Little Tokyo Brisbane: Marketing Analysis and Recommendations Report

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Added on  2022/08/26

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This presentation provides a comprehensive market assessment and marketing recommendations for Little Tokyo Brisbane, a Japanese restaurant in Australia. The analysis includes an overview of the business, its propositions, and an assessment of the external environment using PESTLE analysis. The internal environment is assessed through SWOT analysis, identifying key opportunities and threats. Marketing-focused recommendations are provided, including introducing offers and discounts, developing social networking capabilities, and introducing new flavors. The presentation highlights the importance of marketing operations for growth and expansion, aiming to help the restaurant re-establish itself and achieve market growth. References are provided from various sources, including Facebook and academic journals.
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Little Tokyo
Brisbane
Market assessment and marketing recommendations
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About: Little Tokyo Brisbane
The concerned organization, Little Tokyo Brisbane is a Japanese Restaurant which is
based in Australia
The organization designed wider range of Japanese cuisines and offered customizable
options to the customers
The organization is located in Spring Hill QLD, Australia
However, the inconsistent business model of the venture resulted to liquidation and
closure of the activities
The business is still trying to cope with the losses that were faced by the same
Therefore, the purpose of the presentation is to provide the restaurant owner with the
insight on the present business situation in Australia and the opportunities and threats
that might be encountered by the same
(Source: Facebook.com 2020)
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Propositions
The organization provided the customers
with authentic Japanese experience
The customizable service propositions of
the venture empowered their sales
volume since its inception
The online booking facilities and easy
payment options enabled the organization
in improving customer experience (Lee,
Sardeshmukh and Hallak 2016)
The ambience of the restaurant was
imitated in the style of traditional
Japanese architectural structures
(Mostaghel et al. 2019)
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Assessment of the external
environment (PESTLE Analysis)
Political Stable political scenario of Australia
Minimal interference of the government in the
organizational affairs
Growing terrorism activities
Economic Expected growth of GDP of 2¾ % over 2019 and
2020 (Hallak et al. 2018)
Increased affordability of the people through
employment
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Assessment of the external
environment (PESTLE Analysis)
Social Growing rate of disposable income
Changing preferences of the customers
Technological Increased internet penetration
Better infrastructural facilities
Continuous enhancement of the IT operations
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Assessment of the external
environment (PESTLE Analysis)
Legal Government impose different employment
legislations like Fair Work Act and EEO for
monitoring over the operations of the venture
Imposition of corporate laws might restrict the free
functioning of the venture (Infante-Casella et al.
2018)
Environmental Environmental protection agencies play a vital role
in approving the operations (Hettihewa and Wright
2018)
Environmental protection based legislations might
restrict the capability of the organization in
increasing the profitability ratio (Jha and
Bhattacharyya 2018)
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Assessment of the internal
environment (SWOT Assessment)
Strengths
Wider range of business propositions
Efficient relation with the suppliers
Proficient human resource
Traditional Japanese ambience
Customizable options
Easy payment facilities
Weaknesses
Lower capability of investing in different marketing
related operations
Growing labor cost
Unsuitable business model for operating in the
Australian context
Opportunities
Improvement in marketing operations for
empowering customer value
Increasing diversity of propositions
Developing collaboration with existing
organizations
Undertaking expansion in the developing
economies
Threats
Increased threat of new entrants in the Australian
markets
Niche customer base
Extensive propositions made by the existing market
players
Change in the preference and buying patterns of
the Australian customers
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Evaluation of the situation
The business is facing a stage of liquidity
Absence of adequate marketing based operations
Increased threat of competition from the existing players
Change in the buying patterns and preferences of the niche customers
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3 key opportunities
Improvement in marketing
operations for empowering
customer value
Increasing diversity of
propositions
Developing collaboration with
existing organizations
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3 key threats
Increased threat of new entrants
in the Australian markets
Extensive propositions made by
the existing market players
Change in the preference and
buying patterns of the Australian
customers (Lee, Hallak and
Sardeshmukh 2016)
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Marketing focused
recommendations
Introduction of offers and
discounts on the first purchase, as
it would allow in empowering the
sales volume initially
Developing social networking
capabilities through different
digital and social media platforms
Introduction of new flavors in the
Japanese cuisines while mixing the
same with Australian traditional
dishes
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One key opportunity and threat
Opportunity
Introducing new cuisines by
mixing flavors of Japan with
Australia would create a unique
proposition
It would support the venture in
gaining a competitive benefit
over the existing players
Threat
Increase in the operational
expenses might restrict the
organization in maintaining the
profit ratio
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