rendezvous a mobile crepe food truck presented by team 4 jessica harper diana merritt tyler orr erin...
TRANSCRIPT
RENDEZVOUS We bring the crepes to you!
CORE THEME AND IDENTITYGourmet street food on-the-go
Cuisine• French Crepes, traditional and original
Market Position• Hearty, gourmet street food on-the-go
Customer Value Proposition• Why us instead of a traditional restaurant?• Low/No Effort• Affordability• Flexibility• Exclusivity
RENDEZVOUS We bring the crepes to you!
TARGET MARKETIf we can reach them, we can cook for them!
Customer Types:• Late Night Crowd• High School Students• University Students• Social Media Enthusiasts• Business/Hospital lunch crowd• Manufacturer/Warehouse lunch crowd• Morning Church Crowd
RENDEZVOUS We bring the crepes to you!
TARGET MARKETIf we can reach them, we can cook for them!
Segment• Fast, hearty gourmet street food
Service Dimension• Walk-up window food truck
Location• Rendezvous is mobile, and can go wherever the
population is dense enough
RENDEZVOUS We bring the crepes to you!
CORE STRATEGYRendezvous is a smart investment with the potential for excellent returns
Strategy: Low-Cost• Small labor force (3 employees)• Affordable ingredients• Upfront cost of the truck: $24,407• Gas, insurance, storage, refrigeration costs• No rent
Strategy: Differentiation• Only daily food truck in Lexington• Only two other all-day crepe restaurants in
Lexington
RENDEZVOUS We bring the crepes to you!
CORE STRATEGYRendezvous is a smart investment with the potential for excellent returns
Critical Success Factors:FlexibilityHead StartProven Success in similar markets
A little bit working class, a little bit gourmet, these dishes are hearty, filling, and fun. They have the familiarity of flavors and Kentucky proud ingredients that will appeal to our customers, but distinguish themselves through their delivery, and that little extra ‘oomph’ that Rendezvous provides
FEATURED DISHDouble the deliciousness
RENDEZVOUS We bring the crepes to you!
Featured Ingredients
California Club:TurkeyHamBaconColby Jack CheeseAvocadoLettuceTomato
Dessert:BananaNutellaWhipped Cream
RENDEZVOUS We bring the crepes to you!
MENURendezvous has both new and familiar flavors for a broad audience
Breakfast: $31. Ham, bacon, egg,
cheddar
2. Bacon, egg, cheddar, avocado, tomato
3. Egg, cheese, onions, grilled bell peppers
Savory: $5
4. Ham, turkey, or roast beef with cheese, spinach, tomato
5. Bacon, mozzarella, tomato, avocado
6. Veggie: mozzarella, tomato, grilled seasonal veggies
7. California Club: Turkey, ham, bacon, Colby jack cheese, avocado, spinach, tomato
RENDEZVOUS We bring the crepes to you!
MENURendezvous has both new and familiar flavors for a broad audience
Sweet: $38. Cinnamon/Sugar
9. Nutella, powdered sugar, banana
10. Strawberries, chocolate
11. Goat cheese, apples, walnuts
Beverages: $1.50
• Coffee• Tea• Canned Beverages:
Soda, Juices, Energy Drinks, Bottled Water
Toppings:• Whipped Cream• Caramel Sauce• Chocolate Sauce• Walnuts
RENDEZVOUS We bring the crepes to you!
LOCATIONEven a high-end food truck is cost effective
2012 8.5' x 16' Pewter Concession Truck With Equipment $24,407 For Sale by Jim Collins Lexington, Kentuckyhttp://www.festivals-and-shows.com/2012-85-x-16-pewter-black-concession-with-equipment-24407-lexington-kentucky.html
RENDEZVOUS We bring the crepes to you!
PRINCIPAL COMPETITORSRendezvous is unique, with few direct competitors
Bradford BBQ
Mobile food truck and smoker
Mostly catered events or concessions at local events
No recent events to determine pricing
6 Friends Cafe
Crepes, panini and gelato
Located adjacent to Woodland park
Serves breakfast, lunch, and dinner; not open late
Indoor and outdoor seating
Average Crepe price: $6.95
RENDEZVOUS We bring the crepes to you!
