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778-Som-Lalit Institute Of Business Management - Gujarat ...

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Also we wanted to establish one of the biggest and most respected restaurant<br />

chains in the world and bringing up name of Qatar in the world map. Our aim is to<br />

win ―Best Arabic Restaurant‖, ―Best Lebanese Restaurant‖ and Qatar Today Award‖.<br />

Marketing<br />

Marketing is pivotal in keeping a restaurant running. It is important to retain our<br />

existing customer base while growing the restaurant by attracting new diners.<br />

An example of a marketing goal might be to attract new diners from a particular<br />

neighborhood. Objectives might include using social media to engage potential<br />

diners in conversations about food, to join the neighborhood summer activities<br />

planning committee and to send a direct mailer inviting people from the<br />

neighborhood to try a free appetizer.<br />

Doha‘s population is 1.76 million. Average spending by a person on food in Doha is<br />

$17. Main marketing strategies to be adopted will be word of mouth and in store<br />

marketing.<br />

Revenue<br />

Revenue goals are important, since money is the driving force of the business. To<br />

achieve goals, consider figuring how much revenue we would need each month to<br />

achieve this goal. Also consider if there are months or weeks busier than others.<br />

Perhaps our business increases during the holiday season when people are busy<br />

shopping and have less time for cooking.<br />

Next, break down by how many meals/units need to be sold each week and each<br />

day.<br />

Consider our dining crowd. If we're more likely to have a full house on weekends, the<br />

revenue goals for these days will be higher than weekdays.<br />

66 | P a g e

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