- Understand the Marketing Place, Needs, Wants & Demands
- Designing a Customer Driven Strategies
- Prepare a Marketing Plan
- Building Customer Relationship
- Capture value from customers in return
- Understand the Market Place,Needs,Wants & Demands:
Being lover of fine food Italians imported this terrific dish to America. They always add something new to their menu, trying to reach new markets. - They offered many different food items for customers who did not necessarily want pizza.
- They are still using the diversification of their pizza according to culture & people regional values.
- They offer different varieties of pizza according to customer’s want & purchasing power e.g. The Extreme pizza.
2. Designing a Customer Driven Marketing Strategy:
- Their main strategy that they still follow today is the diversification of products they offer.
Other strategies followed by pizza hut are C.H.A.M.P.S. & 3 F’s.
- According to customer’s demand they make their strategies by keeping following points in mind;
Which customer they will serve?
- They serve their customers on the bases of income level, age through market segmentation.
- Their main segment which they has captured are combination of higher incomes & dual career families.
- Their maximum market segment is younger generation ranges from 12-30.
How will they serve these customers?
They fulfill their customer’s demand through;
- Value proposition
- Positioning
- Unique selling proposition (USP)
3. Prepare a Marketing Plan:
They develop best product with the resources available.
Their marketing plan is comprises on 4P’s;
Product
Price
Place
Promotion
4. Building Customer Relationship:
They build strong relationship with customer by offering them best pizza and they create customer delight through;
- Customer Relationship Management (CRM)
- Partnership Relationship Management (PRM)
Customer Relationship Management (CRM):
- In 1995 they began two customer satisfaction program;
1-800 customer hot line & a customer call back program.They’ve full service restaurant as well as delivery services.
- Crewmember at pizza hut strive each day to provide ‘customer mania’.
- They also offer two products within single price.
Partnership Relationship Management (PRM):
- They’ve inside & outside partners e.g customers, competitors, suppliers.
- Functional department corporate & focus on an area such as marketing, HR.
- In 1977 Pepsi co bought pizza hut & 1982 they stared joint venture with Whitbread.
- In 2006 Whitbread sold their share of joint venture to YUM! Brands Inc. Pizza hut UK Ltd was now 100% owned by Yum!
5. Capture Value from Customer in Returns:
- Pizza hut is committed to providing uncompromising product quality offering customers the highest value for money & giving service that is warm, friendly & personal.
- They also follow social factors to maintain their image through corporate social responsibility.
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