Preview

Chipotle Grill Ececutive Summary

Powerful Essays
Open Document
Open Document
294 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Chipotle Grill Ececutive Summary
U7A1 Marketing plan section 1 - Executive Summary
Page 1

Chipotle Mexican Grill, Inc.
Marketing Plan

I. EXECUTIVE SUMMARY

Chipotle Mexican Grill is a chain of restaurants specializing in San Francisco burritos and tacos since it’s inception in 1993. Chipotle is known for chunky guacamole, large burritos, and assembly line production that provides high quality food served with the speed of fast food. Its “Food with Integrity” motto represents the pride it has in providing wholesome ingredients. The company presently uses 100% naturally raised chicken and pork, meaning the animals were raised in a humane way and never given antibiotics or hormones. Chipotle currently operates 862 restaurants in 33 states and plans to open 120-130 new restaurants in 2009 (Chipotle, 2009). A major challenge is finding new restaurant sites that will provide an adequate customer base and enable continued growth.

Chipotle has historically operated on miniscule advertising budgets, but will take a more aggressive stance in the near future. Mark Crumpacker was appointed the company’s first Chief Marketing Officer this past year, and promises to bring new energy and a fresh perspective to enhance Chipotle’s marketing posture.

An evaluation of the company’s internal strengths, weaknesses as well as external opportunities and threats served as the foundation for this strategic analysis and marketing plan. The plan focuses on Chipotle’s growth strategy and suggests ways in which it can build on existing customer relations by increasing the quality of their dining experience. The company will also aggressively seek to develop new markets in order to sustain growth and strengthen shareholder value over time.

U7A1 Marketing plan section 1 - Executive Summary
Page 2

References

The Chipotle Mexican Grill Website, – Annual Report 2008. (2009, June 5)”



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

You May Also Find These Documents Helpful

  • 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
  • Good Essays

    The strategy implemented by Chipotle is one that promotes their increasingly green “from Earth to table” supply chain. Chipotle serves “food with integrity” that is comprised of naturally raised beef, chicken, pork and organic vegetables. Their philosophy helps set them apart from competitors by creating a unique taste that is difficult to imitate. Another key part of Chipotle’s strategy is employee satisfaction. They believe that employee satisfaction will also lead to customer satisfaction. Chipotle emphasizes the importance of creating a unique customer experience to develop loyal customers and build their brand image.…

    • 573 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Chipotle

    • 18208 Words
    • 73 Pages

    Adding Multimedia Chipotle Plans Major Solar Power Initiative. (2009). Bloomberg.com. Retrieved on November 6, 2011 from http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=CMG%2FB:US&sid=aBDYgZAMPGlw…

    • 18208 Words
    • 73 Pages
    Powerful Essays
  • Good Essays

    Chipotle vs Panera

    • 1784 Words
    • 8 Pages

    Fast Casual Restaurant fast casual restaurant is a type of restaurant that does not offer full table service but promises a higher quality of food and atmosphere than a fast food restaurant. In the USA it is a relatively new and growing concept to fill the space between fast food and casual dining. The typical cost per meal is in the US$8–$15 range. Two emerging fast casual restaurants are Chipotle Mexican Grill and Panera Bread.…

    • 1784 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Chipotle Mexican Grill

    • 441 Words
    • 2 Pages

    When I was choosing a company I had to figure out what I loved most. So I decided to choose my favorite restaurant. The company I chose was Chipotle Mexican Grill, Inc (CMG). I know that this is crazy because its fast food, but I work less than 1 mile from one and I eat there at least 2-3 times a week. So as much money as I have invested in with just lunch a week. I was dying to find out their financial information and this assignment gave me my opportunity.…

    • 441 Words
    • 2 Pages
    Good 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
  • Good Essays

    Chipotle Case Study

    • 427 Words
    • 2 Pages

    Chipotle operates under a single business strategy in which it generated at least 95% of revenue from corporate owed restaurant. The advantage of having a single business strategy is that Chipotle focused their operation on one idea to expand their opportunity and growth. They focus their growth on Chipotle Mexican Grill domestically and internationally. Chipotle devoted their effort to one concept allowed them to create a more comprehensive plan. All their departments are working towards the same goals and objectives which can lead to better management.…

