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Mugg & Bean is a full-service coffee-themed restaurant franchise, founded in Cape Town, South Africa. The restaurant chain was founded in 1996 by Ben Filmalter after a visit to a Chicago coffee shop in the early 1990s inspired him to open a similar restaurant in South Africa. [2] The first restaurant was opened at the V&A Waterfront in Cape ...
Marketing strategy refers to efforts undertaken by an organization to increase its sales and achieve competitive advantage. [1] In other words, it is the method of advertising a company's products to the public through an established plan through the meticulous planning and organization of ideas, data, and information.
Famous Brands (formerly known as Steers Group) is a South African-based conglomerate predominately dealing in quick service and casual dining restaurants, and is currently headquartered in Midrand. Originally founded in the 1960s, it became listed on the Johannesburg Stock Exchange (JSE) in 1994.
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Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property , use of its business model , brand, and rights to sell its branded products and services to a franchisee. [ 1 ]
A Galito's grilled chicken restaurant in Cape Town, South Africa. Galito's is a South African multinational fast casual chain that specialises in Portuguese style flame-grilled peri-peri chicken . Founded in Nelspruit , South Africa in 1996, Galito's operates over 210 outlets in 17 countries. [ 1 ]
KFC is the most popular fast-food chain in South Africa according to a 2010 Sunday Times survey. [34] Chicken Licken, Wimpy and Ocean Basket along with Nando's, Steers and Hungry Lion are examples of homegrown franchises that are highly popular within the country. McDonald's, Subway and Pizza Hut have a significant presence within South Africa.
An organization's marketing planning process is derived from its overall business strategy. Marketing plans start by identifying customer needs through market research and how the business can satisfy these needs. The marketing plan also shows what actions will be taken and what resources will be used to achieve the planned objectives.
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