Preview

Chronic Tacos Marketing Strategy

Powerful Essays
Open Document
Open Document
2507 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Chronic Tacos Marketing Strategy
International Marketing

Company: Chronic Tacos.
Product: Mexican Fast Food
Target Coutry: Brazil

Table of Contents

Executive Summary 3
Description of Product / Service 4
1. Detailed Description 4
2. Features and Benefits to the customer 5
3. Proprietary Issues 5
4. Modification Needed 6
Rationale for Selection of Country and / or Market 6
1. Describe the Target Market 6
2. Why is this an appropriate market for the company and product 6
Market Entry Rationale 7
1. Describe your Market Entry Strategy 7
Legal / Political / Cultural Impact 8
1. Legal Issues 8
2. Political Issues 8
3. Cultural Factors 8
Pricing / Promotion
…show more content…
Detailed description.
Chronic Tacos is a fast food Mexican restaurant which born in 2002, New Port Beach, California.
The idea is serve a made-to-order Mexican food, with all fresh ingredients and full of flavor mixing with a sporting environment, serving beer, wine, pool tables, DJ and huge TVs. Basically the customers are adults under thirties at night and all age during day time.
After three years in 2005 after successful sales in New Port Beach, they open a second restaurant in Huntington Beach, California, famous for surfboard and young adults.
In 2006 the first franchise opened in San Clement. After eleven years, Chronic Tacos has more than 30 locations in USA and count with 4 locations in Vancouver, Canada.
Basically the service and product serve are related with a Texas-Mexican food such as Tacos, Burritos, Quesadillas, Taquitos and Flautas, Tortas, Salads, Nachos, pop, beer, wine and specials drinks.
The restaurants serving two options of rice, white lime and spanish rice, three kinds of beans, black, brown and refried Beans.
For meats they call by proteins and they are:
Carne Assada - Grilled Beef
Pollo Assado - Grilled Chicken
Carnitas - Slow Cooked Pork
Al Pastor - Sweet and Spicy
…show more content…
It was not possible to find cases of nationalization of companies by Brazilian government. Companies do not need be afraid of appropriation by the government.
One problem that affects companies and the population is the high tax that everyone has to pay to the government. At least seven kinds of tax must to be paid, as four federal tax and state and city tax, import and income tax. All this tax can reduce drastically the profit of the companies.

3. Cultural Factors Rice, beans, beef, chicken and sea foods are present in the Brazilians diet.
Brazil is a country with a society that absorbs the North America Culture as we can see, Burger King, Mc Donald’s, Nike, Pizza Hut, Subway are example of success sales in São Paulo, Brazil. Brazilians are friendly and they are always willing to try new flavors and especially new environments. The People in São Paulo don’t have too much time and a fast food is the first option for save money and time. After work it is really common “happy hours” with the co-workers and customers try to find new places with good food, nice music and drinks. Brazilians passions are: Soccer, Women and Beer.

Pricing / Promotion

You May Also Find These Documents Helpful

  • Good Essays

    With their take on a “fast-casual” restaurant, co-owners Will Cumberland, Baird Cumberland and Stephen Chan have introduced a unique dining experience fit for its young and urban neighborhood: casual and quick in its service (a great choice for those in a tight lunch break) but at the same time chic and relaxed in its vibe where you can stay longer and have a few beers with friends. The ambiance created from its décor to its menu and the cool atmosphere provided by itskitchen and staff is very welcoming and resonates a holistic vision of Wilbur Mexicana. It is not just a place to get delicious and reasonably priced Mexican street-food but also a place to hangout and share memorable food…

    • 599 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Chipotle Mexican Grill was a concept turned reality by a gentleman by the name of Steve Ells. Chipotle Mexican Grill provides excellent Mexican cuisine driven by a concept of “Food with Integrity”. The first chipotle Mexican grill was opened in 1993 in Denver Colorado. By the end of 1995 there were three. In 1996 alone, Steve Ells opened five more Denver-area restaurants growing by a total of eight stores in three years. By 1998 Chipotle Mexican Grill was showing much promise. In order to meet their growth needs Chipotle took on outside investors. In 1999 they opened their first out-of-state stores in Minnesota and Ohio. As Steve was seeing rapid growth with his company, he was also noticing significant issues with the quality of the food being desired in this industry. After learning how pork was traditionally raised in the United States Steve Ells started his business down a new path. This lead to the concept of “Food with Integrity” , which was as a result of Steve’s decision to sell only the highest quality organic and naturally raised foods. Chipotle Mexican Grill continues to grow rapidly and in 2006 went public on the New York Stock Exchange. By 2012, Chipotle Mexican Grill had over 1400 company-owned stores taking over as the number two Mexican fast food restaurant for total sales in the US market. Today the overall business environment for Chipotle Mexican Grill is very good. The company has grown by over 50% since 2010 and is seeing increases in revenue averaging between 18% and 20% each year. Since going public the company has seen a 4000% return in their stock prices. Chipotle Mexican Grill continues to grow an average of 150+ stores per year. Based on their financial reporting for 2013 they had reached $3.21 billion in revenue. The significant amount of growth…

