambience
Limited Space/Crowded
Limited Menu
Product Availability
Uncontrolled customer traffic (Congested and crowded)
Lack of Product Innovation
Inconsistent in Service
New Brand Acquisition
Delivery
Expansion
Franchise
Technological Advances/Development
International Expansion
Large Target Market
Local Culture and Tradition
Trend towards healthy eating
Similar business concept and service
Competition
Economic slowdown
External changes (government, politics, taxes,
etc)
Changing customer tastes
Global Financial Crisis
Sanitary Standards
Marketing Mix: is the set of controllable, tactical
marketing tools that a company uses to produce a desired
response from its target market. It consists of everything
that a company can do to influence demand for its product.
It is also a tool to help marketing planning and execution.
Advantages
Better Profits/Increase Profits Enhanced brand recognition Promote your Product/Services Gain more clients
Disadvantages
Costly Requires investment of Time
Product Innovation: Innovation is an important
aspect of business today. It is important for
companies to be innovative in order to stay
competitive with their competitors.
Additional Menu/Varieties of healthier food choices
Bigger Chicken
Packaging
High Quality Foods
Ensure the freshness and quality of the food
Marketing campaign: when an advertising
campaign is effective consumers begin to look
forward for what is being promoted
Continuous serving of Unli rice/Free soup
Tie up Promotion
Combo meals/Barkada meals
Educational advertisement
Other Promos
Strategic Locations
Accessibility
Online delivery system
24 hour operation
Conduct orientation for
staff
Personnel delegation: to
delegate rightful and
trustworthy personnel to run
the company
Trainings
Good customer services
Minutes of
processing
foods/develop speed
Standard serving of
foods
On-time Delivery
Consistent quality
Maintain Cleanliness
Sanitary Procedure
Innovation on store
ambience/design
Well-groomed staff
Signage designs
Competitive Analysis:
With this evaluation, you can establish what makes your
product or service unique--and therefore what attributes
you play up in order to attract your target market.
Advantages
Enables you to identify gaps in the market for products, services or initiatives.
Assists you to price your goods and services both competitively and strategically.
Might give you ideas for new technology and methodology that could be applied within your own organization.
Disadvantages
Involves a commitment of resource which will have an inherent cost to the business.
Flawed analysis of competitors might result in making poor business decisions
Too much focus on the activities of competitors might lead a business into becoming reactive instead of proactive, resulting in a lack of innovation and a lack of unique identity in the market
The researcher therefore concludes that the man behind Mang Inasal has transformed his one store food chain Iloilo into many branches and made it one of the most prominent fast food chain in the country.
The Acquisition of Mang Inasal by Jollibee Food Corporation is a “Win-Win Strategy”
Perseverance and maximization of every opportunity led the company’s success.
Although Mang Inasal has already been sold to the giant company, Jollibee Food Corp., it continues to brandish its own uniqueness and ubiquity, bringing the favorite Filipino dish to all Pinoys across the country, the inasal chicken way.
Mang Inasal should use Product Development Strategy
continuously; with good research and development, Mang inasal
is capable continuing to produce products that fit well to the
taste of the clients.
It is advisable if Mang inasal will continue expanding its
network by setting more branches in strategic areas.
The use of Marketing mix
Continuous promotion of their own style barbeque chicken and
unli rice
Proper training of staff members, cleanliness and sanitary
procedures
Mang inasal should continue strengthen its existing
branches and should focus on the quality products that
provide consumer satisfaction and add value to them.
Should conduct feasibility for possible international
expansion
Ensure the freshness and quality of the food
Increase Operational Efficiency
Fred R David “Strategic Management Concepts and Cases”
N.A. Orcullo Jr., Ph. D. “Fundamentals of Strategic Management”
http://www.bootstrapperscorner.com “Marketing mix “
http://business-fundas.com “7 P’s of service marketing”
http://businessofaccouting.blogspot.com” advantages and Disadvantages of
Acquisition”
http://en.wikipedia.org
http://www.entrepreneur.com “Competitive Analysis” and “Acquisition”
http://fastfoodesol1312.blogspot.com”fast Food”
http://www.manginasal.com/
http://moneygizmo.net/ “Mang Inasal humble stories
The purchase of one corporation by another, The purchase of one corporation by another,
through either the purchase of its shares, or through either the purchase of its shares, or
the purchase of its assetsthe purchase of its assets
There's only one real way to achieve massive There's only one real way to achieve massive
growth literally overnight, and that's by growth literally overnight, and that's by
buying somebody else's company. Acquisition buying somebody else's company. Acquisition
has become one of the most popular ways to has become one of the most popular ways to
grow today.grow today.
Responsible
Hard Worker
Risk Taker
Creative
Flexible
Follows through with
ideas
Personable
Optimistic
Perceptive
Self-confident
Determined
High degree of energy
Innovative
Independent
Ability to anticipate
needs
Effective communicator
Responsive to criticism
Able to take the lead
Learn from mistakes
Self-directed
Characteristics Of Entrepreneur
Employee
Food quality
Customer satisfaction
Strategic location
Without STRATEGY, an organization is like a ship, without rudder, going around circle, its like a tramp, it has no place to go” –Joel Ross and Michael Kami