Zomato Marketing Plan
Zomato Marketing Plan
TARGET MARKET
STRENGTH :
WEAKNESS :
Competition from search engines and other similar apps means limited
Growth.
Drastic growth means susceptible to bad content .
Not customized for each target market .
Work Efficiency .
High staff turnover .
OPPORTUNITIES :
THREATS :
Yelp.in
Menupages.in
Just-eat.in
ANALYSIS :
1 . Website Content And Experience :
Rating of website content based on three factors :
- Design of the website
- Quality information
- Ease of navigation
Use of bounce rate as an identifier for the user experience
2. Website Traffic :
Comparison of monthly website traffic –
3. Online Advertising :
Comparison of different types of online advertising with using tactics –
SEM , Social , Media ads , Mobile Marketing etc .
4. SEO :
Comparison of organic AD rank of companies based on relevant keyword /
phrase
Searches . The keywords were selected using Google Adwords keyword planner
Tool – the most common relevant and popular keywords generated for the
domain.
The keywords includes :
- Restaurants in Dublin
- Restaurants in cork
- Best restaurants in Dulin
7. Online Transactions :
Copmarision that if the bussiness have online transaction as part of their
Revenue model .
KEYS TO SUCCESS :
The Key factor for Zomato success is its Marketing strategy and in – depth
Knowledge of their competitors . Zomato aims to be a place where the
Foodies hangout . The company has spread in 20 countries with its head –
Quarter in New Delhi , India providing service to over 35 million values
Customers per month .
CRITICAL ISSUES :
The restaurants association said the problem is deep discounts that ZOMATO
Is bandying through its Gold program and the startup’s proposed changes don’t
Really address that “ It’s a tweak in the drug which doesn’t solve the addiction “
Growing pains of zomato : From raising cash to dealing with criticism –
Protest by Delivery executives
Investment issues
Partnership didn’t work
Unhappy restaurant owners
Handing the pink slip
MARKETING STRATEGY :
Mission :
Mission of zomato is to ensure that nobody has a bad meal .
They do this by –
Helping people discover great places around them .
Building amazing experiences around dining .
Enabling restaurants to create amazing experiences .
Objectives :
Increase Brand Awareness :
The marketing manager at zomato told that the biggest hurdle they are
facing
At the moment is brand recognition . zomato is currently at an early stage ,
It is really important for online marketing to increase brand awareness and
Get people to the website and give it a try .
Increase sign ups :
The zomato model is a high engagement one , hence there is a considerable
Amount of repeat users . But the user’s journey on the website starts with a
Sigh up . Considerable online marketing efforts would be targeted at
getting
People to sigh ups .
Increase App Downloads :
Almost a quarter of internet surfing is happening through mobile . The
booming mobile internet space has a lot of opportunities to promote the
mobile app .
Promote review writing :
Encourage existing users to write reviews about their experiences at a
restaurant .
RACE FRAMEWORK :
Target marketing :
TARGETING :
The primary target group for Zomato is :
Gender : Male and Female
Age : 18 – 30
Zomato uses the same target group for their search compaign . zomato has
developed 5 different personas within the same target group .
POSITIONING :
With the launch of zomato gold , it has made dining out pocket friendly for its
customers .
STRATEGY PYRAMIDS
Distribution
Zomato revealed that about 40% of the total sales were referral driven .
According to zomato almost 30% of the subscribers are coming through
Referrals and more than $2 million orders have been made using z coins .
Zomato cross sells its several offerings to a customer which has brought
Huge success as zomato is able to capture the customers are any phase .
According to zomato , customers acquisition cost is very low . zomato
Claims that of the 1.4 million it gets 150,000 are from India and sees 22
Million users come on board every month . Zomato Gold is another
program
That is referral driven , where on sharing their referral code , a customer
gets
A month of the zomato Gold services extended .
Brand Equity
The name Zomato has become a synonym for food and restaurants . It has
Become so popular among the consumers that they have reached 21
million
Monthly run rate and it claims to be a market leader when it comes to food
Delivery as well . zomato has been abel to show strong growth because the
Users are not using zomato for discounts they are using it for convenience .
To have easy access to food and get reliable information
about
restaurants . when it comes to food delivery as well . zomato has been able
to show strong growth because the users are not using for discounts , they
are using it for convenience .
Competitive advantage
- Strategy
Zomato creates innovative schemes that keep the customers engaged
The zomato gold which is an exclusive membership loyalty program
That gives customers an exclusive dine out and drinking
membership
With BOGO (Buy one Get one) and 2+2 complimentary drinks .
The zomato gold now has more than 600,000 customers . This has
helped customers to dine out more often , which according to the
restaurants has helped drive customer traffic at a higher rate . Gold
has made dining out more affordable than it ever used to be .
