Fast Food Industry Research Proposal
Research Proposal (Fast Food Industry)
To study the attitude towards consumption of healthy food within the fast food industry
Background
We are a marketing research team of a fast food chain store. With increasing awareness about healthy food among the masses and with consumer preferences changing towards healthy food, we intend to launch a health food segment to cater to this need of the customers. We are also concerned about the pricing of the product that whether it should be priced same as that of normal fast food or the customers would be willing to pay a premium for healthy food.
But before launching that product we want to know that “Is it worth it to our fast food restaurant to market healthy food”. To answer this management decision problem, we intend to conduct a marketing research within the region of West Delhi.
Introduction
* What is fast food? Definition1. Fast food have been defined by Bender and Bender (1995) as a “general term used for a limited menu of foods that lend themselves to production-line techniques; suppliers tend to specialize in products such as hamburgers, pizzas, chicken, or sandwiches”.
Definition2. In Data Monitor’s (2005) survey the fast food market is defined as the sale of food and drinks for immediate consumption either on the premises or in designated eating areas shared with other foodservice operators, or for consumption elsewhere.
Definition3. As per “the free dictionary” fast food is “inexpensive food, such as hamburgers and fried chicken, prepared and served quickly”.
Definition4.According to Merriam-Webster online dictionary fast food is “designed for ready availability, use, or consumption and with little consideration given to quality or significance * Why fast food? * Brief history of fast food industry in India * Fast food industry trend, facts and figures, key players in India * According to a study by the Tata Strategic Management Group, the size of the Indian health-and-wellness food market
To study the attitude towards consumption of healthy food within the fast food industry
Background
We are a marketing research team of a fast food chain store. With increasing awareness about healthy food among the masses and with consumer preferences changing towards healthy food, we intend to launch a health food segment to cater to this need of the customers. We are also concerned about the pricing of the product that whether it should be priced same as that of normal fast food or the customers would be willing to pay a premium for healthy food.
But before launching that product we want to know that “Is it worth it to our fast food restaurant to market healthy food”. To answer this management decision problem, we intend to conduct a marketing research within the region of West Delhi.
Introduction
* What is fast food? Definition1. Fast food have been defined by Bender and Bender (1995) as a “general term used for a limited menu of foods that lend themselves to production-line techniques; suppliers tend to specialize in products such as hamburgers, pizzas, chicken, or sandwiches”.
Definition2. In Data Monitor’s (2005) survey the fast food market is defined as the sale of food and drinks for immediate consumption either on the premises or in designated eating areas shared with other foodservice operators, or for consumption elsewhere.
Definition3. As per “the free dictionary” fast food is “inexpensive food, such as hamburgers and fried chicken, prepared and served quickly”.
Definition4.According to Merriam-Webster online dictionary fast food is “designed for ready availability, use, or consumption and with little consideration given to quality or significance * Why fast food? * Brief history of fast food industry in India * Fast food industry trend, facts and figures, key players in India * According to a study by the Tata Strategic Management Group, the size of the Indian health-and-wellness food market
References: 1) Naresh K. Malhotra, Marketing Research- An Applied Orientation, 3rd Edition 2) Anita Goyal and N.P. Singh, “Consumer perception about fast food in India: an exploratory study” 3) Andrea Freeman, “fast Food oppression through poor nutrition”’ California Law Review, Vol. 95,issue 6 4) “Healthy Ambition”, Economic Intelligence Unit, April 6th 2011,Vol XVIII No. 7 5) “The Health & Wellness Foods Industry in India: An Overview”, Tata Strategic Management Group(2009)