23 Dec 2022

47

Admiral's Experience Food Service in San Diego: Market analysis

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Academic level: College

Paper type: Essay (Any Type)

Words: 237

Pages: 1

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Admiral's Experience Food Service in San Diego need to conduct market analysis in order to determine suitable ways of achieving growth. With the growth of technology, the management should embrace tech-driven strategies of marketing to maximize revenue, and create a brand that will scale the food service enterprise for a long time. Admiral can utilize influencer marketing. This method of achieving growth involves getting in touch with the local celebrities with huge followings in the social media, and own large blogs. Such entities have the ability of promoting Admiral's Food Service by spreading a word about them. The management should reach top food bloggers in San Diego via email and other means, and invite them for a special item on the menu. 

In the market, Admiral's Experience Food Service in San Diego is likely to face numerous risks. Firstly, competition is evident as there are other outlets within San Diego offering same services and foods. Another risk lies in the increased prices of foods. Uncertain prices affect everyone in the food industry and Admiral will not be an exception. With the increased prices of foods, customers are likely to cut spending, thus the business will record low profits. 

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Currently, Admiral's Experience Food Service in San Diego is keen on using trendy strategies to make sales although they need to update them. The management needs to incorporate tech-driven strategies such as email marketing, text marketing, and give back events among others. The management can improve sales by starting a client loyalty program. For instance, they can come up with a membership card that record every time a client seeks their services. 

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StudyBounty. (2023, September 14). Admiral's Experience Food Service in San Diego: Market analysis.
https://studybounty.com/admirals-experience-food-service-in-san-diego-market-analysis-essay

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