    • 1753 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    When Steve Ells decided to create a restaurant concept that combined the quick-serve experience with exceptional quality food, he didn’t know it would be an instant hit (Thompson, Peteraf, Gamble, & Strickland III, 2015). He was looking for a way to use his culinary training and restaurant experience to elevate the fast-food concept. This transformed the way people thought about fast-food. His concept centered on a focused menu serving only high-quality, fresh ingredients using traditional cooking methods and made-to-order preparation in a restaurant interior that was aesthetically pleasing but still prepared in under 2-3 minutes. And Chipotle Mexican Grill was born! Within six years of being open, Chipotle Mexican Grill went public on the New York Stock Exchange, doubling its stock price the first day (Thompson et al., 2015). Year after year, Chipotle has been able to grow revenue from $3.2 billion to $4.1 billion ("CHIPOTLE MEXICAN GRILL INC (CMG:New York): Financial Statements - BusinessWeek," n.d.). See Exhibit 2 for Chipotle’s Financial Statement.…

    • 1654 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    References: The Chipotle Mexican Grill Website, – Annual Report 2008. (2009, June 5)” http://phx.corporate.net/External.File?item=UGFyZW50SUQ9OTI1fENoaWxkSUQ9LTF8VHlwZT0 ,retrieved 14 July 2009.…

    • 294 Words
    • 2 Pages
    Powerful Essays
  • Powerful Essays

    Chipotle

    • 11002 Words
    • 45 Pages

    The fast-casual restaurant industry was the pioneered by Steven Ellis, the CEO of Chipotle Mexican Grill. Now considered the leader in the fast casual industry, Chipotle Mexican Grill (CMG), first opened their doors in the spring of 1993 in heart of Denver, Colorado. Immediately Chipotle’s was a hit with the younger college crowd, and through word of mouth, CMG quickly became a staple for many residents near the college where the first restaurant opened. Since then, Chipotle has opened up 1230 stores in 46 states, including stores in Canada and recently London. Chipotle was built around the idea of simplicity, keep the menu simple and serve high quality, farm fresh, free range ingredients. “Food with Integrity” has been the corporate credo ever since.…

    • 11002 Words
    • 45 Pages
    Powerful Essays
  • Satisfactory Essays

    Tex-Mex style cuisine is the specialty at Chili's Bar and Grill. Hand-crafted burgers, fajitas, and baby back ribs are just three of the dishes the franchise is known for. Salads, sandwiches and appetizers such as chicken wings, southwestern egg rolls and queso also are available options. Pair any dish with a signature Presidente margarita.…

    • 119 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Brazil is a country in South America that is beginning to flourish and demand attention from the rest of the world. Brazil has had a troubled past gaining independence and problems with poverty but in the last few decades has gotten onto its feet and is, in my opinion, beginning their golden age.…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    C. Capital and repayment plan: earnings, short-term and/or long-term borrowing, long-term equity, plan to repay borrowed funds or provide return on investment to equity funds…

    • 1430 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Brazil is a melting pot, the most authentic melting pot in the entire World. Brazilian culture is a mix of cultures from other parts of the world, it's impossible to talk about Brazilian culture without the influences…

    • 260 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Chipotle Mexican Grill

    • 441 Words
    • 2 Pages

    Chipotle Mexican Grill, aims to do a few things but do them exceptionally well. When Chipotle (pronounced chi-POAT-lay) opened its first store in 1993, the idea was simple: demonstrate that food served fast didn't have to be a "fast-food" experience. We use high-quality raw ingredients, classic cooking methods and distinctive interior design--features that are more frequently found in the world of fine dining. When we opened, there wasn't an industry category to describe what we were doing. Some 16 years and more than 900 restaurants later, we compete in a category of dining now called "fast-casual," the fastest growing segment of the restaurant industry, where customers expect food quality that's more in line with full-service restaurants, coupled with the speed and convenience of fast food.…

    • 441 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Marketing and Product

    • 3133 Words
    • 13 Pages

    Company G, a company with a terrific history, produces high quality small appliances. Company G’s reputation speaks for itself, having earned the title of one of the most Reputable companies today. N Company G is continuing this by introducing our new appliance called G camera X.…

    • 3133 Words
    • 13 Pages
    Good Essays
  • Best Essays

    Brazil is a vast country rich in natural resources and beauty in the continent of South America. Located in the east-central coast of South America, it is the largest country in South America occupying nearly half the continent. Brazil’s topography is vast with its most priceless treasures inarguably being the Amazon Rain Forest. The Amazon River and its components attribute to two fifths of the country with the Amazon Basin making up 40% of the continent of South America (“Brazil”, n.d.). The Portuguese settlers were the first to arrive in Brazil and quickly found they were not alone, discovering the many tribes of natives that called Brazil their home for hundreds and maybe even thousands of years. These Portuguese settlers were not determined to conquer as the Spaniards, but were poor sailors who were seeking items for trade. This made it easy for the settlers to intermarry with the natives as well as the slaves they had brought from Africa, creating the mix of races known in Brazil today (Geographia, 2006). The Portuguese were not the only ones to seek Brazil to escape their situation and they were quickly joined by many immigrants such as French, Dutch, German, Italian, Japanese, Chinese, African and Arab, with Portuguese remaining the dominant and official language of Brazil. These cultures have blended into one…

    • 3774 Words
    • 16 Pages
    Best Essays
  • Better Essays

    Brazil is considered to be a middle class consumer driven economy. Brazil was a country once known…

    • 816 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Mexican Food In America

    • 722 Words
    • 3 Pages

    The first dish is tacos. Mexican restaurants, like El Jimador and El Espolon, serve tacos quite differently than…

    • 722 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Beas Pricing Dilemma

    • 1892 Words
    • 8 Pages

    We consider Ms. Bea Lim’s perspective, the Marketing Assistant of Prime Meat, Inc. as our point of view.…

    • 1892 Words
    • 8 Pages
    Powerful Essays

Related Topics