- Strong brand name
A good brand name is a must when comes to surviving in the
industry
And zomato has been effectively creating a brand name that
resonates
Trust and convenience . There has been the number of entrants in
this
Market like Food panda and Uber eats but they will have to work –
Extensively on their brand value to be able to compete with zomato .
MARKETING MIX
PRODUCT
Zomato provides its users with restaurant search information and reviews
that helps the customer to make good decisions .
Menu images are offered to customers especially for those restaurant that
are not running their own websites .
Slogan “ Never have a bad meal ” has proven the company ability to help
its
Users secure right restaurants for needs .
Their services include POS systems Restaurants search and discovery ,
White label Apps , Table reservations & online ordering services .
PRICE
Zomato doesn’t charge restaurants for putting their restaurant information
On the page .
There are three basics revenue generation avenues or sourcing namely :
Advertisements ( Sponser ads & Banner ads ) restaurant booking and event
Ticketing .
Event ticketing is where tickets for special events are sold through the site
Basically for large scale events or parties .
Restaurant booking or online ordering is charged at between 7.5% and
15%
of the sales depending on category of the restaurant .
PLACE
Zomato is an online search site that can be accessed by native users of
windows phones , window platform , Android users and watches .
It is available in 23 countries including India .
Site receive a flooded traffic of about 90 million visits every month .
PROMOTION
Zomato is credited to be one of the few brands that have become
successful
In content marketing .
One of their content marketing strategy , the main strategy is the vast use
of
Images to promote their products .
Products have been credited for offering pure Entertainment . In other
words
Images are important promotion features .
It content is also always fresh , with the old messages being delivered with
unique approaches .
The company has invested vastly on SEO and SME’S .
The use of social media to promote zomato has played an important role in
Making the company popular .
POLITICAL
INFLUENCE
Expert reviewier(Probabilty of Average weight
POLITICAL OF
FACTORS
changing factor on a scale from 1-5) Rating corrected
score
1-----3 1 2 3 4
Restrictions of Import of Imported
1 1 2 0.5 0.041667
Goods
2 Increased no of Inspections 1 1 0.25 0.020833
3 Stability of Govt 1 2 0.5 0.041667
4 Changes in Legislation 3 4 1 0.25
Tendencies to regulation in the
5 3 4 1 0.25
industry.
Regulation of competition at the state
6 0 0 0
level.
7 The level of corruption 3 2 0.5 0.125
8 freedom of speech. 0 0
9 0 0 0
Elections at any level of the state
10 msp price and APMC BILL 0 0
11 0 0
12 0 0
13 0 0
14 0 0
15 0 0
16 0 0
17 0 0
18 0 0
12 0
ECONOMICAL
1-----3 1 2 3 4
1 1 1 0.25 0.013888889
GDP dynamics
2 Growth rate of the economy 2 3 0.75 0.083333333
3 The level of inflation 1 1 0.25 0.013888889
4 Stability of the currency 3 5 1.25 0.208333333
5 0 0 0
Refinancing rate
6 1 3 0.75 0.041666667
The unemployment rate
7 the average wage 0 0
8 Purchasing power of the population 3 4 1 0.166666667
SOCIOLOGICAL
INFLUENCE weight
Expert reviewier(Probabilty of Average
OF
changing factor on a scale from 1-5) corrected
FACTORS Rating
score
SOCIOLOGICAL
1-----3 1 2 3 4
1 The standard of living, education 3 5 1.25
0.288461538
2
Attitude to imported goods, work, 3 3 0.75
leisure. 0.173076923
3 Relation to religion and other beliefs 0 0 0
4 The influence of the media 2 2 0.5 0.076923077
5
The level of migration and 2 3 0.75
demographic growth 0.115384615
6 Pandemic impact on consumption 1 1 0.25 0.019230769
7 Healthcare facilities 0 0 0
8 Ease of Doing Business 2 3 0.75 0.115384615
9 0 0
10 0 0
11 0 0
12 0 0
13 0 0
14 0 0
15 0 0
16 0 0
17 0 0
Total 13
TECNOLOGICAL
Averag weight
INFLUENCE Expert reviewier(Probabilty of
TECHNOLOGICAL OF FACTORS changing factor on a scale from 1-5)
e corrected
Rating score
1-----3 1 2 3 4
1 3 3 0.75 0.375
The level of innovation in the industry
2 2 3 0.75
Technology development cycle
3 The degree of technology use 1 2 0.5
ENVIRONMENTAL
1-----3 1 2 3 4
1
1.25
2 Pollution level 3 5
3 Frequency of Natural Calamities 3 4 1
4 Pandemic occurance 1 2 0.5
1.25
5 Land use Pattern 3 5
6 Monsoon Pattern Highly irregular 2 3 0.75
12
LEGAL
INFLUENCE
Expert reviewier(Probabilty of Average weight
LEGAL OF
FACTORS
changing factor on a scale from 1-5) Rating corrected
score
1-----3 1 2 3 4
Labour laws -Degree of enforcement 3 5 1.25
1
2 Trade union strength 3 4 1
3 Fairness of equity of justice 1 2 0.5
Speed of legal disputes adressed in
0 0
4 court of Law
