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Mkt for Cafe de Coral

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Mkt for Cafe de Coral
This report will discuss the marketing plan of Café de Coral. This report will have four major components namely marketing strategy, coordination of the marketing mix, action plan, and control. Under the marketing strategy are the four essential elements of the marketing mix such as product, pricing, place, and promotion, each of which will include a detailed discussion on the relevant strategies. Café de Coral is the leading fast food brand in Hong Kong. With its average of 300,000 consumers being served daily, Café de Coral is undoubtedly the undisputed leading fast food restaurant in Hong Kong. The company attributes its becoming the most successful fast food brand in Hong Kong to its broad experience from being a part of the food and catering industry for 34 years. Since Café de Coral has been in the business for such a long time, its proven experience has made Café de Coral one of leading companies in Asia.
Café de Coral is a fast food enterprise that is becoming more and more global. Since Café de Coral is the largest restaurant chain throughout the world, it is not surprising that Café de Coral is listed in the Hong Kong stock exchange. Café de Coral has various business operations and has even managed global expansion. The major business operations of Café de Coral include fast food restaurants, institutional catering, specialty restaurants, food manufacturing and distribution, and other international food and beverage enterprises.
Since the loyal consumers of fast food restaurants are developing perceptions of fast food outlets because of communicating with other consumers, being exposed to promotions and advertising campaigns, and personally experiencing fast food service in the past, and other sources, international fast food consumption is increasingly becoming popular in the market. In the food service business, it is recognised that marketing strategies should understand the perceptions and preferences of the consumers for quick service



References: Gummesson, E. (2004). Return on relationships (ROR): the value of relationship marketing and CRM in business-to-business contexts. Journal of Business & Industrial Marketing, 19(2): 136-148. Nagle, T. T. & Holden, R. K. (2002). The Strategy and Tactics of Pricing: A Guide to Profitable Decision Making, 3rd edn. Upper Saddle River, New Jersey: Prentice Hall. Parry, M. E. (2004). Strategic marketing management: a means-end approach. McGraw-Hill Professional.

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