    • 427 Words
    • 2 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
  • Good Essays

    A core competency in Chipotle lies in their vision to ‘Change the way people think and eat fast food’. Chipotle was able to draw a much different concept than most other fast food chains. Through leadership and guidance of their founder Steve Ells, Chipotle has been able to grow into a large multinational corporation trading on the stock exchange and having thousands of locations in North America and many more in Europe. Their competency lied in commitment to provide research of of their food ingredients. organically…

    • 1387 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Chipotle's Argument Essay

    • 1824 Words
    • 8 Pages

    In today’s American Society, people yearn for quick and healthful meals. According to food research firm Technomic, 47 percent of Americans say they want healthier fast food options, but only about 23 percent actually order them (Sniegowski). An individual often subconsciously orders foods that look enticing in pictures or from companies that declare false information about the food in the advertisements; this enables fast food chains to operate profitably. A good fast food restaurant chain should have clean, simple and quality food with prices that can be affordable on the daily. Usually fast food Mexican restaurants are cheap and seem enticing but the food doesn’t meet the standards of nutritious and qualitative meals. In contrast Chipotle is a Mexican-style fast food restaurant that specializes in using meat that is obligated to satisfy the strict protocol for the treatment of animals. The company has a trademark called “Food with Integrity” that it uses to validate all of its meat…

    • 1824 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Swot Chipotle

    • 305 Words
    • 2 Pages

    Chipotle is a Mexican restaurant that was opened in 1993 with the one goal to serve high quality and tasty food quickly with an experience that exceeded but refined the fast food experience. Chipotle also focus on using the best ingredients, and upholding their mission statement “Food with Integrity”. It is important to have all of the above qualities in owning a business, but every company has strength and weaknesses, which I will be discussing in this paper. I will discuss the strengths of Chipotle and also their weaknesses, and explain how their strengths can improve their weaknesses.…

    • 305 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Founded by Steve Ellis in 1993, his main focus was to transform "fast food" to an experience more similar to fine dining. Taking inspiration from features commonly found in fine-dining, he wanted the strategy for Chipotle Mexican Grill to focus on the following five elements:…

    • 706 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Chipotle Swot Analysis

    • 2597 Words
    • 11 Pages

    In analyzing Chipotle’s current position to identify the strategies that the company should pursue, a SWOT analysis will give important insight into the business internal…

    • 2597 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Chipotle Mexican Grill

    • 509 Words
    • 3 Pages

    Chipotle Mexican Grill is an example of a relatively recent entrant in the national fast-food space that has provided exceptional quality to customers. Chipotle started as a one-shop burrito restaurant in Denver in 1993 that today is a publicly traded company with $1.3 billion in revenues from 1,000 restaurants. The company offers fast-casual, fresh Mexican food restaurants in the United States, UK, and Canada. In 2010 it had revenues of $1.74 billion.…

    • 509 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Chipotle Financial Analysis

    • 7240 Words
    • 29 Pages

    The company selected for our financial analysis project is Chipotle Mexican Grill. Chipotle (for short) is a company that is a major player in the fast food and restaurant industry. The name “chipotle” is derived from the Mexican Spanish name for a smoked, dried Jalapeno pepper. The restaurant sells large burritos and bowls in an assembly line production system where all the condiments are arranged and all the customer has to do is request what they want their burrito to consist of. This in turn lends itself to an air of individuality (creating multiple combinations and choices for the clientele). The Corporation trades under the ticker symbol CMG on the New York Stock Exchange. The most recent Fiscal Year End was December 31st 2011 and traditionally the end of the fiscal year/end of the fourth quarter is when Chipotle earns the greatest amount of revenue. The Company is headquartered in Denver, Colorado and was incorporated in Delaware in 1993. Chipotle’s major competitors include Cheese Cake Factory, Baja Sol, Boston Market and Qdoba to name a few.…

    • 7240 Words
    • 29 Pages
    Powerful Essays