5 Ease of Doing Business-Good /Bad 2 0
6 0
7 9 0
How likely to ha
Who What
it would not be easy to enter as zomato has large
uber eats
number of loyal customers and huge market share unlikely
competition is fairly easy to beat as zomato can
take advantage of its economies of scale unlikely
Since zomato has huge distribution channel in
plces and hence they have huge and good supply
chain in place likely
which they can use
Power of suppliers
How likely to ha
Who What
suppliers increases the prices accodring to flow
Restaurants
of customers for the product and demand likely
Cafes zomato has lot of huge number of suppliers
likely
every day every time they give new innovation
cusines
on food that customers get attracted likely
there is no need to change the suppliers
unlikely
Power of customers
How likely to ha
Who What
zomato can take advantage of huge market share
Teenagers and huge economies of scale to keep price low
for price sensitive buyer . likely
it depends totally on the customer how mich they
young adults
are on ease to spend likely
As zomato deosnot have large list of competitor
hostel students
it is not likely for customers to swicth on to other unlikely
Threat of substitute products
How likely to ha
Who What
The threat of substitues keeps on rising as lots of
online food apps and lots of innovation keeps on
rising likely
from the competitors .
Competition in industry
How likely to ha
Who What
Questionnaire
1. Please state your name .
2. Please state your gender .
a. Male b. Female c. Prefer not to say
3. Please state your Age group
a. 18 – 25 b. 26 – 34 c. 35 – 50 d. 50 and above
4. How many times in a day do u order food from zomato ?
a. 1 times b . 4 times c. 1-2 times d. 3-4 times
5. I would consider myself as casual user
a. Strongly disagree b. Disagree c. Nuetral d. Agree e. strongly agree
6. which platform do you primarily use to order foods online ?
a. Website b. Apps c. Both
7. Which platform do you secondarily use to order foods online ?
a. Laptops b. Mobile phones c. others d. I only order from previous
options I have selected
8. If you were to choose between the options below mentioned which
online food delivery app would choose ?
a. Uber eats b. Zomato c. swiggy
9. Do you own any Online food app membership ?
a. Yes b. No
10.Which online food app membership do you own if your answer was
yes?
a. Swiggy b. Zomato
11. How Rarely do you use Zomato ?
a. Twice a week b. Weekly c. Monthly d. None
12. How much knowledge do you have of online food delivery apps ?
a. No knowledge b. some knowledge c. Average knowledge d. More
Than average knowledge e. Vast knowledge
Results and inferences from survey -
Tabulation and Inferences –
2.
Gender
6%
38% Female
Male
prefer not to say
56%
3.
Age Group
4%2%
18 - 25
26%
26 - 64
35 - 50
50 and above
68%
From the survey we can see that 94% belongs to the group 18-34 , so an
average of a online food app users in India is possibly 26 .
4.
8%
1 times
4 times
28% 1-2 times
3 -4 times
54%
10%
A huge percentage of people have responded that in a day they use zomato one
times to order food a more than one times comes second to that , so it is safe to
say Indians don’t lot online food order and it is safe to say come under the
category of ‘ Casual users ’ as from tabulation we calculate 54% have responded
that they use online app only one times and 28% have responded they use 1 -2
times .
5.
34% 16%
22%
18%
When asked to confirm to the statement if they are casual users 52% of them
Identified to the statement which proves that Indians are mostly casual users .
Preferred Primary Platform
4%
34%
Website
Apps
Both
62%
Laptop
40% 36% Mobile phones
Others
I only order from previous options I
have selected
2%
22%
7.
As evident from the tabulation people prefer Laptop to order food as their second
option . while 40% have said that they don’t want to order food online from
secondary device .
Preferred online apps (if chosen)
5%
25%
Uber eats
Zomato
Swiggy
70%
8.
It is very clear from the apps that zomato is the more popular online app.
14%
No
Yes
86%
9.
Most respondents don’t own a online food app Membership only 14% of people
has it .
Which online food App membership do you own if your
answer was yes
20%
Swiggy
Zomato
80%
10.
11% 2% 20%
Twice a week
weekly
Monthly
None
67%
11.
It is evident from the chart that above 60% are weekly users of zomato and
about 2% are the none users of zomato .
Prior knowledge of online food delivery apps
7% 2%
3% No knowledge
8% Some knowledge
Average knowledge
More than average knowledge
vast knowledge
81%
12.
We can see that some people do not have a lot of knowledge about online food
delivery apps . Most people have average knowledge of it and mostly have some
knowledge of online food delivery app.