PRINCIPAL COMPETITORSRendezvous is unique, with few direct competitors
La Petite Creperie
Crepe booth that gets set up at special events
Found only at downtown farmer’s market the pavilion on Saturdays 8 AM- 1 PM
Advertise as having many local ingredients in their crepes
No recent events to determine pricing
IHOP
Diverse menu, includes several different crepes
Found only on Palumbo Drive
Open 24/7, serves breakfast, lunch and dinner
Prices range from $3.29 (simple fruit crepe) to $7.99 (savory crepes
RENDEZVOUS We bring the crepes to you!
PHYSICAL CHARACTERISTICSRendezvous has been expertly designed for success
• Movable truck • Easy to spot from a
distance• French themed décor• Awning to protect
customers on rainy days
• Lights on awning to illuminate menu at night
RENDEZVOUS We bring the crepes to you!
PHYSICAL CHARACTERISTICSRendezvous has been expertly designed for success
RENDEZVOUS We bring the crepes to you!
PHYSICAL CHARACTERISTICSRendezvous has been expertly designed for success
MARKETING PLANRendezvous has a proven plan to get the word out
RENDEZVOUS We bring the crepes to you!
Local Media
Online Presence
Strategic Partnerships
Word of Mouse
Kentucky Kernal Advertisement• Single page inserts - $55 per
thousand• Online ads receive ~150,000 page
views per month – Banner = $180 per month
WUKY 93.1 Radio Advertisements• http://www.wuky.org/contact.html
• Gail Bennett - Marketing & Development 859-257-7049
Local Websites• www.visitlex.com• www.hamburgjournal.com• www.livingsocial.com
MARKETING PLANRendezvous has a proven plan to get the word out
RENDEZVOUS We bring the crepes to you!
Rendezvous Website• https://sites.google.com/site/rendezvouscr
epetruck/
Facebook• Check-in Discount approval from
Facebook staff• Will increase appearance of our name on
Facebook feeds
E-mail address• [email protected]
Local Media
Online Presence
Strategic Partnerships
Word of Mouse
MARKETING PLANRendezvous has a proven plan to get the word out
RENDEZVOUS We bring the crepes to you!
Warehouses:• Deliver paper menus to
Amazon/Toyota in advance• Provide some samples and talk with
managers• Develop signature crepe for the crowd
based on their feedback
Bars/Churches
Schools:• Cater evening events for high schools• Contact University clubs having
outdoor fundraisers and events (Polar Bear Plunge, car washes)
Local Media
Online Presence
Strategic Partnerships
Word of Mouse
MARKETING PLANRendezvous has a proven plan to get the word out
RENDEZVOUS We bring the crepes to you!
Be Present• Give recipes, cooking advice and tips• Keep ourselves in eyes and minds of customer
Offer Incentives• Have Facebook- or twitter-only offers during slower times
Capitalize on Trends to Establish Customer Base• Foursquare Swam Badge
Make it EASY to Advertise for us• Film a series of fun, silly videos that customers can watch
and click “share” (ie, the Great Crepe Capers)
Get Customers Involved• Encourage people to send us pictures (“Crepe Cam”)• Post them on our facebook page and website• Let customers vote on seasonal offerings or names of new
offerings
Keep Customers Informed• Regularly tweet our locations• “Check-in” to locations• Display planned route on website, facebook• “Food Truck Tracker” application for Android and iPhone
Local Media
Online Presence
Strategic Partnerships
Word of Mouse
RENDEZVOUS We bring the crepes to you!
BUDGETRendezvous is affordable and viable
Budget Item Amount
Revenue per Day $1,000
Food Cost per Day* ~$150
Food % of Revenue 15%
* Food costs• Based on average of 200 crepes sold per day and each customer paying an average of $5, at a cost of 65¢ per crepe
Annual Gross Revenue
$225,000
RENDEZVOUS We bring the crepes to you!
CONCLUDING COMMENTSRendezvous will be a successful venture for many reasons
We can succeed regardless of the economy, thanks to our uniqueness and our low-cost
We have proven track records of success to modelWe have no direct competitionWe make it easy for our customers on all levelsWe know there is a market for our productWe are flexible, adaptable, and awareWe can reach customers most restaurants can’tWe know how to leverage new and traditional media to
our advantageWe have advantageous value chain activitiesWe have great food!